Cruise & Cruise Line

Huge Cruise Growth Fuels Louis' Profitable 2013

Theresa Norton
by Theresa Norton
Last updated: 3:50 PM ET, Wed December 18, 2013

Cyprus-based Louis plc, the publicly listed parent of Louis Cruises and a hotel group, said it is showing profits of $4.1 million for the first nine months of 2013, which it described as a "considerable year-over-year improvement" and "welcome news amid Greece's continued financial crisis."

The company said the increase was largely due to increased sales by Athens-based Louis Cruises.

The cruise line, which has five ships, markets two to North Americans -- the 1,664-passenger Louis Olympia and the 1,200-passenger Louis Cristal.

The company strives to offer the quintessential Greek experience, with visits to lesser-known ports in the islands, the cuisine and the entertainment.

"This exciting announcement regarding Louis Cruises' profitability thus far in 2013 confirms we are on the right track by providing a distinctive, authentic Greek cruise experience that engages all five senses for each of our passengers," said Nicholas Filippidis, director of product development in North America for Louis Cruises.

"We are committed to offering a unique Hellenic experience both onboard and on-shore that conveys our passion for the region as we continue growing our offerings."


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