Real negative Wall Street outlook on the cruise line industry today

[NC Fred]

https://stocks.apple.com/Abenb_7OBR7iqC2UPKCYvrg

 

Look for deep discounts and added incentives.

[Oceansaway17]

yup and CCL might sell on of its small line of ships.

but airline stocks down as well

[FlorenceItaly]

I am no longer booking ahead as I have in the past.  In fact, I cancelled a 2023 HAL cruise as I didn't feel comfortable with them having my $3500 deposit.  For now, only free casino cruises(HAL) or after final payment.

[mahdnc]

News Flash: Royal Caribbean, Carnival Cruises Might Have to Get Cheaper

[ymncruise]

I’m only booking at the last minute. My friends had insurance but still haven’t been reimbursed from their crystal cruises when they went bankrupt. 

[Happy Cruiser 6143]

News flash:  Wall Street is pretty much negative on everything these days.

[BigAl94]

Certainly no cruising for us this year, land trips all booked despite a significant anniversary! I predict major trouble ahead https://www.fool.com/investing/2022/05/24/why-cruise-line-stocks-are-plunging-today/

[gordylad]

no surprise with all the negativity....we still have cruises booked but will monitor the situation. If masks are reinstated onboard then we will cancel and switch to a land based holiday.

[lexmiller]

Until the testing requirement to fly into the US ends, things are going to remain dismal IMHO. Even Fauci in a recent interview, could site no reason as to why it should continue! No other western country requires this test. It is absolutely discouraging travel and thus cruising. 
https://www.cbc.ca/amp/1.6386763

This is a great article written a few months ago about the reasoning behind Canada lifting the test required to fly into Canada. We need this to happen in the US as well. 

[goofysmom99]

I canceled this year's European trip because of the test-to-fly-home requirement, especially rigid from Italy, but am still willing to drive to short cruises out of Florida.  Would have loved to book the Greek islands Cruise with the CEO cruise except for the pesky return test thing.  Hoping it's gone in time for next year's TA.....and that there will BE a next year for the cruise lines.

[mahdnc]

9 hours ago, Happy Cruiser 6143 said:

News flash:  Wall Street is pretty much negative on everything these days.

 

Except for the defense industry which is thriving right now.....

[weregoingcruising]

On our 02/22 cruise I booked our 7 future cruises with refundable deposits. Its the first time and  really glad I did refundable considering everything going on. 

[deliver42]

All the cruise lines have been diving for the past few weeks. Only one month ago, RCCL was at $94.00. As of this morning it was $44.00

[hal2008]

On 5/25/2022 at 12:24 AM, Happy Cruiser 6143 said:

News flash:  Wall Street is pretty much negative on everything these days.

That's not true. Certainly not everything 

"They"  are only negative on what is overvalued in their opinion and quite enthusiastic about what they find undervalued.

 

As has been case always - quite  consistently.

[hal2008]

On 5/25/2022 at 8:01 AM, lexmiller said:

Until the testing requirement to fly into the US ends, things are going to remain dismal IMHO. Even Fauci in a recent interview, could site no reason as to why it should continue! No other western country requires this test. It is absolutely discouraging travel and thus cruising. 
https://www.cbc.ca/amp/1.6386763

This is a great article written a few months ago about the reasoning behind Canada lifting the test required to fly into Canada. We need this to happen in the US as well. 

 

All though coming from totally opposite spectrum, agree with you 

 

Personally, I am more concerned about having to quarrantine in non English speaking foreign country than fighting off actual covid.