Snackdaddy Posted February 22, 2013 #1 Share Posted February 22, 2013 Greetings, Just in case anyone is interested in this kind of information: http://www.cruiseindustrynews.com/cruise-news/8734-break-down-of-regents-2012-results.html Link to comment Share on other sites More sharing options...
Travelcat2 Posted February 22, 2013 #2 Share Posted February 22, 2013 Very interesting. Thanks for posting! Link to comment Share on other sites More sharing options...
Emdee Posted February 22, 2013 #3 Share Posted February 22, 2013 Interesting - thanks. Link to comment Share on other sites More sharing options...
HanaleiSailor Posted February 22, 2013 #4 Share Posted February 22, 2013 I am a small business person, so I have very little experience analyzing the financials of large corporations, but just thinking through these numbers, retaining 1% of 504 million as net income on 94% occupancy seems to me as if the company has a massive amount of risk, and creates a massive amount of work for all involved for very little profit! I suppose that I should compare this to other cruise lines, but just couldn't help myself commenting here--of course, I understand that there are many mitigating issues, just looking at this on the surface makes it seem like a very tough business~! Aloha Link to comment Share on other sites More sharing options...
dabear Posted February 22, 2013 #5 Share Posted February 22, 2013 I am a small business person, so I have very little experience analyzing the financials of large corporations, but just thinking through these numbers, retaining 1% of 504 million as net income on 94% occupancy seems to me as if the company has a massive amount of risk, and creates a massive amount of work for all involved for very little profit! I suppose that I should compare this to other cruise lines, but just couldn't help myself commenting here--of course, I understand that there are many mitigating issues, just looking at this on the surface makes it seem like a very tough business~! Aloha I noticed the same thing, however, if you also noticed that an additional 10 million in revenue increased profits by almost 4x. Obviously, Regent has substantial fixed costs for the ships, debt, marketing and payroll. Thus, to increase profits, they must increase revenue. Link to comment Share on other sites More sharing options...
the big roxy Posted February 24, 2013 #6 Share Posted February 24, 2013 Also as a small business owner I find this info very interesting, our business could not survive on these margins. Seeing this info confirms for me, that although it may appear to have cost more to cruise with Regent you truly do get what you pay for. Link to comment Share on other sites More sharing options...
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