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Showing posts with the label Cruise Line Predictions

Predictions for the Cruise Industry Part III - Why Are Cruise Ships Being Scrapped?

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Cruise Industry Predictions -Cruise Lines are scrapping cruise ships well before their useful lives are over.   Now that the pause in cruise operations enters its fourth month, the future of cruising this year does not look good. As predicted earlier cruise lines are starting to dispose of ships well before the end of their natural lives. This action is being driven by a number of underlying circumstances. One is the lack of demand for cruises in the near future. In addition, some of these older ship's accommodations do not offer balcony cabins. Forward looking most passengers will desire balcony cabins due to the fear of an outbreak of coronavirus and fear of being quarantined in their cabin.  It is expected that the demand for inside and outside cabins will definitely be less and the cruise lines will be forced to sell those at a much steeper discount. For these older ships, which do not offer many balconies, the revenue generated will be far less than...

More Predictions For The Cruise Industry. - Part II

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More predictions for the cruise industry future. When will cruises start up again? These predictions are in addition to the prior predictions posted over a month ago. By the way most of the items predicted earlier are happening as you read this article. Previous Cruise Industry Prediction. These predictions are based on my 49 years of experience with the cruise industry and cruise ships.  Observing where we are at this point in time, the cruise industry is nowhere near returning to normal. This week Royal Caribbean and other cruise lines have drastically reduced staff. Crew contracts for many ships have been terminated early. Ships are being loaded with crew and will shortly head from Florida / Bahamas ports to China, Indonesia, the Philippines and other Southeast Asia ports where many cruise ship staff originate to bring them home since air travel arrangements cannot be made. These multi-month trips will remove these ships from being able to be readily activated for mont...