Latest news with #VikingAmun
Business Wire
09-05-2025
- Business
- Business Wire
Viking Floats Out Newest Nile River Ship
LOS ANGELES--(BUSINESS WIRE)--Viking® ( (NYSE: VIK) today announced its newest ship for the Nile River—the 82-guest Viking Thoth —was 'floated out,' marking a major construction milestone and the first time the ship has touched water. Set for delivery in October 2025, the Viking Thoth will join Viking's growing fleet of state-of-the-art ships for the Nile River and will sail Viking's popular 12-day Pharaohs & Pyramids itinerary. 'Egypt is a country of profound historical and cultural significance, which makes it a destination of great interest to our guests,' said Torstein Hagen, Chairman and CEO of Viking. 'With two new ships, the Viking Thoth and the Viking Amun, debuting in 2025, we are very proud to continue expanding our elegant fleet and introducing more curious travelers to this phenomenal region.' The traditional float out ceremony of the Viking Thoth was held at Massara shipyard in Cairo. It is significant because it marks the ship moving into its final stage of construction. The vessel will now be moved to a nearby outfitting dock for final construction and interior build-out. The Viking Thoth & Viking's Growing Egypt Fleet Hosting 82 guests in 41 staterooms, the new, state-of-the-art Viking Thoth is inspired by Viking's award-winning river and ocean ships, with the signature Scandinavian design for which Viking is known. An identical sister ship to the Viking Osiris, the Viking Aton, the Viking Sobek, Viking Hathor and the Viking Amun, the Viking Thoth features several aspects familiar to Viking guests, such as a distinctive square bow and an indoor/outdoor Aquavit Terrace. Other ships in Viking's Egypt fleet include the Viking Ra and the MS Antares. In addition to the Viking Thoth, Viking plans to welcome four new ships in Egypt in the next two years, which will bring Viking's fleet to 12 vessels on the Nile River by 2027. Viking's Pharaohs & Pyramids Itinerary During the 12-day Pharaohs & Pyramids itinerary, guests begin with a three-night stay at a first-class hotel in Cairo, where they can visit iconic sites such as the Great Pyramids of Giza, the necropolis of Sakkara, the Mosque of Muhammad Ali, or the Grand Egyptian Museum. Guests then fly to Luxor, where they visit the Temples of Luxor and Karnak before boarding a Viking river ship for an eight-day roundtrip cruise on the Nile River, featuring visits to the tomb of Nefertari in the Valley of the Queens and the tomb of Tutankhamen in the Valley of the Kings, and excursions to the Temple of Khnum in Esna, the Dendera Temple complex in Qena, the temples at Abu Simbel and the High Dam in Aswan, and a visit to a colorful Nubian village, where guests can experience a traditional elementary school. Finally, the journey concludes with a flight back to Cairo for a final night in the ancient city. Media Assets For more information about Viking, or for images and b-roll, please contact vikingpr@ About Viking Viking (NYSE: VIK) was founded in 1997 and provides destination-focused journeys on rivers, oceans, and lakes around the world. Designed for curious travelers with interests in science, history, culture and cuisine, Chairman and CEO Torstein Hagen often says Viking offers experiences For The Thinking Person™. Viking has more than 450 awards to its name, including being rated #1 for Rivers, #1 for Oceans and #1 for Expeditions by Condé Nast Traveler in the 2023 and 2024 Readers' Choice Awards. Viking is also rated a 'World's Best' for rivers, oceans and expeditions by Travel + Leisure. No other travel company has simultaneously received the same honors by both publications. For additional information, contact Viking at 1-800-2-VIKING (1-800-284-5464) or visit For Viking's award-winning enrichment channel, visit Cautionary Statement Concerning Forward-Looking Statements Certain statements in this press release constitute 'forward-looking statements' within the meaning of the U.S. federal securities laws intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, all statements other than statements of historical facts contained in this press release, including among others, statements relating to our business prospects and strategy, our expected fleet additions and other similar matters. In some cases, we have identified forward-looking statements in this press release by using words such as 'anticipates,' 'estimates,' 'expects,' 'intends,' 'plans' and 'believes,' and similar expressions or future or conditional verbs such as 'will,' 'should,' 'would,' 'may' and 'could.' These forward-looking statements are based on management's current expectations and assumptions about future events, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict or which are beyond our control. You should not place undue reliance on the forward-looking statements included in this press release or that may be made elsewhere from time to time by us, or on our behalf. Our actual results may differ materially from those expressed in, or implied by, the forward-looking statements included in this press release as a result of various factors, which are described in our filings with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date of this press release. Except as required by law, we assume no obligation to update or revise these forward-looking statements for any reason, even if new information becomes available in the future. All forward-looking statements attributable to us are expressly qualified by these cautionary statements.
Yahoo
02-05-2025
- Business
- Yahoo
Viking Holdings Ltd (VIK): Among Billionaire George Soros' Mid-Cap Stocks With Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where Viking Holdings Ltd (NYSE:VIK) stands against other billionaire George Soros' mid-cap Stocks with huge upside potential. George Soros is one of the most successful investors in the stock market's history. He founded the Soros Fund Management, which currently manages over $6.6 billion in assets. His fund often makes contrarian moves that catch the attention of Wall Street and retail investors alike. Alex Soros, one of George Soros' sons from his second marriage, was handed over the reins in 2023. When investors like George Soros invest in companies, they usually have solid reasons to do so. This is why keeping an eye on their holdings is so important. We decided to take a look at George Soros' Mid-Cap stock holdings to see what mid-cap stocks he is betting on. To come up with our list of billionaire George Soros' 10 Mid-Cap stocks with huge upside potential, we first looked at his top 50 stock holdings. We then filtered out the companies between $10 billion and $40 billion in market cap. After arriving at his top mid-cap holdings list, we then looked at the median analyst price targets on those stocks and then ranked them by their upside potential. We have also mentioned the hedge fund sentiment as per Insider Monkey's database of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). George Soros of Soros Fund Management Soros Fund Management's Stake Value: $39.6 Million Number of Hedge Fund Holders: 52 Viking Holdings is a Bermuda-based tourism company that engages is passenger transport activities globally. The firm was formed in 1997, and after nearly three decades of operations, it now boasts a fleet of 96 ships. According to the median analyst price target, the company's stock still has an upside of 35.96% Like many other industries, the travel industry is also likely to be severely impacted by tariffs. While increasing costs resulting from tariffs can deal a big blow, it is the resulting inflation and reduced purchasing power that is worrying long-term investors. As discretionary income reduces, companies will have to fight harder to gain customers. This could result in a price war or discounts on cruises, something that will benefit holiday goers and not the investors. Last week, the company announced its newest ship, the Viking Amun, was already on water, awaiting the final build-out steps before it is ready for operation. It expects the ship to be in commercial operation by September 2025, so the company could end the year on a strong note. Overall, VIK ranks 9th on our list of billionaire George Soros' mid-cap Stocks with huge upside potential. While we acknowledge the potential of VIK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than VIK but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
