St. Louis

This thread is starting to remind me of "Chicken Little":D

 

 

Enjoy

I wish someone had played "Chicken Little" and warned me about Renaissance Cruise Lines going bankrupt before I lost my money and cruise.

Yes he is, according to an Oceana 2007 press release.

 

I don't know if he was part of the things that went right or went wrong with Renaissance. He certainly wasn't there at the end. Its financial advisers read like a who's who of the current financial crisis.

 

Nevertheless, I ask these questions because it seems to have an interesting business model. The wine stewards, for example, apparently don't work for the line but for a company that contracts to do that end of the business for Oceana. It seems to be a modern company that does things in modern ways - which was the claim to fame of Renaissance.

 

Again, I am likely to try it out on either a Black Sea or Greek islands cruise - that is if feedback here continues to encourage me in that direction.

 

As I say, trying a new line always gives one a bit of the jitters.

 

Smooth sailing...

Frank DelRio was at Renaissance four months before it went under. So I should say he was definitely "there at the end" as far as responsibility goes. They couldn't have fallen apart in four mos after he left. And he probably left for a reason = they were going under. And yes, he is the CEO for Oceania. As far as those who say the same couldn't happen to O because it is well run, succesful, etc. -- guess what? That's what they said about Renaissance. As one who lost over $2,000 when Renaissance went bankrupt, I would question any line that had the same CEO as Renaissance (and glowing reviews).