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  #1 (permalink)  
Old May 28th, 2012, 05:47 PM
Jason Leppert
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Default Royal Caribbean Bets Big on China

Royal Caribbean Bets Big on China
by Paul Motter

With three ships including the Voyager and Mariner of the Seas set to sail by 2013, Royal Caribbean is primed for Asian sailings.

05.28.12



Of all the cruise lines, it appears that Royal Caribbean is most adventurous in bringing cruises to new cultures. The line already boasts that more than 50% of its income comes from non-U.S. customers, and as time marches on they plan to permanently position more ships in far away places and re-style them for foreign taste.

The latest target market for Royal Caribbean is China, which is now one of the most successful bastions of Capitalism in the world. Most of us who remember Richard Nixon's controversial plan to "open the door" to the totalitarian Maoist Chinese regime in the 1970s are amazed at how well China not only assimilated, but actually came to dominate the world economy. China now makes everything from complex computer products to designer clothes. But most surprising is the burgeoning middle class who also now wants to consume these same products.

Read more: Royal Caribbean Bets Big on China

What do you think about the booming cruise market in China?
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Old June 1st, 2012, 06:36 PM
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Paul,

You realize that until RCCL came to China the only real line was Star Cruises, which owns NCL & (part of) Harrah's. I was told on one of my recent cruises (by a casino manager that used to work aboard a Star ship) that the revenue from gambling was something to be beleived. Royal will have to step up its act to compete with Star in the gambling department.

I was told that there were many players whom played $100,000 Dollar hands of Baccart, which is something unheard of on a ship. Star's gambling operation has brought them billions, with the following quote by the Casino GM "they sucked Asia completly dry".
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Old June 1st, 2012, 07:28 PM
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I hope RCCL makes a go of it and takes a LOT of its ships out of Europe permanently.

Makes sense - Chinese gamble heavily; European cruises are heavily discounted and I can return to wandering around Europe w/o all the hoards

Win,win for me.

Annie
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Old June 3rd, 2012, 03:07 AM
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Quote:
Originally Posted by anniegb View Post
I hope RCCL makes a go of it and takes a LOT of its ships out of Europe permanently.

Makes sense - Chinese gamble heavily; European cruises are heavily discounted and I can return to wandering around Europe w/o all the hoards

Win,win for me.

Annie
From what I witnessed and through my talks with the Casino Managers Brazil was a bust for both gambling on drink revenue. From what I was told, the cruises had amoung the worst casino revenue, few Brazillians understood the games. Thus notice that all the RCCL ships have left Brazil and South America.
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Old June 3rd, 2012, 05:30 AM
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Quote:
Originally Posted by gkbii View Post
From what I witnessed and through my talks with the Casino Managers Brazil was a bust for both gambling on drink revenue. From what I was told, the cruises had amoung the worst casino revenue, few Brazillians understood the games. Thus notice that all the RCCL ships have left Brazil and South America.
What relevance has Brazil to China? Chinese gamble on everything.

Annie
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Old June 14th, 2012, 07:44 AM
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Quote:
Originally Posted by anniegb View Post
What relevance has Brazil to China? Chinese gamble on everything.

Annie
Right, which is why I believe RCCL moved it's ships from Brazil to Asia.
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Old June 30th, 2012, 11:58 AM
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I see it is the same. Chinese gamble is everywhere available on the internet
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