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Royal Caribbean International Gains More International Passengers

Among the interesting details within the first quarter earnings for Royal Caribbean International, was the fact that the line is finding 40% of its passengers outside of north America. North America has seen only flat numbers during the past two years, a result of the recession. This does much to explain the growing fleet of ships being positioned in Europe during the coming two years. Yet according to analysts notes from Well's Fargo, since the U.S. dollar is up compared the sinking Euro, the shift is a mixed blessing. Costs are down, but profit from fares paid for in a sinking currency are worth less.

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Norwegian Cruise Line Announces Q1 Earnings.

Norwegian Cruise Line announced it is also doing well, as earnings came out this past week. Gross earnings were up from $50 million to $58 million. Ships were sailing at over 107% of capacity, and passengers were spending more while they were at sea. It would appear that Apollo Group has done well with NCL since taking over.

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Royal Caribbean International Announces Q1 Results

Royal Caribbean International reported strong first quarter results, earning $87.4 million verses a net loss of $36.2 million in first quarter of 2009. The fuel hedging program that Royal Caribbean began several years ago, again proved its worth, offsetting the increase in fuel during the quarter. Likewise, the obligatory efforts to reduce costs in all areas continued to show positive contributions to the bottom line. Moody's upgraded Royal Caribbean International's stock rating to Stable from a Negative rating, and cited the improvements in profit and cost containment. In all, it is an excellent start for the line, and reflects the strength in the industry at large. Royal Caribbean is one of several major lines that proved highly resilient to the recession that more and more people are saying is behind us.

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Celebrity Cruises Adds Four Drink Packages.

Cheers! Celebrity Cruises is adding a set of four beverage packages, two non-alcoholic, two with alcoholic drinks. Drink packages have been common enough with Soda (or as people in the mid-west call it, Pop.) The non-alcoholic packages range from $14.95 per day, per person, to $18.40. The extra $4.00 expands your choices from juices, premium coffee, bottled water, and soda, to include smoothies, flavored water, energy drinks, and frozen drinks.

The second two packages include alcoholic beverages. Priced at $44.85 and $56.35, both include the full non-alcoholic options, and two tiers of adult beverages.

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Beyond Ships tours Oasis of the Seas

Oasis of the Seas

Richard H. Wagner is the owner of BeyondShips.com, a great website which combines his great experience as a writer with his extensive travel at sea. Recently he was able to cruise on Royal Caribbean International's Oasis of the Seas, and provided his visitors with an amazing photo tour of the ship. Drop by and see what makes the Oasis the buzz of the industry this year, then why not talk about it!

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