Stumblefoot Posted July 25, 2023 #1626 Share Posted July 25, 2023 4 hours ago, highplanesdrifters said: …it seems like there are a lot more newbies than in the past. I only read this forum and totally agree relative to SS over the past couple of years. And, from reports on board, the mix #’s of Venetians to New to SS passengers confirms your POV. Newbies are the lifeblood. 1 Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted July 25, 2023 Author #1627 Share Posted July 25, 2023 6 minutes ago, Stumblefoot said: I only read this forum and totally agree relative to SS over the past couple of years. And, from reports on board, the mix #’s of Venetians to New to SS passengers confirms your POV. Newbies are the lifeblood. Agree about "Newbies" being vital for lots of things. Us "Seasoned Citizens" are slowly running out of time and money. Right? But, not too quickly!! From the Wall Street Journal early afternoon, things are looking rather "ROCKY" for the cruise stocks during the first two days of this week. See below. THANKS! Enjoy! Terry in Ohio 1 Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted July 27, 2023 Author #1628 Share Posted July 27, 2023 From a company press release this morning, they reported their: “Second Quarter Earnings” with these highlights: “Royal Caribbean Group today reported second quarter Earnings per Share of $1.70 and Adjusted Earnings per Share of $1.82. These results were significantly better than the company's guidance due to stronger pricing on closer-in demand and further strength in onboard revenue. As a result of the accelerating demand environment for its vacation experiences, the company is increasing its 2023 Adjusted Earnings per Share guidance by 33% to $6.00 – $6.20.” Many, many details and specifics are outlined in this release. Then later this morning, they will hold a briefing for Wall Street stock analysts, answer various questions, etc. More later. Full story at: https://www.rclinvestor.com/press-releases/release/?id=1663 THANKS! Enjoy! Terry in Ohio Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted July 27, 2023 Author #1629 Share Posted July 27, 2023 From the Wall Street Journal near mid-day, below is their chart that shows the Royal Caribbean stock to be up, UP, UP in a huge way this morning. Am catching up now as I had a dental appointment this am. Will post later some added news reports from the 10 am Q/A session with stock analysts, etc. They must like what they are seeing for the RCL stock to be rising so super fast. The other two cruise stocks rose near 5% this morning. THANKS! Enjoy! Terry in Ohio Barcelona/Med: June 2011, with stops in Villefranche, ports near Pisa and Rome, Naples, Kotor, Venice and Dubrovnik. Great visuals with key highlights, tips, etc. Live/blog now at 256,700 views. https://boards.cruisecritic.com/topic/1362155-solstice-livefirst-timer-reportspix’s-italycroatian-june-7-19/ 1 Link to comment Share on other sites More sharing options...
Stumblefoot Posted July 27, 2023 #1630 Share Posted July 27, 2023 2 hours ago, TLCOhio said: …further strength in onboard revenue. Now we all understand the dining charge changes forthcoming on Nova & Ray. 2 Link to comment Share on other sites More sharing options...
CJANDH Posted July 27, 2023 #1631 Share Posted July 27, 2023 16 minutes ago, Stumblefoot said: Now we all understand the dining charge changes forthcoming on Nova & Ray. And the outrageous price increases on the Silversea's top suites. 1 Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted July 27, 2023 Author #1632 Share Posted July 27, 2023 3 minutes ago, Stumblefoot said: Now we all understand the dining charge changes forthcoming on Nova & Ray. YES, the cruise lines are not being shy right now for figuring out to raise on-board revenue and get loyal and new customers to pay more. But for how long will this "jack it up" treatment last? Fully into 2024? Or, continuing into 2025? When will the "bargains" and pre-Covid pricing/values return? From this Wall Street Journal-related Investor's Business Daily this morning, they had this headline: “RCL Stock Sails To 3-Year High On Q2 Earnings Rout, 33% Rise In Guidance” with these highlights: “Cruise lines rallied briskly Thursday after Royal Caribbean trounced estimates for Q2 earnings and sharply hoisted its full-year outlook. RCL stock soared to its highest mark since early 2020. Cruise lines have posted powerful gains through 2023 as consumers cut loose to spend on vacations delayed by pandemic lockdowns. Royal Caribbean reported adjusted earnings leapt to $1.82 per share compared to a loss of $2.08 per share last year. Revenue spiked 61% to $3.52 billion.” Here is one of the charts provided during this morning's presentation by RCL Executives: Full story at: https://www.investors.com/news/rcl-stock-sails-to-3-year-high-on-q2-earnings-rout-33-rise-in-guidance/?src=A00619&refcode=aflMarketWatch THANKS! Enjoy! Terry in Ohio Norway Coast/Fjords/Arctic Circle cruise from Copenhagen, July 2010, to the top of Europe. Scenic visuals with key tips. Live/blog at 248,033 views. https://boards.cruisecritic.com/topic/1172051-livesilver-cloud-norway-coastfjords-july-1-16-reports/ Link to comment Share on other sites More sharing options...
dawntrdr Posted July 27, 2023 #1633 Share Posted July 27, 2023 53 minutes ago, TLCOhio said: Cruise lines have posted powerful gains through 2023 as consumers cut loose to spend on vacations delayed by pandemic lockdowns. Well, I've done my part! You're welcome. 1 Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted July 27, 2023 Author #1634 Share Posted July 27, 2023 YES to dawntrdr and many other Silversea customers who have opened your wallets and spent money to fund Royal Caribbean and their various brands!!! Wall Street investors like what you are doing. Just completed listening to the full report by the Royal Caribbean CEO, CFO, etc., doing their second quarter review with the stock analysts. Plus, the important and varied questions and answer period. Will share more on those important details shortly. From the Reuters newswire late this morning, they had this headline: “Royal Caribbean cruises to three-year high on record revenue, strong outlook” with these highlights: “Cruise giant Royal Caribbean raised its full-year profit forecast on Thursday after posting a record for quarterly revenue, sending its shares to a three-year high on Thursday.Royal Caribbean and rivals have benefited from pent-up demand as travelers flock to cruises that are seen as a good value when compared to land-based vacations. That has allowed the companies to raise prices as well, boosting margins. CEO Jason Liberty said 'Percent of guests that were either new to brand or new to cruise surpassed 2019 levels by a wide margin.' ” Also noted: " 'Booking commentary was very bullish and appears to affirm continued acceleration in bookings and pricing even into recent months,' said Barclays analyst Brandt Montour." This is another chart shared during the corporate stock presentation: Full story at: https://www.reuters.com/business/royal-caribbean-raises-annual-profit-forecast-resilient-demand-2023-07-27/ THANKS! Enjoy! Terry in Ohio Sydney to NZ/Auckland Adventure, live/blog 2014 sampling/details with many exciting visuals and key highlights. On page 23, post #571, see a complete index for all of the pictures, postings. Now at 244,521 views. https://boards.cruisecritic.com/topic/1896175-solstice-live-australianzhawaii-many-pix’s-jan-20-feb-3/ 1 Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted July 27, 2023 Author #1635 Share Posted July 27, 2023 From the brief this morning by Royal Caribbean CEO Jason Liberty, plus their CFO, etc., below are some of my highlight rough notes and quotes: The often repeated theme of “strong second quarter results” came through multiple times, including for record wavy period for bookings and how things have "gotten better". A key new item was reflecting increased Europe interest and bookings as to how this helped drive this market success for this summer. Occupancy is viewed asback to normal, but they cannot predict for next year (2024). As to the "State of the Consumer", they see strong demand and people still having "excess savings". It was stress by CEO Liberty that consumers still "want experiences over goods”. They see conditions as still being in a “multi-year catch-up period” They also point to a higher by a wide margin for those who are "new to cruising" with their first-time bookings. Over and over they noted that cruising is a better value than land-based vacations. Mention was made the three new ships for 2023, include the Silver Nova. There was much emphasis as how many are doing more “weekend get-aways” with shorter options. While that might not be true for Silversea, but it applies significantly with their other brands. Much of this shorter sailing emphasis is to compete with land-based options and vacation competition. They cited multiple times their strong cost controls to drive their future revenue and bottom-line. For all of their brands, the Caribbean is about 55% of their business. Europe is 17%. They cited an acceleration in demand, especially from Europe customers. Alaska is about 6% of their capacity and they have added ships for there. Load factors in Alaska are over 2019 bookings. Several mentions were made for their plans to return to China in 2024. It was noted they have $3.2 billion in new debt for the ships coming on-line this year, but that they can manage that debt load. They will look for “opportunistic” ways to pay-down and manage debts and obligations. During the Q&A period, they noted a "Very good booking environment" and that the “Outlook is really bright”, plus “Feel really about the demand”. They want to “optimisze revenue” not just to look at booking numbers. They focus on “yield levels". Managing despite higher expense for staff costs and field, etc., was cited and they want to “Expand/grow our margins.” They detailed Europe vs. US consumer recovery patterns and differences.. On bookings, they are looking both at numbers, but also the rates paid. They said it is not just the new "hardware" (new ships) driving these trends. They will have more dry-docks to do in 2024 to make up for their ships missing those upgrades during Covid. Revenue involves both in bookings and on-board. Been surprised by their ability to raises prices and keep high booking levels. Land-based higher prices has allowed them to raise their cruise pricings. On-board price/revenue up is driven by making it easier to get customers to book those options in advance and for it being easier through the web. There were several discussions on their “Perfect Day” captive Caribbean port stops and these special island options through the Royal Caribbean brand. That does not apply for Silversea. They said they are seeing no indicators of softness, only an acceleration. "No indicators of weakness" was a clear message. Much was cited on exploiting the value gap and advantage provided by cruises versus other vacation options. "Nothing structural that put it at risk to grow the business. We seek to grow the yield faster than the margin." There was no mention or questions as to any type of looming recession and/or economic down-turn. Will it be avoided? Hope these rough notes are not too much, but that they offer a flavor for these discussions. Prices are not going down. Book and plan early. You can listen to full, 48-minute audio of today's RCL briefing with Wall Street analysts, plus charts at: https://events.q4inc.com/attendee/823317881 THANKS! Enjoy! Terry in Ohio Venice: Loving It & Why??!! Is one of your future desires or past favorites? See these many visual samples for its great history and architecture. This posting is now at 105,155 views. http://boards.cruisecritic.com/showthread.php?t=1278226 1 1 Link to comment Share on other sites More sharing options...
CJANDH Posted July 27, 2023 #1636 Share Posted July 27, 2023 Thanks for the summary Terry. Reading between the lines I sense that the company thinks that their business is not very price sensitive and they have an opportunity to make us pay a lot more. I may be in the minority but I am feeling "gauged" and have switched several bookings to Regent who seem more rational in their pricing strategy. Also looking at the new Explora Journeys brand that has top-end suite pricing lower than Silversea. 1 Link to comment Share on other sites More sharing options...
cruiseej Posted July 28, 2023 #1637 Share Posted July 28, 2023 18 hours ago, TLCOhio said: "Nothing structural that put it at risk to grow the business." I wonder how long that can hold as it seems more areas around the world are starting to rebuff large cruise ships from overrunning their cities and towns. Venice, Key West, Bangor (Maine), Flam (Norway) and others have cut back or disallowed large cruise ships. Small towns from Alaska to the Caribbean to Greek islands are overrun with tens of thousands of tourists from ever-larger cruise ships, and it seems inevitable there will be more pushback in the future. Meanwhile, the younger generation of cruisers who have tried cruising and liked it will be looking for new experiences and destinations. Can the cruise industry keep adding capacity and adding variety if they have fewer place to visit? I realize this isn't a short-term issue, and Wall Street mostly looks at the short-term, but I foresee problems down the road with the ongoing rapid growth of the cruise industry. 2 Link to comment Share on other sites More sharing options...
Rare highplanesdrifters Posted July 28, 2023 #1638 Share Posted July 28, 2023 21 hours ago, CJANDH said: And the outrageous price increases on the Silversea's top suites. SS pricing for the top suites has gone insane. Recently priced up 14 day Japan itineraries on similar ships and suites. SS more than double Seabourn. Link to comment Share on other sites More sharing options...
CJANDH Posted July 28, 2023 #1639 Share Posted July 28, 2023 1 hour ago, highplanesdrifters said: SS pricing for the top suites has gone insane. Recently priced up 14 day Japan itineraries on similar ships and suites. SS more than double Seabourn. Here is a comparison with Regent on similar cruises in July 2024: 10-day N. Europe Comparison – July 2024 Silversea Dawn: Owners $44K Grand $41K Royal $37K RSS Splendor: Master* $27K Grand $24K Splendor $22K * Master is 2-bedroom The bean counters are pricing SS out of the market. Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted July 28, 2023 Author #1640 Share Posted July 28, 2023 On 7/27/2023 at 3:53 PM, CJANDH said: Thanks for the summary Terry. Reading between the lines I sense that the company thinks that their business is not very price sensitive and they have an opportunity to make us pay a lot more. I may be in the minority but I am feeling "gauged" and have switched several bookings to Regent who seem more rational in their pricing strategy. Also looking at the new Explora Journeys brand that has top-end suite pricing lower than Silversea. Appreciate these great, various comments and follow-ups. My view from listening to a large number of these briefings in recent years is that these cruise executives monitor customer and economic trends closely. YES, they want to maximize revenue now, but they know it could change quickly. They are not blind to such customer and economic fluctuations and shifting moods. More later. From the Wall Street Journal late this afternoon, below are their weekly charts for the three major cruise lines. Clearly Royal Caribbean lead the way with their highest levels in more than three years. Today/Friday slowed a little compared to Thursday's huge upswing. What for next week? THANKS! Enjoy! Terry in Ohio Amazon River-Caribbean 2015 adventure live/blog starting in Barbados. Many visuals from this amazing river and Caribbean Islands (Dutch ABC's, St. Barts, Dominica, Grenada, San Juan, etc.). Now at 72,277 views: https://boards.cruisecritic.com/topic/2076101-live-amazon-river-caribbean-many-pix’s-terryohio/ From the Wall Street Journal late today, below are the charts for the three major cruise lines during the most recent five trading days. Big swings up for all three!! Right?: (Open your screen/viewer wider to see these visuals larger/better!) Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted July 29, 2023 Author #1641 Share Posted July 29, 2023 23 hours ago, cruiseej said: I wonder how long that can hold as it seems more areas around the world are starting to rebuff large cruise ships from overrunning their cities and towns. Venice, Key West, Bangor (Maine), Flam (Norway) and others have cut back or disallowed large cruise ships. Small towns from Alaska to the Caribbean to Greek islands are overrun with tens of thousands of tourists from ever-larger cruise ships, and it seems inevitable there will be more pushback in the future. Meanwhile, the younger generation of cruisers who have tried cruising and liked it will be looking for new experiences and destinations. Can the cruise industry keep adding capacity and adding variety if they have fewer place to visit? I realize this isn't a short-term issue, and Wall Street mostly looks at the short-term, but I foresee problems down the road with the ongoing rapid growth of the cruise industry. Love the great comments and follow-up above from our skilled and experienced neighbor in the Philadelphia suburban areas. Yes, there are challenges as some ports/cities do not want too many of the big cruise ships dumping thousands of tourists to over-run their communities. Also, agree that those younger, new customers want interesting and unique experiences and destinations. That's part of their challenge . . . and opportunities for the future. BUT, reading the economic crystal ball is still a factor that is hard to predict. As this below article details, experts are worrying less about a major recession coming soon. Will there be a "safe landing"?? During Thursday's Royal Caribbean executive briefing with analysts, there were no questions about the economy slowing down and its potential negative impacts on the cruise lines. That's a change from previous financial briefings. From the Wall Street Journal this morning, they had this headline for their lead story: “How the U.S. Economy Is Sticking the Soft Landing" with this sub-headline: "Companies are pulling back but are reluctant to make job cuts that could spur a recession.” Here are some of their reporting highlights: “To see what an economic soft landing looks like, search no further than business hiring. Parts of the economy are cooling, just as the Federal Reserve would like to see to combat inflation. Freight railroads, for instance, are seeing shipping volumes decline. Construction firms are cutting back on equipment purchases. A vending-machine company’s customers are negotiating prices downward. Yet the key to a measured, inflation-busting slowdown that doesn’t sink the economy lies in whether companies hold on to workers or lay them off.” Also cited was: "Fresh economic data this week reinforced optimism that inflation can fall without the U.S. suffering a recession. Economic output accelerated in recent months on the back of solid consumer spending. Inflation cooled to 3% in June, according to the Fed’s preferred gauge. And wage growth, while still elevated, slowed, the Labor Department said Friday." Full story at: https://www.wsj.com/articles/how-the-u-s-economy-is-sticking-the-soft-landing-cf140c04?mod=hp_lead_pos1 THANKS! Enjoy! Terry in Ohio Athens & Greece: Visuals, details from two visits in a city and nearby with great history, culture and architecture. Now at 56,081 views. http://boards.cruisecritic.com/showthread.php?t=1101008 Link to comment Share on other sites More sharing options...
Rare highplanesdrifters Posted July 29, 2023 #1642 Share Posted July 29, 2023 2 hours ago, TLCOhio said: From the Wall Street Journal this morning, they had this headline for their lead story: “How the U.S. Economy Is Sticking the Soft Landing" with this sub-headline: "Companies are pulling back but are reluctant to make job cuts that could spur a recession.” Now that that Wall Street is no longer collectively looking for a recession, you know it's coming. 1 Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted July 30, 2023 Author #1643 Share Posted July 30, 2023 22 hours ago, highplanesdrifters said: Now that that Wall Street is no longer collectively looking for a recession, you know it's coming. Yes!!! As per above, our smart friend might have nailed it. Appreciate this great comments and insight for the financial future. Maybe? When does it happen? From MSN News and this financial news website this morning, they had this headline: “Cruises are increasingly adopting the strategy of budget airlines: Get ready to pay more for all the extras.” with these highlights: “Cruise lines are seemingly adopting the budget airline model: Charge a base fare and pile on extras. Newer cruise ships have 'more opportunities to upsell' with restaurant and entertainment options. Cruise companies have been raising the cost of packages like specialty dining, beverages, and WiFi." With Silversea, in most cases, you see less of this trend. Maybe? Hopefully. But this reporting noted: "Going on a cruise can be one of your cheapest travel options — as long as you don't sign up for too many of the optional packages and extra amenities." However, as noted with La Dame on some of the newer ships, is parent Royal Caribbean pushing certain of these "financial tricks"? Bait and switch? Full story at: https://www.msn.com/en-us/travel/tips/cruises-are-increasingly-adopting-the-strategy-of-budget-airlines-get-ready-to-pay-more-for-all-the-extras/ar-AA1exFvA THANKS! Enjoy! Terry in Ohio AFRICA?!!?: Fun, interesting visuals, plus travel details from this early 2016 live/blog. At 54,594 views. Featuring Cape Town, South Africa’s coast, Mozambique, Victoria Falls/Zambia and Botswana's famed Okavango Delta. www.boards.cruisecritic.com/showthread.php?t=2310337 Link to comment Share on other sites More sharing options...
Rare highplanesdrifters Posted July 30, 2023 #1644 Share Posted July 30, 2023 29 minutes ago, TLCOhio said: When does it happen? When you least expect it. I'm looking for a black/grey swan event in October. So guaranteed it won't happen then. 😁 Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted July 31, 2023 Author #1645 Share Posted July 31, 2023 On 7/30/2023 at 10:41 AM, highplanesdrifters said: When you least expect it. I'm looking for a black/grey swan event in October. So guaranteed it won't happen then. 😁 Yes, sadly there has been other bad economic "surprises" in the fall of a year. Like in 1929, 1987 and 2008? Is my memory correct? Best to be watching, prepared and ready for any happenings!! From the Investor's Business Daily this morning, they had this headline: “NCLH Stock Sails 76% Higher This Year, Ahead Of Norwegian Cruise Line Earnings” with these highlights: “Cruise lines continue to ride the earnings wave with Norwegian Cruise Line Holdings scheduled to report second-quarter results early Tuesday. NCLH stock has bolted roughly 76% so far this year. Cruise lines are posting powerful gains in 2023 as consumers embark on long-awaited vacations delayed by coronavirus pandemic lockdowns. The IBD Leisure-Services industry group swung 11.6% higher so far this year, led by Carnival and Royal Caribbean.” Tomorrow will be on the look-out for the data from Norwegian and will try to report details here. Fasten your seatbelts!! Full story at: https://www.investors.com/news/nclh-stock-sails-76-percent-higher-this-year-norwegian-cruise-line-earnings-on-tap/?src=A00619&refcode=aflMarketWatch&adobe_mc=MCMID%3D77626320452482689262797225847612851544|MCORGID%3DCB68E4BA55144CAA0A4C98A5%40AdobeOrg|TS%3D1690818163 THANKS! Enjoy! Terry in Ohio Kotor/Montenegro: Various visual samples, tips, details, etc., for this scenic, historic location. Over 52,083 views. http://boards.cruisecritic.com/showthread.php?t=1439193 Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted July 31, 2023 Author #1646 Share Posted July 31, 2023 (edited) If interested to listen in live tomorrow/Tuesday at 10 EDT, below is the link. Norwegian always gets interesting questions during these sessions, but their long-time CEO has finally retired and there is a new CEO in charge. Harry Sommer is their former head for the Norwegian line and is a CPA by profession. Bean-counters in charge/control?? Good or bad?? Frank Del Rio has recently retired after some controversy in his long career and after some of his over-hyped comments. His son, going by the same name, is now President, Oceania Cruises. Did the son rise up, UP all by merit? Always interesting questions to ask. We had good experiences in 2018 and 2020 with Oceania cruises over long periods of time on the ships in exotic locations. But, overall, the Norwegian companies is ranked by many financial standards of performance to be "third" compared to Royal Caribbean and Carnival. THANKS! Enjoy! Terry in Ohio https://www.nclhltd.com/investors/news-events/ir-calendar/detail/11430/second-quarter-2023-financial-results-conference-call Edited July 31, 2023 by TLCOhio Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted August 1, 2023 Author #1647 Share Posted August 1, 2023 From a Norwegian corporate press release early this morning, they had this headline: “Norwegian Cruise Line Holdings Reports Strong Second Quarter 2023 Financial Results and Improves Full Year 2023 Guidance” with these highlights: “Norwegian Cruise Line Holdings today reported financial results for the second quarter ended June 30, 2023 and provided guidance for the third quarter and full year 2023. Company met or exceeded guidance for all key metrics in the second quarter. Generated total revenue of $2.2 billion, a record for the Company and up 33% compared to the same period in 2019, and GAAP net income of $86.1 million, or EPS of $0.20.” How will the stock market and investors react for NCLH? And how will it affect other cruise stocks? The market opens at 9:30 am. Then at 10 am, this cruise line's top executives will answer questions from stock analysts. More to come later today. Full NCLH press release at: https://www.nclhltd.com/investors/news-events/press-releases/detail/558/norwegian-cruise-line-holdings-reports-strong-second THANKS! Enjoy! Terry in Ohio Dubrovnik! Visual samples, tips, details, etc., for this super scenic and historic location. Over 50,546 views. http://boards.cruisecritic.com/showthread.php?t=1439227 Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted August 1, 2023 Author #1648 Share Posted August 1, 2023 From a financial news website this morning, they had this headline: “Cruise line sector falls after guidance from Norwegian Cruise Line disappoints” with these highlights: “Norwegian Cruise Line Holdings and cruise line peers fell in early trading on Tuesday after guidance from the Miami-based company came in below expectations. Norwegian topped estimates with its Q2 earnings report and said it continues to experience strong and resilient consumer demand. The cumulative booked position for the second half of the year is ahead of 2019 levels at continued higher pricing. On a 12-month forward basis, NCLH continues to be in its optimal booked position of approximately 60% to 65%. NCLH's advance ticket sales balance, including the long-term portion, was a record $3.5B at the end of the quarter, approximately $167M higher than the prior quarter and approximately 56% higher than Q2 of the pre-pandemic year of 2019.” Here is more: "Shares of Norwegian Cruise Line (NCLH) fell 8.52% in premarket trading, while Royal Caribbean (RCL) was down 1.81% and Carnival (CCL) dropped 3.05%." Full story at: https://seekingalpha.com/news/3994106-cruise-line-sector-falls-after-guidance-from-norwegian-cruise-line-disappoints THANKS! Enjoy! Terry in Ohio Lisbon, NWSpain, Bordeaux/Brittany: Live/blog, June 2017 from Portugal to France along scenic Atlantic Coast on the Silver Spirit. Now at 33,638 views. Many pictures, details for history, food, culture, etc.: www.boards.cruisecritic.com/showthread.php?t=2511358 Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted August 1, 2023 Author #1649 Share Posted August 1, 2023 From the New York Times this morning in an opinion column by Ezra Dyer, a writer for Car and Driver magazine, they had this headline: “Cruises Are Back, Baby.” These are a few of his writing highlights: “As anyone who’s been to an airport lately can tell you, travel is booming as we make up for lost time and then some. Flights are packed. Americans are on track to drive 3.2 trillion cumulative miles this year, the highest tally since 2019. And a recent AAA survey found that 52 percent of Americans say that compared with before the pandemic, they’re as likely or more likely to consider taking a cruise this year. Cruises are back, baby! And I would know, because I recently went on a quick Bahamas trip — just me and several thousand of my closest friends.” Here is more from his summary: "After the downer of the past few years, we’re all longing for escapism. These days the demand for a little bit of fun — weekend getaways, Jet Skis, Taylor Swift tickets — is so heated that economists have come up with the term “fun-flation” to explain our free-spending ways. Which brings us to the other thing that makes American cruises singular: More is always more. My family’s home for four days was once one of the largest passenger ships ever built, some 900 feet long and displacing more than 100,000 tons. It has swimming pools, a basketball court, a mini-golf course, a spa and a theater." Full story at: https://www.nytimes.com/2023/08/01/opinion/cruise-revenge-travel-funflation-covid.html THANKS! Enjoy! Terry in Ohio Panama Canal? Early 2017, Fort Lauderdale to San Francisco adventure through Panama Canal. Our first stops in Colombia, Central America and Mexico, plus added time in the great Golden Gate City. Now at 32,193 views. http://boards.cruisecritic.com/showthread.php?t=2465580 Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted August 1, 2023 Author #1650 Share Posted August 1, 2023 Just finished listening to the live report by the new Norwegian CEO and CFO giving their second quarter report to the financial analysts. All seemed smooth with the various questions and comments. Will provide more detailed notes later. BUT . . . . From Wall Street Journal in the late morning, their below chart shows that the market place was not very happy with what was posted this morning by Norwegian. Ouch!!! Not a pretty and/or positive reactions. THANKS! Enjoy! Terry in Ohio From late 2018, see “Holy Lands, Egypt, Jordan, Oman, Dubai, Greece, etc.”, with many visuals, details and ideas for the historic and scenic Middle East. Now at 21,957 views. Connect at: www.boards.cruisecritic.com/topic/2607054-livenautica-greece-holy-lands-egypt-dubai-terrypix’s/ Link to comment Share on other sites More sharing options...
Recommended Posts
Please sign in to comment
You will be able to leave a comment after signing in
Sign In Now