How Royal Caribbean And Carnival Made A Comeback

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CNBC

CNBC

День тому

Royal Caribbean is leading the $61 billion cruise industry’s comeback. This comes just a couple of years after a 15-month pandemic era shutdown led to questions about whether the industry could ever recover. But the three public companies - Carnival, Royal Caribbean and Norwegian - are starting off 2024 with record breaking booking positions and pricing levels. Drawing younger audiences, smart cash management and strong pre-cruise spending have all been contributing factors.
Chapters:
0:00 Introduction
1:15 The dark days
2:25 State of the industry
6:05 Making a comeback
8:15 Looking ahead
Produced and Edited by: Ryan Baker
Senior Managing Producer: Tala Hadavi
Animation: Christina Locopo
Camera by: Timothy Fadek
Additional Footage: Royal Caribbean Group, Carnival, Getty Images
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How Royal Caribbean And Carnival Made A Comeback

КОМЕНТАРІ: 340
@reemro8760
@reemro8760 11 днів тому
Cruises will NEVER die. I work at PortMiami, home of the Icon of the Seas. And we are currently expanding and building new mega terminals. Soon we will honestly be the leading cruise port in America.
@Sean-C
@Sean-C 11 днів тому
PortMiami is already the leading cruise port in US
@mikefly562
@mikefly562 11 днів тому
@@Sean-C If not the world
@heinousanus9352
@heinousanus9352 10 днів тому
None of what you said means cruises will never die.
@localfarang
@localfarang 9 днів тому
Ew
@Bradgilliswhammyman
@Bradgilliswhammyman 8 днів тому
Icon is insanely expensive for a 7 day cruise, they need to lower the price on the interior rooms. Plus why am I getting charged for 2 people when I wanted to book as a single passenger.
@FrancisSiuChock
@FrancisSiuChock 11 днів тому
'Price quite low'...not a chance, especially compared to pre-covid pricing. I do understand that everything cost more now, but from a value standpoint and as well what the cruise lines are charging for additional activities that are not complimentary is insane! Supply and demand...really hope the deman starts to level off!
@Naomi-xu4hq
@Naomi-xu4hq 11 днів тому
It costs more for me to book a round trip flight, rent cars, and a hotel for 7 days than it does to go on a cruise ship. They have absolutely massive ships with plenty of activities for only $1-$2K per week. Which is an incredible price
@theambitiousalpaca4956
@theambitiousalpaca4956 9 днів тому
Still extremely affordable vacations. Pre covid pricing for everything was cheaper lol. Im getting cruises that sre averaging out to $100 a night. Thats a great deal considering it travels, free things to do on board plus all food. Name a decent hotel that are $100 per night. Then factor in food, activities. You’ll be coming out way higher price than a cruise. A weekend to orlando would cost me more than a week on a cruise ship
@lobotomydiff
@lobotomydiff 8 днів тому
it costs me $250 a person to book with carnival lol
@cooperallen7145
@cooperallen7145 5 днів тому
I mean so let's look at this, food, drinks, room and board, most on board activities, and all the stops are free. The avg 6 day cruise cost anywhere from 150-1500 per person. After tax.
@braaap2065
@braaap2065 3 дні тому
lol tell me you are broke without telling me you are broke. $1000-$1500 per week per person with room, food and activities is CHEAP.
@Dangic23
@Dangic23 11 днів тому
But cruising is turning into Spirit Airlines. It used to be all inclusive, but since the 2010s they have been partitioning services that were part of the cruise reservation and charging additional fees. I expect it will eventually apply to luggage too.
@Love2Cruise
@Love2Cruise 9 днів тому
Like airlines, the more you pay the more inclusive it becomes. Luxury cruises are still very inclusive when it comes to amenities onboard.
@lisabebesita
@lisabebesita 9 днів тому
They mentioned this in the video, they want to close the price gap between cruising and land vacations. Maximizing profits will never die lol
@lisabebesita
@lisabebesita 9 днів тому
@@Love2Cruise Yes, but you're paying at least double.
@Dangic23
@Dangic23 8 днів тому
@@Love2Cruise All lines used to be all inclusive, even on Carnival. There were no extra charges for anything other than Internet and alcohol package.
@chaseduckworth491
@chaseduckworth491 8 днів тому
This is why I like Virgin
@jbtallguy
@jbtallguy 11 днів тому
So they all bragged about jacking up prices artificially. Cool
@deepshotone
@deepshotone 9 днів тому
I was on carnival mardi gras last week. This was my 17th cruise., and 4th since the restart after the pandemic. Great time
@coachnike741
@coachnike741 7 днів тому
Me too lol
@jumpy2xstreaming
@jumpy2xstreaming 2 дні тому
How much does the carnival cruises tend to cost? And I don’t mean just tickets flights like how much around did you spend for the cruise on food drinks excursions?
@deepshotone
@deepshotone День тому
@@jumpy2xstreaming Great question. Curuise prices have gone up at least 25-30% since the restart of the pandemic. Keep in mind they had to recoup the missed revenue for being down for 18 months. Not to mention they have to cover the cost of so many new ships that have entered the fleet since 2020. As for Carnival you can expect to pay $1500-$2000 per person for their newer ships like Mardi Gras and Jubilee. The price will vary depending on the cabin type and and the floor you're on. example: inside cabins (no windows) and ocean view cabins are a lot cheaper than balcony cabins and suites. If you want a better value you may want to book one of their older ships. The older ships have fares that are under $1000 per person. But you'd be doing yourself a disservice by not going on one of the new ship. Food is included with your cruise fair so dont worry about starving. There's plenty of food to eat. As a option you can book a specialty dining restaurant. These normally coast $40-$50 per person but its totally worth it. But once again this is just an added option. Alcoholic drinks: Beer $6-$8 Cocktails/mixed drinks $12-$15 and wine $15-$18...If you and partner are average drinkers your bar tab at the end of the cruise (7day cruise) should be about $400-$600. In my opinion that's not bad for 7 days Excursions are usually $50-$80 per person Excursions usually last 4.5-5 hours The website that Ive been using for 17 years is called Vacationstogo.com .. They specialize in cruising. I highly recommend this company. They literally have 1000's of cruises to choose from and they are now taking bookings for 2026 sailings... If you want more info I suggest going on UKposts and search "cruising" There are lots of content creators that have tons of info on cruise ships, destination packing suggestions and everything in between. My favorite youtube cruise channels are : The ship Life La lido loca Life well cruised cruise tips TV Griff & Alyssa Ben & David Sorry to be so long "winded" but I hope that helps...
@user-vx7vi3vq1c
@user-vx7vi3vq1c 11 днів тому
I like the idea of a cruise. Just not the 3,998 other people on the cruise.
@followmeinthekitchen3877
@followmeinthekitchen3877 11 днів тому
😂😂😂😂😂 Then go be the next Jeff Besos and buy your private $500.000.000 boat.😂😂😂
@user-vx7vi3vq1c
@user-vx7vi3vq1c 11 днів тому
@@followmeinthekitchen3877 or I just don’t go on a cruise with 3000 drunks.
@sisenor4091
@sisenor4091 10 днів тому
I agree with you. The other 3,997 other people are annoying.
@theambitiousalpaca4956
@theambitiousalpaca4956 9 днів тому
Where do you go on vacation that you’re alone?
@KratomReviews
@KratomReviews 9 днів тому
@@theambitiousalpaca4956 If you really wanted to be away from people, could get a remote cabin on airbnb. Though for tropical, generally speaking, most beach resorts(as in private beach resorts, rather than resorts on public beaches, which are obviously also crowded) are not nearly as crowded, especially if not a mega resort(the highest capacity ones may be though) and if not during peak season. Less total people spread over a larger area. Though realistically, need much higher budget per night for land based tropical vacations.
@darlinnikki9514
@darlinnikki9514 12 днів тому
I don't agree with the change in the business model to raise prices based on land travel. Its an apples to oranges model. I cruised once on Norwegian and had a great time, but I learned that I was more interested in land travel and spending time walking the various countries and towns. I may chose to go on a cruise again, but if the prices between land and cruise are within a view hundred to $1k, I am going to choose land travel. I have more control then being stuck on a ship for weeks. Also factor in the weather, which effects your enjoyment on a ship. I got sea sickness and it was a horrible day for me. There is no way to feel better when you are sick and on a rocking ship.
@nam3go3sh3r3
@nam3go3sh3r3 11 днів тому
Don’t take cruises then. They will keep raising prices as long as people pay
@DEPUTYGETSOME
@DEPUTYGETSOME 11 днів тому
It’s not apples and oranges, it’s you prefer land vacation? So take land vacation? I prefer cruises… not because of a price comparison but because I enjoy the vacation more.
@r160aexpress5
@r160aexpress5 11 днів тому
@@DEPUTYGETSOME The sea smell never disappoints me and the fact you can get all the food you want onboard
@joeschmoe5231
@joeschmoe5231 11 днів тому
Because of inflation it's cheaper for the average family to cruise the Caribbean than to drive to Florida to visit theme parks.
@BrandonVBeats
@BrandonVBeats 11 днів тому
Went on a cruise in may 2023 & lived the experience!!!
@oliverkirk3343
@oliverkirk3343 8 днів тому
The thought of spending a week or two, trapped on a 5* floating prison with the general public gives me nightmares.
@Dangic23
@Dangic23 11 днів тому
Best vacation deal for your money. Food, entertainment, cabin, travel to different destinations on 1 trip, all for $100 a day.
@Dr.HouseMD
@Dr.HouseMD 11 днів тому
Cruising is incredible. Find a good deal, spend a lot of time on land when you’re in port, spend time with locals, skip the drink package. Bon voyage.
@enthused7591
@enthused7591 11 днів тому
And never have to drive. I live close to Cape Canaveral FL and even the locals here all love cruises.
@Dangic23
@Dangic23 11 днів тому
@@enthused7591 I lived in Florida but I’m burnt out of Caribbean routes so I would still have to fly to Seattle and Europe for cruises.
@Ephesians514
@Ephesians514 11 днів тому
I work at port canaveral, it's our busiest year ever! 800k passengers last month, 4 million since October ​@@enthused7591
@sidv4615
@sidv4615 11 днів тому
@@enthused7591 cape canaveral? dude that's like my dream city to live in. How often do you see rockets launch? Did you see the space shuttles land as well?
@theofficialpeterkim
@theofficialpeterkim 12 днів тому
Our family loves cruising. We try and go 2-3 times a year. Such a stress free way to vacation.
@wilsongv95
@wilsongv95 12 днів тому
I just came back from the Bahamas (I flew in) and it just makes more sense to do a cruise. you can see a lot more of the Carribean on a cruise than paying a private charter
@xocaitlinnpattz
@xocaitlinnpattz 9 днів тому
I LOVE cruising. I cruise 5 times a year and it’s such an amazing value and a great time. I don’t see me ever stopping
@AveMaria82100
@AveMaria82100 8 днів тому
I am so grateful that cruising made a comeback! My family and I went on our first cruise in September of 2023 and needless to say, I'm hooked. We're currently planning our next cruise for July of 2025.
@beekaye1496
@beekaye1496 11 днів тому
While cruising has it’s advantages, Copying what airlines do isn’t for the consumer but for the greed coming from the sailing industry.
@kalmbach22
@kalmbach22 8 днів тому
"Closing the gap between land based travel" seems like a bad model. Don't increase your costs to the customers, you may be over analyzing how many people choose cruising as preference over its substantial value.
@myusernameisthisduh
@myusernameisthisduh 7 днів тому
this is the dumbest thing ive read
@kalmbach22
@kalmbach22 7 днів тому
@@myusernameisthisduh which board do you sit on? Or do you own stock?
@mr.horseshoe2301
@mr.horseshoe2301 10 днів тому
Love cruising. Very affordable and no need to plan out a whole vacation. The cruise line does that for you. Just relax on the ship and enjoy where it takes you.
@slimpickens01
@slimpickens01 8 днів тому
If you pick a land destination get with a local travel agent who can customize your trip for you. Plus with them being local if any problems occur they can handle it immediately.
@WanderingExistence
@WanderingExistence 12 днів тому
Shaq is back at the Carnival!
@errolneal9789
@errolneal9789 11 днів тому
Can someone please share this presentation with the CC stock? I think it hasnt yet gotten the memo......
@MsPeggyCruise411
@MsPeggyCruise411 6 днів тому
All I know is, yesterday we were docked at a port, when RC held its sail away 🎈 🎊 🎉party‼️💃🏾💃🏾💃🏾💝💝💝I have never heard such wonderful singing and music 🎼 🤩
@toddr2265
@toddr2265 9 днів тому
Went on a cruise in February, going again in 2 weeks, and again in October. It’s a great way to see a little bit of a lot of places. It’s the sampler platter of travel.
@___beyondhorizon4664
@___beyondhorizon4664 11 днів тому
Im working in the cruise embark/ debarkation as a part timer. My co worker said carnival is like the Walmart for cruise lines 😅
@mystroharrison1173
@mystroharrison1173 7 днів тому
It is but worth it if u got a big family.. I got family of 6 and pay no more than 5k
@___beyondhorizon4664
@___beyondhorizon4664 4 дні тому
@@mystroharrison1173 I went on a traditional Nile River Cruise in Egypt in September 2021, it cost only $55/night. 3 buffets/day+ tea time. It was only 2 days voyage but it just the way I wanted it.
@JS-wi5lf
@JS-wi5lf 5 днів тому
I have been fortunate to work in the travel/cruise business for over 25 years and this here shows you, while the US economy is not perfect, it is strong. Travel demand in general is very, very high despite high inflation. When the economy starts to go south, the first thing people cut is leisure travel as it is not necessary.
@ralphaberin9384
@ralphaberin9384 12 днів тому
Before going on my first cruise, I absolutely was against them for being an old persons thing/human Petri dish/etc. But being broke and longing for a vacation, I got tempted by the Pandemic prices. Did a solo 7 day trip by myself. I’ve been on 5 cruises in the past 2 years and I’m in my mid 20’s. Solo, with friends, and with family and different cruise lines Carnival, Princess, Royal, and Celebrity. All of them have been the best times of my life.
@dopemusic6414
@dopemusic6414 12 днів тому
I'm still not sold. I have zero desire being in a sardine can with thousands of fishes
@Ryan-yw8iz
@Ryan-yw8iz 12 днів тому
I love cruising!!!!!
@alexbothwell3699
@alexbothwell3699 11 днів тому
I’m also in my mid 20’s. I’ve ever only been on carnival. How do you feel about Royal Caribbean?
@multatuli1
@multatuli1 11 днів тому
​​@@dopemusic6414 it's not like you're in a submarine, this is cruise ship with proven route perfected for years to avoid natural disasters. But personally I don't like the long route where you stucked on the ocean for weeks, I like shorter ones when you could visit various countries in one continent.
@kennethpreston9813
@kennethpreston9813 11 днів тому
I totally agree! I went from skeptic to “when can we go again” after my first cruise. Great vacation!
@Yomel123
@Yomel123 8 днів тому
First cruise in November and we had a blast. Itching to get back on a cruise. We can’t stop talking about it lol
@happyscrub
@happyscrub 8 днів тому
please pick carnival lol.
@Yomel123
@Yomel123 7 днів тому
@@happyscrub unfortunately we might have to. Want to go on icon but it’s way too expensive
@happyscrub
@happyscrub 7 днів тому
@@Yomel123 My stock will thank you :)
@Yomel123
@Yomel123 7 днів тому
@@happyscrub lol
@dbo789
@dbo789 8 днів тому
Carnival is the Spirit Airlines of cruise lines. You think you're paying less, but after all the fees you end up paying about the same for a crappier experience.
@myusernameisthisduh
@myusernameisthisduh 7 днів тому
False. All cruise lines are like this, not just carnival
@CandieP
@CandieP 5 днів тому
Crappier experience? A cruise is what you make of it. If you’re goal is to let lose and have fun, then you will have a great time no matter what cruise line you take.
@ReelFiends
@ReelFiends 11 днів тому
People are spending more because cruise lines have raised their prices across the board for everything. That seems like a misrepresentation on the part of the cruise lines.
@Bradgilliswhammyman
@Bradgilliswhammyman 8 днів тому
16 dollar milk shakes on the Icon of the Seas.
@MrBucketlist
@MrBucketlist 11 днів тому
The video could have been a short. I cruised before, during, and after the pandemic. They took a lot of things away and charged more to cruise.
@HermannTheGreat
@HermannTheGreat 9 днів тому
What did they take away?
@TotesMAGoats69
@TotesMAGoats69 9 днів тому
Its easy. Cruises are cheapest Dec-Jan and most expensive when kids are out of school. You can easily find a cruise thats less than $100/n. Cruises make thier money hoping you are a raging alcoholic or gambling addict. If you can do those two things in moderation. You can get by pretty cheap. Leaving on the Anthem for 12nights in 3 days. Man im stoked
@nekolu
@nekolu 9 днів тому
What if I’m a raging shuffleboard addict and want to beat the old retirement folks at the game?
@alfamaize
@alfamaize 12 днів тому
If we are going to call the cruise industry bad for the environment, then you HAVE to include air travel and shipping. Cruise ships are ~1% of all marine traffic, so they have a small impact compared to all the rest of the shipping. And by person, cruise ships use less fuel to get to a destination than an airplane. The only vacation that is truly green is to stay local.
@Freiheit1232
@Freiheit1232 12 днів тому
Well considering they dump their trash into the ocean, it's not really comparable
@alfamaize
@alfamaize 12 днів тому
@@Freiheit1232 What trash? The food? That's the only part that goes overboard. The rest of the garbage gets taken to ports. And much of it is recycled- paper, glass, metal, plastic, etc. And if cruise ships do it, then certainly, container ships will be as well.
@geomrithulantony1460
@geomrithulantony1460 12 днів тому
​@@Freiheit1232I don't know why people say cruise ships dump trash to ocean. THEY DON'T. I work as a engineer for a cruise line company . only waste we dump to ocean are 1. bathroom shower drain water 2. treat sewage
@tioswift3676
@tioswift3676 12 днів тому
⁠@@geomrithulantony1460Becuaee releasing SEWAGE into the ocean is perfectly acceptable 🙄
@geomrithulantony1460
@geomrithulantony1460 12 днів тому
@@tioswift3676I said treated sewage which indistinguishable from normal drinking water . Ships use millions dollar machinery to do this . And weekly testing of treated sewage is done ensure it quality
@Bradgilliswhammyman
@Bradgilliswhammyman 8 днів тому
I tried to book a rom for 1......and they kept trying to charge me 2x what the advertised price was. I don't understand what gives. Why charge for 2 adults when only 1 is going on the trip. Price was 800 dollars.....final total almost 1700. I said no thanks.
@TT-xj3si
@TT-xj3si 5 днів тому
Unfortunately that is & was the case even b4 covid. Bc they would b losing that double fare if only solos booked that room. The unacceptable is Celebrity has started to penalized solo with charging more than double the fare and the Icon pricing is utterly ridiculous.
@TilawatQuran-lu5mp
@TilawatQuran-lu5mp 12 днів тому
Amazing
@matthewhahn1132
@matthewhahn1132 8 днів тому
I am very glad with royal Caribbean and carnival cruise lines so well I feel sorry about Norwegian cruise lines
@timberwolfe1645
@timberwolfe1645 11 днів тому
Norwegian is amaz8ng abd taking a cruise is cheaper than a hotel! Only bad thing is having to ADD the flights to get to port
@AlanSmith88888
@AlanSmith88888 11 днів тому
Would love to try an RCL cruise one day. I remember shorting it during the pandemic and making good money. Shoulda had the patience to hold it on the recovery though. Easy 2-3x.
@x14inchdubsx30
@x14inchdubsx30 11 днів тому
been on RCL only a couple times (Adventure and Harmony) . I can't speak for the entertainment on other cruise lines buy RCL shows are wow!! alot of fun! Very entertaining! I would say if you go with RCL go on a oasis ,quantum or icon class ship. They are newer, bigger, and always something to do! The service is top notch as well. I'm planning on going on an Alaskan cruise at some point!
@Naomi-xu4hq
@Naomi-xu4hq 11 днів тому
They’re incredible! Me and my friends went on the Wonder of the seas! $1,500 per person and we got two dining restaurants. The premium restaurants taste amazing, the activities are so fun, and everyone has a good time
@brianpawlowski6498
@brianpawlowski6498 9 днів тому
I don't camp, but I sure as heck don't lecture the family with the Ram 2500 pulling that 32' fifth wheel behind it getting 9 miles to the gallon not to camp. I got the feeling from this story, especially from the travel guru, that I was being lectured that, yeah you can cruise, but it's not really good for the environment. Okay fine, so I guess you intend to swim to your vacation home in Punta Cana? Let me know how it goes.
@georgeg.7124
@georgeg.7124 11 днів тому
Really good review.
@CAHOP2401
@CAHOP2401 9 днів тому
Just finished a cruise on Oasis of the Seas and next year will be cruising on Icon of the Seas. Best way to spend a vacation in my opinion
@thomasschmidt6221
@thomasschmidt6221 7 днів тому
Pay $4k to spend more money on a floating “all-inclusive” ocean-going prison and travel days to spend less than 24hrs at some of the most touristy locations with the public. Sounds like an unsustainable business strategy. If raising prices is the only way to save an industry, it ain’t being saved. It’s being resurrected for certain doom again. Most peeps I here talking about cruises say they wouldn’t consider doing it again
@marsspacex6065
@marsspacex6065 3 дні тому
Cruise ships are also getting cleaner and more efficient. And they are also getting starlink.
@jacolen3791
@jacolen3791 7 годин тому
These days the boats are crowded af and prices are through the roof. No more cruises for me thanks.
@MagnusElpron
@MagnusElpron 11 днів тому
Damn this constant bells music is exhausting
@francoiannelli8758
@francoiannelli8758 11 днів тому
Currently 24 and still have yet to go on a cruise when already 97% of my friends and people I grew up with already had at least once or twice!!
@Bradgilliswhammyman
@Bradgilliswhammyman 8 днів тому
I am in my 40s and never been on one, don't feel bad.
@shamas.7823
@shamas.7823 3 дні тому
I love cruising - but with all the add ons - it's starting to get out of hand and I disagree - land vacations are cheaper unless you don't add the drink package - etc...
@EmmaCruises
@EmmaCruises 8 днів тому
Yesss we're back baby! This was very interesting, I'd love to see how MSC compares to these examples. 😁
@matthewhahn1132
@matthewhahn1132 8 днів тому
And Disney Cruise Line get so well too
@OHANA-BEACH-SUITES
@OHANA-BEACH-SUITES 9 днів тому
We love to CRUISE!!!🎉🎉🎉
@davidlodato9276
@davidlodato9276 7 днів тому
If they close the price gap with land based vacations much of the appeal of cruising will go away. Especially how they are bragging about the 20% spend up once on board.
@siegmanted
@siegmanted 11 днів тому
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@edwudiy
@edwudiy 11 днів тому
I think you're better off with majority investment in bitcoin and uprising equities because they always outperform. Alternatively speaking to a certified market strategist can help with pointers on which to acquire.
@siegmanted
@siegmanted 11 днів тому
Wow, massive gains! My partner recently hinted at going the same direction.. What did you invest in?, and who is your investment advisor please?, if you don't mind me asking in dire need of asset allocation.
@edwudiy
@edwudiy 11 днів тому
Elissa Dawn Sharon is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment.
@siegmanted
@siegmanted 11 днів тому
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals.
@MariaCarabin
@MariaCarabin 8 днів тому
I haven't cruised since the 90s (and only once, with Costa; Costa Victoria). Environmentally and living far away from any port (Europe), it makes no sense in my case. I live vicariously through Ben + David's videos of cruising. ;-) I'll stick to train travel...
@thedompatrinhoofficial
@thedompatrinhoofficial 8 днів тому
I went on a cruise in August 2023 and enjoyed it.
@noahc6246
@noahc6246 11 днів тому
Never doubted them
@MIAPhilly
@MIAPhilly 12 днів тому
This video could have been summed up in 5 seconds, government bail outs. Without that deal that allowed them to raise capitol off the gov and that bond program, this could have had a different path for them.
@patricec.2957
@patricec.2957 12 днів тому
wrong, the government didn't help the cruise companies because they are registered in tax havens.
@KRIPSYNODUTS
@KRIPSYNODUTS 12 днів тому
These cruise ships are not based in US like the airline. If they based in US they will never make a profit due to wages. They not even get any Covid funds as they not base in US. Only exception is Carnival Cruises did receive $6 billion in a backdoor deal after the Federal Reserve announced plans to buy “unlimited” bonds to free up capital for lenders to invest in companies crumbling under corporate debt, such as Carnival also it’s not a bailout.
@Freiheit1232
@Freiheit1232 12 днів тому
Weird how the free market doesn't apply to big businesses
@Dangic23
@Dangic23 11 днів тому
Cruises didn’t get bailouts.
@taxpayer6079
@taxpayer6079 11 днів тому
There was NO government bailout for cruises.
@Bum_Hip
@Bum_Hip 11 днів тому
If these cruise lines weren’t so preoccupied with avoiding paying certain American taxes, they could have been bailed out like the airlines. Makes me wonder why we ever bail out the airlines.
@asahel980
@asahel980 10 днів тому
Cruise is good if its around the world and youre allowed to go off boat for days I mean most great places are near seas and big rivers, and one of my dreams is to travel the world in an RV with a tow holding my bike , always on the road and the bike because driving the open road and feel the vastness and enjoy the full view of the scenery. Being an Oligarch(owning the world) must be nice its not impossible for them do that. money isnt a problem and visa dont apply to them.
@ericjones7769
@ericjones7769 10 днів тому
Can't wait to go on my very first cruise 💯💯💯💯💯💙💙💙💙🤍🤍🤍
@Neonapi
@Neonapi 11 днів тому
Yes! Scheduled another for August 2024.🚢 GO CARNIVAL!
@AllxLegitx808
@AllxLegitx808 9 днів тому
For some reason I learn about cruise after Covid and 2024 gonna be my first cruise
@moeunkanhara
@moeunkanhara 12 днів тому
Amazing news
@katlyn2781
@katlyn2781 11 днів тому
My last cruise was on Royal Caribbean 2019. I had a blast. I will plan on going back soon.
@geomrithulantony1460
@geomrithulantony1460 12 днів тому
Cruise ships are great value for money.They are more environmental friendly than cars and flights ✈️. With Carbon Intensity Indicator for cruise ships, Green House Gas emissions from cruise ships will be greatly reduced.
@sayanmitra9904
@sayanmitra9904 6 днів тому
Cruising - The best thing since sliced bread!
@kennethpreston9813
@kennethpreston9813 11 днів тому
Cruising demand is a secular growth story but the stocks are trading like the spike in demand is temporary. The growth in demand is really being driven by first time cruisers. As a first time cruiser myself, I can tell you that I had no interest whatsoever in cruising until I agreed to go on a cruise. We had one of the best vacations of our life on the cruise and we have already booked several more. Many of these first time cruisers, like myself, see the fun and value in cruising and we are now hooked on cruising. The forward P/Es on these companies are modest and their growth is exploding rapidly due to high demand/limited inventory…..sound like a good combination for higher prices and full ships. Appears that Royal Caribbean is a real standout in this market but not the largest operator. MSC is entering the U.S. market aggressively (see new Miami port facilities). I believe the secular bull story in cruising is intact
@insethurdle88
@insethurdle88 8 днів тому
Its absurd that you cover the so called "dark days" yet at 1:12 show the background picture of ships being destroyed and don't cover why. The cruse industry had to get cash to pay their debts during the pandemic, the way they did this was by scraping their ships (1:12 background pic). Those ships were good for another 10-20 years they had to be destroyed for cash. 9:30 Do you understand the amount of pollution it takes to scrap a ship of this size and also build another to replace it? Also basic supply and demand economics 2:45, "why are cruise ships recovering so fast with revenue" oh maybe its more because the demand is back pre covid (plus your normal growth rate that's relatively constant) but theirs a significant amount of less ships thus the ticket prices are more expensive than otherwise would be if they weren't forced to get rid of so many ships for cash Great journalism right here in this video......
@AlChemistInVitro
@AlChemistInVitro 8 днів тому
That is wonderful!
@templar1694
@templar1694 11 днів тому
Well if cruising is coming back. Time to buy their stocks again.🎉
@scottscaneh
@scottscaneh 6 днів тому
it's too bad all cruise lines are nickle and diming you now, Staff levels are cut in half and service is lacking now.
@tmmsplace
@tmmsplace 4 дні тому
Net Zero ? Easy… obligate your vendors to be net zero and trade with you for all the Dino juice you’re drinking. Alternatively, making all cruises by sail would also work
@maheshwaranparamasivan5177
@maheshwaranparamasivan5177 10 днів тому
Dont compromise on safety becUse the cruise is cheap. Our carnival freedom fire caught on fire in the middle of the ocean and it was quite scary.
@brandonharrison5050
@brandonharrison5050 6 днів тому
Good to know
@Hobbes4ever
@Hobbes4ever 12 днів тому
10:00 the US Navy will gradually retire their nuclear powered carriers maybe they could convert them to cruise ships
@JoaoSilva-yh4dg
@JoaoSilva-yh4dg 11 днів тому
From your lips to God's ears, son
@ShotBySanny
@ShotBySanny 7 днів тому
Just got off a cruise a few days ago. Room service wasn’t free anymore
@superiortoall22
@superiortoall22 11 днів тому
I’ve been on one cruise, it wasn’t bad but stopping at these touristy places I just felt like a wallet. I haven’t been on a cruise since, just traveling and making up my own itinerary.
@trekuhl3966
@trekuhl3966 11 днів тому
Oh the hypocrisy of the tree huggers. One of my best vacations for the dollar and I’ll be getting on 3 back to back to back cruises in May & June, Eastern Western then Southern Caribbean.
@MrLegendra
@MrLegendra 8 днів тому
No it isn’t my carnival cruise stocks are still below pre-Covid levels
@kwatrokantos259
@kwatrokantos259 11 днів тому
RCCL, also owns TUI Cruises right?
@jamilanderson3327
@jamilanderson3327 4 дні тому
Building cruise ship that uses hydrogen and form of natural gas. I cant remember what the other fuel is called that icon of the sea uses.
@wallingtonlin9208
@wallingtonlin9208 11 днів тому
I wonder what is the designed lifespan of a cruise ship like this?
@jehusaunders8482
@jehusaunders8482 11 днів тому
25 years
@ThecrazyJH96
@ThecrazyJH96 8 днів тому
“63 cruise ships owned by parent company Carnival Corporation emitted 43% more sulfur oxides, a group of harmful air pollutants, than all the 291 million cars in Europe in 2022.”
@carolssslife
@carolssslife 10 днів тому
I would like to go to coco cay Bahamas with Royal Carribean this year
@stefenleung
@stefenleung 11 днів тому
I think people just feel safe on a Cruise. You know, no falling door.
@whatever5922
@whatever5922 9 днів тому
Why doesn’t the Carnival president talk about cutting benefits for its employees?
@mirzaahmed6589
@mirzaahmed6589 11 днів тому
I'm not cruising until they stop charging single people extra fees.
@financialnews9151
@financialnews9151 11 днів тому
I don't understand the whole private island. I mean maybe once but would anyone want to go there over and over again?
@234567kenny
@234567kenny 10 днів тому
Are we forgetting the massive bailouts they received?
@santoshpal6747
@santoshpal6747 11 днів тому
We want former male voice actor in CNBC documentary films.🙏🙏🙏🙏🙏🙏 Please bring this person in your UKposts channel videos.🙏🙏🙏🙏 Great Request from lndia.🇮🇳🇺🇸
@Solarpunk_metropolis
@Solarpunk_metropolis 9 днів тому
Well to switch they can start by using hydrogen!!! Also covering it in solarpanels, lifting the ship up to glide on top of the water, ect
@GilaMunster
@GilaMunster 11 днів тому
Watching these CEOs talk creeped me out. Any way to be less obvious about corporate greed?
@mrbond9882
@mrbond9882 11 днів тому
They didn't. People were just super eager to get out after 2 years of not being able to. They'll be in hot water again in 10 years when people get tired of paying $24 for a McDonald's meal.
@kens805
@kens805 11 днів тому
Just got off my LAST Carnival cruise. Never again. Still waiting for my almost worthless Carnival stock to recover after several years.
@HermannTheGreat
@HermannTheGreat 9 днів тому
Why didn't you average down at $10/share?
@Dingdong3696oyvey
@Dingdong3696oyvey 6 днів тому
I’m totally overweight cruise stocks now.
@mildgom
@mildgom 11 днів тому
It is relatively cheap when everything is expensive in us
@Bunnies_for_Life
@Bunnies_for_Life 12 днів тому
Gotta love Royal Caribbean International! How is Carnival bigger than Royal Caribbean? That’s kind of astonishing!
@johnl.7754
@johnl.7754 12 днів тому
Well anything mass market (most people can afford) will be bigger than companies that serve upper market.
@omgness1234
@omgness1234 12 днів тому
Because they own other cruise companies, big ones being princess, holland and cunard
@RRLV434
@RRLV434 11 днів тому
Carnival owns lots of cruise brands
@multatuli1
@multatuli1 11 днів тому
​@@omgness1234 oof those companies are well known giving underpaid wages for workers from 3rd world countries
@Meowmeow.age.6
@Meowmeow.age.6 10 днів тому
My wife wants to go to Europe. I be like lets go on a cruise. We settled on Machu Pichu and the Galapagos islands. Cruise is next. I live in Hawaii so one that goes to Australia or Alaska and back would be nice.
@fintanbeirne7261
@fintanbeirne7261 9 днів тому
You might be able to catch a repositioning cruise from Hawaii to Australia in the autumn or the opposite from Hawaii to Alaska next march :)
@jc4418
@jc4418 11 днів тому
What comeback
@thomasmcmullen9499
@thomasmcmullen9499 11 днів тому
Love!
@srreventon
@srreventon 9 днів тому
During cov19 2020 there was a large ship under construction with largee then normal guest cabins. That was for the asian market The owners had to let it go WHO GOT THAT SHIP? and whats the name? Is tit the ICON?
@fintanbeirne7261
@fintanbeirne7261 9 днів тому
Icon was designed by royal for the Caribbean
@katrinaumana2127
@katrinaumana2127 12 днів тому
These ships 🚢 look look like guant amusement park. So yes I need togo on 1 with the family. Definitely on Royal Caribbean 🎉 I like to dance.
@robertshaver1612
@robertshaver1612 12 днів тому
Thank you. Insightful.
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