The cruise industry is a prime example of the benefits that blockchain offers. Cruise lines could streamline their operations and work more efficiently, offering better service to consumers without losing value in the process. However, before this can happen with any confidence there are numerous hurdles holding back progress such as consumer privacy concerns and traditional regulators who remain skeptical about crypto-powered transactions.
The “cruise bookings 2022” is a problem that has been present for a while. It has caused some people to have trouble booking their trips.
The troubles at Genting Hong Kong now have far-reaching ramifications. The booking engines for Dream Cruises and Star Cruises have both gone down, and Crystal Cruises has opted to reroute Crystal Symphony away from the US in order to prevent the vessel being detained.
Genting Hong Kong, the owner and operator of the three cruise lines, filed for bankruptcy this week after failing to make loan payments. Despite Genting’s assurances that Dream Cruises will continue to operate, this assertion seems to have been unduly optimistic as of Saturday AM. At this time, no new voyages may be booked.
Three Dream Cruises ships are currently unavailable for booking.
Dream Cruises began the year with three ships: the Explorer Dream from Taiwan, the Genting Dream from Hong Kong, and the World Dream from Singapore.
Dream Cruises provided this image.
Due to COVID limitations imposed by the Hong Kong government, Genting Dream has suspended operations, Explorer Dream has been docked in Taiwan since January 15, and World Dream is still sailing with guests as of Saturday, January 22.
Cruises on any of the Dream Cruises ships are currently unavailable for booking. When you go to the booking engine, you’ll get a notification that says “No results found.” Despite promises to the contrary from a Dream Cruises spokeswoman this week, it seems that since cruises are not bookable at this time for the cruise line, cruises on World Dream from Singapore may be coming to an end as well.
Some Genting Hong Kong business activities, such as cruise operations by Dream Cruises, will continue, the company said in a statement, “to preserve and protect the core assets and maintain the group’s value; however, it is anticipated that the majority of the group’s existing operations will cease to operate.”
Due to the COVID-19 limitations imposed on the cruise ship by the local government, Dream Cruises canceled numerous journeys aboard Genting Dream departing from Hong Kong last week. The cruise operator recommended passengers to rebook their voyages for a later date, which has proven almost difficult due to the outage of booking systems.
Crystal Cruises are still available, however Star Cruises are no longer available.
Genting Hong Kong’s financial woes are affecting more than only Dream Cruises. Star Cruises’ booking engine fell down at the same time as Dream Cruises’. Last month, Star Pisces began operations in Malaysia, however it is currently situated off the Malaysian shore.
Another Star Cruises ship, the Superstar Aquarius, is parked in Kuala Lumpur, while the SuperStar Gemini is docked in Penang, Malaysia. The cruise line is no longer accepting reservations.
For the time being, Crystal Cruises seems to be accepting reservations. On Friday, the cruise company redirected its Crystal Symphony ship to Bimini, Bahamas, to allow passengers to disembark. The Crystal Symphony cruise ship was arrested after a Miami judge issued an arrest order to seize assets for unpaid fuel costs. The cruise company also announced in a statement that it will cease operations for all of its ships until April 2022:
“Suspending operations will allow Crystal’s management team to assess the existing situation of the firm and consider potential choices for the future.”
Photo credit: Shutterstock.com/Vytautas Kielaitis
It’s a sad state of affairs for a firm that rose fast to become one of Asia’s leading cruise operators and a luxury market leader.
Genting spent hundreds of millions of dollars in Crystal in recent years while it was busy developing the Global Dream, one of the world’s largest cruise ships. The shares of Genting Hong Kong has also been halted since Tuesday. The company’s market worth is approximately $451 million, down from almost $4 billion in 2013.
Nobody knows how things will turn out or whether Dream, Star, or Crystal Cruises will resume operations. If Genting is forced to sell assets, it would become prey for corporations trying to get into the lucrative Asian markets.
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The “tom cruise 2021” is a travel booking engine that has gone offline. This has caused a lot of people to have trouble booking their trip.
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