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Viking Cruises Salaries - How Much Does Viking Cruises Pay? Browse Viking Cruises Salaries by Job Title

Updated June 2, 2024

What is the average salary for Viking Cruises employees in the United States?

Viking Cruises employees earn $39,500 annually on average , or $19 per hour, which is 50% lower than the national salary average of $66,000 per year. According to our data, the highest paying job at Viking Cruises is 77,000 Financial Analyst at $a annually while the lowest paying job at Viking Cruises is a Desktop Support Technician at $41,000 annually.

Find Viking Cruises Salaries by Job Title

6 Viking Cruises employees have shared their salaries on CareerBliss. Select your job title and find out how much you could make at Viking Cruises.

$77K Financial Analyst Average Salary at Viking Cruises in the United States (1 salaries)

$119k anonymous employee average salary at viking cruises in the united states (4 salaries), $41k desktop support technician average salary at viking cruises in the united states (1 salaries), what is the highest paying job at viking cruises in the united states.

is the highest paying job at Viking Cruises at $0 annually.

What is the lowest paying job at Viking Cruises in the United States?

is the lowest paying job at Viking Cruises at $0 annually.

How much does a Viking Cruises employee make on an average/hour in the United States?

Viking Cruises employees earn $39,500 annually on average, or $19 per hour.

Viking Cruises Salaries by Location

• Woodland Hills, CA 4 salaries
• Los Angeles, CA 1 salaries
• See more Viking Cruises salaries by Location

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Viking River salaries

Viking river salary estimate, $50,391 yearly, how much does viking river pay, highest paying jobs at viking river.

The highest paying jobs at Viking River are executive director, information technology, director of ecommerce, data engineer, and marketing director. Executive director, information technology jobs at Viking River earn an average yearly salary of $167,128, Viking River director of ecommerce jobs average $145,349, and Viking River data engineer jobs average $109,841.

The lowest paying Viking River roles include waitress and cashier. Viking River waitress average salary is $26,778 per year. So while the average Viking River salary is $50,391 there is a big variation in pay depending on the role.

Rate Viking River's fairness in compensating employees.

How much does Viking River pay by location?

Highest paying viking river locations, viking river salaries by department.

Salaries at Viking River vary depending on the department you work in. Viking River salaries in the business development department are the highest with an average salary of $104,171. Employees in the engineering department at Viking River receive relatively high salaries as well, with an average salary of $98,810 per year. Departments that don't pay as well at Viking River include the customer service and the administrative organizational functions, with employees earning average salaries of $35,402 and $37,746, respectively.

Average Viking River salary by department

How much does viking river pay by department, best paying viking river customer service salaries, best paying viking river sales salaries, best paying viking river marketing salaries, viking river competitors’ average salaries.

Average salaries at Viking River competitors, like Rail Europe, Grand Circle Travel, and Liberty Travel, vary. Rail Europe employees earn the highest salaries, with an average yearly salary of $64,590. The average salary at Grand Circle Travel is $62,003 per year, and the average salary at Liberty Travel is $58,176 per year.

Highest paying Viking River competitors

Frequently asked questions about viking river salaries, is the pay good at viking river, what is the starting pay at viking river, how much does viking river pay an hour, what benefits does viking river cruises offer, search for jobs.

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• Viking River
• Viking River Salaries

Zippia gives an in-depth look into the details of Viking River, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Viking River. The employee data is based on information from people who have self-reported their past or current employments at Viking River. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Viking River. The data presented on this page does not represent the view of Viking River and its employees or that of Zippia.

Viking River may also be known as or be related to Loewenthal Hillshafer Carter, Viking Cruises, Viking River, Viking River Cruises Inc and Viking River Cruises, Inc.

Viking River Cruises Salary for Waiter BETA

What is the average salary for a Waiter at Viking River Cruises in the United States? Based on our data, it appears that the optimal compensation range for a Waiter at Viking River Cruises is between $23,998 and $30,260, with an average salary of $27,051. Salaries can vary widely depending on the region, the department and many other important factors such as the employee’s level of education, certifications and additional skills.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

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Viking River Cruises Overview

Founded in 1977 and headquartered in Woodland Hills, California, Viking River Cruises is a cruise line that travel through rivers, oceans, and provides expeditions.

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What skills does a person need at viking river cruises.

At Viking River Cruises, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

• Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
• Commitment: An agreement or pledge to do something in the future a commitment to improve conditions at the prison especially : an engagement to assume a financial obligation at a future date.
• Guest Service: Guest services is a division of the hospitality industry. The goal of guest services is to provide customers with an enjoyable experience, primarily in the hotel and spa industry, sports facilities, and event venues.
• food service: The foodservice or catering industry includes the businesses, institutions, and companies which prepare meals outside the home.
• Teamwork: Teamwork is a skill consist of interrelated abilities that let you work effectively in an organized group. Teamwork skills are vital to employers, as teams are a basic organizational unit within many companies.

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Viking Cruises Earnings: Bets on 55+ Demo, Cuts Debt, Vague on Forecasts

Sean O'Neill , Skift

May 29th, 2024 at 3:11 PM EDT

Viking, the only pure-play luxury cruise line, has reported its first quarterly earnings since it went public. The company is targeting a English-speakers over the age of 55, a demographic with most of the wealth and a broad eagerness to travel.

Sean O'Neill

Viking  on Wednesday provided its first earnings report since its IPO earlier this month. The company, which operates 92 luxury river and ocean cruises, gave a broadly upbeat report.

Here are some key takeaways from its presentation .

Betting on over-55s

• Viking’s core customers are affluent, English-speaking travelers over age 55.
• “In the U.S., this demographic has a large spending power and holds 70% of the wealth,” said Torstein Hagen, Chairman and CEO. “They’re also the fastest-growing segment of the population, expected to increase from 98 million people in 2020 to 110 million in 2030. To put things in perspective, we carried about 650,000 guests in 2023.”
• Executives said this demographic likes an all-inclusive product because they like to know their budgets upfront. That said, about 40% of passengers book an upsell, typically a package that includes a stay in a hotel before departure or at the end of a cruise. The company also offers optional excursions while in ports as upsells.

Strong 2024 and 2025 seasons

• For sailings this season, it has sold 91% of its possible passenger cruise days — a measure of the number of passengers carried multiplied by the number of ship operating days.
• For the 2025 season, it has sold 39% of its passenger cruise days. That amounts to $2.5 billion in advance bookings so far.
• “Our current bookings pace is proceeding pretty much as we planned,” Hagen said. “We have had no surprises.”

Growing capacity

• As the company adds ships, the volume of passengers it can serve obviously grows. Viking will boost its ocean cruise capacity by 17% for next year’s season, compared to the level in 2023, and its river cruise capacity by 12% next season, compared to last year.
• Viking said it had exercised options with the shipbuilder Fincantieri. It expects delivery of two wholly new 998-guest cruise ships in 2029.

Vague forecasts

• The company’s executives said that typical fluctuations in the mix of bookings over any given year make it impossible for them to provide a specific forecast for yields. Net yields last year averaged about $500 per passenger per day.
• A few analysts were disappointed in the lack of detailed guidance. “It seems to us that giving guidance would be easier for you than your peers given that your booking curve is farther out [Viking is better at generating bookings farther in advance] and you don’t really generate much onboard revenue [because] Viking’s ships are smaller,” said Robin Farley, managing director and leisure stock analyst at UBS.
• “Our goal is always to try to keep [price hike percentages from season to season] in the mid-to-high single digits,” said Linh Banh, executive vice president, finance.

Narrowing losses

• The operator of river and ocean cruises said it has been reducing its cash burn. Its adjusted EBITDA was negative $214 million in the year through March 31, representing half the loss of the prior comparable period.
• The company raised about $246 million in net proceeds from its IPO.
• Viking’s net leverage slipped from 3.8x as of year-end to 3.4x trailing yearly adjusted EBITDA as of March 31.
• “Our balance sheet is probably among the best in the industry,” Hagen said.

Viking IPO: Key Facts Behind the Luxury Cruise Operator’s Billion-Dollar Debut

Wednesday’s IPO will value Viking, an operator of luxury river and ocean cruises, at roughly $10 billion. Leaders in the luxury travel sector will be eyeing the move closely.

Cruise and Tours Sector Stock Index Performance Year-to-Date

What am I looking at?  The performance of cruise and tours sector stocks within the ST200 . The index includes companies publicly traded across global markets including both cruise lines and tour operators.

The Skift Travel 200 (ST200)  combines the financial performance of nearly 200 travel companies worth more than a trillion dollars into a single number. See more cruise and tours sector financial performance .

Read the full methodology behind the Skift Travel 200.

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Tags: cruise , cruise earnings , cruise industry , cruise lines , earnings , viking

Photo credit: An aerial view of a cruise ship run by Viking Cruises, near Geiranger, Norway, and next to Seven Sisters Waterfall tumbling 1,000 feet into the fjord's water. Source: Viking Holdings Viking

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Viking cruises earnings: bets on 55+ demo, cuts debt, vague on forecasts.

Viking  on Wednesday provided its first earnings report since its IPO earlier this month. The company, which operates 92 luxury river and ocean cruises, gave a broadly upbeat report.

Here are some key takeaways from its presentation .

Betting on over-55s

Viking’s core customers are affluent, English-speaking travelers over age 55.

“In the U.S., this demographic has a large spending power and holds 70% of the wealth,” said Torstein Hagen, Chairman and CEO. “They’re also the fastest-growing segment of the population, expected to increase from 98 million people in 2020 to 110 million in 2030. To put things in perspective, we carried about 650,000 guests in 2023.”

Executives said this demographic likes an all-inclusive product because they like to know their budgets upfront. That said, about 40% of passengers book an upsell, typically a package that includes a stay in a hotel before departure or at the end of a cruise. The company also offers optional excursions while in ports as upsells.

Strong 2024 and 2025 seasons

For sailings this season, it has sold 91% of its possible passenger cruise days — a measure of the number of passengers carried multiplied by the number of ship operating days.

For the 2025 season, it has sold 39% of its passenger cruise days. That amounts to $2.5 billion in advance bookings so far.

“Our current bookings pace is proceeding pretty much as we planned,” Hagen said. “We have had no surprises.”

Growing capacity

As the company adds ships, the volume of passengers it can serve obviously grows. Viking will boost its ocean cruise capacity by 17% for next year’s season, compared to the level in 2023, and its river cruise capacity by 12% next season, compared to last year.

Viking said it had exercised options with the shipbuilder Fincantieri. It expects delivery of two wholly new 998-guest cruise ships in 2029.

Vague forecasts

The company’s executives said that typical fluctuations in the mix of bookings over any given year make it impossible for them to provide a specific forecast for yields. Net yields last year averaged about $500 per passenger per day.

A few analysts were disappointed in the lack of detailed guidance. “It seems to us that giving guidance would be easier for you than your peers given that your booking curve is farther out [Viking is better at generating bookings farther in advance] and you don’t really generate much onboard revenue [because] Viking’s ships are smaller,” said Robin Farley, managing director and leisure stock analyst at UBS.

“Our goal is always to try to keep [price hike percentages from season to season] in the mid-to-high single digits,” said Linh Banh, executive vice president, finance.

Narrowing losses

The operator of river and ocean cruises said it has been reducing its cash burn. Its adjusted EBITDA was negative $214 million in the year through March 31, representing half the loss of the prior comparable period.

The company raised about $246 million in net proceeds from its IPO.

Viking’s net leverage slipped from 3.8x as of year-end to 3.4x trailing yearly adjusted EBITDA as of March 31.

“Our balance sheet is probably among the best in the industry,” Hagen said.

Viking IPO: Key Facts Behind the Luxury Cruise Operator’s Billion-Dollar Debut

Wednesday’s IPO will value Viking, an operator of luxury river and ocean cruises, at roughly $10 billion. Leaders in the luxury travel sector will be eyeing the move closely.

Cruise and Tours Sector Stock Index Performance Year-to-Date

What am I looking at?  The performance of cruise and tours sector stocks within the ST200 . The index includes companies publicly traded across global markets including both cruise lines and tour operators.

The Skift Travel 200 (ST200)  combines the financial performance of nearly 200 travel companies worth more than a trillion dollars into a single number. See more cruise and tours sector financial performance .

Read the full methodology behind the Skift Travel 200.

Get breaking travel news and exclusive hotel, airline, and tourism research and insights at Skift.com.

Viking Is Finally Getting Wall Street Coverage. Why Analysts Love the Cruise Stock.

V iking Holdings stock has had a stellar first month since it went public. Wall Street analysts have taken their time to assess the luxury cruise operator, but the consensus view now is that the shares can sail higher.

Viking is known for its high-end European river cruises, which have proven popular with wealthy older Americans. Investors have also been happy to go along for the ride: The stock is up 24% from the price of its May 1 initial public offering. The shares were up 1.5% shortly after the open on Tuesday, while the S&P 500 was flat.

Much like one of the company’s river cruises, the journey so far has been serene. Buy ratings from Wall Street analysts keep coming in.

Stifel analyst Steven Wieczysnki initiated coverage with a Buy rating and a target price of $37, implying a gain of 25% from Friday’s closing price. “Viking is the ultimate growth story within the luxury/travel/cruise segment as we estimate the company will grow Ebitda on average around 17% for the next three years,” Wieczysnki said in a note Tuesday, referring to earnings before interest, taxes, depreciation, and amortization.

He added that this growth, coupled with a “preeminent balance sheet,” means the stock warrants a higher valuation than the cruise companies Royal Caribbean, Carnival and Norwegian Cruise Line Holdings. He expects the luxury river cruise segment to grow significantly in the years ahead, citing an aging population that continues to accumulate wealth.

J.P. Morgan analyst Matthew Boss also launched coverage with a Buy rating Tuesday, though his target price is a bit lower, at $34. Boss said Viking was well positioned to increase its share of the growing vacation market over a period of years, for three main reasons.

First, the company has a target demographic of 55 years old and over, which Boss notes is the fastest-growing population segment and accounts for 70% of U.S. wealth.

The analyst also said Viking is very much focused on the places its cruises visit, unlike its peers, who sometimes market their ships as the destination. This means lower costs to build and maintain its ships, and consistent yields, he said.

Third, Viking has a “scalable business model with a strong foundation,” he said, noting that it has a 51% share of the river cruising market, and a 26% share in ocean luxury.

Viking has six Buy ratings and one Neutral call so far, according to FactSet data.

Melius Research analyst Conor Cunningham initiated coverage, also with a Buy rating, last week. He said that while the cruise sector is undervalued, partly because the larger operators are working through debt that piled up as they looked to survive the pandemic, Viking “is in a much different place” with minimal debt payments due in the coming years, he said.

The company’s intense focus on its travel offering and its customers makes it a “clean way to play the higher-end luxury travel market,” Cunningham wrote. He has a price target of $37.

The company is all about simplicity—it could be a similar story for the stock’s march higher.

Write to Callum Keown at [email protected]

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Viking gains after wave of bullish Wall Street coverage initiations

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Reporting by Granth Vanaik in Bengaluru; Editing by Shreya Biswas

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Granth reports on the North American Consumer and Retail sector, covering a broad range of companies from consumer packaged goods and restaurants to department stores and apparel retailers. Granth's work on the website usually appears on the Retail & Consumer page of Reuters Business section. He holds a post-graduate degree in international relations and area studies and has previously worked as a research analyst.

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