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Celebrity Millennium mechanical issue cost about $13 million in ticket revenue

Celebrity Millennium mechanical issue cost about $13 million in ticket revenue

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...
Is the Carnival Triumph strike three for the Cruise Industry?

Is the Carnival Triumph strike three for the Cruise Industry?

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...
Cruise Market Watch Announces 2013 Cruise Trends Forecast

Cruise Market Watch Announces 2013 Cruise Trends Forecast

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...
When to book your Caribbean Cruise for the best price

When to book your Caribbean Cruise for the best price

by Cruise Market Watch | Nov 1, 2012 | Cruise Market Community

The infographic below guides you on how far in advance you should book, and the season to set sail for the best deal on a Caribbean cruise.  This provides a framework for planning, from which you can then narrow down your specific destinations, cruise duration, cabin...
Best time to purchase a European cruise

Best time to purchase a European cruise

by Cruise Market Watch | Oct 23, 2012 | Cruise Market Community

Cruise prices vary not only based on destination, number of nights booked, cabin type and ship segment but are also dependent on the season you set sail and how far in advance you buy. The same cruise itinerary can cost you a lot less per person per day if you book...
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