USVI signs deal with Royal Caribbean to boost tourism


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

CHARLOTTE AMALIE, U.S. Virgin Islands (AP) — The U.S. Virgin Islands has signed a 10-year deal with the world's second largest cruise line to help boost tourism and generate revenue.

The Port Authority said Tuesday that Royal Caribbean Cruises has pledged among other things to guarantee a certain amount of passengers and pay a fee to berth at the island of St. Croix. The company owns two of the largest cruise ships in the world that already visit St. Thomas on alternate weeks.

Officials said the deal was reached after several years of negotiation and becomes effective October 2016.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast