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| Photo from Windstar Cruises Website |
Windstar Cruises has endured some challenges over the past couple of years -- including a bankrupt former parent company, a new owner and the sour economy. But today, the three-ship niche line is reporting 60 percent higher sales for 2013 compared to this time last year, even as it completes an $18 million fleet wide renovation. What’s more, Windstar is looking to expand.
Owned by Xanterra Parks and Resorts, a subsidiary of Anschutz Corp., since May 2011, Windstar has rebounded from the closure of its former parent, Ambassadors International. Xanterra, part of the companies owned by billionaire Philip Anschutz, has invested in Windstar to help it flourish and grow.
“Philip Anschutz is not a flipper. He is not a guy that buys and sells,” said Windstar President and CEO Hans Birkholz during a press conference onboard the Wind Surf near Martinique earlier this week. “He is a builder of businesses. He obviously liked the product enough to buy the company.
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