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Economy and the Cruise Industry

Cruises on sale, new ships on order, Europe getting cheaper. The cruise industry is unlike most U.S.-based travel businesses. Let’s take a look at the many ways in which the economy will affect cruising. The first thing you will notice is that cruise prices are already on sale. You can see the Carnival “October Recharge [...]

Inside the Cruise Business

Deutsche Bank downgraded Carnival Corp. from a “Buy” to a “Sell”. That¬†is like¬†shifting a Porsche from “fourth” to “reverse” as you cruise the Autobahn. Cruising is considered a “leisure” business as far as Wall Street is concerned. And as far as that goes, it is impossible not to be aware of the credit and cash [...]