Skip to content
  • Home
  • Search
  • Expedition Report
  • River Report
  • Orderbook
  • Research
  • About Us
  • Email News
  • Advertise
  • Store
  • Contact
  • Home
  • Search
  • Expedition Report
  • River Report
  • Orderbook
  • Research
  • About Us
  • Email News
  • Advertise
  • Store
  • Contact
Twitter Facebook Linkedin
cin header 2025
Cruise Industry News Logo
  • Home
  • Cruise News
    • Cruise News Index
    • Email Alerts | E-Newsletter
    • Cruise Ship Orderbook
    • Ship Sales and Transfers
    • Search
    • Trade Shows and Events
    • PDF Resources
    • Historical Data
  • Quarterly Magazine
    • Quarterly Magazine
    • Feature Magazine Articles
    • Subscribe
  • 2026 Annual Report
    • 2026 Annual Report
    • River Report
    • Full Product Package
  • 2026 Executive Guide
    • 2026 Executive Guide
  • Digital Reports
    • Euro River Market Report
    • Global Cruise Ship Index
    • Expedition Market Report
    • Riverboat Index
    • Secondhand Market
    • Luxury Market Report
    • Drydocking and Refurb
    • Orderbook Capacity Data
    • China Market Report
    • Full Product Package
  • SUBSCRIBE
  • Home
  • Cruise News
    • Cruise News Index
    • Email Alerts | E-Newsletter
    • Cruise Ship Orderbook
    • Ship Sales and Transfers
    • Search
    • Trade Shows and Events
    • PDF Resources
    • Historical Data
  • Quarterly Magazine
    • Quarterly Magazine
    • Feature Magazine Articles
    • Subscribe
  • 2026 Annual Report
    • 2026 Annual Report
    • River Report
    • Full Product Package
  • 2026 Executive Guide
    • 2026 Executive Guide
  • Digital Reports
    • Euro River Market Report
    • Global Cruise Ship Index
    • Expedition Market Report
    • Riverboat Index
    • Secondhand Market
    • Luxury Market Report
    • Drydocking and Refurb
    • Orderbook Capacity Data
    • China Market Report
    • Full Product Package
  • SUBSCRIBE

Renaissance Plan

  • June 1, 2001

Malvern Marine’s takeover of majority ownership in Renaissance Cruises has led to rapid-fire changes at the beleaguered line.

In an interview with Cruise Industry News, Malvern head Peter Gram explained, “The former two co-chief executives, Frank De Rio and Richard Kirby, have both invoked their right to leave the company, which is understandable after we brought in Manfred Ursprunger.” After former Celebrity Cruises vice president Ursprunger was installed as president and CEO, fellow Celebrity exec Jim Henwood came aboard as vice president of sales, replacing Charles Dunwood – and personnel changes are expected to continue as Ursprunger’s new team is put in place.

Perhaps the most daunting task confronted by the new management and ownership is raising the company’s perennially low per-diems – partially a consequence of the former management’s failed direct­ sales policy and the resultant “boycott” by travel agents.

“We are an upscale premium product but we are selling as a contemporary product,” said Gram, noting that the previous ownership “was extremely concerned about not filling the ship” – thus the heavy discounting.

Further repairng the company’s marred relationship with the travel community “is obviously one of the key issues Mr. Ursprunger will be addressing,” said Gram. “We are 100 percent behind the travel agents and we will definitely not be going back to direct bookings.” While Renaissance ceased its anti-travel-agent policies last year, it is believed that the arrival of new ownership and new management will endow the company with a new level of credibility among travel agents.

“We will change some deployments, but it will not be dramatic,” Gram said. “There could be some new areas we will go to, but we will still have a very heavy emphasis on Europe during the summer.

“It’s more a question of what we will do with the ships in the winter. And the two ships in Tahiti will remain.”

On rumors that the company will seek to sell its two smaller 114-passenger vessels, Gram explained, “We have to review what to do with them. Because of their size they are not as profitable as the larger ships, and it is not easy to focus the company on the smaller ships when so much money has been invested in the new ships.” Potential options include forming an “alliance” with an outside party to help sell berths on the smaller vessels, or considering outright purchase offers.

Would the new ownership ever consider selling one or more of the new R-series ships? “That is not a preferred option,” Gram asserted. “One of the strengths of the company is the new, uniform fleet.”

Finally, when questioned about published reports that Renaissance lost $95 million last year on turnover of $580 million, Gram would only say, “Obviously, the company has had big losses, and we ‘re working to change that.”

Renaissance has announced an agreement with Monte Carlo-based Martinoli Sam to assume management of all marine and technical operations of the fleet. “We believe the decision will give us substantial cost savings,” said Gram, who asserted, “We are reviewing all of our options, all of our arrangements, everything from catering to the head count in the head office. We will review everything to cut costs in a way that is not detrimental to the product.”

Cruise Industry News Email Alerts
 
 

 

  • Cruise News
  • Magazine Subscription
  • Email Newsletter
  • Search
  • Cruise News
  • Magazine Subscription
  • Email Newsletter
  • Search
  1. Cruise Industry News
  2. Cruise News
  3. Renaissance Plan
EMAIL NEWSLETTER

Get the latest breaking cruise news. Sign up.

CRUISE SHIP ORDERBOOK

84 Ships | 229,384 Berths | $89 Billion | View

Drydock Report
2026 Drydock Report

Highlights:

  • Full Overview
  • Record Refit Year
  • 26-27-28 Schedule
  • PDF Download
  • Order Today
2026 Executive Guide
2026 Executive Guide

Highlights:

  • All Brands
  • Decision Makers
  • Contact Info
  • Brand Background 
  • Instant Download
  • Order Today
Cruise Industry News
  • Advertising
  • About
  • Contact
Online News
  • Cruise News
  • Feature Magazine Articles
  • Orderbook
  • Events
Publications
  • Quarterly Magazine
  • Annual Report
  • Email Newsletter
  • Executive Guide
  • Digital Reports
Connect
  • Search
  • Facebook
  • Twitter
  • LinkedIn
© Cruise Industry News 1996-2026. All Rights Reserved.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT