Wednesday, September 30, 2009

Royal Cruise Operators

Royal Cruise Operators
By its purpose, a cruise is more than just a travel from place A to place B. A cruise is a vacation in itself. How many times, when you travel by train or by plane, you can say that you had an enjoyable vacation, or that you had spent a royal time? You’d rather describe [...]

By its purpose, a cruise is more than just a travel from place A to place B. A cruise is a vacation in itself. How many times, when you travel by train or by plane, you can say that you had an enjoyable vacation, or that you had spent a royal time? You’d rather describe it as a pleasant trip, that’s all. The vacation starts after you arrive. Well. with cruises, the vacation starts when you get on board of the ship. By the time you arrive at the final destination, your vacation is about to end, and most of the times, this harbor of destination is the same as the departure one.
The largest three cruise operators are Royal Caribbean International, Carnival Corporation and Norwegian Cruise Lines. Despite the fact that the oil price increased significantly over the past year, cruise operators claim they are still going to have a good profit this year. For example, Carnival predicted that in the third quarter of 2008 they expect to earn between $1.56 and $1.58 per share. Usually, on the stock market, royal cruise and the other companies sink together, as it happened in March this year, when shares of Royal Caribbean Cruises and Carnival decreased with 1.6%, respectively 1.3%.

Will a Royal Cruise Still Be Affordable in 2009?

This is hard to predict, if we think that the current crisis America is crossing will probably affect many categories of people. The rich will be tempted to save their money for difficult recession days, the poor will continue to struggle to live and pay the bills while not starving too much. However, there will still be vacations, the average people would still need to relax after one year of work, so there’s a probability that those people would still choose a royal cruise as their main vacation.
The high fuel prices had implications in the whole tourism industry, therefore all touristic packages became more expensive, not only the cruises. Besides, the private islands cruise liners offer to their passengers, with all attractions such as snorkeling, aqua parks, kayaking, parasailing and the possibility to reserve a private cabana on those exclusive beaches will always attract people.


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