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☆ Cruise lines are having a moment as a popular — and cheaper — alternative to hotels
  + stars: | 2024-10-26 | by ( Michelle Fox | ) www.cnbc.com   time to read: +8 min
Royal Caribbean is set to release its quarterly results on Tuesday, followed by Norwegian Cruise Line Holdings ' report on Wednesday. That means the cruise lines may have more room to grow, she said. "The wider that gap, the better the opportunity for the cruise lines to have upside," Farley said in an interview with CNBC. However, Scholes said his research shows that out of the three major cruise lines, the Carnival brand is facing the most pricing competition from private cruise operator, MSC. Stock Chart Icon Stock chart icon Norwegian Cruise Lines stock year to date
Persons: Marco Bello, Patrick Scholes, Hilton, Christopher Nassetta, industry's, Brandt Montour, Montour, Josh Weinstein, CNBC's, Robin Farley, Farley, Truist's Scholes, Scholes, It's, Caribbean's Organizations: Port, Afp, Getty, CNBC, Wednesday, Barclays, Royal, Cruise Line Holdings, UBS, Orlando, Vegas, Royal Caribbean, Bloomberg, Royal Caribbean's, Citi, Cruise Lines Locations: Port of Miami, Miami , Florida, Caribbean, Royal Caribbean, 200bps, PortMiami, Norwegian
☆ One of the most popular cruise ports in the world just got an important makeover
  + stars: | 2024-06-18 | by ( Erin Snodgrass | ) www.businessinsider.com   time to read: +1 min
One of the most popular cruise ports in the world just got an environmental makeover. PortMiami is now equipped with shore power, which allows ships to plug into giant electrical outlets. The technology allows cruise ships to kill their engines while docked, reducing emissions and noise. AdvertisementThe cruise ship capital of the world unveiled its new shore power system this week, an innovative energy source that will help curb the industry's negative climate impacts. One cruise ship running its engine at port can use as much energy as 10,000 households in one day, The Miami Herald reported.
Persons: — Organizations: Service, Miami Herald, Business
☆ Norwegian Cruise Line reports first profitable year since 2019
  + stars: | 2024-02-27 | by ( Laya Neelakandan | ) www.cnbc.com   time to read: +2 min
The Norwegian Viva is docked at PortMiami's Terminal B ahead of its christening ceremony on Nov. 29, 2023, in Miami. Norwegian Cruise Line Holdings on Tuesday reported its first profitable year since 2019 as fourth-quarter losses narrowed dramatically. The cruise company reported strong growth and ticket demand with an encouraging 2024 forecast. Adjusting for one-time items, Norwegian reported a loss per share of 18 cents. "Norwegian Cruise Line Holding experienced a momentous year of growth and achievement in 2023," CEO Harry Sommer said in a statement.
Persons: Harry Sommer, it's, LSEG Organizations: Norwegian Cruise Line Holdings, Norwegian, Cruise Line, Royal Caribbean Cruises, Carnival Corp Locations: Norwegian, Miami, LSEG, Gaza
☆ 'Biggest, baddest ship on the planet': World's largest cruise ship stokes environmental concerns
  + stars: | 2024-01-29 | by ( Sam Meredith | ) www.cnbc.com   time to read: +1 min
Royal Caribbean's Icon of the Seas, the world's largest cruise ship, heads to the dock during its first arrival into PortMiami on Jan. 10, 2024. The world's largest cruise ship set sail from Miami, Florida over the weekend, embarking on a seven-day island-hopping trip through the tropics for its maiden commercial voyage. Onlookers gathered Saturday as Royal Caribbean International's behemoth — named the Icon of the Seas — left the Port of Miami to great fanfare. At a briefing earlier in the month, Royal Caribbean Group CEO Jason Liberty described the Icon of the Seas as the "biggest, baddest ship on the planet." The launch of the giant floating resort has sparked renewed concerns about the environmental impact of cruise tourism.
Persons: —, Jason Liberty Organizations: Port, Royal Caribbean Locations: PortMiami, Miami , Florida, Caribbean, Port of Miami
☆ Photos show Royal Caribbean's Icon of the Seas and Wonder of the Seas side-by-side. See how the world's two largest cruise ships compare.
  + stars: | 2024-01-17 | by ( Brittany Chang | ) www.businessinsider.com   time to read: +2 min
Read previewThe bigger the better, the more the merrier: The world's two largest cruise ships have finally met. Sharon YattawUntil recently, the 235,600-gross-ton Wonder of the Seas was the world's largest cruise ship, spanning 1,188 feet long and 18 decks tall. The Icon of the Seas, left, and Wonder of the Seas, right, are the two world's largest cruise ships, each complete with a list of colorful family-friendly amenities. Royal Caribbean InternationalThe Icon of the Seas is set to begin its first year of revenue cruises on January 27. Meanwhile, its predecessor was docked at Perfect Day as part of that ship's ongoing seven-night Caribbean cruise.
Persons: —, Sharon Yattaw Organizations: Service, Business, Royal Caribbean, Royal Locations: CocoCay, Bahamas, Royal Caribbean, PortMiami, Cozumel, Mexico
☆ Norwegian Cruise Line shares fall 10% as soft outlook, wider losses eclipse strong demand
  + stars: | 2023-02-28 | by ( Rebecca Picciotto | ) www.cnbc.com   time to read: +2 min
Norwegian Cruise Line shares fell more than 10% on Tuesday after the company posted wider losses than expected and offered soft guidance for the year, despite persistent travel demand. The cruise company reported fourth quarter losses of $1.04 per share, more than analysts' estimates of 85 cents. Norwegian is projecting losses of 45 cents per share in the first quarter, 10 cents higher than Wall Street had anticipated. "We've seen very, very strong record – near record booking levels dating back to November," said Del Rio. Royal Caribbean saw its stock jump after posting narrower than expected fourth quarter losses and bookings earlier in February.
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