Saga cruise line occupancy up to 83pc

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Mike Hazell, chief executive officer of Saga Group
Mike Hazell, chief executive officer of Saga Group

A trading update released by Saga cruise line shows the group is on track to meet full year expectations, with strong booked load factors, occupancy of 83pc and revenue growth, repayment of senior unsecured bond.

CEO Mike Hazell said: “Saga has made a good start to the new financial year. Our Ocean Cruise business has traded exceptionally well and, in Insurance, we have continued to take actions within a market which remains challenging. Looking ahead, we are focused on driving sustainable business growth in a capital-light way, while growing our customer base and deepening our connections with those customers.”

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