Concerns over the company's future and performance have increased due to recent stock price drops on the cruise line. This article covers the latest news from Royal Caribbean. We will also discuss how COVID-19 is largely asymptomatic and its stock price. We'll also look at the company’s fleet of vessels, which has been updated. This will make it more fuel efficient over the next five year.
Royal Caribbean's second quarter miss
A new variant of the virus is making travel to sea less affordable. Royal Caribbean Cruises Ltd. (RCL), is expected to release its second quarter 2022 results on July 28, 2018. The company's latest quarter's reported results fell short of the consensus estimate by 2.4%. Sales rose 4.148 percent, to $2,163 millions, exceeding the company's prior estimate of $214million. As of June 30, there was $2.1 BILLION in cash and its equivalents.
Its outlook
Royal Caribbean's future outlook is something investors are eagerly awaiting. The company's stock has fallen nearly 11 percent over the last three months, while shares of Carnival are down nearly as much. However, analysts remain optimistic about the prospects for the cruise line in the months ahead. Royal Caribbean executives provided mixed perspectives on its business Thursday, noting that it is still far away from its peak.
COVID-19 infected crew members are largely asymptomatic
The latest data from US Centers for Disease Control and Prevention (CDC), shows that 48 crew members and passengers aboard a Royal Caribbean cruise liner tested positive for COVID-19. The outbreak touched the Symphony of the Seas. It is a ship of the Oasis Class line. The ship, which docked at Miami, housed 6,091 passengers and crew. The ship's passenger was infected.
Its stock price
If you're considering investing in Royal Caribbean, you may be wondering how its stock price is performing. Royal Caribbean Group (formerly Royal Caribbean Cruises Ltd.) is a global cruise holding firm based in Miami, Florida. It is the second-largest global cruise operator. The stock price of the company has increased nearly 13% in the last year as of December 19, 2018.
Its ships
Royal Caribbean deploys the majority of its ships to the Caribbean and Bahamas in the summer, while most other cruise lines do so in the winter. Before COVID-19, the company had twenty of its 25 vessels cruising in Caribbean waters. In the next seven years, Chinese tourists will cruise seven times more. Royal Caribbean has begun to deploy ships to this region in preparation of the increase in Chinese travelers.
FAQ
Can you take a cruise without a passport?
You need a passport to travel the world. It allows you to visit any country without needing visas or other paperwork.
In some countries, you may not be allowed to enter if your passport isn't valid. A passport allows you to stay longer while traveling abroad.
How do I select the right cruise line for me?
It's simple to choose the right line of cruise. First, decide what type of cruise you would like to take. Are you looking for a smaller, intimate cruise or one with many people? Next, consider how much you are willing to spend. Look for cruises with all-inclusive packages if you're looking for something less expensive. This means you don't have any extra cost for meals, drinks or entertainment. You should also ensure that your cruise line offers good family programs if you're planning on a family trip.
Is food allowed on a cruise?
Yes! All cruises include complimentary food. For the best experience, you'll need to purchase beverages
Costs vary depending on the type of ship that you sail on. If you are cruising on a luxury liners, expect to pay $20-30 per person for every drink. For a smaller vessel, the cost of a drink will be around $10-15 per person.
These 4 factors determine the price of a cruise.
The most important factors that determine the cost of a cruise include the amount of time you wish to spend onboard, whether you prefer an all-inclusive package or how many people you intend to bring along and the type of cabin you booked.
Do I need to dress up on a cruise?
You don't necessarily need to wear fancy clothes or formal attire. Relax and be comfortable.
Statistics
- In addition, 10 to 15 percent gratuity is typically added to bar bills — for alcohol and soft drinks — and gratuities are applied to spa treatments. (cruiseline.com)
- For an example of savings, Royal Caribbean offers up to a 40% discount with a dining package. (travel.usnews.com)
- You'll need to budget around $80 per person per day for this option – and an additional 18% gratuity. (travel.usnews.com)
- If you're traveling alone, you may also need to factor in a single supplement, adding up to as much as 100% of the cruise fare. (travel.usnews.com)
External Links
How To
How to have a great cruise on your own
While cruises are ideal for couples, they can also be great for singles who are looking to enjoy their vacation without any hassle.
They allow you to explore a different part of the world while still getting all the comforts of home.
You'll have lots of time to yourself. There are always new and exciting activities around you.
Cruise ships offer many facilities, including bars, restaurants, swimming pools, gyms, spas, and casinos.
If you don't fancy doing anything, you can just relax by reading books or watching movies.
There are also special events such as concerts and shows, usually free of charge.
The food is excellent and there are many options available from buffets to fine dining restaurants.
You can eat when you want, wherever you want.
You can eat at the same table as someone else, or you can eat in your own home.
Many cruises allow passengers to bring their pets along to share meals.
Some cruise ships even offer swimming pools.
This allows you to spend the day relaxing or swimming in the pool.
A majority of cruise ships include saunas or steam rooms. These are great places where you can relax after a tiring day exploring the ports.
You can shower in your own room after you have returned to the main area.
You can treat a cruise ship like a floating hotel.
So a cruise is worth considering if you want to experience something new.
It is also a good idea bringing extra clothes onboard. This will save you time and allow you to quickly change when you get to your destination.