The Royal Caribbean brand is 'synonymous with cruising in China' and the company intends to keep investing there, Richard Fain told analysts Thursday. At the same time, he welcomed growth in the market from competitors like the Carnival group because in China, cruising is 'still embryonic. Most people don't know about it.
Neil Palomba was promoted to president of Costa Crociere in Genoa and Budhy Sin Bok to president of Costa Asia, Shanghai, while the Costa Group plans to develop a marine operations center in Hamburg that could impact about 160 Genoa jobs, according to Italian sources.
From how China and Cuba may transform cruising to cultivating millennials and staying ahead of public health issues, safety and energy efficiency, specialty cruising and connectivity, Cruise Shipping Miami's roster of panel discussions features experts speaking on trends and timely topics.
Ships from US-based cruise lines may not be able to call at Cuba just yet, but a Miami-based destination expert is designing customized pre-/post-cruise programs to the island that involve people to people cultural exchanges.
Royal Caribbean shares slumped in pre-market trading Thursday after fourth quarter earnings came in under Wall Street forecasts. The company reported 'a good, but typical wave season,' with load factors and average per diems both ahead of the same time last year, and raised its 2015 profit guidance.
Total ships: 34
Total berths: 105,157
Total Order Book Value:$25,437,948,000.00
Average Price Per Berth:$272,961