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Cruise Operators Are Sailing Despite Omicron. The Stocks Are Holding Up.
Barrons ^ | Jan. 1, 2022 3:03 pm ET | Lawrence C. Strauss

Posted on 01/01/2022 1:36:03 PM PST by Capt. Tom

The cruise industry is sailing on for now despite travel warnings from health officials. But it hasn’t been smooth sailing, and plenty of hurdles remain.

As of Saturday afternoon, there were no reports of any cruise voyage cancellations,

Patrick Scholes, a travel and leisure analyst at Truist Securities, points out that the CDC’s action comes at an especially bad time for the cruise operators.

Woronka says that enthusiasm for cruising remains strong among travelers. The largest bucket of cruise customers, he says, “are going to go” on sailings.

“The market is saying that these disruptions are not going to cripple the cruise companies,” Woronka says. “They’ve got pretty sufficient liquidity buffers to get through this. The view is that the CDC does not derail the second half of ’22 and ‘23 recovery.”

Royal Caribbean said in its release Thursday that “none of the Omicron cases [aboard its ships] have been severe” or required hospitalization.

It added that “almost everyone onboard” its ships have been vaccinated. The company, which resumed U.S. sailings in June, said it has carried 1.1 million guests on its ships since then, with 1,475 people testing positive—a rate of 0.02%.

Carnival and its peers had been shut down from sailing in and out of U.S. ports for about 15 months starting in March 2020 due to the pandemic.

Royal Caribbean’s load factors, essentially bookings, for sailings in the first half of this year are below historical levels but are within their historical ranges for the second half of 2022, the company said.

Royal Caribbean said in its release that the travel industry has been “experiencing significant disruptions by air transport and other service providers due to the spread of Omicron.”

As of mid-Saturday afternoon, there were about 2,500 flight cancellations within, into or out of the U.S.,

(Excerpt) Read more at barrons.com ...


TOPICS: Business/Economy; Travel
KEYWORDS: cases; cruisestocks; sailing
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It looks like the cruise lines are going to keep on cruising.

Once again they is anyone guess. -Tohave pushed out the recovery until the second half of this year.

Looks like the first half

1 posted on 01/01/2022 1:36:03 PM PST by Capt. Tom
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To: Capt. Tom; George from New England; cll; DarthFuzball; Tennessee Nana; Fai Mao; CodeToad; ...

Before I got to finish my comments, it posted my thread.

OH well, such is the way my computer operates.

In any event, Happy New Year, to all the Freepers! -Tom


2 posted on 01/01/2022 1:43:01 PM PST by Capt. Tom (.It's COVID 2022 - The Events, not us, are still in charge. )
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To: Capt. Tom

Snifflecron! Let’s shut down the country!


3 posted on 01/01/2022 1:45:06 PM PST by Drew68 (Ron DeSantis for President 2024)
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To: Capt. Tom

Good.


4 posted on 01/01/2022 1:45:24 PM PST by Eleutheria5 (Buck Foe Jiden!)
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To: Capt. Tom

Why can’t the cruise lines just go out with no port calls. Enhance onboard entertainment.


5 posted on 01/01/2022 1:47:35 PM PST by wgmalabama (We will find out if the Vac or virus risk was the correct choice - can we put truth above narrative)
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To: Capt. Tom
It looks like the cruise lines are going to keep on cruising.

Good! So it looks like my Jan. 21 Celebrity Cruise to the Caribbean is...ON! BTW, I will probably get Wi-Fi for my cabin so I will be posting videos from shipboard on what the cruise in the Age of Covid Panic is like. One fringe benefit is FEWER passengers than normal.

6 posted on 01/01/2022 1:57:27 PM PST by PJ-Comix (Contrary Views NOT Allowed on "The View")
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To: wgmalabama
Why can’t the cruise lines just go out with no port calls. Enhance onboard entertainment.

We are scheduled to hit 4 islands. Bimini, Bonaire, Curacao, and Aruba. I need to swim there just to work off the buffet line weight I will probably put on. (Must avoid the cheese cake because it is like food CRACK for me.)

7 posted on 01/01/2022 2:00:07 PM PST by PJ-Comix (Contrary Views NOT Allowed on "The View")
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To: wgmalabama

“Why can’t the cruise lines just go out with no port calls. Enhance onboard entertainment.”~~~~~~~~~~~~~~~~~~~

Because of the Passenger Vessel Serices Act.

You can read about it, and the Jones Act, in the link below. -Tom

https://www.msn.com/en-us/news/opinion/what-is-the-jones-act-and-how-does-it-impact-cruise-ships/ar-AASbvc3


8 posted on 01/01/2022 2:01:49 PM PST by Capt. Tom (.It's COVID 2022 - The Events, not us, are still in charge. )
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To: Capt. Tom

Alternately, not stop in the US, but have passengers fly to some accommodating country, do the cruise, and fly back.


9 posted on 01/01/2022 2:14:22 PM PST by SauronOfMordor (A Leftist can't enjoy life unless they are controlling, hurting, or destroying others)
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To: PJ-Comix

Which Celebrity ship will you be on?


10 posted on 01/01/2022 3:20:07 PM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: Capt. Tom

Cruise lines create PVSA-compliant itineraries, but sometimes the chaos of travel intervenes. If a passenger disembarks early (perhaps due to a medical emergency) without calling on the foreign port, the line risks getting fined. Cruise travelers who miss the ship are also not allowed to embark in just any port of call. They must board in a place in the itinerary that includes a foreign port as part of the remaining portion of the cruise.

It takes the federal government to concoct such confusing laws!


11 posted on 01/01/2022 3:24:12 PM PST by Flick Lives
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To: Capt. Tom

How about a cruise for 100% unvaxxed. I’ll go.


12 posted on 01/01/2022 3:28:16 PM PST by wetgundog
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To: Capt. Tom

Compare Cruise-ship Vs. Flights

On flights, people sit shoulder to shoulder, and exhale air into a closed tube. Before the exhaled air flows out to a filter, it passes several people nearby. The mask borders are not airtight so air escapes around the mask. Even the mask material can not stop exhaled virus material since the virus size is extremely small and 99% of masks can not stop them from passing through.

On cruise ships, you have air space 10,000 bigger than volume of aircraft shell. And there is every opportunity for social distancing.

When people exit the aircraft, they are not tested for infection. All 300 people on a jumbo plane could be infected, but nobody will know about it. You will never see it on the news.

On a cruise ship, if one gets symptoms of covid, you are required to report to the medical staff on ship. The staff can then test all contacts with the infected person. If more than 2 or 3 are infected it becomes news.

On my cruise last September & November, every passenger was required to show certificate of full vaccination. And every passengers was required to get a negative test for covid within 48 hours of sailing. But the passenger could get infected on the flight to the cruise terminal city, and no one would know about it.

But CDC is singling out cruise industry, and airlines are not being restricted.

How about the restaurant industry? That is even more risky for passing infections than airlines. Because no one is asked of any proof of negative covid test before being served. At least you have to show a negative test result before boarding the aircraft.


13 posted on 01/01/2022 3:30:22 PM PST by entropy12 (President Trump was the best president in my life time of 81 years and counting..)
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To: Ann Archy
Which Celebrity ship will you be on?

The Equinox and I think I will be posting videos from there so folks can see what it is like to cruise in the Age of the Pandemic Panic.

14 posted on 01/01/2022 3:30:37 PM PST by PJ-Comix (Contrary Views NOT Allowed on "The View")
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To: PJ-Comix

We were just on that in August for 12 nites. Have you sailed a lot?


15 posted on 01/01/2022 3:40:28 PM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: entropy12

DEMOCRATS (BUREAUCRATS....same thing) DESPISE the Cruise Industry because people are having FUN!!! DEMOCRATS HATE CLEAN FUN!


16 posted on 01/01/2022 3:42:47 PM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: Ann Archy

And the democrats (another name for liberals) hate cruise industry because people on welfare generally can not afford cruises. The democrat agenda is to lower everyone to the lowest level so we are all equal. Except for the ruling class of course. Notice majority of Billionaires are democrats.


17 posted on 01/01/2022 4:06:37 PM PST by entropy12 (President Trump was the best president in my life time of 81 years and counting..)
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To: entropy12
But CDC is singling out cruise industry, and airlines are not being restricted.

The cruise industry is simply not bribing the right politicians. Foreign registry may also be a factor.

18 posted on 01/01/2022 4:07:42 PM PST by broken_clock (Go Trump! Still praying.)
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To: Capt. Tom

Good to see they’re not letting media hysteria stop them.


19 posted on 01/01/2022 4:07:45 PM PST by Allegra
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To: entropy12

BINGO!!!!!!!!!


20 posted on 01/01/2022 4:27:15 PM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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