Is Viking Cruises Selling Out to Pay Its Debt? IPO!
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Creator's Key Takeaways
Viking is a privately held company that is owned by Norwegian entrepreneur Torin Hogan.
the company recently shortened its uh name to just Viking citing the need to go beyond cruises and into adventures and other elements of travel.
Viking has been working on figuring all this out of course dealing with their debt which was around 4.7 billion in 2024 according to Bloomberg.
this privately held company is actually going into the financial markets and considering a move that would take the company public.
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In this Viking Cruises vlog we discuss the recent news that Viking is confidentially considering going from private ownership under Torstein Hagen to a publicly traded company through an IPO (Initial Public Offering); there are thoughts that this is in response to the massive debt accumulated from the COVID pandemic shutdown. As cruise enthusiasts ourselves we discuss what this could mean for the Viking cruise experience. Cruise Operator Viking Holdings Files Confidentially for US IPO https://www.bloomberg.com/news/articles/2024-02-23/cruise-operator-viking-holdings-files-confidentially-for-us-ipo?embedded-checkout=true UPDATE: As predicted, Viking has officially filed it's IPO! https://www.bloomberg.com/news/articles/2024-04-05/cruise-operator-viking-s-us-ipo-filing-shows-1-9-billion-loss?embedded-checkout=true https://cruiseindustrynews.com/cruise-news/2024/04/viking-files-for-ipo/ 📚 RECOMMENDED READING: Viking Cruises Travel Guide Book https://amzn.to/3VMPXSD ABOUT US: We are a couple who retired early in order to travel and enjoy life. We spend half our time in Washington DC and the other half in extended slow travel all over the world. Our philosophy is to "travel wide" but also to "travel deep" which means really getting to learn the stories unique to the destinations that we visit. Join us for the journey. ------------------------------------ 🗺️ Google Map Video Locations: https://bit.ly/mapofgems ------------------------------------ 🛒 Visit Our Travel Store for Recommended Travel Gear & Books, Etc.: https://www.amazon.com/shop/dchiddengems 🛒 Visit Our Fun Customizable Merchandise Store: https://www.zazzle.com/store/emissary000 We've designed some beautiful greeting cards, mugs, t-shirts and more; and you can take them to the next level by fully customizing the designs further with your name, photo, etc. Make sure and especially check out our cruise ship postcard collection: https://www.zazzle.com/collections/cruise_postcard_collection_by_emissary-119702112347735502 ------------------------------------ ☕ PATRON: You can help support the channel by leaving a small donation using the video "Super Thanks" button, or by becoming a channel member at https://www.youtube.com/channel/UCV_-lNUfwWQam7mNQg2ZB1Q/join ------------------------------------ Affiliate Link Offers: [You and I mutually share benefits from these proven companies and as an Amazon Associate I earn from qualifying purchases] 🎤 We Use the DJI Wireless Mics While On the Go https://amzn.to/3MkKOf9 🎙️ We Use the Shure MV7 USB Studio Microphone on the PC https://amzn.to/3pqjseE 🎥 We Use the Insta360 X3 360 Degree Camera https://amzn.to/4577lDj 🎫 We Book Our Touring Adventures with GetYourGuide Because We Trust Them and Tours are Cancellable https://gyg.me/30ks0MhS ✈️ We use the United Explorer Card to Pay for our Travels; Use this Code to get FREE Bonus Miles when you Sign Up too. https://www.referyourchasecard.com/215m/INEXTTZWO3 🌐 We use ExpressVPN for Online Security & Streaming; Get Free Months when you Sign up Here! https://bit.ly/expressvpnfreemonths 📺 To Watch TV & Keep Up with US News When We Travel we Pair Yahoo TV Service with Express VPN; Get at Least $50 Off with this Code https://tv.youtube.com/referral/r18lcduw3uzp0d 🎨 We Create Our Videos Using Graphics from Envato; Use Our Link for Unlimited Downloads of 14+ Million Creative Assets https://1.envato.market/dchiddengems 🖼️ Use Canva for Free to Create YouTube Thumbnails like us: https://www.Canva.com/join/fcs-bzv-hhj 📷 Store and Share Your Video and Photos Like We Do with Smugmug with Free Trial: https://secure.smugmug.com/signup?Coupon=o96vHp1omGClQ ------------------------------------ Keywords: #dchiddengems #slowtravel #travelvlog #gaytravel #cruise #cruiselife ------------------------------------ 🎦 Chapters 00:00 Viking Cruise News Intro 00:43 Billionaire Torstein Hagen 01:43 Viking Takes Off 02:30 Disaster! 03:11 Massive Debt 03:46 Rebound 04:14 Aftermath 06:33 Viking's Response 08:38 When Cruise Companies Go Public 09:35 A New Viking 11:21 The Bottom Line