SILVERSEA ANNOUNCES PLANS FOR SOUTHERNMOST HOTEL ON EARTH TO ELEVATE ANTARCTICA EXPEDITIONS

SILVERSEA ANNOUNCES PLANS FOR SOUTHERNMOST HOTEL ON EARTH TO ELEVATE ANTARCTICA EXPEDITIONS

The 150-room hotel in Puerto Williams will provide travelers with a uniquely seamless journey of unparalleled comfort to explore the ‘White Continent

(IN SHORT) Silversea has announced the development of a new 150-room hotel in Puerto Williams, Chile, the southernmost city in the world, aimed at enhancing the travel experience for guests visiting Antarctica. The hotel will facilitate seamless access to Silversea’s Antarctica Bridge fly-cruise program, enabling travelers to fly directly from Santiago to Puerto Williams. The groundbreaking ceremony for the hotel took place recently, with completion expected by late 2025. This initiative highlights Silversea’s commitment to luxury and innovative travel experiences, allowing guests to explore the stunning landscapes and wildlife of Antarctica while enjoying personalized service. The hotel will offer various amenities and aims to strengthen community ties while preserving local cultural heritage.

(PRESS RELEASE) Miami, FL, 2024-Oct-3 — /Travel PR News/ — Silversea, a leader in luxury expedition travel, has unveiled plans for a new hotel in Puerto Williams, Chile—the southernmost city in the world—aimed at enhancing the experience for travelers venturing to Antarctica. This 150-room hotel will facilitate an unparalleled journey to the ‘White Continent,’ offering guests a seamless blend of comfort and adventure.

The hotel will serve as a key element of Silversea’s innovative Antarctica Bridge fly-cruise program, which provides the fastest and most direct access to the continent. Guests will fly from Santiago, the capital of Chile, directly to Puerto Williams, ensuring a superior travel experience characterized by Silversea’s renowned personalized service and hospitality.

The groundbreaking ceremony for the hotel marks the beginning of its construction, with completion expected by late 2025. The project is being developed in collaboration with a consortium of Chilean investors, along with participation from local government officials and key stakeholders.

Silversea is uniquely positioned as the only cruise line that homeports in Puerto Williams during the Antarctic season. This strategic location in the sub-Antarctic region of Patagonia serves as an ideal gateway for adventurous travelers eager to explore the planet’s least-visited continent. From this launch point, Silversea guests will be able to immerse themselves in Antarctica’s stunning landscapes, uninhabited islands, towering snow-covered mountains, and rich wildlife.

Jason Liberty, President and CEO of Royal Caribbean Group, expressed enthusiasm for the new hotel, stating, “This development allows us to push the boundaries of the vacation experience we offer our guests, further enhancing our diverse portfolio of world-class vacations. Partnering with experienced teams in Chile, we provide a unique opportunity for travelers to explore one of the world’s most breathtaking and remote destinations.”

Bert Hernandez, President of Silversea, added, “We are excited to enhance the Antarctic travel experience by creating seamless journeys that eliminate traditional barriers for accessing this region. This initiative not only differentiates us from other polar expedition offerings but also underscores our commitment to innovation and excellence in experiential luxury travel.”

The hotel will boast picturesque views of the Beagle Channel and the snow-capped Patagonian mountains, along with various amenities, including a spacious restaurant for group gatherings, a bar and lounge, a fitness center, and a gift shop showcasing local artisans’ crafts and art. The architectural design will harmoniously blend with the surrounding landscape, drawing inspiration from local art, architecture, and materials.

Committed to fostering strong relationships with the Puerto Williams community, Silversea aims to generate economic opportunities while preserving the area’s cultural heritage and minimizing environmental impacts.

With over 15 years of leadership in luxury expeditions, Silversea is set to further expand its diverse polar offerings with this new hotel, solidifying its standing in the expedition segment. Its luxury expedition ships—Silver Endeavour, Silver Wind, and Silver Cloud—will continue to offer a range of six to 20-day Antarctic voyages, ensuring every traveler can discover this remarkable region in unparalleled luxury. For those with limited time, the Antarctica Bridge program allows guests to skip the Drake Passage and fly directly to Antarctica, starting their expedition in comfort.

For more information about voyages to Antarctica, visit Silversea’s website.

About Silversea
Silversea™ is recognized as an innovator in the experiential luxury cruise industry, offering guests large-ship amenities aboard its intimate, all-suite vessels: Silver Ray℠, Silver Nova®, Silver Dawn℠, Silver Shadow®, Silver Whisper®, Silver Spirit®, Silver Muse®, and Silver Moon℠ – all designed to offer an atmosphere of conviviality and casual elegance. With the inclusion of the expedition ships Silver Endeavour℠, Silver Origin®, Silver Wind®, and Silver Cloud®, Silversea’s itineraries encompass all seven continents and feature worldwide luxury cruises to the Mediterranean, the Caribbean, the Galápagos, both Polar Regions, and hundreds of fascinating destinations in between. Silversea is one of five cruise brands owned by global cruise company Royal Caribbean Group (NYSE: RCL).
For more information, visit www.silversea.com.

About Royal Caribbean Group
Royal Caribbean Group (NYSE: RCL) is a vacation industry leader with a global fleet of 68 ships across its five brands traveling to approximately 1,000 destinations. With a mission to deliver the best vacations responsibly, Royal Caribbean Group serves millions of guests each year through its portfolio of best-in-class brands, including Royal Caribbean International, Celebrity Cruises, and Silversea; and expanding portfolio of land-based vacation experiences through Perfect Day at CocoCay and Royal Beach Club collection. The company also owns 50% of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. With a rich history of innovating, Royal Caribbean Group continually delivers exciting new products and guest experiences that help shape the future of leisure travel. Learn more at www.royalcaribbeangroup.com or www.rclinvestor.com.

Cautionary Statement Concerning Forward-Looking Statements
Certain statements in this press release relating to, among other things, timing for completion of the hotel and anticipated business impact, constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. Words such as “believe,” “committed,” “could,” “driving,” “estimate,” “expect,” “goal,” “intend,” “may,” “plan,” “project,” “seek,” “should,” “will,” “would,” “considering,” and similar expressions are intended to help identify forward-looking statements. Forward-looking statements reflect management’s current expectations, are based on judgments, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. Examples of these risks, uncertainties and other factors include, but are not limited to, the following: our ability to obtain sufficient financing or capital to fund our capital expenditures, operations, debt repayments and other financing needs; the impact of the economic and geopolitical environment on key aspects of our business, such as the demand for cruises, passenger spending, and operating costs; incidents or adverse publicity concerning our ships, port facilities, land destinations and/or passengers or the cruise vacation industry in general; concerns over safety, health and security of guests and crew; further impairments of our goodwill, long-lived assets, equity investments and notes receivable; an inability to source our crew or our provisions and supplies from certain places; disease outbreaks and increased concern about the risk of illness on our ships or when travelling to or from our ships, which could cause a decrease in demand, guest cancellations, and ship redeployments; unavailability of ports of call; growing anti-tourism sentiments and environmental concerns; changes in U.S. or other countries’ foreign travel policy; the uncertainties of conducting business globally and expanding into new markets and new ventures; our ability to recruit, develop and retain high quality personnel; changes in operating costs; our indebtedness, any additional indebtedness we may incur and restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; fluctuations in foreign currency exchange rates, fuel prices and interest rates; the settlement of conversions of our convertible notes, if any, in shares of our common stock or a combination of cash and shares of our common stock, which may result in substantial dilution for our existing shareholders; our expectation and ability to pay a cash dividend on our common stock in the future; changes to our dividend policy; vacation industry competition and increase in industry capacity and overcapacity; the risks and costs related to cyber security attacks, data breaches, protecting our systems and maintaining data integrity and security; the impact of new or changing legislation and regulations (including environmental regulations) or governmental orders on our business; pending or threatened litigation, investigations and enforcement actions; the effects of weather, climate events and/or natural disasters on our business; the impact of issues at shipyards, including ship delivery delays, ship cancellations or ship construction cost increases; shipyard unavailability; the unavailability or cost of air service; and uncertainties of a foreign legal system as we are not incorporated in the United States.

More information about factors that could affect our operating results is included under the caption “Risk Factors” in our most recent Annual Report on Form 10-K, as well as our other filings with the SEC, copies of which may be obtained by visiting our Investor Relations website at www.rclinvestor.com or the SEC’s website at www.sec.gov. Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to us on the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Media Contact:

PHONE: +377 9770 2424
FAX: +377 9770 2428

Source: Silversea Cruises

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