Costco sold a round-the-world cruise for $293,000

Costco sold a reservation for a round-the-world cruise for $293,000 through Costco Travel.

The revelation came Thursday when CFO Gary Millership provided some “fun facts” about Costco’s exclusive member travel service during… Warehouse retailers First quarter earnings call.

“Our biggest cruise booking last year was A 150-day round-the-world cruise “We start in Fort Lauderdale and stop in places like the Galapagos Islands and the Easter Islands,” he told analysts and investors.

The six-figure price booked the owner’s suite cabin on the ship for two people, according to Costco’s chief financial officer.

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“The total price was $293,000 for two people in an owner’s suite cabin, and added values ​​on the reservation included a $13,000 onboard credit and a $25,000 Costco store card,” he said.

The CFO did not specify which ones Cruise line I took the long vacation.

“We offer a wide range of vacation packages, car rentals, cruises, hotels, flights and other travel-related services,” Millership said on the earnings call. “In addition to very attractive prices, many of our offers include the Costco Store Card as an added value for booking with Costco.”

Consumers can use Costco store cards to pay for warehouse retailer memberships and various items sold by Costco.

Costco’s big win over “NETFLIX MOMENT.”

Millerchip also noted during the call that members who take advantage of Costco Travel “spend nearly twice as much as members who do not use these services.”

Costco Travel also made a surprising amount of money from car rentals last year.

“Last year, we sold enough rental cars to fill every Costco parking space in the U.S. 8.5 times,” the CFO reported.

Costco is selling a 175-piece LE CREUSET cookware set that has a hefty price tag

Costco’s footprint expanded into the United States More than 600 sites As of the end of the first quarter. There are also more than 270 locations in other countries.

tape	protection	last	It changes	% changes
It costs	Costco Wholesale Company	971.88	+10.33	+1.07%

The warehouse retailer generated revenue of $62.15 billion in the first quarter. Nearly $60.98 billion of that came from net sales, while membership fees amounted to about $1.17 billion.

According to Costco, about 138.8 million people have Costco membership cards.

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