The Alaskan Dream: Experiencing High Demand and Not on the Market

Alaskan Dream Cruises is not for sale, CFO Jeremy Plank states in response to a recently broadcasted podcast that featured a small ship Alaskan cruise company being on the selling list of a business brokerage website.

Denying any plans of putting the company on sale or raising capital, Plank clears the air.

He mentions that there are no immediate plans for a sale or capital raise. He is pleased to say that the company is returning to normalcy post the pandemic, with a revived family business experiencing strong booking demand for the 2024 season.

During the pandemic, like several other companies and particularly those in the hospitality and tourism sector, efforts were made to raise capital. This included engaging in conversations with private equity groups.

Heading into the 2024 season, the company is fully functioning with a new itinerary, and the 2025 program will introduce two new experiences.

New year-round positions have been introduced internally such as a Director of Guest Experience, a Corporate Executive Chef, and an Expedition Leader Coordinator. This year passengers will enjoy enhanced educational programs on board, innovative culinary experiences focusing on sustainable Alaskan food, and many other exciting additions to the guest experience.

The company is confident in offering a “True Alaska” experience that only they, as an Alaskan Native-owned company, can provide.