Genting bets on China luxury cruise market

The Genting Group is making strides in China’s luxury cruise business, but it’s a market that hasn’t proven itself yet, says Genting’s chairman.

“My bankers are all very nervous at the moment,” said Genting chairman Lim Kok Thay in an interview, the Straits Times reports.

The Genting Dream, which was officially handed over to Genting Hong Kong earlier this month, is said to make its maiden voyage on November 13 from its home port of Guangzhou.

“It’s practically a virgin market. Our competitors are seeing a five-million (passenger) market just out of China,” he said.

Genting Dream will accommodate a lower berth of 3,400 guests, with 2,000 crew members.

It’s sister ship, World Dream, is due next year.