September 02, 2014 5:34 AM ET

Hotels, Restaurants and Leisure

Company Overview of Pullmantur, S.A.

Company Overview

Pullmantur, S.A. is a tour operator in Europe and Latin America. The company’s businesses include cruises, tour operation, land circuits and city tours, MICE, regular and charter flights airline, and a retail network of travel agencies. It provides tours to the Mediterranean, Caribbean, Baltic, and North sea destinations. The company was founded in 1971 and is based in Madrid, Spain with commercial offices in Mexico and Portugal; and business delegations in Brazil and France. Pullmantur, S.A. operates as a subsidiary of Royal Caribbean Cruises Ltd.

2 Mahonia Street

Madrid,  28043

Spain

Founded in 1971

Phone:

34 91 556 32 13

Fax:

34 91 418 87 90

Key Executives for Pullmantur, S.A.

Chief Executive Officer and President
Chairman of Royal Caribbean Cruises Ltd and Chief Executive Officer of Royal Caribbean Cruises Ltd
Age: 66
General Manager
Compensation as of Fiscal Year 2014.

Pullmantur, S.A. Key Developments

Pullmantur Names Jorge Vilches as President and CEO

Jorge Vilches has been named president and chief executive officer of Pullmantur, one of Royal Caribbean Cruises Ltd.'s six brands. Vilches will be responsible for the strategic direction and leadership of the brand to ensure its continuous growth and success. He will report directly to Richard D. Fain, chairman and CEO of Royal Caribbean Cruises Ltd. Vilches has spent the past 10 years in the travel industry, holding various positions with the LATAM Group. Most recently, he served as CEO of LATAM's long haul business unit, the group's biggest division in terms of capacity and revenue.

Pullmantur To Divest Non-Core Businesses

Pullmantur, S.A. is seeking to divest its non-core businesses to facilitate Pullmantur's ability to focus on its cruise business and Latin America.

Pullmantur to Launch LatAm HQ

Pullmantur announced that it plans to open a head office in Latin America as part of its three-year expansion plan in the region. The company will decide in the coming weeks the exact location of the Latin American headquarters, where it will develop specific business strategies for each market via the launch of routes in the Caribbean, Pacific and Atlantic regions. The expansion plan envisages also initiatives destined to make the company a leader on the cruise services markets with the biggest growth potential in the next ten years.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 9, 2013
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