RSSArchive for February, 2009

Trouble Brewing in Alaskan Waters

Royal Caribbean has already reported pulling out Serenade of the Seas from its Alaskan cruises in 2010. Only two ships will be left operating, Radiance of the Seas and Rhapsody of the Seas. The move by one of the major cruise lines was followed by Cruise West, as the small ship company told Juneau Empire that their ships will not be returning to Alaska this coming summer.
Royal Caribbean’s move may have been triggered by the fact that Juneau Empire implemented head taxes back in 2006. This reasoning was reiterated by John Binkley, President of Alaska Cruise Association, as $50 per [...]

Royal Caribbean’s Profit Plunges

At the start of the Wave Season, we saw major cruise lines dishing out some great deals in an effort to boost sales and profit for 2009. Royal Caribbean has been in the forefront of this battle, but so far none of their strategies seem to work as the company continues to monitor the season’s ticket sales. The discounts aren’t enough to lure in passengers, who have no money to spend on vacations.
Richard Farin, Royal Caribbean’s CEO, said that they “expect even more challenges in 2009” based on the sales during the last quarter of 2008. The downturn started way [...]