Aurora Expeditions Forms New Vantage Explorations Company
In an unexpected move, Aurora Expeditions has announced the formation of a new company called Vantage Explorations. This comes after Aurora Expeditions acquired assets from Vantage Deluxe World Travel. The new travel company will operate as a separate entity under the Aurora Expeditions umbrella and is expected to launch a new travel program in the coming weeks. According to Neville Buch, the chairman of the company, Vantage Explorations is anticipated to offer Caribbean and Mediterranean cruises, as well as core products like river cruising and land trips. The new company is not affiliated with Vantage Deluxe World Travel, but has hired ten former employees of the former operator to take over customer service. Former Vantage Travel clients will also be able to use their credits to book trips with the new company.
The Creation of Vantage Explorations
Overview of Aurora Expeditions decision to form a new travel company
Aurora Expeditions, a renowned expedition cruise company, has recently made the decision to form a new travel company called Vantage Explorations. This decision comes after the acquisition of assets from Vantage Deluxe World Travel. Vantage Explorations will operate as a separate entity under the Aurora Expeditions umbrella, offering unique and exciting travel experiences to its customers.
Discussion on the rapid development of the new entity
The formation of Vantage Explorations has been a rapid and exciting journey for Aurora Expeditions. In a recent Q&A session, Neville Buch, the chairman of Aurora Expeditions, expressed his surprise at how quickly everything fell into place. Just six weeks ago, there was little thought given to the idea of forming a new travel company. However, with the bankruptcy process and an auction, the creation of Vantage Explorations became a reality.
Assets from Vantage Deluxe World Travel
Overview of the acquired assets
With the acquisition of assets from Vantage Deluxe World Travel, Vantage Explorations has gained a valuable collection of resources. This includes two small oceangoing cruise ships, a fleet of riverboats, and an extensive program of land tours. These assets will enable Vantage Explorations to offer a wide range of travel experiences to its customers.
Impact of Vantage Deluxe World Travel’s bankruptcy to the formation of Vantage Explorations
The bankruptcy of Vantage Deluxe World Travel played a significant role in the formation of Vantage Explorations. As part of the bankruptcy proceedings, an auction was held to sell off the company’s assets. Aurora Expeditions, through its subsidiary Pacific Travel Partners, emerged as the winner of this highly competitive auction. This acquisition not only allows for the creation of Vantage Explorations but also ensures the continuation of the travel experiences previously offered by Vantage Deluxe World Travel.
Operation of Vantage Explorations
How Vantage Explorations will function under Aurora Expeditions
Vantage Explorations will operate as a distinct travel company under the umbrella of Aurora Expeditions. While it remains a separate entity, it will benefit from the resources and expertise of Aurora Expeditions. This collaboration ensures that Vantage Explorations will be able to provide exceptional travel experiences to its customers.
The integration process of the new company within Aurora Expeditions
The integration process of Vantage Explorations within Aurora Expeditions is an important step towards creating a successful and sustainable venture. Both companies will work closely together to ensure a seamless transition and synergy between their operations. By leveraging each other’s strengths and expertise, they aim to deliver unparalleled travel experiences to their clients.
Vantage Explorations’ Future Sail Destinations
Expectation of Caribbean and Mediterranean trips
Vantage Explorations has exciting plans for its future sail destinations. One of its main focuses will be on the Caribbean and Mediterranean regions, both of which were previously served by Vantage Travel. By offering unique and immersive experiences in these popular destinations, Vantage Explorations aims to cater to the travel desires of its customers.
Plan to venture into cruise and land trip markets
In addition to its sail destinations, Vantage Explorations also plans to expand its offerings into the cruise and land trip markets. Building upon the core products of the former travel operator, including river cruises and land trips, Vantage Explorations aims to provide a diverse range of travel experiences to suit the needs and preferences of its customers. With its extensive collection of assets, the company is well-positioned to venture into these markets.
Staffing of Vantage Explorations
Hiring former Vantage Deluxe World Travel employees
Vantage Explorations recognizes the value of experienced personnel in delivering exceptional travel experiences. As a result, the company has hired a group of ten former employees from Vantage Deluxe World Travel. These individuals bring with them a wealth of knowledge and expertise, ensuring a seamless transition for customers who were previously served by Vantage Deluxe World Travel.
Training of new personnel and their expected roles
In addition to hiring former Vantage Deluxe World Travel employees, Vantage Explorations is also investing in the training of new personnel. These individuals will play vital roles in the company’s operations, ensuring that customers receive the highest level of service and satisfaction. Through thorough training and ongoing development, Vantage Explorations aims to create a team of dedicated professionals ready to exceed customer expectations.
Clientele of Vantage Explorations
Conversion of former Vantage Travel clients
Former clients of Vantage Deluxe World Travel will be pleased to know that Vantage Explorations will recognize their existing credits. This means that they can use their credits to book trips with the new company, allowing for a seamless continuation of their travel experiences. Further details on booking procedures and additional credit-related information will be provided to clients in the coming days.
Plan for trip bookings and additional credit-related information
Vantage Explorations understands the importance of a smooth transition for its clientele. As such, the company is working diligently to provide clear and comprehensive information on trip bookings and credits. This will ensure that clients have all the necessary information to make informed decisions and smoothly transition their travel plans to the new company.
Connection with Pacific Travel Partners
Role of Pacific Travel Partners in the acquisition of Vantage Travel’s assets
Pacific Travel Partners, a subsidiary of Aurora Expeditions, played a pivotal role in the acquisition of Vantage Travel’s assets. As the winning bidder in the auction, Pacific Travel Partners ensured the successful transfer of these assets to the newly formed Vantage Explorations. This strategic acquisition further strengthens the position of Aurora Expeditions and its commitment to providing exceptional travel experiences.
Discussion on the auction’s outcome
The auction for Vantage Travel’s assets was highly competitive, with multiple bidders vying for the opportunity to acquire these valuable resources. In the end, Pacific Travel Partners emerged as the victor, securing the assets and enabling the formation of Vantage Explorations. This outcome reflects the confidence and trust placed in Aurora Expeditions and its vision for the future of the travel industry.
Comparison with United Travel
Aurora Expeditions’ competitive edge over United Travel
Aurora Expeditions, through the formation of Vantage Explorations, has gained a competitive edge over United Travel. The successful acquisition of Vantage Travel’s assets positions Aurora Expeditions as a leading player in the travel industry, with a diverse portfolio of offerings to cater to various travel preferences. This competitive edge, combined with Aurora Expeditions’ expertise and commitment to excellence, sets the stage for a successful future for Vantage Explorations.
Implication of Vantage Travel’s assets acquisition for both companies
The acquisition of Vantage Travel’s assets has significant implications for both Aurora Expeditions and United Travel. For Aurora Expeditions, it marks a pivotal moment in their growth and expansion strategy. The addition of Vantage Travel’s assets strengthens their position in the market and enhances their ability to deliver exceptional travel experiences. On the other hand, United Travel’s bid for Vantage Travel’s assets, though unsuccessful, showcases their ambition and commitment to growth in the industry.
Vantage Deluxe World Travel’s Previous Operations
Overview of Vantage Deluxe World Travel’s operations
Before its bankruptcy, Vantage Deluxe World Travel operated two small oceangoing cruise ships, a fleet of riverboats, and offered a global program of land tours. Known for its high-quality travel experiences, Vantage Deluxe World Travel had established a strong reputation in the industry. The lessons learned and strategies employed by the former operator serve as valuable insights for Vantage Explorations as it embarks on its own journey.
Lessons and strategies for Vantage Explorations drawn from the former’s operations
Vantage Explorations can draw valuable lessons and insights from the operations of Vantage Deluxe World Travel. By studying the strategies employed by its predecessor, Vantage Explorations can identify best practices and areas of improvement. This will enable the new company to build upon the successes of the former operator and deliver even better travel experiences to its customers.
Implication for the Cruise Industry
Impact of the formation of Vantage Explorations on the cruise industry
The formation of Vantage Explorations has a significant impact on the cruise industry. With its diverse portfolio of assets and commitment to providing exceptional travel experiences, Vantage Explorations sets a new standard for the industry. It brings fresh perspectives and innovative approaches to the market, creating opportunities for growth and exciting new possibilities for travelers. The launch of Vantage Explorations will undoubtedly spur competition and drive further advancements within the cruise industry.
Future projections on the industry’s dynamics following the company’s launch
Following the launch of Vantage Explorations, the dynamics of the cruise industry are expected to undergo significant changes. The entry of a new player with a strong reputation and extensive resources will stimulate innovation and competition among existing operators. This will likely lead to the development of new and improved travel experiences, as well as the emergence of new trends and destinations within the industry. The launch of Vantage Explorations marks an exciting chapter in the cruise industry’s evolution.