Forget the headphones, the fuzzy slippers and the espresso machine that cranks out a cold brew. Globally, three out of four Gen Zs and millennials said that rather than a physical gift, they want a fun experience or trip this holiday season, according to an Amex Trendex survey. Gift givers are listening too. Half of … Read more
Royal Caribbean’s “Icon of the Seas,” billed as the world’s largest cruise ship, sails from the Port of Miami in Miami, Florida, on its maiden cruise, on Jan. 27, 2024. Marco Bello | Afp | Getty Images The demand for cruises is still going strong — and it doesn’t appear to be letting up anytime … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime James Hardiman, Citi leisure analyst, joins ‘Closing Bell Overtime’ to talk the cruise industry as the sector climbs higher. 05:08 2 hours ago Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all … Read more
With consumers getting more selective on how and where they vacation, cruise lines are fighting for Americans’ tourist budgets. Royal Caribbean thinks shortening trips and packing the days with activities and exclusive opportunities will keep customers hooked. “I think we are an experience-driven mindset,” Royal Caribbean CEO Jason Liberty told CNBC’s “Squawk on the Street” … Read more
Cruise operators have been enjoying strong demand since climbing out of the Covid pandemic, which may have some investors wondering if the good times will last. UBS believes they will. For one, the gap between cruise prices and land-based hotel prices is still “meaningfully wider” than it was in 2019, UBS analyst Robin Farley wrote … Read more
Americans might be watching their spending amid persistent inflation, but it’s not deterring many of them from traveling this summer — especially those with higher incomes. Morgan Stanley and AlphaWise polled about 2,000 U.S. consumers in May and found that 60% of consumers are preparing to take a summer trip. Among consumers who earn between … Read more
Aerial view of the Viking Jupiter cruise ship anchored in the port of Montevideo, on January 5, 2022. Ivan Pisarenko | AFP | Getty Images Viking is not your typical cruise operator. Aboard its smaller, upscale vessels, you won’t find any kids. In fact, the cruise line doesn’t hide the fact that it is going … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jason Liberty, Royal Caribbean CEO, joins ‘Money Movers’ to discuss what’s driving the company’s demand, what’s allowing the company to raise prices, and the return on investment for private islands. Read original article here Denial of responsibility! Pioneer Newz is an automatic … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Royal Caribbean’s stock price reached an all-time high in April of 2024 as the company spearheads the cruise industry’s epic return. The three industry titans – Carnival, Royal Caribbean and Norwegian – kicked off 2024 with booking at an all time high. … Read more
Americans are cruising again — and at record-breaking levels. Carnival, Norwegian and Royal Caribbean all reported entering the year with record highs for individual bookings and cruise pricing. It’s an impressive turnaround after the industry was largely halted for 15 months after the Centers for Disease Control and Prevention issued a no-sail order in March … Read more
