Ourusualbeach Posted July 27, 2020 #851 Share Posted July 27, 2020 Just now, yogimax said: Sailing at 50% capacity even for a short period of time, would lead to financial disaster and bankruptcy. There are fixed costs, not the least of which is interest. it would be "Bye, bye, Royal"! As opposed to the months of not sailing.🤔 1 2 Link to comment Share on other sites More sharing options...
yogimax Posted July 27, 2020 #852 Share Posted July 27, 2020 1 minute ago, Ourusualbeach said: As opposed to the months of not sailing.🤔 No, as opposed to sailing at full or near full capacity. 1 Link to comment Share on other sites More sharing options...
Milwaukee Eight Posted July 27, 2020 #853 Share Posted July 27, 2020 8 minutes ago, Ocean Boy said: You can't compare the issues of today with banning smokers. But I did. 😇 1 Link to comment Share on other sites More sharing options...
Ourusualbeach Posted July 27, 2020 #854 Share Posted July 27, 2020 (edited) 11 minutes ago, yogimax said: No, as opposed to sailing at full or near full capacity. After not sailing for 9 moths sailing at 50% for a number of months certainly won’t lead to bankruptcy as you suggested. Edited July 27, 2020 by Ourusualbeach 3 2 Link to comment Share on other sites More sharing options...
Ocean Boy Posted July 27, 2020 #855 Share Posted July 27, 2020 2 minutes ago, Milwaukee Eight said: But I did. 😇 Yes you did.... 1 Link to comment Share on other sites More sharing options...
yogimax Posted July 27, 2020 #856 Share Posted July 27, 2020 10 minutes ago, Ourusualbeach said: After not sailing for 9 moths sailing at 50% for a number of months certainly won’t lead to bankruptcy as you suggested. Hey Look, I love to cruise and am loyal to Royal, but facts are facts. This was a report from early June. Since then, the situation has worsened. "A dry-docked Royal Caribbean Cruises (NYSE:RCL) is heading back to the debt markets to raise cash and boost its liquidity during the COVID-19 pandemic. The cruise ship operator is raising an additional $2 billion in bonds and convertible notes less than one month after it sold over $3 billion in senior secured notes at high interest rates. It was forced to use a tricky maneuver to avoid violating covenants that limited the amount of debt it could take on. To attract investors, it gave them priority interest in entities that owned 28 of its cruise ships, putting them second in line to collect if Royal Caribbean ran aground." Sailing at 50% will make the situation all the worse. Link to comment Share on other sites More sharing options...
Milwaukee Eight Posted July 27, 2020 #857 Share Posted July 27, 2020 1 minute ago, yogimax said: Hey Look, I love to cruise and am loyal to Royal, but facts are facts. This was a report from early June. Since then, the situation has worsened. "A dry-docked Royal Caribbean Cruises (NYSE:RCL) is heading back to the debt markets to raise cash and boost its liquidity during the COVID-19 pandemic. The cruise ship operator is raising an additional $2 billion in bonds and convertible notes less than one month after it sold over $3 billion in senior secured notes at high interest rates. It was forced to use a tricky maneuver to avoid violating covenants that limited the amount of debt it could take on. To attract investors, it gave them priority interest in entities that owned 28 of its cruise ships, putting them second in line to collect if Royal Caribbean ran aground." Sailing at 50% will make the situation all the worse. Some money is better than none and could give them leverage $ to remain “afloat “. 2 Link to comment Share on other sites More sharing options...
Ourusualbeach Posted July 27, 2020 #858 Share Posted July 27, 2020 (edited) 10 minutes ago, yogimax said: Hey Look, I love to cruise and am loyal to Royal, but facts are facts. This was a report from early June. Since then, the situation has worsened. "A dry-docked Royal Caribbean Cruises (NYSE:RCL) is heading back to the debt markets to raise cash and boost its liquidity during the COVID-19 pandemic. The cruise ship operator is raising an additional $2 billion in bonds and convertible notes less than one month after it sold over $3 billion in senior secured notes at high interest rates. It was forced to use a tricky maneuver to avoid violating covenants that limited the amount of debt it could take on. To attract investors, it gave them priority interest in entities that owned 28 of its cruise ships, putting them second in line to collect if Royal Caribbean ran aground." Sailing at 50% will make the situation all the worse. You’ve obviously failed to listen to any of Fains speeches saying the ships would not immediately begin sailing at full capacity. What you quote as facts mentions nothing about how Long they can go without sailing nor at what capacity they need to sail at when they start. Anyone who thinks ships will sail at full capacity upon startup is delusional. Edited July 27, 2020 by Ourusualbeach 2 1 Link to comment Share on other sites More sharing options...
yogimax Posted July 27, 2020 #859 Share Posted July 27, 2020 14 minutes ago, Ourusualbeach said: You’ve obviously failed to listen to any of Fains speeches saying the ships would not immediately begin sailing at full capacity. Indeed, that will be true. Link to comment Share on other sites More sharing options...
yogimax Posted July 27, 2020 #860 Share Posted July 27, 2020 22 minutes ago, Milwaukee Eight said: Some money is better than none and could give them leverage $ to remain “afloat “. Borrowed money to this degree could also easily sink them. 1 Link to comment Share on other sites More sharing options...
Rare John&LaLa Posted July 27, 2020 #861 Share Posted July 27, 2020 5 hours ago, suzyluvs2cruise said: When sailing on Celebrity and Azamara they give reciprocal loyalty status up through Diamond....with several nice perks. For us, it's now been more about where we go and they both offer a variety of itineraries that RCI doesn't have. We've enjoyed our sailings on both of the sister lines. Celebrity Elite Perks Elegant tea invitation Evening Cocktail hour (excludes embarkation and evening of Senior Officers’ Party) Complimentary access to Persian Garden (on one port day of your choice while ship is in port) *applies to Solstice and Millennium class ships only Access to the Captain’s Club Lounge for daily coffee house style breakfast A private shipboard departure lounge, serving continental breakfast Complimentary 90-minute Internet package or 30% discount on our Unlimited Internet Package Exclusive Senior Officers’ Cocktail Party Complimentary wine seminar event Priority embarkation while boarding the ship (where available) Priority status for shore excursion waitlist One complimentary bag of laundry (wash, dry, fold) on every sailing. Complimentary pressing of 2 garment items and dry cleaning of 1 garment. Behind the scenes Theatre Tour with the cast and crew, with complimentary welcome drink One category stateroom upgrade applicable up to AquaClass®* Exclusive Captains Club Celebration Event 20% discount on any digital or print photo package at the Photo Gallery plus $100 off any Photo Package purchased at The Studio One Complimentary scoop of gelato from the Gelateria Access to special events on Reunion and Presidents Cruise sailings Access to Captain's Club VISTA magazine online Access to the onboard Loyalty Host during your cruise Eligibility for Captain’s Club promotions when booking a future cruise onboard Diamond Level enrollment in Royal Caribbean’s Crown & Anchor Society I actually like the idea of no happy hour lounge on embarkation day. Its always a zoo and mad rush to get there from muster 2 1 Link to comment Share on other sites More sharing options...
Milwaukee Eight Posted July 27, 2020 #862 Share Posted July 27, 2020 1 minute ago, John&LaLa said: I actually like the idea of no happy hour lounge on embarkation day. Its always a zoo and mad rush to get there from muster That’s actually not a bad idea. 1 Link to comment Share on other sites More sharing options...
Rare John&LaLa Posted July 27, 2020 #863 Share Posted July 27, 2020 1 hour ago, yogimax said: Three possibilities... 1. More people will be cruising - absolutely not. People will not be rushing back to what has proven to be floating incubation labs. 2. The same number of people will be cruising as before - nope. Many will have reached the age where cruising is no longer a viable option. People have gotten used to alternate vacations and new cruisers will take years to develop. 3. The demand for cruising will lessen - bingo! So yes, "cruisers are still going to cruise, but far less than before! Have you not watched the news. Young folks don't care😉 If anybody will be thinking twice, it's the majority of experienced cruisers who shoukd know how risky it really is. 1 Link to comment Share on other sites More sharing options...
Rare John&LaLa Posted July 27, 2020 #864 Share Posted July 27, 2020 1 hour ago, yogimax said: This is just idle speculation based on nothing! 🤣🤣 It's a theory. This thread is based on a theory. Its in the title.😉 2 1 Link to comment Share on other sites More sharing options...
yogimax Posted July 27, 2020 #865 Share Posted July 27, 2020 3 minutes ago, John&LaLa said: Have you not watched the news. Young folks don't care😉 Ha! And young folks sail Carnival! 2 Link to comment Share on other sites More sharing options...
Rare John&LaLa Posted July 27, 2020 #866 Share Posted July 27, 2020 Just now, yogimax said: Ha! And young folks sail Carnival! What stereotypical nonsense is that. 2 Link to comment Share on other sites More sharing options...
yogimax Posted July 27, 2020 #867 Share Posted July 27, 2020 1 minute ago, John&LaLa said: What stereotypical nonsense is that. And the oldest folks sail Holland America. Can you give the stats to dispute this? 1 Link to comment Share on other sites More sharing options...
Rare John&LaLa Posted July 27, 2020 #868 Share Posted July 27, 2020 15 minutes ago, yogimax said: And the oldest folks sail Holland America. Can you give the stats to dispute this? I'm sure google could tell us, but I don't have the energy to search. But, I'm pretty sure the average passenger age on the big three is statistically identical. Link to comment Share on other sites More sharing options...
Dennis#1 Posted July 27, 2020 #869 Share Posted July 27, 2020 32 minutes ago, John&LaLa said: I actually like the idea of no happy hour lounge on embarkation day. Its always a zoo and mad rush to get there from muster May not be a mad rush to get to lounge when the new phased rules for the muster are implemented. 1 Link to comment Share on other sites More sharing options...
Dennis#1 Posted July 27, 2020 #870 Share Posted July 27, 2020 23 minutes ago, yogimax said: And the oldest folks sail Holland America. Can you give the stats to dispute this? I am old, and have never sailed Holland America. 1 1 Link to comment Share on other sites More sharing options...
Rare John&LaLa Posted July 27, 2020 #871 Share Posted July 27, 2020 (edited) 10 minutes ago, Dennis#1 said: I am old, and have never sailed Holland America. And I sailed them 3 times in my 30's🤣🤣 Last sailed Carnival in my mid 40's Edited July 27, 2020 by John&LaLa 1 Link to comment Share on other sites More sharing options...
WeMissSeaView Posted July 27, 2020 #872 Share Posted July 27, 2020 Last sailed Carnival at 63. I was not the oldest one on the ship. Link to comment Share on other sites More sharing options...
PhoenixCruiser Posted July 27, 2020 #873 Share Posted July 27, 2020 We sailed with Holland twice when we were in our 40s. We are two star whatever they call it because you get points for sailing, plus points for staying in a suite plus points for money spent!Sent from my SM-N950U using Tapatalk Link to comment Share on other sites More sharing options...
grapau27 Posted July 27, 2020 #874 Share Posted July 27, 2020 8 hours ago, yogimax said: 1. C&A will NOT be going away. 2. C & A will NOT reset to zero. Either one of those options would be corporate suicide and bring great joy to Carnival and NCL! I absolutely agree. The DL/CL/SL as well as the other C&A benefits put RCL at the top of our list. Other cruiselines have better service,food, restaurants and entertainment and it would be corporate suicide for Royal to stop what keeps them above the rest. 3 Link to comment Share on other sites More sharing options...
Mapleleafforever Posted July 27, 2020 #875 Share Posted July 27, 2020 3 hours ago, grapau27 said: I absolutely agree. The DL/CL/SL as well as the other C&A benefits put RCL at the top of our list. Other cruiselines have better service,food, restaurants and entertainment and it would be corporate suicide for Royal to stop what keeps them above the rest. Why do we cruise Royal then? Just for the loyalty perks? Do you feel stuck? 1 Link to comment Share on other sites More sharing options...
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