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Grand Circle Small Ship Cruises Announces 2006 Results.


13% Sales Increase Underscores Demand For Small Ship Travel Among Americans 50+

BOSTON -- Grand Circle Small Ship Cruises, the leader in international small ship travel, today announced FY 2006 sales of $353.7 million compared with $314 million in sales in FY 2005--a 13% increase. The number of small ship passengers increased by 5% in FY 2006--from 82,800 passengers in FY 2005 to 87,000. With its fleet of 50+ small ships, Grand Circle Small Ship Cruises serves Grand Circle Corporation's two travel brands, Grand Circle Travel and Overseas Adventure Travel, by offering a diverse range of 40-plus overseas vacation choices.

"Small ship travel has become the #1 travel choice among Americans over 50," said Alan E. Lewis, Grand Circle's Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Grand Circle has been in business close to 50 years, and while other types of vacation have been popular, none has had the reaction that small ship travel has had. We've grown from one to more than 50 small ships in nine years, and despite such growth, we still can't keep up with demand. Our plans are to continue our small ship expansion, and we'll do so this year by launching a second ship in Russia and six new 50-passenger ships for the Adriatic, Aegean and E. Mediterranean, the first of which will launch this April."

Grand Circle Small Ship Cruises offers travelers the broadest range of international small ship vacations in the industry at prices that are hundreds, even thousands, of dollars less than those offered by competitors. In 2006, close to eight out of 10 small ship travelers (77%) rated their vacations as "excellent." With a reputation for both excellence and value, Grand Circle was named to Conde Nast Traveler's 2007 Gold List of the world's best cruise lines
See also List of ferry operators
This is a list of cruise lines, companies that operate cruise ships.
Name Headquarters
A'rosa Europe
NCL America America
AIDA Cruises Europe
American Cruise Lines America
 and was rated the #2 best small-ship cruise line A cruise line is a company that operates cruise ships. Cruise lines have a dual character; they are partly in the transportation business, and partly in the leisure entertainment business, a duality that carries down into the ships themselves, which have both a crew headed by the  in the magazine's 2006 Readers' Choice Awards survey. In addition, Travel + Leisure magazine's readers rated Grand Circle's small ships among the Top Five "World's Best."

By segment, Grand Circle Small Ship Cruises served 65,000 Grand Circle Travel passengers in FY 2006. It provided small ship adventures to 22,000 Overseas Adventure Travel passengers and earned $93.1 million in sales vs. sales of $64.8 million in 2005--a 44% increase.

About Grand Circle Corporation: Established in 1958, Grand Circle is the leading U.S. provider of international vacations for Americans over 50, with headquarters in Boston and 45 offices worldwide. It owns and operates a fleet of 50+ships, including 16 river ships, six barges, the ocean-going M/S M/S Meter(s) per Second
M/S Milestone
M/S Modeling and Simulation
M/S Master/Slave
M/S Messieurs (plural of Mister)
M/S Minesweeping
M/S miles per second
M/S Miniature Sheet
 Paul Gauguin Noun 1. Paul Gauguin - French Post-impressionist painter who worked in the South Pacific (1848-1903)
Gauguin
, a Galapagos Isles expedition vessel, six new 50-passenger ocean vessels (beginning in April 07) and more than 20 privately chartered yachts and motor cruisers This is a so far incomplete list of cruisers 1860-present. It includes protected, light, armoured, battle-, heavy and missile cruisers. Dates are launching dates. Argentina
  • Patagonia (1885)
  • Nicochea (1890) - Renamed Veinticinco de Mayo
. Through its brands: Grand Circle Small Ship Cruises, Grand Circle Travel and Overseas Adventure Travel, the company offers more than 100 extended stay vacations, escorted tours Escorted tours are a form of tourism in which travelers are escorted in a group to various destinations, verses a self-guided tour where the tourist is on their own. Escorted tours are normally conducted by a tour director who takes care of all services from the beginning to end , river cruises River cruise is a voyage up and down a river/rivers touching at a series of ports. River cruising is a form of traveling in the inlands waterways of the world. Unlike large ocean cruise liners, river cruise ships are usually smaller vessels, generally accommodating between 100 and , barge barge, large boat, generally flat-bottomed, used for transporting goods. Most barges on inland waterways are towed, but some river barges are self-propelled. There are also sailing barges.  trips, ocean cruises, and adventure programs.
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Publication:Business Wire
Date:Feb 19, 2007
Words:485
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