<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:ns2="http://www.sec.gov/edgar/common">
    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0002029965</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0001745201</issuerCik>
            <issuerName>VIKING HOLDINGS, LTD.</issuerName>
            <secFileNumber>001-42039</secFileNumber>
            <issuerAddress>
                <ns2:street1>5700 Canoga Avenue, Suite 200</ns2:street1>
                <ns2:city>Woodland Hills</ns2:city>
                <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                <ns2:zipCode>91367</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>(818) 227-1234</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>LINH BANH</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Officer</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Ordinary</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>30371</noOfUnitsSold>
            <aggregateMarketValue>1418529.19</aggregateMarketValue>
            <noOfUnitsOutstanding>303832404</noOfUnitsOutstanding>
            <approxSaleDate>12/02/2024</approxSaleDate>
            <securitiesExchangeName>NYSE</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Ordinary</securitiesClassTitle>
            <acquiredDate>12/01/2024</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>30371</amountOfSecuritiesAcquired>
            <paymentDate>12/01/2024</paymentDate>
            <natureOfPayment>Not Applicable</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>Linh Banh</name>
                <address>
                    <ns2:street1>5700 Canoga Avenue, Suite 200</ns2:street1>
                    <ns2:city>Woodland Hills</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>91367</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Viking Holdings</securitiesClassTitle>
            <saleDate>10/29/2024</saleDate>
            <amountOfSecuritiesSold>93588</amountOfSecuritiesSold>
            <grossProceeds>3654325.00</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>Linh Banh</name>
                <address>
                    <ns2:street1>5700 Canoga Avenue, Suite 200</ns2:street1>
                    <ns2:city>Woodland Hills</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>91367</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Viking Holdings</securitiesClassTitle>
            <saleDate>10/28/2024</saleDate>
            <amountOfSecuritiesSold>140924</amountOfSecuritiesSold>
            <grossProceeds>5409366.00</grossProceeds>
        </securitiesSoldInPast3Months>
        <remarks>These ordinary shares were automatically sold on a non-discretionary basis solely to satisfy certain tax withholding obligations in connection with the issuance of ordinary shares upon the vesting and settlement of certain restricted share units.</remarks>
        <noticeSignature>
            <noticeDate>12/02/2024</noticeDate>
            <planAdoptionDates/>
            <signature>/s/ Linh Banh</signature>
        </noticeSignature>
    </formData>
</edgarSubmission>
[{"type": "144", "sequence": "1", "filename": "primary_doc.xml", "secsgml_size_bytes": 4958}]
144
0002029965
XXXXXXXX
LIVE
0001745201
VIKING HOLDINGS, LTD.
001-42039
5700 Canoga Avenue, Suite 200
Woodland Hills
CA
91367
(818) 227-1234
LINH BANH
Officer
Ordinary
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
8th Floor
New York
NY
10004
30371
1418529.19
303832404
12/02/2024
NYSE
Ordinary
12/01/2024
Restricted stock vesting under a registered plan
Issuer
N
30371
12/01/2024
Not Applicable
N
Linh Banh
5700 Canoga Avenue, Suite 200
Woodland Hills
CA
91367
Viking Holdings
10/29/2024
93588
3654325.00
Linh Banh
5700 Canoga Avenue, Suite 200
Woodland Hills
CA
91367
Viking Holdings
10/28/2024
140924
5409366.00
These ordinary shares were automatically sold on a non-discretionary basis solely to satisfy certain tax withholding obligations in connection with the issuance of ordinary shares upon the vesting and settlement of certain restricted share units.
12/02/2024
/s/ Linh Banh