Cordelia Cruises Bets on Capacity Expansion, Debt Reduction
Cordelia Cruises is focused on expanding capacity, improving occupancy and reducing debt as it prepares for its next phase of growth, CEO & President Jurgen Bailom and CFO Nishikant Upadhyay told NDTV Profit. The cruise operator plans to add two new vessels using IPO proceeds, while continuing to optimise its cabin mix to drive yields and occupancy. The management also said it wants stock market volatility to ease and expects broader retail investor participation over time.
