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Will there be consolidation within the cruise line industry?


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34 minutes ago, livingonthebeach said:

  Since this article came out before the CDC 100 day travel ban order last Thursday after the markets closed, it would be interesting to see if UBS is still recommending RCL stock and how the cruise stocks will open come Monday morning. 

There was an earlier report on the CDC website from Wednesday that originally had the days at 120 not 100.  I believe that the information was already public knowledge when the markets were open and the stock price would already reflect it.  Let’s face it, this just makes official what most people were expecting.  I can’t see anyone really thinking that they were going to resume cruising as normal in May. 

 

Heres the link to the withdrawn offer that was issued Wednesday

 

https://www.federalregister.gov/public-inspection/2020/04/08

 

Heres the original 120 day order.

pdf;charset=UTF-8&X-Amz-Signature=83e876

 

 

information courtesy of firefox247 who posted this on the 100 day thread. 

Edited by Ourusualbeach
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9 minutes ago, Ourusualbeach said:

There was an earlier report on the CDC website from Wednesday that originally had the days at 120 not 100.  I believe that the information was already public knowledge when the markets were open and the stock price would already reflect it.  Let’s face it, this just makes official what most people were expecting.  I can’t see anyone really thinking that they were going to resume cruising as normal in May. 

 

Heres the link to the withdrawn offer fined Wednesday

 

https://www.federalregister.gov/public-inspection/2020/04/08

 

Heres the original 120 day order.

pdf;charset=UTF-8&X-Amz-Signature=83e876

 

 

information courtesy of firefox247 who posted this on the 100 day thread. 


Oh okay -- that makes sense that it was already factored in. Thanks for the link. 

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On 4/6/2020 at 11:10 PM, John&LaLa said:

 

I think the opposite. Liquidate the smaller ships, stay close to home and the private islands. More revenue opportunities on the big girls

I wouldn't go on one of the "big girls" if it were free!

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3 minutes ago, fudgbug said:

I wouldn't go on one of the "big girls" if it were free!

 

Good for you, but that is the direction Royal is going.

 

Curious why you don't like them. Bad experience?

 

Unfortunately base on historical trends, it's the boutique lines that will likely restructure or fold once this sorts out

Edited by John&LaLa
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On 4/6/2020 at 9:42 PM, Got Out There said:

One thing you can’t speculate is when the cash runs out then something has to give. Not sure what the cruise lines cash burn rate are, but whatever it is it is not sustainable.  I guarantee beyond what has been in the press with regards to cash infusions (credit or otherwise)....there are a small group of top executives at each line that are searching for all options to survive.   And yes I do believe they are or will be fighting for their survival.  

No refunds is a good is evidence for their survival.

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5 minutes ago, John&LaLa said:

 

Good for you, but that is the direction Royal is going.

 

Curious why you don't like them. Bad experience?

 

Unfortunately base on historical trends, it's the boutique lines that will likely restructure or fold once this sorts out

Nickel and diming.  

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6 minutes ago, fudgbug said:

Nickel and diming.  

 

How does that relate to an Oasis Class.  

 

BTW, I experienced zero nickle and diming on my Allure crossing. Pretty much all we paid for was casino withdrawals 

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6 minutes ago, Ourusualbeach said:

???  There’s a whole lot more included stuff on the big ships than there is on the smaller ones.  What they charge for on one ship they charge for on all. 

 

Likely never sailed one

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I look forward to the day when a waiter from Chops comes by, while I'm eating breakfast, and asks if I would like to dine there that night. Although I'll say probably not, I'll be on a cruise! Oh, and how good are those mimosas going to be in the casino as I enjoy my free (almost because of casino perk) cruise!! And yes, I see the effect this virus is doing to the infected.....14 hours a day I see it. So if it's okay for those that don't want to cruise or don't want the FCC, I'll hold on to that daily dream as I go about my business......

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Doubtful.  The entire industry got whacked pretty hard to the same degree.  No company is really in a position to buy any other.  Instead, they'll be focused on their own operations and not really looking into acquiring new problems.

 

We're seeing this in other industries, too.  Companies that are in prime positions to be acquired aren't because the ones who would be the "buyers" are in their own turmoil.

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1 hour ago, fudgbug said:

Not unhappy - just don't sail on the big ships. 🙂 🙂

About the only things cruiseline-related that are smaller than the Sovereign are the lifeboats on current ships.

 

Maybe a Boston Whaler is more your taste?

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1 hour ago, DaniDanielle said:

We would only sail on the Oasis class if we didn’t have to fly to get to them.  The smallest ship we have sailed on was Celebrity Summit, which was nice for a change of pace.  However, even though we are old, we still love the big girls❤️

Oasis is supposed to be sailing out of NJ this summer.   But who knows. 

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