Recent stock price falls on the cruise line have fueled concerns about the company's performance and outlook. This article will discuss the most recent news regarding Royal Caribbean. We'll also examine the second quarter miss by the company, the COVID-19 crew's largely unsymptomatic condition, and the stock price. Also, we'll take a look at the company's fleet of ships, which is now updated and is expected to become more fuel-efficient over the next five years.
Royal Caribbean's 2nd Quarter Miss
Travel to the sea is becoming more expensive due to a new virus. Royal Caribbean Cruises Ltd. (RCL) is scheduled to report its second-quarter 2022 results on July 28. The company reported its last quarter results in error by 2.4%. Sales increased 4.148 percent to $2,163 million, beating the company's previous estimate of $214 million. The company had $2.1billion in cash and equivalents as of June 30.
Its outlook
Investors are waiting with bated breath for an update on Royal Caribbean's outlook. In the last three months, Royal Caribbean's stock fell nearly 11 percent. Carnival shares have dropped nearly as much. However, analysts are cautiously optimistic about the cruise line's prospects in the coming months. Royal Caribbean executives shared mixed opinions on Thursday regarding their business. They stated that the company was still far from its peak.
Crew members with COVID-19 infections are almost always symptomatic
The latest data from US Centers for Disease Control and Prevention (CDC), shows that 48 crew members and passengers aboard a Royal Caribbean cruise liner tested positive for COVID-19. The outbreak affected the Symphony of the Seas, a ship of the company's Oasis-class line. The vessel docked in Miami and was home to 6,091 people and crew members. The ship's passenger was infected.
Its stock price
If you are thinking about investing in Royal Caribbean, then you might be wondering what its stock price is. Royal Caribbean Group is a global cruise holding corporation based in Miami. The company is currently the second largest cruise operator in the world. As of December 19, 2018, its stock price has risen nearly 13% over the past year.
Its ships
While most cruise lines deploy over half their fleet to the Caribbean and the Bahamas, Royal Caribbean typically deploys most of its ships in the summer and in the winter. Twenty of its 25 ships were cruising in the Caribbean when COVID-19 took effect. It is predicted that seven times as many Chinese will be cruising over the next few years. Royal Caribbean has been deploying ships to the region in preparation for this rise in demand.
FAQ
What can you expect on a cruise?
Fun is the most important thing. You don't need to go overboard - just enjoy yourself.
There are plenty of activities available for everyone. You can always talk to someone if you feel bored.
Cruising is about enjoying your time and being relaxed. It's not about doing everything possible to ensure you see as much as possible.
There are many cruises that you can take, from short European trips to long Pacific voyages. The duration of the trip is determined by what you wish to accomplish during your vacation.
How do I select the right cruise line for me?
It's easy to pick the right cruise ship. Decide what kind of cruise you want to take. You might prefer a smaller intimate cruise, or one with many passengers. Consider how much you can afford. If you are looking to save money, consider cruises that offer all-inclusive packages. This means you don't have any extra cost for meals, drinks or entertainment. If you are considering a family cruise, ensure the lines you choose have great programs for children.
Why are cruise vacations so popular?
The appeal of cruises is growing because they offer a unique vacation experience for those who aren't interested in long flights or airport delays. You can also relax in a serene environment where you don't have to worry about your schedule or any other aspects of daily life.
Also, cruise ships make it easy to visit different locations on land or at sea. This gives travelers plenty of time for all the attractions and sights that are available in each location.
Statistics
- *20% Gratuities Apply on Free Unlimited Open Bar; Free Specialty Dining. (ncl.com)
- You can save 15% off the total price if you book in advance of your trip. (travel.usnews.com)
- The line estimates savings of 50% when you purchase this bundle. (travel.usnews.com)
- In addition, 10 to 15 percent gratuity is typically added to bar bills — for alcohol and soft drinks — and gratuities are applied to spa treatments. (cruiseline.com)
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How To
How to keep safe while on a cruiseship
On a cruise ship, there are many things you should know before embarking on your journey. So that you don't get in trouble, it is important to know how to behave aboard. These safety tips will make your trip more enjoyable.
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Always be aware of what is happening around you. People tend to gather together on cruise ships, especially at meals. You can easily become distracted by the chatter and food of others. This shouldn't distract you from the work you are supposed to do. If you notice someone engaging in dangerous behavior, such as smoking, or drinking alcohol, politely tell them to stop.
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Always keep your room key close to you when you board the ship, and hand over your room key to the person checking you in. They'll be able to find you quickly if you need it. Make sure you have your passport handy too.
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Keep your valuables out of sight. Many cabins have drawers underneath the bed. It is a good place to store valuables like money, credit cards, passports, etc. Be sure to keep nothing valuable out of plain sight. Your bags should be kept in the closet, so that no one can see them.
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Keep hydrated. Although cruise ships offer plenty of water, it can be difficult to remember to drink enough. Take advantage of the free bottled water available throughout the ship. Do not become dehydrated. You will feel tired and cranky which can lead to accidents or fights.
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Pay attention to the announcements. Announcements are posted everywhere, including on TV screens and public address systems. These announcements include safety procedures, emergency exits and weather reports. These announcements are important. They may save your life.
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Never leave your cabin unlocked. No matter how helpful a crew member appears, you should never leave your cabin unlocked. Unlocked doors are often used by thieves to gain entry. Ask a crew member first if you need to use the bathroom.
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Do not go overboard by yourself. If you fall overboard, it takes time for the ship's crew to rescue you. Sharks and other marine creatures might be attracted to you while you wait. Waiting until help arrives is the best option.
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It is forbidden to smoke in the elevator. These elevators are pressurized, meaning smoke can build up quickly. You should immediately get off if you feel dizzy, lightheaded or confused. It doesn't necessarily mean that breathing is safe, even though the outside air is clean.
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Know how to evacuate. Every year, thousands die from being trapped in an elevator. If an emergency occurs, follow the instructions on the screen.
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You should be familiar with fire drills. Fire drills are usually conducted once per day. Everyone on deck must evacuate when there is a drill. Follow the instructions of the crew members. When the drill is finished, return to the cabin and lock your door.
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Before accepting food or drinks, ask questions. Cruisers frequently experience food poisoning. Many people don't realize that certain foods aren't safe to eat while onboard a ship. Most cruise ships prohibit raw oysters. If you are unsure about the safety of the food, refuse to eat it and ask for another one.
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Use the pool with caution Many people have fallen into the pools by accident. You should not fall into the pools unless someone spots you. You can also slip and fall off the deck at any moment. You should always wear good footwear and be aware of your surroundings.