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 | 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 | Jan 22, 2012 | Cruise Market Community, Hot Topics
Thus far pricing* for sailings on Costa (all Costa ships, all sailing departure dates) has not changed since the Concordia accident on January 13, 2012. Click on graph below for advertised prices from January 7 to January 21, 2012. Note little or no change to the...
by Cruise Market Watch | Jan 14, 2012 | Cruise Market Community, Hot Topics
I’ve always been fond of the quotation “the law of flotation wasn’t discovered contemplating the sinking of things.” This has certainly held true for the cruise industry – growing the annual number of passengers carried nearly 5 times over the past 20 years. But...
by Cruise Market Watch | Oct 8, 2011 | Revenue, Stock
Cruise stocks have been on some ride over last few weeks. Both Royal Caribbean (RCL) and Carnival (CCL) touched new 52-week lows early this week, only to rebound with the overall market as stock prices whipsaw in reaction to the daily cycle of news out of Europe....