by Cruise Market Watch | Aug 21, 2013 | Cruise Market Community, Revenue
After the recent mechanical issues with the Celebrity Millennium, Royal Caribbean Cruises Ltd., which owns Celebrity Cruises, announced Tuesday the cancellation of the remainder of the ship’s seven-night cruise to Alaska and four additional cruises, when a faulty...
by Cruise Market Watch | Feb 16, 2013 | Hot Topics, Marketing, Revenue, Stock
The “Pop Tart Cruise” on Carnival Splendor November 2010 was greeted with curiosity and had little impact to bookings or ticket prices. The Costa Concordia January 2012 incident was greeted with shock. Bookings and prices did drop and while they have since...
by Cruise Market Watch | Nov 26, 2012 | Revenue, Stock
Now in its fifth consecutive year, we are proud to release our 2013 cruise market statistics. In that short span of time the industry has robustly managed both a “great recession” and a once in a century ship incident. The Costa Concordia and European sovereign debt...
by Cruise Market Watch | Oct 25, 2012 | Revenue, Stock
Royal Caribbean Cruises Ltd. (NYSE:RCL) stock priced gained as much as 12 percent today after its third quarter earnings announcement, closing up over 8 percent. The stock hit a new 12 month high. Carnival Corporation (NYSE:CCL) was also up, and its stock is near...
by Cruise Market Watch | Oct 20, 2012 | Cruise Market Community, Marketing, Revenue
A type of boomerang occurs for companies and victims that suffer tragic events. First is the event itself, which is followed many months later by its reemergence in the news during subsequent trails and lawsuits. And so it is with Carnival, Concordia passengers,...
by Cruise Market Watch | Aug 4, 2012 | Marketing, Revenue, Trends
Chinese grooms did not traditionally purchase diamond engagement rings for their prospective brides. It was only 20 years ago that diamonds begin to appear in engagement ceremonies among the Chinese elite. But smart marketing campaigns and the increasing purchasing...
