| | Business Summary | | Commodore
Holdings
currently
owns
and/or
operates
five
cruise
ships
through
its
wholly
and
partially
owned
subsidiaries.
The
Company
owns
three
cruise
ships,
the
S/S
Enchanted
Isle,
the
S/S
Universe
Explorer,
and
the
M/V
Enchanted
Sun,
and
has
chartered
two
additional
ships,
the
M/V
Enchanted
Capri
and
the
M/V
Crown
Dynasty
(collectively,
the
Cruise
Ships).
The
Cruise
Ships
are
matched
to
the
Company's
various
brands
and
operations
depending
upon
each
ship's
design
and
the
Company's
needs.
The
Company
also
offers
educational
cruises
aboard
the
Universe
Explorer.
The
Universe
Explorer
is
chartered
to
Sea-Comm,
Ltd.,
a
joint
venture
between
the
Company
and
Seawise
Foundation,
Inc.
Sea-Comm
has
space-chartered
the
vessel
to
Seawise,
which
operates
the
Semester
at
Sea
program
during
a
portion
of
the
year.
In
December
2000,
the
Company
announced
that
it
will
suspend
its
cruise
operations
and
has
filed
a
petition
for
protection
under
Chapter
11
of
the
United
States
Bankruptcy
Laws. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Commodore
Holdings
Ltd.
owns
and/or
operates
five
cruise
ships
through
its
wholly
owned
or
partially
owned
subsidiaries.
For
the
nine
months
ended
6/30/00,
revenues
rose
51%
to
$61.9
million.
Net
loss
before
acct.
change
applicable
to
Common
totalled
$15.5
million,
vs.
an
income
of
$3
million.
Revenues
benefitted
from
the
addition
of
the
Crown
Dynasty
to
the
Company's
fleet.
Higher
loss
reflects
a
$14.9
million
charge
related
to
shutdown
of
Coronado
Seas
San
Diego
operations. | | More
from
Market Guide: Significant
Developments |
| | Officers | | | FY1999 Pay | |
| Jeffrey Binder, 53
Chairman
of Directors | $195K | Frederick Mayer, 65
Vice
Chairman and CEO | 227K | Alan Pritzker, 45
CFO | 159K | Ronald Kurtz, 57
Exec.
VP | -- | Richard Dipple, 45
Sr.
VP - Hotel Operations | 109K | | Dollar amounts are as of 30-Sep-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
