from the article—”Most segments of the travel and tourism sector are well into the turnaround process. Carnival, Royal Caribbean, Norwegian Cruise Line, and to a lesser extent Disney are just trying to get started. The summer that seemed so promising earlier this year is coming undone.”
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Well, time makes all things clear, and the economics of the Cruise Industry is what I am interested in, besides just going cruising. -Tom
I am a little bit interested in looking at this sector for a recovery, which I would reckon might take roughly six months. Part of that has to do with the popularity of cruising in the Bahamas and the Caribbean during winter months for East coasters. I know that RCL dropped about five and a half dollars yesterday or the day before. Now I also think that the cruise lines are going to have to Discount heavily to re motivate people to cruise, and that should impair their profitability for a while. Nevertheless, on a slightly longer-term basis, I think the sector will recover. I also think that the airlines have completely and totally priced in a full-on recovery. And it is time to scoot out of those.
No mention of the CDC’s boot on cruise operator’s throats.
Thanks to RCL for allowing the CDC to put its nose in the tent.
It’s taken a federal lawsuit to put the agency back in their box.
I think FL, TX, AK and the other cruise lines should sue RCL for damages they brought upon the industry by voluntarily complying with the unauthorized mandates of a non-regulatory advisory agency.