The ultra-luxury cruise operator Silversea is getting a boost from new majority owner Royal Caribbean with revamped products onboard and a complete overhaul of many of its ships.
The $2.9 billion partnership deal has just been approved and the companies have announced "Project Invictus," a multi-year initiative to transform Silversea's nine ships as they face intensifying competition in the high end cruise market.
The newest in the Silversea fleet, Silver Muse, is heading to New Zealand this summer and the company's recently appointed managing director for Asia-Pacific Adam Armstrong said the ship was setting the standard.
While competition was growing, more cruise companies and ships meant there was a growing awareness of what was available in the the luxury market.
He said Project Invictus, likely to cost more than $100 million, was aimed at "tweaking" the luxury.