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What happened Happy days are here again for cruise line stock investors -- but will they last? After suffering four straight days of declines, shares of Carnival (NYSE: CCL) (NYSE: CUK) rebounded sharply this morning, So what Cruise stock fans are pointing to a new survey out from Cruiseline.com that shows 91.4% of respondents saying they plan to take a cruise "within the next year," and 34% saying they will cruise within just the next two to four months. And yes, that sounds like good news for cruise lines, but beware. Because the bad news could still be coming. Sometime...

The market's view of these travel and leisure companies is growing more pessimistic. What happened The terrible week for cruise line stocks continued on Thursday. Not only is the broader market's decline dragging down their share prices, but there are also fears that the companies are seeing pricing pressure for tickets. So what On Wednesday, Morgan Stanley analyst Jamie Rollo said in a report that he was worried that cruise line companies could ultimately face insolvency if their business conditions don't improve soon. And on Thursday, Citi leisure and travel sector analyst James Hardiman said during an interview on Yahoo!...

'Unmerited and Unnecessary': Cruise Industry Reacts to CDC's New Voluntary Guidance February 10, 2022 -- Cruise lines and industry officials are reacting to the new voluntary regulations set forth late Wednesday evening by the U.S. Centers for Disease Control and Prevention, which signaled it still considers cruising a high-risk activity despite having the most stringent protocols of any segment of the U.S.-based travel industry. The new guidance -- which includes the creation of three new categories of "vaccinated cruises," along with testing, reporting and isolation requirements that extend far beyond anything required on land by the CDC or local health...

Since the beginning of our fiscal year, [and Carnival's presumably speaking of fiscal 2022 here, so pay attention if you want to know how this current year is going], we have experienced an impact on bookings for our near-term sailings, including higher cancellations resulting from an increase in pre-travel positive test results and challenges in the availability of timely pre-travel tests. In addition, in the last few weeks we have seen a dampening of the booking activity for the second half of 2022 relative to 2019. In other words, customers are canceling trips in the first half of the year,...

The chairman and CEO of Genting Hong resigned on January 21, a clear sign that the once-thriving cruise company is slowly but surely unraveling. Tan Sri Lim Kok Thay founded the company in 1993 and gradually built it out to be the most significant cruise operation in Asia. However, after failing to pay debts due, an arrest issued by a US judge for one of the Crystal Cruises ships, reservations that have been put on hold, and stocks that have been halted from trading in Hong Kong, the end of the story seems near for the company that owns Dream...

This was finally the year that cruise lines began sailing en masse again, but the journey has been more Gilligan's Island than Love Boat. The New Year is also already starting on the wrong foot with a new sea storm moving in as fresh COVID-19 case counts hit all-time highs. It's not a very bon voyage. The hardest hit of the travel industries was hoping to end the year with an exclamation point. Instead we find ourselves heading into 2022 with another question mark. Rough waters It's taken a long time for the cruising industry to start up again in...

Cruise company stocks had been holding up remarkably well in December despite concerns about Covid outbreaks on ships and the rapidly spreading Omicron variant. But that's no longer the case.The US Centers for Disease Control and Prevention said Thursday that even vaccinated people should no longer take a cruise vacation. Shares of Carniva (CCL)l, Royal Caribbean (RCL) and Norwegian (NCLH) were each down about 1% to 2% Friday. Carnival's stock is now down about 7% this year while Royal Caribbean has plunged nearly 19% in 2021. Royal Caribbean shares are up 3%, but that lags the S&P 500's gain of...

Cruise Ships Continue to Visit Destinations Despite CDC Level 4 Travel Notices Why are cruise lines ignoring the travel notices issued by the CDC to avoid all travel to a specific country? Over the last weeks and months, we’ve seen numerous reports from the CDC stating that several destinations are not safe for travel. In the past, we’ve always looked to the Department of State for travel advice and whether or not traveling abroad to certain countries would be safe or not, although the CDC has always had its travel advice as well. With the CDC now more in the...

Cruise lines are expecting to welcome back more families with vaccinations for younger kits set to be approved. Several major cruise lines have indicated that they will be welcoming young kids back on board sooner rather than later. While it is technically possible for children under the age of 12 to sail right now with the most cruise lines, there is a whole list of testing requirements that need to be fulfilled—something which is putting families off cruising right now. Whether or not it does happen depends on the FDA approving Pfizer’s research into vaccinating children, something expected to happen...

The cruise lines have to deal with even more challenging CDC guidelines. The Centers for Disease Control and Prevention updated its guidance on Friday urging even some fully vaccinated potential passengers to refrain from sailing right now. Royal Caribbean and Disney have joined Norwegian Cruise Line in requiring teen and adult passengers to be fully vaccinated on Florida cruises. With the peak summer travel season essentially over before it started we turn to new challenges in the fall. Motley Fool Issues Rare “All In” Buy Alert Getting back to business has been harder than many people expected for the cruising...

Sunday, the judge said Florida failed to “provide a valid evidentiary, factual, or legal predicate” for banning requirements that passengers prove they’ve been vaccinated. Norwegian has shown that suspending the requirement will jeopardize public health, potentially causing “super-spreader” events wherever passengers disembark, she wrote. Florida separately sued the U.S. Centers for Disease Control and Prevention seeking to block federal cruise ship vaccination requirements. The CDC lost on appeal, but then made its guidelines non-binding, and all cruise lines operating in Florida have agreed to keep following the CDC’s instructions on a voluntary basis, the judge wrote.

The cruise industry has been buffeted by the pandemic this year, rising to meet several distinct challenges as it begins to restart its sailings out of the United States. The first challenge was getting test sailings approved by the CDC. Ten cruise ships across four major cruise lines have sailed or are currently sailing on test cruises from American ports. The test cruises are at a reduced capacity and differ in safety protocols by cruise line, but the majority of them require all crew to be vaccinated, as well as guests old enough to receive the vaccine. Despite the sometimes...

Passengers aboard the first 100% vaccinated North American cruise tested positive for Covid-19. Two passengers on the Celebrity Millennium, which is operated by Royal Caribbean, tested positive for Covid-19 during end-of-cruise testing which is conducted 72 hours before returning to the US. NEW: Passengers on First Fully Vaccinated North American Cruise Test Positive For Covid-19 By Cristina Laila Published June 10, 2021 at 6:45pm 1474 Comments Share (3.4k) Tweet Gab Share TelegramTelegram Clouthub Share Passengers aboard the first 100% vaccinated North American cruise tested positive for Covid-19. Two passengers on the Celebrity Millennium, which is operated by Royal Caribbean, tested...

Will you need a COVID-19 vaccine to cruise this year? With a growing number of cruise lines announcing plans to restart operations in the next few months, it’s become a pressing question for cruisers — and the answer isn’t always clear. In recent weeks, more than a dozen cruise lines have announced plans to require passengers to show proof of a COVID-19 vaccine before stepping aboard a vessel (including, over the weekend, Disney Cruise Line). At the same time, a few lines have said they would not require passengers to be vaccinated for COVID-19 — at least for now. But...

Yesterday, the CDC updated guidance regarding cruise ships resuming cruises from U.S. ports. However, there is still no timetable on when cruise lines can start back up. Last October, the CDC laid out a four phase approach to their Conditional Sail Order. Five months later, the CDC finally updated Phase 2 and added a new Phase 2B. The new phased approach is as follows: Phase 1: Mass testing and lab capacity building Phase 2A: Voyage preparation Phase 2B: Simulated (trial) passenger voyages Phase 3: Conditional sailing certificate Phase 4: Restricted passenger voyages However, many in the industry think that this...

For months now, all of the major cruise lines have asked would-be passengers to be patient while they worked through everything from the implementation of protocols to dealings with the Centers for Disease Control and Prevention. They’ve spoken to us in vague terms about what progress has been made, insisting that when they have answers, so will we. Yet when it comes to actual, solid information, they’ve been incredibly reticent. Not one line has stepped forward to spell out, in detail, how their talks with the CDC are going. Not one line has offered a detailed, comprehensive explanation of exactly...

Royal Caribbean had to bring its cruise ship Quantum of the Seas to port this past week after a passenger aboard the ‘cruise to nowhere’ tested positive for Covid-19. snip S&P Global Ratings said it has placed Royal Caribbean Group (ticker: RCL) on credit watch negative following the suspension of cruises. It did the same for NCL, a subsidiary of Norwegian Cruise Line Holdings (NCLH) that holds debt. In a press release this week, the rating firm said Royal Caribbean’s listing “reflects the heightened likelihood that we will lower our rating within the next few months, given a high degree...

Cruise News CDC Issues Framework for Conditional Sailing Order Until November 2021 The CDC has today announced that the No-Sail-Order will no longer be in effect from November 1, 2020. Instead, the CDC has announced a framework for a Conditional Sailing Order. While the Industry anticipated the favorable decision, the move can still be described as surprising. Dr. Redfield, the Centres of disease control director, had stated last month he would prefer a No-Sail Order to be in effect until February at the least. This decision comes after months of intense deliberations between the cruise lines, White House, and CDC....

While the cruise industry awaited a decision on the No-Sail-Order to be issued, the CDC now recommends that travelers defer all cruise travel worldwide. The decision from the CDC to issue this advice is surprising, to say the least. It will undoubtedly shock the cruise industry, which has been making positive noises in the last weeks about sailing to take place this year. Whether the advice is a precursor to extending the No-Sail-Order remains to be seen, but seems much more likely. What is the CDC saying The CDC has essentially heightened its travel advice from level two to level...

Cruise ship news today has cruise lines looking at the possibility of having to cancel all of their sailings out of North America for 2020 and 2021 because they could be sailing at only 30% to 40% occupancy with about 5% of their fleets to start according to a Wall Street analyst. The cruise lines would then re-schedule their itineraries for cruises they could actually deliver on and notify all of their customers when they can take their delayed cruises. There are millions of customers who have booked their cruises from as far back as 2018 for 2020 and 2021...