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JANUARY 13, 2003 - (Pasadena, CA) 7 BLUES SEAS, the most
innovative and comprehensive place on the Internet (www.7blueseas.com)
to plan and book a cruise vacation is rolling out a revealing
proprietary index, called the ShipShopper Index to help consumers
compare cruises, it was announced by 7 BLUE SEAS Chief Executive
Officer and co-founder, Daniel Kwoh. The ShipShopper Index
is the industry's first truly objective ship rating system,
far surpassing the outmoded and subjective 'star-rating' system,
which labeled ships with a certain number of stars to represent
the level of amenities and quality of facilities that a particular
ship has to offer.
"The ShipShopper Index advances the 7 BLUE SEAS mission
of providing cruise vacationers with the most objective information
possible to allow them to make the best choice within their
budget," said Kwoh, whose career highlights include co-inventing
the VCR Plus+ system and earning the title 'Best Entrepreneur'
from Business Week Magazine. "This index represents,
on a relative scale, what cruise passengers have paid and
continue to pay, on a per diem basis, for cruising on a particular
ship".
The new index employed by 7 BLUE SEAS is determined by objectively
analyzing all current prices of a ship over an extended period
of time, factoring in the variables of seasonality and itinerary,
to compute a price-based index for that ship. The index is
based on the least expensive yet widely available cabin category
for that ship, which prevents cabins priced as loss leaders
from skewing the results.
The ShipShopper Index provides opportunities for consumers
to maximize their vacation dollar in at least two ways. First,
it allows them to more affectively research their cruise vacation
options by presenting a list of ships ranked by their relative
prices. With the ShipShopper Index, consumers may be surprised
to learn that cruise ships they once believed beyond their
budgets, are, in fact, affordable vacation options. Second,
the Shopper Index can signal a cruise of better value when
compared to similarly priced cruises with similar itineraries.
For example, someone trying to decide between two identical
7-day Western Caribbean cruises priced at $599 on different
ships would need only to look at the ShipShopper Index. If
one ship has a ShipShopper Index of 120 while the other has
an index of 100, then the first cruise with a 120 represents
a much better deal as vacationers have been consistently paying
20% more for that ship.
"The obvious benefit to the consumer is that the ShipShopper
Index allows them to immediately identify cruises that are
genuinely great deals," added Kwoh. "Cruises are
often pushed based on low price, leaving the consumer to sort
out which are really bargains from which are just low-priced
by design. Until now there has not been a truly objective
tool for the consumer to make that choice."
7 Blue Seas will immediately begin using the ShipShopper
Index and related technologies to determine which sailings
will make it to their popular 'Hot Weekly Deals' section.
The ShipShopper Index will also be provided on the website
for use with ships from all major cruise lines that can be
booked at www.7blueseas.com.
These numbers will be updated on a regular basis to reflect
changes in the market. In the coming months 7 BLUE SEAS will
be announcing some more innovative applications in conjunction
with the ShipShopper Index that will create even more transparency
in the cruise lines' pricing structures.
7 BLUE SEAS already separates itself from practically all
other cruise vacation sites with its enriching wealth of information
about destinations, cruise lines, and specific ships. Over
20,000 photos plus hours of cruise ship and port city virtual
video tours makes 7 BLUE SEAS more like an interactive travel
book and travel agent rolled into one. The site contains exclusive
articles on a wealth of subjects written by 7 BLUE SEAS' staff
of professional travel writers, making it the definitive source
for unbiased information.
7 BLUE SEAS is the most objective and comprehensive place
on the web for anyone interested in taking a cruise.
# # #
Press Contact: Jonathan Zaleski
Z-Comm Public Relations
310-545-7773
jonathan@zcpr.com
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