Karaboudjan

It would be interesting to see the sort of breakdowns you are describing, but I suspect it would take a lot of work to get at that from the data that you would be given. But maybe you are a data analyst or Tableau hobbyist? 😉

The list is for ships operating in or planning to operate in US waters. If Dawn is in Europe for the summer she would not be participating in the CDC program.

What exactly does 'maintain price integrity' mean? Is he really referring to last minute pricing? Did NCL not reduce prices at the last minute pre-COVID? Or is he saying that they won't lower prices across the board for the sake of increasing occupancy? I have not listened to the call so I don't know if there is context that makes it clear what he means.

What wrong conclusions did I draw? I said 'through next spring.' That does not mean ending in the spring.

They say they reached positive operating cash flow in March and expect to maintain that in Q2. That's certainly not the end of the road back, but it seems like they can at least endure that for another quarter. As for last minute pricing, what is really left for costs to cover at that point? Even a deep discount probably covers the food and drinks. Also, it seems like onboard spend is big, especially now, and that spend is not discounted. In fact, I would bet that many people who get good deals are inclined to spend more onboard.

Here are some thoughts from Scott Gottlieb. Per this article he thinks vaccines will continue to be required through next spring, and testing for some additional time after the vaccination requirement goes away: https://cruise.blog/2022/04/former-fda-chief-talks-when-vaccine-requirement-cruise-ships-might-end