Operational Highlights for May 2025
Havila Kystruten AS has recorded an impressive operational update for May 2025, showcasing strong growth and increased performance compared to the previous years. There was a notable improvement in occupancy rates, hitting 77%, which marks a significant rise of 22 percentage points compared to May 2024. This growth can largely be attributed to enhanced travel demand and effective operational strategies implemented by the company.
The data reflects that the number of Cabin Nights surged by an astounding 50% year-on-year, indicating a robust recovery and a positive trend in customer engagement. Additionally, the company reported that its Average Cabin Revenue (ACR) experienced an increase of over 10% compared to May of last year, showcasing successful pricing strategies and revenue management.
Total ticket revenue showed a remarkable growth of more than 67% year-over-year, reflecting heightened customer interest and the return of travelers as confidence in travel increases. It is noteworthy that the results from May 2024 were affected by cancellations and rebookings due to technical issues with the Havila Pollux, which limited operations at that time.
Booking Position for 2025
Looking ahead, Havila Kystruten is boasting a robust booking position for 2025, with 63% of available capacity already booked. This figure translates to about 84% of the targeted cabin nights for the full year, creating a strong foundation for anticipated revenue. Furthermore, for the second quarter of 2025, occupancy stands at 74% with roughly 0.5 months remaining, compared to a final occupancy of 69% reached during the same quarter last year.
Interestingly, the company has seen a more balanced booking distribution across both northern and southern routes. This balance allows for effective sales strategies closer to departure dates and is expected to enhance overall performance. Additionally, the Q4 promotional campaigns are scheduled to begin approximately three months later than last year, contributing to an optimistic outlook for continued growth in occupancy rates throughout the year.
Booking Position for 2026
Looking further into the future, Havila Kystruten is already seeing positive signs for 2026, with 22% of the total capacity booked. Early data shows that the Average Cabin Revenue for this period is close to 15% higher than for the same timeframe in 2025, supporting prospects for ongoing revenue growth and improvement in EBITDA margins as well.
With forward bookings reflecting strong consumer demand, the company remains well-positioned for sustained growth and operational success as it continues to navigate the evolving travel landscape. The optimistic projections for both 2025 and 2026 demonstrate Havila Kystruten’s commitment to providing superior travel experiences while enhancing profitability and customer satisfaction.
*The key performance indicators (KPIs) are drawn from the company's unaudited booking system, which means that minor discrepancies may occur when compared to the official financial statements. Revenue displayed in currency for Average Cabin Revenue is based on current booking system currency rates.
Contact Information
If you require further information or have inquiries, please reach out to our leadership team:
Chief Executive Officer: Bent Martini, Contact Number: +47 905 99 650
Chief Financial Officer: Aleksander Røynesdal, Contact Number: +47 413 18 114
Frequently Asked Questions
What were the occupancy rates for Havila Kystruten in May 2025?
The occupancy rate reached 77% in May 2025, which was a 22 percentage point increase from May 2024.
How did the cabin nights change year-over-year?
The number of cabin nights rose by 50% compared to the previous year, indicating strong growth in bookings.
What is the projected booking position for 2025?
Currently, 63% of Havila Kystruten's 2025 capacity has been booked, equating to approximately 84% of the targeted cabin nights.
What is the Average Cabin Revenue trend?
The Average Cabin Revenue saw an increase of over 10% from May 2024 to May 2025, showcasing improved revenue management.
What does the future look like for 2026 bookings?
As of now, 22% of the capacity for 2026 is booked, with ACR expected to be 15% higher than for the same period last year.
