Brenock Technology and Shoretime Announce Integration and Deal with Norwegian Cruise Line Holdings to Enhance Excursion Management
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Insights
The announced partnership between Brenock Technology, LLC and Shoretime LLC, culminating in a contract with Norwegian Cruise Line Holdings (NCLH), represents a strategic move within the cruise industry. The adoption of Shoretime's cloud-based excursion management platform by NCLH is poised to modernize the management of shore excursions, a key aspect of the cruise experience. This integration could potentially lead to increased operational efficiency, cost savings and an improved customer experience. By streamlining the tour planning process and enhancing real-time communication, NCLH may gain a competitive advantage in terms of agility and responsiveness to market demands.
From a market perspective, this collaboration could signal a shift towards increased digitization and automation in the cruise sector, potentially influencing the expectations and offerings of other market players. As cruise lines seek to differentiate their services and optimize revenue streams, the role of technology becomes increasingly critical. The market may observe a trend where companies that leverage such innovative solutions could experience growth in market share and customer loyalty.
The financial implications of NCLH's phased deployment of the Shoretime platform are multifaceted. In the short term, the investment in this technology may increase operational costs due to implementation and training. However, the long-term financial benefits could include reduced labor costs from automating manual processes and enhanced revenue efficiency through improved excursion management. The platform's ability to provide a marketplace for vetted tours can also lead to more competitive pricing and better margins on excursions offered to guests.
Investors should monitor the impact of this partnership on NCLH's financial performance, particularly in terms of return on investment and cost savings. Additionally, the integration of Shoretime could influence the company's stock performance as the market evaluates the potential for increased efficiency and enhanced customer experiences to drive future growth.
The technological innovation represented by Shoretime is significant, as it introduces a first-of-its-kind cloud-based interface for excursion management in the cruise industry. This platform's ability to automate tour planning and inventory management can be a game-changer, replacing outdated manual processes that are prone to errors and delays. The increased visibility and real-time updates provided by the platform can lead to more informed decision-making and efficient operations.
Furthermore, the integration of Brenock's port cost management tool with Shoretime illustrates a trend towards comprehensive, end-to-end solutions in the industry. This integration is likely to enhance data-driven insights and facilitate better resource allocation, which could set a new industry standard for how cruise lines manage their excursions and port operations. Stakeholders should note the potential for such technological advancements to disrupt traditional business models and drive innovation across the sector.
New collaboration will revolutionize cruise excursion management through seamless tour planning and enhanced visibility
Shoretime, a first-of-its-kind cloud-based excursion management interface, will automate and streamline core aspects of NCLH’s tour planning, including creating tours and sourcing bids from tour operators. The platform provides real-time updates that facilitate NCLH’s selection of tour operators, enabling automated inventory management and scheduling of selected excursions for its guests. It also increases visibility and streamlines communication between cruise lines and tour operators across all stages of tour planning, execution and reporting. Introducing this level of automation into inventory management replaces the outdated manual processes that have long been prone to errors and delays.
"We are proud to launch Shoretime, a ground-breaking excursion management tool that reflects our dedication to leading through innovation and superior quality. This platform transforms the tour management process, optimizing interactions with tour operators, content management, and revenue efficiency, all through state-of-the-art technology with a user-first approach. Shoretime is designed to not only fulfill the current demands of our guests but also to anticipate future challenges, setting a new standard in our industry,” commented Jean-Pierre Joubert, VP of Commercial Destination Services NCLH.
Through the deployment of Shoretime, NCLH will add to Shoretime’s marketplace, where both tour operators and cruise lines access a trusted and vetted list of tour options. This marketplace reduces the complexities for cruise lines and tour operators and creates a unified process for shore excursions within the cruise industry.
“Our contract with NCLH marks a pivotal moment for Shoretime as we endeavor to revolutionize the marketplace for cruise tour excursions,” said Pierre Kleinhans, CEO of Tactivion and founder of Shoretime. “By facilitating streamlined operations and enhanced data-driven insights for cruise lines and tour operators, we are not only simplifying the excursion management but also creating opportunities for tailored, exceptional guest experiences and more robust business prospects for our partners.”
NCLH will go live with Shoretime in April 2024 and Brenock’s port cost management tool, Integrated Management System, in Q2 2024.
“We are really thrilled to embark on this partnership with Shoretime,” said Manus Walsh, president at Brenock. “It has long been a goal of Brenock’s to offer an end-to-end cloud-based port cost management solution, and we have finally reached that goal with the integration of Shoretime. Brenock’s core products will be tightly integrated with Shoretime, offering a seamless experience for our customers.”
About Brenock Technology
Brenock is a software development company founded in 1995 in
About Shoretime
Shoretime was built in partnership with trusted veteran cruise line executives for all the requirements of the shore excursion industry. Shoretime streamlines all interdependent operations and service experiences, through the automation of tasks and communications in a singular platform. The system is designed to produce higher shore excursion revenue, with a lighter workload. It can be used by cruise line product and planning teams as well as onboard journeys. Shoretime was developed by Tactivion, a leading provider of comprehensive tour excursion management software. Tactivion also developed and maintains Activitar, an online booking and management system for operators of tours, activities and attractions. Learn more about Shoretime at www.shoretime.net.
About Norwegian Cruise Line Holdings Ltd.
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is the leading global cruise company that operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. With a combined fleet of 32 ships and more than 66,000 berths, NCLH offers itineraries to approximately 700 destinations worldwide. NCLH has five additional ships scheduled for delivery across its three brands, adding nearly 15,500 berths. To learn more, visit www.nclhltd.com.
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Media Contact
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Email: AnnMarie@communiquepr.com
Source: Brenock Technology, LLC
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