Articles tagged “cruise”

Rivals Royal Caribbean and Norwegian Cruise Line Team Up on Restart

Rivals Royal Caribbean and Norwegian Cruise Line Team Up on Restart

Helen Coster, Reuters

Cruise lines have a lot of work ahead to reassure passengers they're in safe hands after months of bad press. This partnership should help.

3 days ago

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

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

Rosie Spinks, Skift

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

3 weeks ago

The Travel Industry Refunds Conundrum: Survival Versus Doing the Right Thing

The Travel Industry Refunds Conundrum: Survival Versus Doing the Right Thing

Dennis Schaal, Skift

If you ordered a book and it never arrived, you'd expect a refund. Simple. But if you booked a hotel and couldn't get there because of lockdowns, you'd probably have to fight with the hotel or online travel agency for your refund — unless the government required cash back.

2 months ago

Royal Caribbean Pushes Sailings Back for a Third Time

Royal Caribbean Pushes Sailings Back for a Third Time

Rosie Spinks, Skift

Cruise lines have changed the date of their return to service multiple times now, and Royal Caribbean is no different. Despite selling cruises for the summer period, executives don't seem particularly bullish on the prospect of a full return to service in the near term.

2 months ago

Norwegian Cruise Line Preps for a Worst Case: 18 Months With No Revenue

Norwegian Cruise Line Preps for a Worst Case: 18 Months With No Revenue

Rosie Spinks, Skift

There was no chance any cruise line's first quarter was going to be palatable. Norwegian Cruise Line's position gives an idea of how long the industry might take to recover.

2 months ago

Norwegian Cruise Line Indicates It May Not Survive the Virus Crisis

Norwegian Cruise Line Indicates It May Not Survive the Virus Crisis

Nivedita Balu, Reuters

It's no secret the highly consolidated cruise industry is in trouble, but Norwegian Cruise Line is the first to indicate it may not be able to survive the crisis.

2 months ago

Luxury Hotel Competitors Join Forces and 17 Other Coronavirus Travel Stories This Week

Luxury Hotel Competitors Join Forces and 17 Other Coronavirus Travel Stories This Week

Dennis Schaall, Skift

This week's coronavirus-related travel stories included Hong Kong legacy hotel competitors seeing a common threat, Blackstone has a Hilton playbook, Delta's CEO looked for a three-year recovery, and Expedia's new CEO got a private equity lifeline.

3 months ago

Norwegian Cruise Line Reportedly Taps Goldman Sachs to Sell Stake

Norwegian Cruise Line Reportedly Taps Goldman Sachs to Sell Stake

Rosie Spinks, Skift

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.

3 months ago

The Great Travel Industry Recovery Debate and 12 Other Coronavirus Stories This Week

The Great Travel Industry Recovery Debate and 12 Other Coronavirus Stories This Week

Dennis Schaal, Skift

Bear or bull? There are diverging options about an economic recovery and McKinsey covered various scenarios. In other coronavirus stories this week, Booking Holdings applied for UK and Netherlands government relief, the U.S. travel industry has a wish list for the next relief package, cruise lines appear ready to defy a no-sail order, and hospitality students see the job market disappear.

3 months ago

Cruise Industry Defies New 100-Day ‘No Sail’ Order

Cruise Industry Defies New 100-Day ‘No Sail’ Order

Rosie Spinks, Skift

The cruise industry appears to be taking a contrarian stance to U.S. public health officials, a move that's baffling given the industry's need to rehabilitate its image.

3 months ago

Carnival Sells 8 Percent Stake to Saudis After Dire Financial Warning

Carnival Sells 8 Percent Stake to Saudis After Dire Financial Warning

Rosie Spinks, Skift

Carnival is facing two unprecedented crises: Lost revenue from the complete cessation of its cruising operations and an optics nightmare that puts the future of cruising's popularity in genuine doubt.

3 months ago

How Travel Brands Are Approaching TV Advertising Now

How Travel Brands Are Approaching TV Advertising Now

Dennis Schaal, Skift

Most travel brands aren't doing TV or much of any advertising now because of the pandemic. But for the ones still broadcasting spots, they'd better be very clever in terms of sensitivities, or risk brand damage.

4 months ago