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Carnival Cruise Line sold six ships for scrap to cut costs. Carnival's Fantasy, Imagination, and Inspiration ships are being demolished at the Aliaga ship-breaking yard in Turkey. Workers cut apart and recycle the massive ships here. It's one of the most dangerous jobs. As more cruise ships arrive on Aliaga's shores, it's only gotten harder.
The Wonder of the Seas is the Royal Caribbean.
Major cruise companies have reported an increase in passenger spending.
Specialty dining, spas, and onboard retail have all been purchased by cruise goers.
Increased spending on internet access at sea has been noticed by both Royal Caribbean Group and Carnival Group.
Royal Caribbean Group, Carnival Group, and MSC Cruises have reported increased passenger spending on their ships during the restart of sailing in 2021.
"Satisfaction level among those who are cruising today is the highest in our company's history and their onboard spending is unparalleled," Richard Fain, Royal Caribbean Group's CEO, said during the company's 2021 third-quarter earnings call in late October. The group has brands like Celebrity and Silversea.
During its second-quarter earnings call in August, Royal Caribbean stated that its passengers have been splurging on internet access at sea, shore excursions, casinos, spas, and dining. Carnival has seen its passengers treat themselves at its bars, casinos, shops, spa, and on internet access, especially as people continue to work remote.
Arnold Donald, the company's president and CEO, said during Carnival's third-quarter earnings report in September that passenger splurging on Carnival Group's ships has been "off the charts." Carnival, Princess, and Holland America are some of the brands managed by the group.
Carnival attributed its 4% increase in revenue per passenger cruise day to " exceptionally strong onboard and other revenue", specifically spending on bundled packages.
Passengers can pay for internet and drink packages before the cruise starts. David Bernstein, Carnival's CFO, said on the company's third-quarter earnings call that travelers get a "fresh wallet" when they finally sail.
The rise in passenger spending across the international market of the more European-focused MSC Cruises was due to the fact that the line was only offering activities aboard the ship instead of at shore, a spokesman told Insider. Specialty dining, bars, and retail offerings were the main areas of spending.
During the peak of the Pandemic, people were more likely to treat themselves and spend more.
Business Insider has an original article.
There have been calls for a temporary ban on cruising from Senator Richard Blumenthal after an increase in Omicron cases. The company's cruise ships have ferried 1.1 million passengers since June, with 1,745 of them testing positive for COVID-19 and 41 being hospitalized. Calvin Johnson, Royal Caribbean's chief medical officer, said that the case count has spiked, but the severity is not as bad.
According to data from FlightAware, airlines have cut around 20,000 flights since Christmas Eve.
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The shares of cruise operators fell into negative territory in midday trading Thursday after the U.S. Centers for Disease Control and Prevention said it now recommends avoiding cruise travel regardless of vaccination status. The CDC said it has raised its travel health notice to "Level 4 very high" from "Level 3 high" because of increased cases on cruise ships.
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Outside of the theme parks' walls, the Walt Disney Co. had an active year in Central Florida. After the Covid-19 epidemic caused Disney World to shut down for several months in 2020, the attraction is back to normal. The 50th anniversary of the Walt Disney World Resort was celebrated on October 1st.
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The CDC is investigating dozens of cruise ships.
The Centers for Disease Control and Prevention is looking into more cruise ships due to the new cases of COVID-19, which are driving high infections in the industry hub of Florida.
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The CDC on Thursday said all travelers should avoid cruises, no matter their vaccine status, as they grapple with the worst COVID outbreak since they resumed trips in the summer. Get market news that's worth your time. If cruise lines are forced to hit pause or are limited to certain destinations, they could be plunged back into crisis mode.
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