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Articles tagged “carnival”

Coronavirus

Carnival and Royal Caribbean Receive UK Coronavirus Aid After Cruise Snub in U.S.

Given the longstanding critique of the cruise industry's business model, some critics were pleasantly surprised when U.S. Congress declined to give federal assistance to the industry back in April. Few noticed when the UK did just that as part of its Covid-19 corporate recovery package.

Rosie Spinks, Skift | 4 years ago

Carnival and Royal Caribbean Receive UK Coronavirus Aid After Cruise Snub in U.S.

Coronavirus

Carnival Expects to Burn $650 Million a Month While Cruise Operations Are Paused

When will Carnival cruise again? Company execs seem to be saying our guess is as good as theirs.

Rosie Spinks, Skift | 4 years ago

Carnival Expects to Burn $650 Million a Month While Cruise Operations Are Paused

Airlines

Covid Impact Knocks EasyJet and Carnival From Prestigious London Stock Exchange Index

It's a sign of the times: Two of the UK's most venerable travel companies are now not considered top blue chip companies.

Julien Ponthus, Reuters | 4 years ago

Covid Impact Knocks EasyJet and Carnival From Prestigious London Stock Exchange Index

Coronavirus

Carnival Plans to Set Sail Again, or Does It? Behind the Confusion and Controversy

This isn't the first time Carnival has announced a return to cruising in the last month. What's needed here is specifics on how things will be different (and safer) when ships set sail again.

Rosie Spinks, Skift | 4 years ago

Carnival Plans to Set Sail Again, or Does It? Behind the Confusion and Controversy

Coronavirus

Carnival Faces U.S. Congressional Investigation Into Its Coronavirus Response

Carnival's recent loans gave it about six months of breathing room to survive without almost no bookings. It needs to act decisively if it wants to restore public confidence in time to avoid an even larger crisis.

Sean O'Neill, Skift | 4 years ago

Carnival Faces U.S. Congressional Investigation Into Its Coronavirus Response

Coronavirus

Norwegian Cruise Line Reportedly Taps Goldman Sachs to Sell Stake

Like the other two major cruise lines, Norwegian Cruise Line is struggling to financially survive in a time when ships are docked and no revenue is coming in.

Rosie Spinks, Skift | 4 years ago

Norwegian Cruise Line Reportedly Taps Goldman Sachs to Sell Stake

Coronavirus

Travel Marketing Post-Crisis and 11 Other Coronavirus Travel Stories This Week

In our coronavirus in travel coverage this week, marketers will have to throw out the playbook post-crisis, Booking Holdings mulled dire financial scenarios, a devalued Airbnb secured new financing at unattractive terms, Flight Centre closed 800 travel agencies, and Carnival Corp. took a controversial investment from the Saudi government.

Dennis Schaal, Skift | 4 years ago

Travel Marketing Post-Crisis and 11 Other Coronavirus Travel Stories This Week

Coronavirus

Royal Caribbean Tries to Shore Up Finances to Cope With ‘Extraordinary Times’

Some of the major stories around the coronavirus outbreak have centered on cruise ships, and the industry is facing a public relations disaster. The likes of Royal Caribbean need to make sure they can withstand the worst so they can come out on the other side.

Reuters | 4 years ago

Royal Caribbean Tries to Shore Up Finances to Cope With ‘Extraordinary Times’

Coronavirus

Cruise Lines Relax Cancellation Policies, Hold the Line on Coronavirus-Related Discounts

While dealt a blow by coronavirus, the cruise industry is managing to hold the line on pricing, at least for now. The long-term impact of the crisis remains to be seen, but the cruise industry has weathered many others in the past.

Maria Lenhart, Skift | 4 years ago

Cruise Lines Relax Cancellation Policies, Hold the Line on Coronavirus-Related Discounts

Coronavirus

Grassroots Opposition to Cruises in the Caymans Looms as Larger Warning for Industry

A judge ruling on a citizen-led referendum in the Cayman Islands has, for now, sided with cruise opposition. While the battle is localized, it could point to wider industry implications for the cruise industry.

Rosie Spinks, Skift | 4 years ago

Grassroots Opposition to Cruises in the Caymans Looms as Larger Warning for Industry