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☆ California's new 'Honest Pricing Law' will require cruise lines to be transparent about fees
▼ + stars: | 2024-05-19 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

Read previewA new California law will force cruise lines to be more transparent about their prices, bolstering a Biden administration crusade against junk fees. Senate Bill 478, also known as the "Honest Pricing Law," will go into effect on July 1. AdvertisementA Carnival Corp. representative told the outlet it would follow guidelines set out by the "Honest Pricing Law." Carnival Corp. is the parent company of brands like Carnival Cruise Line, Princess Cruises, and Holland America. Royal Caribbean cruise ship.

Persons: —, Biden, Bill, general's Organizations: Service, Business, Companies, Royal Caribbean International, Norweigan, The Washington, Corp, Carnival, Princess Cruises, Holland America, Royal Caribbean, Celebrity Cruises, Royal, Carnival Corp, Cruise, Federal Trade Commission Locations: California, Royal Caribbean

☆ Help! Our Cruise Operator Went Bankrupt and We Are Out $17,905.
▼ + stars: | 2024-05-16 | by ( Seth Kugel | ) www.nytimes.com time to read: +3 min

Dear Tripped Up,In September 2022, I booked a 17-day Arabian Sea cruise through Vantage Travel Services to celebrate my 80th birthday with my wife. I used my credit card to leave a $2,000 deposit and paid the remaining $17,905 shortly afterward by bank transfer. I also bought the Worldwide Trip Protector plan from Travel Insured International (for $1,954), in part because it covered financial default and bankruptcy of cruise lines. My credit card returned the $2,000, and I filed an insurance claim for $17,905. For nearly five months, Travel Insured International and its parent company, Crum & Forster, did not respond to my detailed inquiries.

Persons: Michael, Forster, Amy Whilldin, ” Organizations: Vantage Travel Services, Travel, Vantage, New York State Department of Financial Services, Crum, New York Department of Financial Services, New York Locations: Smithtown, Boston, New York, Pennsylvania, New York State

☆ I go to Disney World at least once a month. Tourists keep missing out on these 5 underrated things.
▼ + stars: | 2024-05-11 | by ( Megan Dubois | ) www.businessinsider.com time to read: +1 min

I go to Disney World at least once a month, and I've found underrated things most tourists miss. On days when I'm not going to the theme parks, I love playing mini golf with family and friends. AdvertisementI've been going to Disney World for over 30 years, and as an adult, I visit at least once a month. The company is putting $60 billion into its global theme parks and cruise lines — including significant additions and renovations across the Disney World parks — so there's more to do every visit. But with all the expansion, most tourists probably miss the underrated activities I've discovered across the property.

Persons: I've, I'm, — Organizations: Disney, Service Locations: Disney Springs

☆ I worked remotely from a cruise ship for almost a month and it was hard but I'm doing it again
▼ + stars: | 2024-05-09 | by ( Jamie Killin | ) www.businessinsider.com time to read: +5 min

Tony Fernandes, CEO of UEGroup, managed his company from a cruise ship for 21 days. AdvertisementThis as-told-to essay is based on a conversation with Tony Fernandes, a 60-year-old founder and CEO of UEGroup based in San Francisco, about his experience working remotely on a cruise ship. In November, I embarked on a trip where I spent several weeks leading my company from a cruise ship with my wife. Expect very slow internet serviceOne thing I didn't realize prior to the trip was that the cruise ship had only one satellite connection shared by thousands of people. If you live or work on a cruise ship and would like to share your story, please email mlogan@businessinsider.com.

Persons: Tony Fernandes, Fernandes, —, It's, We're, You've Organizations: Service Locations: San Francisco, Europe, Singapore, Thailand, Malaysia, Japan, Portugal, California

☆ Ahead of retail earnings, here's what we know about the consumer so far
▼ + stars: | 2024-05-07 | by ( Robert Hum | ) www.cnbc.com time to read: +5 min

There are signs that the U.S. consumer is still spending, especially on experiences. But stubbornly high prices are squeezing consumers with lower incomes, pressuring everyday purchases and corporate profits. Broadly speaking, credit card companies like American Express, Visa and MasterCard have described spending trends as "relatively strong," "relatively stable," and even "healthy." Priceline parent Booking Holdings told analysts there are no signs consumers are taking shorter vacations or trading down in their hotel choices. McDonald's added that "the consumer is certainly being very discriminating in how they spend their dollar."

Persons: Brandon Bell, Morgan Stanley's Michael Wilson, Morgan Stanley, Mike Stocker, Stanley Black, Decker, —, Anton Pinsky, Beata Zawrzel, Laxman Narasimhan, Shack, Domino's, Pavlo Gonchar Organizations: Getty, Home Depot, Walmart, American Express, Visa, MasterCard, PayPal, Booking Holdings, Las, Port, Tribune, Service, Consumers, Whirlpool, Corp, Starbucks Corp, Nurphoto, Lightrocket Locations: Austin , Texas, U.S, Las Vegas, Port of Miami, Krakow, Poland, Russia, Ukraine

☆ Cramer says he's willing to pay up for Viking, the biggest IPO of the year
▼ + stars: | 2024-05-02 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Thursday reviewed the IPO of Viking , a cruise line whose market debut this week was the biggest of the year so far. And despite its hefty price tag, Cramer said he's willing to pay up for the stock. Viking stands apart from much of the competition — its ships don't have casinos, children aren't allowed, and it specifically targets a wealthy consumer. He conceded that Viking doesn't have a perfect balance sheet, but neither do the other publicly-traded cruise lines. But to Cramer, Viking deserves a premium.

Persons: CNBC's Jim Cramer, Cramer, he's, aren't, it's, Cramer , Viking, Viking's, Viking Organizations: Viking Locations: Iceland, Egypt

☆ After traveling with most major cruise lines, I'd only book a trip with 2 of them again
▼ + stars: | 2024-05-01 | by ( Carly Caramanna | ) www.businessinsider.com time to read: +1 min

I'm an avid cruiser and have gone on more than 15 trips with most of the major cruise lines. However, moving forward, I'll probably only book with Disney Cruise Line and Royal Caribbean. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs an avid cruiser of over 30 years, I've gone on more than 15 trips on most of the major cruise lines, and can understand why people love cruising so much. And 2024 is shaping up to be the year of cruises, with 36 million people expected to cruise this year.

Persons: —, I've Organizations: Disney Cruise Line, Royal Caribbean, Disney, Service, Business

☆ Viking CEO: We are very different from big cruise lines
▼ + stars: | 2024-05-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailViking CEO: We are very different from big cruise linesTorstein Hagen, Viking CEO, joins 'Squawk on the Street' to discuss why Hagen founded the company, whether the strategy of similar cruise ships will work over time, and the company's target demographic.

Persons: Torstein, Hagen Locations: Torstein Hagen, Viking

☆ Princess Cruises is taking a page out of the ultra-luxury cruise industry with new all-inclusive, $3,000 cabins
▼ + stars: | 2024-05-01 | by ( Brittany Chang | ) www.businessinsider.com time to read: +4 min

Princess Cruises says its new Sun Princess and upcoming Star Princess will have all-inclusive cabins. It's a stark contrast to the high-end cruise industry, where all-inclusivity is often considered the standard. In 2024, Sun Princess' Sanctuary cabins start at more than $3,000 per person for a weeklong Caribbean cruise in mid-December. Princess CruisesThe cruise line says its next ship, Star Princess, which will debut in late September 2025, will also carry the Sanctuary Collection. Following in the footsteps of high-end, all-inclusive cruise lines could be a wise decision for Princess.

Persons: who've, —, Princess, Cruises Organizations: Cruises, Service, Princess Cruises, Carnival Corp, Regent Seven Seas, Princess Premier, cabanas, MSC Cruises, HX, Hyatt, Marriott Locations: Royal Caribbean, Norwegian, Caribbean

☆ I work from a cruise ship for 3 months a year. Here's how I stay productive at sea.
▼ + stars: | 2024-04-24 | by ( Elle Hardy | ) www.businessinsider.com time to read: +6 min

We live in an Orlando rental, but I run the travel-planning business from a cruise ship for three months out of the year. Video calls can be dicey, but voice calls over WiFi work wellMost of my work is using emails, social media apps, and a web browser, so I don't tend to have problems. The upload speed is the most difficult thing about working on a cruise ship. Cruise ships are comparable to remote working spaces, but they offer so much more. Meeting places are usually free on a cruise ship.

Persons: —, Walter Biscardi, Walter Travel, I'd, we'll, I've, Lady Organizations: Service, Business, Royal, Voyages, Virgin Voyages, YouTube, Virgin Locations: Orlando, Atlanta, Royal Caribbean, Oceania

☆ I worked on cruises for 3 years. Here are 6 things I'd never do on board.
▼ + stars: | 2024-04-17 | by ( Tammy Barr | ) www.businessinsider.com time to read: +5 min

Here are six things I'd never do on a cruise after working on them for three years. So, even though I enjoy lobster, I stick with the items without the upcharges. Related storyI prefer to buy as I go and take advantage of happy hour and other drink specials that are available on certain cruise lines. AdvertisementSome cruise lines are better than others at wiping down commonly touched surfaces, but I don't take any chances. Wear my room key around my neckI never walk around the ship with my room key around my neck, and I especially never do this when on land.

Persons: —, it's, I've, norovirus, I'd, Tammy Barr Organizations: Service, Business Locations: Manhattan

☆ Goldman's top trades for earnings
▼ + stars: | 2024-04-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman's top trades for earningsJohn Marshall, Goldman Sachs head of derivatives research, joins 'Money Movers' to discuss the top idea from Goldman's list of top tactical trades, the cruise lines Goldman favors, and much more.

Persons: John Marshall, Goldman Sachs, Goldman

☆ Ultrawealthy cruising: See inside Royal Caribbean's most extravagant upgrades and a $100,000-a-week cabin on its Icon of the Seas
▼ + stars: | 2024-04-09 | by ( Brittany Chang | ) www.businessinsider.com time to read: +1 min

Royal Caribbean's Icon of the Seas has high-end upcharge options like a $200-per-person dinner. See what a vacation on the world's largest cruise ship is like for affluent travelers. AdvertisementAre you looking to ball out on your weeklong vacation aboard the world's largest cruise ship? And there's likely no better example of this than Royal Caribbean's new world's largest cruise ship. On the 9,950-person Icon of the Seas, affluent travelers could have a vacation that rivals even the most luxurious small-ship cruise.

Persons: — Organizations: Royal, Service

☆ Disney's parks are its top money maker — and it plans to spend $60 billion to keep it that way
▼ + stars: | 2024-04-07 | by ( Sarah Whitten | ) www.cnbc.com time to read: +12 min

It had been more than a year since the Covid pandemic had forced Disney's domestic parks to shutter, but D'Amaro, chair of Disney's experiences division, was confident guests would flood back in when the gates reopened. Revenues fell 35% in 2020, a nearly $10 billion decrease from the $26.2 billion the experiences division had tallied in the year before the pandemic. The experiences division posted record revenue of $32.5 billion in fiscal 2023, a 16% increase from the prior year. Its innovations, from ride mechanics and animatronics to creature design and immersive architecture, have made Disney's parks a standout in the industry. Storytelling is at the heart of everything across Disney's experiences division.

Persons: Mickey Mouse, Ian Langsdon, Josh D'Amaro, D'Amaro, Bob Chapek, D'Amaro —, Walt Disney, King Arthur Carousel, Christian Thompson, you've, it's, Bob Iger, Nelson, Walt Disney Imagineering, Rey, Kylo Ren, Judy Hopps, Imagineers, CNBC —, Lewis, Disney, Imagineering, Matt Stroshane, Alan Bergman Organizations: Paris, Afp, Getty, Gibson, Disney, Walt Disney Imagineering, Hong Kong Disneyland, Walt Disney, Guardians, Magic Kingdom, Epcot, Star Wars, California Disneyland's, Walt Disney Imagineering's, Disney Engineers, Force, Southwest, CNBC, Galactic, Marvel Locations: California, Burbank, Disneyland, Hong Kong, Shanghai Disneyland, Florida, Epcot, Magic, Wharf, Disneyland's, Disney's, Edge

☆ Don't be surprised if you get left behind when you're late back, says TikToker on the cruise that left 8 passengers stranded
▼ + stars: | 2024-04-04 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Eight passengers were left stranded on São Tomé and Príncipe after missing a cruise ship's boarding deadline. After missing the boarding deadline, the eight people were stuck in São Tomé and Príncipe, an island nation of some 220,000 people off West Africa. It took them six days to get back on the Norwegian Dawn cruise ship, as they missed a chance to re-embark in Gambia before finally getting on board in Senegal. AdvertisementShe explained that cruise lines will hold the ship for passengers on an excursion organized by the company. Jill Campbell, one of the stranded passengers, told NBC News she believed Norwegian Cruise Line had fallen short in a '"basic duty of care."

Persons: —, Gracie O'Connor, O'Connor, Tomé, you've, Jill Campbell Organizations: Service, Norwegian, NBC News, Norwegian Cruise Locations: Norwegian, West Africa, Gambia, Senegal

☆ Comeback stories? These stocks have underperformed but are expected to do well
▼ + stars: | 2024-04-01 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Multiple stocks are lagging the market this year, but Wall Street says don't write them off yet — they could soon be due for a turnaround. With this in mind, CNBC Pro screened for stocks in the S & P 500 that might be positioned for a rebound this year. Shares were down 2.3% in 2024 thru the open Wednesday March 27, but the average price target implies around 22% upside potential, according to FactSet. Match was also highlighted as one of Goldman Sachs' favorite asset-light stocks earlier this month. According to the consensus analyst price target, the stock could rise 20.1%, per FactSet.

Persons: financials, Goldman Sachs, Fred Imbert Organizations: CNBC Pro, UnitedHealth, Caesars Entertainment, LSEG, Lines

☆ Seven Seas Splendor: World cruise offers swanky suite for $1.7 million
▼ + stars: | 2024-03-29 | by ( Francesca Street | ) edition.cnn.com time to read: +4 min

The cruise line is pitching this 2027 voyage as a “once-in-a-lifetime experience” on board its Seven Seas Splendor liner. The living room area of the Regent Suite, available for $1.7 million on Regent Seven Seas Cruises' upcoming 2027 world cruise. Onboard decadenceWhether guests opt for the Regent Suite or not, prospective Regent Seven Seas Cruises travelers should expect onboard decadence. Cruise line president DeMarco told CNN Travel that the fact Regent Seven Seas’ world cruise is “truly all-inclusive” means there’s “value” associated with these high costs. The cruise line is currently operating a sold-out 2024 world cruise on board its Seven Seas Mariner cruise ship, while its 2025 world cruise also sold out in what Regent Seven Seas’ claimed was “record time.” The cruise line’s 2026 world voyage still has suites available at time of writing.

Persons: CNN —, Andrea DeMarco, there’s, DeMarco, Joan Miró, Picasso, filet mignon Organizations: CNN, Regent Seven Seas Cruises, CNN Travel, Regent, Regent Seven, Suite, Regent Seven Seas, Seas, Norwegian Cruise Line Holdings, Seven Seas, Seven Locations: Bali , Sydney, Mumbai

☆ An ultra-luxury cruise line wants travelers to live on its cruise ship for 4.5 months while it sails to 40 countries — for up to $1.7 million a suite
▼ + stars: | 2024-03-27 | by ( Brittany Chang | ) www.businessinsider.com time to read: +1 min

Regent Seven Seas Cruises' 140-night 2027 world cruise would sail to 71 destinations across 40 countries. The ultra-luxury cruise line's annual around-the-world voyages often sell out fast. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . If your answer is incredibly niche and something like "move onto a ship for four months while it sails to six continents," Regent Seven Seas Cruises has you covered. Like other luxury cruise lines, Regent Seven Seas operates annual monthslong world cruises, many of which have sold out.

Persons: —, you've Organizations: Seven Seas Cruises, Service, Seven Seas, Regent Seven Seas, Business

☆ Cars, sugar and cruises: How the Port of Baltimore closure could hurt the economy
▼ + stars: | 2024-03-26 | by ( Mark Thompson | Chris Isidore | ) edition.cnn.com time to read: +8 min

The Port of Baltimore said in a post on X that vessel traffic was suspended until further notice, but trucks were still being processed at its terminals. It said it would discharge cargo destined for Baltimore in other ports nearby, but Maesrk warned customers that could mean delays. Closer to the Midwest than any other port on the East Coast, Baltimore is a major hub for vehicles, containers and commodities. Baltimore ranks first among US ports for autos and light trucks, handling a record 850,000 vehicles last year. While many of the 30,000 to 35,000 cars and trucks that used the Key Bridge daily can be rerouted through the two nearby tunnels, that will cause traffic delays.

Persons: Dali, Judah Levine, ” Maersk, “, VW, Oren Klachkin, Levine, Mark Zandi, ”, Zandi, Wes Moore, Joe Biden, Francis Scott Key, Tasos Katopodis, — Moore, Emily Stausbøll, Matt Lupoli, Hanna Ziady, Peter Valdes, Rob North, Sugam Pokharel Organizations: New York CNN, Baltimore, Atlantic, Nationwide Financial, US, Moody’s, Maryland Gov, Rebuilding, Francis Scott Key Bridge, Domino, Company, Royal Caribbean, Cruises, Cruise, Cruise Lines International Association, Royal Locations: London, New York, Port, Baltimore, East Coast, Singapore, East Coast , Baltimore, Philadelphia, Norfolk, of New York, New Jersey, Asia, Africa, Suez, Maryland, Patapsco, Rebuilding Baltimore, Baltimore , Maryland, Tasos, “, Norway, Royal Caribbean

☆ Cruise lines' private islands are having a renaissance. These are the 3 reasons they need it now more than ever before.
▼ + stars: | 2024-03-23 | by ( Brittany Chang | ) www.businessinsider.com time to read: +8 min

To cruise lines, they're cash cows. Related storiesThese are the three reasons cruise-run private destinations have become so important. Amid rising fuel costs, it's easy to see why cruise lines would want to plan more itineraries around these nearby stops. Private destinations keep profits in-houseThe bar had two halves: one on land and the other at pool level. And because there's no need to rely on other excursion operators, they allow cruise lines to keep more profits in-house.

Persons: —, Patrick Scholes, Michael Bayley, Naftali Holtz, it's, Scholes, wouldn't, Linken D'Souza, Brittany Chang, Josh Weinstein, Jason Liberty, Simone Padovani, CHANDAN KHANNA, They're Organizations: Service, Royal, Business, Truist Securities, Disney Cruise Line, Disney Cruise, Holland America, MSC, Royal Caribbean International, Royal Caribbean Group, Beach, cabanas, Carnival Corp, Private, Hideaway, Disney, Key, Getty Locations: Miami, Bahamas, CocoCay, Caribbean, Honduras, Belize, Eleuthera, Cay, Holland, Royal Caribbean, Paradise, Nassau, Florida, cabanas, Royal, Orlando, Venice, Italy's Giudecca, Santorini, Greece, Key West , Florida, California, Alaska , Maine, Europe, Juneau , Alaska, French Polynesia, Italy

☆ A 29-year-old traveler who's cruised to over 50 countries shares 3 ways passengers can save money on cruises
▼ + stars: | 2024-03-22 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +1 min

Allie Hubers said passengers can save money by choosing the cheapest room and upgrading later. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But there are several ways passengers can save money on cruises and still have a great experience on board, Allie Hubers told Business Insider. Hubers, 29, is a freelance travel writer who's been to 59 countries and sailed on over 40 cruises. This story is available exclusively to Business Insider subscribers.

Persons: doesn't, Allie Hubers, —, who's Organizations: Service, Royal, Business Locations: Caribbean

☆ Concert promoter Live Nation is getting into the ultra-luxury cruise business — see what it'll be like on weeklong superyacht sailings starting at $3,000 a person
▼ + stars: | 2024-03-18 | by ( Brittany Chang | ) www.businessinsider.com time to read: +1 min

Armed with EDSea’s success, Vibee wants to dive deeper into the cruise segment — this time with a luxurious spin. A spokesperson for Vibee said it anticipates travelers would range from affluent guests to people with "less discretionary income" who would save money to attend. Vibee"We see the desire for cruise and yacht experiences continuing to rise," Harvey Cohen, president of Vibee, told Business Insider, echoing sentiments of the cruise industry's booming demand. And not just the mass-market players: Over the last year, luxury cruise lines have also seen a rise in interest. The latter had launched its latest $517.9 million luxury ship a few months prior, complete with caviar and a $6 million art collection.

Persons: Vibee, Harvey Cohen Organizations: Business, Cruise Line Holdings, Regent Seven Locations: Oceania

☆ How can cruise lines deal with popular destinations getting sick of tourists? Develop private islands and exclusive stops, of course.
▼ + stars: | 2024-03-14 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

Cruise lines are embracing private destinations in part due to overcrowding at popular ports. At least 14 private cruise destinations have opened or will open soon in the Caribbean. So what's a cruise line to do when it's no longer welcome at popular destinations? It's a strategy popular cruise lines are increasingly embracing. Private islands and beaches have popped up throughout the Caribbean, one of the world's hotspots for cruises.

Persons: —, they're Organizations: Service, Travel, Business Locations: Caribbean, CocoCay, Bahamas

☆ Possible Viking IPO is latest sign cruise industry is a good bet for investors, according to analyst. How to play it
▼ + stars: | 2024-02-29 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

With Covid-19 disruptions in the rearview mirror and the cruise industry back on track, another cruise line has taken a step towards possibly going public. Melius Research believes a Viking IPO makes rational sense. Norwegian Cruise Line , whose recovery has lagged its rivals, reported on Tuesday its first profitable year since 2019 . While shares of Norwegian, Royal Caribbean and Carnival are all down so far this year, they had a blockbuster 2023. A Viking IPO could bring both," he said.

Persons: Conor Cunningham, Cunningham Organizations: Viking Holdings, U.S . Securities, Exchange Commission, Research, Norwegian Cruise, Norwegian, Royal, Royal Caribbean, Carnival Locations: Norwegian, Royal Caribbean

☆ I've been on many Carnival cruises and always see first timers make these 10 mistakes, from buying drink packages to booking beach excursions
▼ + stars: | 2024-02-28 | by ( Lori A. May | ) www.businessinsider.com time to read: +1 min

I cruise on Carnival so often that its ships have come to feel like a home away from home. The author in the Lido buffet on board the Carnival Radiance. I've sailed with Carnival more than 10 times in the past five years, and it's become my favorite choice for budget getaways. I've cruised with Carnival to the Mexican Riviera and Caribbean out of ports in California, Florida, and Louisiana on smaller ships accommodating 2,600 passengers and larger ships accommodating up to 5,282 guests. Here's what to watch out for so you can be a savvy sailor the next time you find yourself on board a Carnival ship.

Persons: Lori A, I'm, I've, it's Organizations: Holland America, Virgin, Carnival Cruises, Riviera Locations: Holland, Caribbean, California , Florida, Louisiana

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