Investor group takes stake in AmaWaterways

Co-owners Kristin Karst (second left), Gary Murphy (second right) and Rudi Schreiner (far right) at the naming of one of their AmaWaterways vessels, AmaSonata Co-owners Kristin Karst (second left), Gary Murphy (second right) and Rudi Schreiner (far right) at the naming of one of their AmaWaterways vessels, AmaSonata (Photo: Anne Kalosh)

AmaWaterways said it has closed on an investment from travel and hospitality investor group Certares. Certares joins the Schreiner/Karst, Murphy and McGeary families as the company’s fourth investor.

AmaWaterways said all remain committed to supporting the company's long-term growth and innovation in the river cruising industry. Terms of the transaction were not disclosed.

Last week AmaWaterways, which is celebrating its 15th anniversary in 2017, christened its newest ship, AmaKristina, and debuted its design and construction plans for a double-width Danube ship, AmaMagna, expected to launch in 2019.

Certares, whose other investments include American Express Global Business Travel and Travel Leaders Group, is an investment company focused on the travel and hospitality sectors. Certares holds and oversees each of its portfolio companies separately.

'We are partnering with an exceptional team who have an incredible track record of customer service and product innovation,' said Colin Farmer, managing partner, Certares.

Posted 17 May 2017

© Copyright 2018 Seatrade UBM (UK) Ltd. Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Seatrade UBM (UK) Ltd.

Anne Kalosh

US editor of Seatrade Cruise Review and Seatrade Cruise News

4 Days of Endless Innovation 
Seatrade Cruise Global Conference Program is Teeming with Riches

  • A special bonus keynote panel with top execs: Innovation, Disruption and Setting the Course for the Future
  • The new Shore Excursion Presentation Challenge— five finalists pitch their “next generation” excursions to a panel of esteemed industry judges
  • A relaxed chat on the evolution and growth of the industry with 50-year cruise vet Rick Sasso
  • Several targeted, regional sessions spotlighting Asia/Australasia, Caribbean, and European cruising

In all, we’ll have 30+ immersive sessions to show you the trends shaping the future of cruising.

LEARN MORE >>