With Royal Caribbean due to report first quarter earnings and update its guidance on Thursday, followed by Norwegian Cruise Line in early May, brokerages like William Blair and UBS are forecasting stronger pricing in Europe. This springs from Europe's improving macroeonomic picture, reduced 2014 capacity and the continued recovery from ship incidents in 2012 and 2013.
Area residents and visitors bid farewell to Carnival Sunshine as it sailed on its first regular voyage from Port Canaveral Saturday. The Carnival Cruise Lines ship had just operated a special two-day cruise to the Bahamas.
Crown Princess, which made its maiden call at San Francisco April 7, is scheduled to become the first ship alongside at the port's new cruise terminal, Pier 27, on Sept. 18.
China's emerging cruise market has been energized by the Quantum of the Seas news, but in the US Royal Caribbean officials were put on the defensive by media who questioned if the line is turning away from its base and sacrificing yields. Some see South Florida, New York and even California as losing out.
'The world is changing. Our sourcing is changing,' responded Royal Caribbean International's Lisa Lutoff-Perlo, evp operations, during a US media briefing Thursday. 'We are trying to take a balanced view of deployment.' As for yields, 'Sometimes our decisions are strategic, not fin
Update: Union workers picketed Carnival's annual meeting over an issue related to a separate company where ceo Arnold Donald serves on the board. According to Bloomberg, workers at a packaging plant are in dispute with Crown Holdings, where Donald is a director. They're now boycotting the cruise fleet because of him.
Ten powerful brands together making a strong company—and that strength was needed in 201
Total ships: 25
Total berths: 74,811
Total Order Book Value:$17,630,800,000.00
Average Price Per Berth:$272,194