Rare Colorado Klutch Posted January 10, 2023 #26 Share Posted January 10, 2023 1 hour ago, LocoLoco1 said: I liked Cunard on two longer voyages and clicked with very fun bunch aboard ship. We had a modest Cabin yet the ‘Wow Factor’ onboard was everywhere. The live music, lectures, the food, the furnishings.. with a piano bar and a REAL Library etc. Next cruise was on HAL’s Maasdam. The difference was obvious. Does Cunard require tuxedos and cocktail dresses for formal nights? Link to comment Share on other sites More sharing options...
LocoLoco1 Posted January 12, 2023 Author #27 Share Posted January 12, 2023 On 1/10/2023 at 4:40 PM, Colorado Klutch said: Does Cunard require tuxedos and cocktail dresses for formal nights? It does..and it doesn’t. Cunard has a 2-tiered ‘Passenger Arrangement’. The higher status one has it’s own Dining Rm. where formality reigns. The lesser one is moreso Coat n Tie &Smart Casual. Link to comment Share on other sites More sharing options...
Host Hattie Posted January 12, 2023 #28 Share Posted January 12, 2023 1 hour ago, LocoLoco1 said: It does..and it doesn’t. Cunard has a 2-tiered ‘Passenger Arrangement’. The higher status one has it’s own Dining Rm. where formality reigns. The lesser one is moreso Coat n Tie &Smart Casual. That's not correct, the dress code on Cunard is the same in all the formal dining rooms. Link to comment Share on other sites More sharing options...
Boterletter Posted January 12, 2023 #29 Share Posted January 12, 2023 On 1/9/2023 at 4:15 PM, Colorado Klutch said: [.] - Carnival is a giant corporation with a revenue just shy of $2 billion last year. No, they're not worried about refunding a few bookings. 🙂 [.] Cashflow is no problem but debt is. Carnival has currently a debt of a whopping 34bn. Interest last quarter was about 450 mln, that is about 2bn interest per year 😞 That is a really heavy burden to carry.... 1 Link to comment Share on other sites More sharing options...
Rare Guardsy Posted January 14, 2023 #30 Share Posted January 14, 2023 CCL stock closed today at $10.51 / share. First time above $10 for some time, I believe. Yeah for us who bought near the recent low. Now, keep giving out those cruise credits! Link to comment Share on other sites More sharing options...
LocoLoco1 Posted January 15, 2023 Author #31 Share Posted January 15, 2023 On 1/12/2023 at 2:17 AM, Host Hattie said: That's not correct, the dress code on Cunard is the same in all the formal dining rooms. I’ll stand by by characterization that ‘Formality Reigns’ in 1 DiningRm and not the other. Hard & Fast dress rules? No, but the difference was obvious Link to comment Share on other sites More sharing options...
Guest ldtr Posted January 15, 2023 #32 Share Posted January 15, 2023 The main driver in the recent positive move on CCL stock was due to the companies statements that they are returning to full occupancy and will raise prices in 2023. So far CCL is still losing money on operations, let alone after making debt payments. However both head of rcl and ccl have stated that they believe that they have pricing power and will increase prices next year. This is based upon both the number of bookings as well as the historic gap between cruise prices and other travel options such as land based travel and hotels. Cruise prices have stayed low while they were getting occupancy back and getting their customers comfortable with cruising again. On the other hand there have been huge increases in hotel prices with many resorts now priced over 50% higher than 2019, making the price gap between cruising and its competition considerably larger than normal. Link to comment Share on other sites More sharing options...
Rare HappyInVan Posted January 15, 2023 #33 Share Posted January 15, 2023 (edited) 1 hour ago, ldtr said: The main driver in the recent positive move on CCL stock was due to the companies statements that they are returning to full occupancy and will raise prices in 2023. IMHO, the recent bounce in CCL price has been because of short covering, based on expectations that inflation is moderating. The market may be getting ahead of itself. Anyway, the ability of the cruise industry to fill its ships in 2023 is uncertain. Problems include the growth of capacity, and the uncertain nature of covid. Much of CCL's bookings are done on the basis of low low deposits. Should cruise fares rise, there may be less demand for HIA. Affecting the top line. At any rate, cruise fares need to keep rising in order to keep up with inflation. Its not just a problem of debt repayment. Stay tuned. Edited January 15, 2023 by HappyInVan Link to comment Share on other sites More sharing options...
LouChamp Posted January 15, 2023 #34 Share Posted January 15, 2023 Aloha. At this point in time I am skeptical of anything a carefully worded statement from any cruise line executive says. They are up their lifeboats in debt and while I certainly hope it goes well for the industry and passengers as a whole, it will take a long time to reduce debt while at the same time reducing the passenger experience with all the cutbacks which seasoned cruisers are noticing. Link to comment Share on other sites More sharing options...
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