SILVERSEA REVEALS MORE ON ITS HIGHLY ANTICIPATED SOUTHERNMOST HOTEL IN PUERTO WILLIAMS, CHILE, CREATING A NEW GATEWAY TO ANTARCTICA

Rhea-AI Summary

Silversea, a luxury expedition travel brand, has announced details of its new hotel The Cormorant at 55 South in Puerto Williams, Chile, set to open during the 2025/2026 Antarctica season. The 150-room property will be the southernmost hotel on Earth, designed to enhance the Antarctica expedition experience.

The hotel features rooms with forest and Beagle Channel views, incorporating local artisanal elements and panoramic windows. The design emphasizes natural light and connection to Patagonia's landscape through warm wood tones and earthy elements.

The Cormorant will complement Silversea's six-day Antarctica Fly Cruise expeditions, which allow guests to bypass the Drake Passage by air. As a pioneer in luxury expedition cruising since 2008, Silversea offers enriching Antarctic adventures with up to 28 expedition experts, kayak instructors, and high Zodiac-to-guest ratios.

Positive

• Strategic expansion into land-based luxury accommodations complementing cruise operations
• Creation of unique competitive advantage as southernmost hotel on Earth
• Integration with existing Antarctica expedition program enhancing operational efficiency
• Potential for increased revenue through pre and post-cruise stays

Negative

• Significant capital investment required for hotel development
• Operational risks in remote location
• Seasonal nature of Antarctica tourism limiting year-round occupancy

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Named The Cormorant at 55 South, Silversea reveals first spaces of the hotel, set to open during the 2025/2026 Antarctica season

Take a behind-the-scenes look at the creation of the hotel here and learn more on Silversea's Antarctica offering here. 

MIAMI, April 15, 2025 /PRNewswire/ -- Silversea, the leading experiential luxury and expedition travel brand, has unveiled the first spaces and name of The Cormorant at 55 South, its new 150-room hotel in Puerto Williams, Chile, scheduled to open during the 2025/2026 Antarctica season. Upon completion, Silversea's new hotel will create the most convenient, comfortable and seamless way to visit Antarctica.

"The Cormorant at 55 South is a tribute to the rich culture, breathtaking natural beauty, and storied history of Puerto Williams, immersing guests in their destination before embarking on their journey to Antarctica," said Bert Hernandez, president, Silversea. "Every aspect of The Cormorant is thoughtfully designed with our guests in mind, ensuring a comfortable and uniquely Silversea experience. Each room offers panoramic views of Patagonia, and the hotel creates a deep connection to the local community, providing specially designed experiences that will allow our guests to begin their expeditions sooner than ever, all in uncompromised comfort."

THE CORMORANT AT 55 SOUTH

The Cormorant is a nod to the unique location of the property at 55° S – making it the southernmost hotel on Earth – and an acknowledgement of the location's history. Paying homage to Lakutaia, which is the indigenous Yahgan word for cormorant, the aquatic bird is a symbol of the seafarer and intended to bestow good fortune on guests embarking on their greatest adventure.

ROOMS DESIGNED TO IMMERSE GUESTS IN THE DESTINATION

The Cormorant will feature two distinct room views, including serene forest views and tranquil water vistas overlooking the Beagle Channel. This design brings guests closer to the breathtaking natural beauty of Patagonia, immersing them in the landscapes that define this region.

Each room is thoughtfully designed with expansive windows that frame sweeping views, filling the space with natural light and creating a seamless connection between indoor and outdoor spaces. The interiors feature warm wood tones and earthy elements, deepening the connection to the destination while creating an authentic and calming environment. To further this connection, every room will incorporate handcrafted items created by regional artisans, adding a unique touch that celebrates local and regional culture.

Welcoming guests from the moment they arrive will be The Cormorant's own dedicated staff – all trained in The Silversea Way to provide the high level of service that is synonymous with Silversea.

ENHANCING THE EXPERIENCE THROUGH DESTINATION LEADERSHIP

The hotel will facilitate a uniquely frictionless journey to Antarctica, allowing guests to enjoy Silversea's personalized service and warm hospitality throughout their entire experience. Silversea's innovative six-day Antarctica Fly Cruise expeditions allow guests to fly over the Drake Passage, providing a shorter option without compromising on the time spent in the destination.

Having pioneered luxury expedition cruising in 2008, Silversea became the first travel brand to offer luxury Antarctica expeditions. With its experience in the region, Silversea now offers the most enriching and personalized adventures on the continent, with an industry-leading expedition team that comprises up to 28 experts in their field, knowledgeable kayak instructors, world-class onboard lectures and some of the highest Zodiac-to-guest ratios in the industry, among other enriching features.

Silversea's expedition experts host guided walks ashore, identifying wildlife species, unique glacial and geological structures, and other fascinating features only found on an Antarctic expedition. Back on board, the team's insightful lectures provide an overview of the day's sightings and experiences.

FOLLOW ALONG WITH STORIES BY SILVERSEA

Silversea also announces the launch of Stories by Silversea, its new content series featuring authentic storytelling and resources. Today, Silversea is releasing the first two episodes, "Embrace the Unknown" and "A Legacy in the Making: Part 1."

Designed to speak to the topics that matter most to its guests, Stories by Silversea will publish new content focusing on different topics, stories and moments unique to Silversea, establishing an important educational tool to learn more.

Included in the series will be a multi-part highlight on the development of The Cormorant at 55 South, including new resources and information, regular updates and a behind-the-scenes look at creating the southernmost hotel in the world.

For more information, please visit https://www.silversea.com/lp-fly-to-antarctica.html.

Cautionary Statement Concerning Forward-Looking Statements 

Certain statements in this press release relating to, among other things, expectations on timing, design, and demand for the development of the new hotel in Puerto Williams, Chile, constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "will," and similar expressions are intended to help identify forward-looking statements. Forward-looking statements reflect management's current expectations, are based on judgments, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. Examples of these risks, uncertainties and other factors include, but are not limited to, those included under the caption "Risk Factors" in our most recent annual report on Form 10-K, as well as our other filings with the SEC, copies of which may be obtained by visiting our Investor Relations website at www.rclinvestor.com or the SEC's website at www.sec.gov. Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to us on the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About Silversea
Silversea is the leading experiential luxury and expedition travel brand, offering guests immersive experiences on all seven continents, personalized service, and an innovative culinary offering aboard its 12 intimate ocean and expedition ships. Silversea's itineraries encompass an unparalleled range of destinations worldwide, from the Mediterranean and the Caribbean to the Galápagos, both Polar Regions, and hundreds of fascinating places in between. Set to strengthen its destination leadership in late 2025, the brand is developing the southernmost hotel on Earth in Puerto Williams, Chile – offering guests a uniquely seamless journey to Antarctica. Silversea brings its likeminded guests closer to their destination in uncompromised comfort, championing the joy of travel, an enriching spirit of discovery, and an enduring commitment To Finding More℠.

Silversea is one of five cruise brands owned by global cruise company Royal Caribbean Group (NYSE: RCL). For more information, visit www.silversea.com.

About Royal Caribbean Group
Royal Caribbean Group (NYSE: RCL) is a vacation industry leader with a global fleet of 67 ships across its five brands traveling to all seven continents. With a mission to deliver the best vacations responsibly, Royal Caribbean Group serves millions of guests each year through its portfolio of best-in-class brands, including Royal Caribbean, Celebrity Cruises, and Silversea; and an expanding portfolio of land-based vacation experiences through Perfect Day at CocoCay and Royal Beach Club collection. The company also owns 50% of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. With a rich history of innovating, Royal Caribbean Group continually delivers exciting new products and guest experiences that help shape the future of leisure travel. Learn more at royalcaribbeangroup.com or rclinvestor.com.

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SOURCE Silversea Cruises

FAQ

When will The Cormorant at 55 South hotel in Puerto Williams open for RCL's Silversea brand?

The hotel is scheduled to open during the 2025/2026 Antarctica season.

How many rooms will The Cormorant at 55 South hotel have?

The hotel will feature 150 rooms with either forest views or water vistas overlooking the Beagle Channel.

What makes The Cormorant at 55 South unique among RCL's properties?

It will be the southernmost hotel on Earth, located at 55° S in Puerto Williams, Chile.

How does The Cormorant at 55 South enhance Silversea's Antarctica expeditions?

It facilitates a frictionless journey to Antarctica by connecting with Silversea's six-day Fly Cruise expeditions, allowing guests to fly over the Drake Passage.