Latest News

Back to Latest News back

 

SeaLink acquires Captain Cook Cruises Western Australia

SeaLink acquires Captain Cook Cruises Western Australia
February 25, 2016

Cruise and ferry services on the Swan River are poised to expand following the sale of Captain Cook Cruises Western Australia to national company SeaLink Travel Group.

Sealink Travel Group announced yesterday (Wednesday 24th February) that it would be paying $12 million to acquire the family-owned Perth business, which employs more than 100 people.

The deal will see the owner of Captain Cook Cruises in Sydney Harbour add to its fleet of 69 vessels already operating in four States, and the Northern Territory.

The deal also includes plant equipment, IP, licenses and existing contracts and will see SeaLink now operate Captain Cook’s Swan River wine cruise tours, and Perth to Fremantle ferry services.

Commenting on the acquisition, SeaLink Managing Director Jeff Ellison stated “we are delighted to expand our business footprint into WA, a State set for strong tourism expansion.

“We see significant upside with the opening in January of Elizabeth Quay. This development will reconnect the city and the Swan River, bringing public spaces, business opportunities and much needed accommodation to Perth.

“There is potential to provide marine transport to the new football stadium and the expanded casino and the ability to offer further commuter services in Perth.”

Captain Cook Cruises WA’s turnover in in the last financial year was $10 million, and the acquisition will be funded by existing undrawn bank facilities, Sealink explained.

Recent statistics show that Australia is the fastest growing cruise market in the world. The Cruise Lines International Association (CLIA) found that Australia experienced a 20.4% increase in cruise passengers in 2014, putting it six years ahead of its goal of reaching 1 million passengers by 2020.

According to the CLIA report, the South Pacific attracted more than 390,000 passengers in 2014, giving the region 39% of the Australian cruise market. However, river cruising was also in high demand with Australian travellers, with total passenger numbers growing by 62% to almost 80,000.

31st January 2016 - PUBLIC SPACE AT PERTH’S ELIZABETH QUAY FORESHORE PROJECT GETS OFFICIAL OPENING

25th August 2011 - SEALINK BUYS CAPTAIN COOK CRUISES

26th August 2010 - SEALINK SETS ITS SIGHTS ON CHINA


Support our industry news service
We hope that you value the news that we publish so while you're here can we ask for your support?

As an independent publisher, we need reader support for our industry news gathering so ask that - if you don't already do so - you back us by subscribing to the printed Australasian Leisure Management magazine and/or our online news.

Click here to view our subscription options.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

AUSFIT

Ausfit began in 1992, providing software services to the health and fitness sector including ClubWise, a fully hosted web-based product which combines state of the art club management software,…

read more

Billing / Finance / Fitness / Technology

 
 

AUSTRALIAN WATERSLIDES AND LEISURE

A leading designer and manufacturer of innovative waterslides and attractions, Australian Waterslides and Leisure (AWL) is also able to advise clients in the areas of concept and design, feasibility…

read more

Aquatics / Attractions / Play / Waterparks

 
 

Altitude Training Systems

ATS are global leaders in altitude training and research. From mask systems and inflatable tents to simulated altitude facilities, we help all athletes gain the competitive edge. Our…

read more

Fitness / Sport / Technology

 
 

TicketSearch Pty Ltd

TicketSearch is focused on providing businesses, organisations, and venues with affordable, efficient, and powerful self-managed ticketing solutions. The organisation has offices in Australia, New…

read more

Attractions / Entertainment / Technology / Ticketing / Venues

 
 

Pico Play

Pico Play is a global leader in the planning, design, development and construction of world-class themed attractions and entertainment that deliver extraordinary and memorable experiences to millions…

read more

Attractions / Consultants / Design / Recreation / Tourism

 
 

Aussie Strength

We are Aussie Strength. The ultimate supplier for Commercial Gym Equipment that's built to deliver in the toughest environments. From USA-Built hardcore weight training equipment from Arsenal…

read more

Fitness / Technology / Wellness

 
 

The Pool Enclosure Company

Now TPEC Pool Enclosures - see www.ausleisure.com.au/suppliers/tpec-pool-enclosures

read more

Aquatics / Design / Recreation / Venues

 
 

Hydrocare Pool Services

Hydrocare Pool Services Pty Ltd offer 30 years of experience in aquatic industry features, products and water treatment. Hydrocare Pools has undertaken water treatment for aquatic centres and…

read more

Aquatics / Attractions / Play / Recreation / Technology

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business