It's official: Royal Caribbean's Majesty of the Seas is going to Pullmantur

President and ceo Jorge Vilches had earlier indicated Pullmantur would be getting another ship in 2016. On Friday he said Majesty of the Seas' transfer would play an important role in Pullmantur's Latin American growth strategy and 'helps us become one of the most widely recognized brands in that market.'

The additional capacity, he added, will help the company meet the rising demand for Pullmantur's Latin-style cruises.

'Majesty of the Seas has created wonderful memories for millions of guests, and we expect this record of success to continue as she transitions to Pullmantur,' Royal Caribbean chairman and ceo Richard Fain said. He called the vessel's transfer 'an excellent business opportunity for both Royal Caribbean and Pullmantur,' adding: 'We are fortunate that our mix of brands allows us the flexibility and opportunity to expand in key strategic markets.'

The 74,077gt Majesty of the Seas has lower berth capacity for 2,350 passengers.

Most recently the ship has sailed year-round three- and four-night cruises from Miami, often visiting Royal Caribbean's CocoCay private island.

Following the transition, all three Sovereign class ships—Sovereign, Monarch, and Majesty—will be operated by Pullmantur.

Currently, Pullmantur's fleet of five has a daily capacity for more than 11,000 passengers. Since 2013, the company has promoted a strategic growth plan in the Latin American cruise market, where more than half of its business is located.