SS/RCCL Finances: Improving, Options, Questions??!!

[TLCOhio]

Just completed listening to the Norwegian Cruise Line Holdings fourth quarter and yearly report and Q/A session with Wall Street financial analysts.  Interesting?  Lots of spins and hopes?  Certain legitimate positive financials to report?  YES to all three questions.

 

But how are the stock traders and investors reacting this morning?  This below chartroom the Wall Street Journal summaries this "situation" fairly well.  Will this negative trend continue and seriously affect other cruise lines?

 

Right now, Royal Caribbean is down 2.7% while Carnival dropped 4.3% this morning.  

 

From the below website release this morning, they had this headline: “Norwegian Cruise Line Holdings Reports Fourth Quarter and Full Year 2022 Financial Results” with these highlights: “ '2022 was an eventful year, as we successfully completed our nearly yearlong Great Cruise Comeback, welcomed our newest ship Norwegian Prima to our world class fleet and achieved several key milestones on our post-pandemic financial recovery,' said Frank Del Rio, president and chief executive officer of Norwegian Cruise Line Holdings Ltd. 'We are now squarely focused on the future and are taking deliberate and strategic actions to best position the Company for its next chapter, which includes an industry-leading growth profile representing approximately 50% Capacity growth over 2019.' ”

 

Will share more details and specifics later.  But here is a quick highlight for part of what I heard this morning.  Their CEO talked about: "transformation growth” and that they are "now focused on costs and better margins.”  They are focusing on "balancing cutting costs versus keeping a good customer experience."   They do not want to degrade the product, but must align to the new normal for the wider hospitality business where quality is not all what it used to be.

 

Customer quality versus juicing up their bottom line to pay off the huge debts rolled up during their 500 days of Covid shut-downs?  Sound familiar?

 

You can read all of their financial details at the Norwegian Cruise Line Holdings website:

https://www.nclhltd.com/news-media/press-releases/detail/534/norwegian-cruise-line-holdings-reports-fourth-quarter-and

 

THANKS!  Enjoy!  Terry in Ohio

 

Summer 2019 Calgary, Jasper/Banff National Parks, Western Canada Rocky Mountaineer rail adventure, Vancouver, sailing up to Alaska on Silver Muse, post-cruise excursion to Denali, etc.  Many visuals and details from our first in these scenic areas!  Live/blog: 

https://boards.cruisecritic.com/topic/2682584-live-terryohio-silver-muse-alaska-canadarockies-pix’s/

[TLCOhio]

From a financial news website this afternoon, they had this headline: “Why Norwegian Cruise Line Stock Just Crashed” with these highlights: “Actual GAAP losses were even bigger than the pro forma losses Wall Street was watching.  And Norwegian's forecast for Q1 2023 indicates losses will be bigger again next quarter.”

 

Here is more of their details outlined: "Even heading into Q4, analysts weren't very optimistic, forecasting that the cruise operator would lose $0.85 per share, pro forma, on $1.5 billion in revenue. But Norwegian missed even this pessimistic prediction. While sales were on target, losses per share tumbled to $1.04.  Worse, those losses -- the $1.04-per-share number -- were adjusted for items considered one-time in nature. When calculated according to generally accepted accounting principles (GAAP), Norwegian's per-share loss was even bigger: $1.14 per share, despite revenues more than tripling year over year and 'revenue per Passenger Cruise Day' growing 23% in comparison to the prepandemic year 2019 (and thus coming in better than expected).  Norwegian Cruise Line still burned cash for the year. Over all of 2022, the company's cash flow statement shows a rate of about $1.6 billion for the year -- but even that was only half the $3.2 billion in cash Norwegian burned in 2021."

 

This was their bottom-line summary: "Norwegian won't be nearly as profitable as analysts hope or turn profitable quite as soon as analysts have predicted."

 

Full story at:

https://www.fool.com/investing/2023/02/28/why-norwegian-cruise-line-stock-just-crashed/

 

THANKS!  Enjoy!  Terry in Ohio

 

Early 2020, many visuals and details from New Zealand/South Pacific in going from Auckland to French Polynesia.  This includes Bora Bora, Fiji, NZ experiences, etc:  Live/blog;

https://boards.cruisecritic.com/topic/2735732-live-terryohio-“new”-regatta-south-pacificnz-pix’s/

[highplanesdrifters]

22 hours ago, TLCOhio said:

Their CEO talked about: "transformation growth” and that they are "now focused on costs and better margins.”  They are focusing on "balancing cutting costs versus keeping a good customer experience."   They do not want to degrade the product, but must align to the new normal for the wider hospitality business where quality is not all what it used to be.

I guess this answers the question of whether luxury cruising will return.

But I am thrilled that we can be out and about again even if expectations will need to be tempered. 

 

A friend was telling me about a fake caviar that Walmart has which has fooled her guests.   Perhaps that's next.😁

 

 

Edited March 1, 2023 by highplanesdrifters

[TLCOhio]

59 minutes ago, highplanesdrifters said:

A friend was telling me about a fake caviar that Walmart has which has fooled her guests.   Perhaps that's next.😁

 

As cruise lines look at how to cut costs, what will be the service changes and impacts for when sailing?  

 

From a financial news website yesterday, they had this headline: “Royal Caribbean Follows Carnival In Making Key Service Cut" with this sub-headline: "First, the cruise line cut back its main dining room menus, offering fewer choices each night, now it appears to be making another cost-saving move.”

 

Here are some of their reporting highlights: “Covid allowed the hospitality industry to make some major changes to its standard operating procedures under the guise of social distancing. Many hotels, for example, stopped cleaning people's rooms on a daily basis. Many hotels have cut back on the frequency with which rooms are cleaned.  Basically, the industry used the pandemic to make a change that saves money. That won't fly at high-end properties.  Cruise lines essentially operate hotels that happen to be at sea. Even the mid-tier lines including Royal Caribbean and Carnival have traditionally cleaned passenger cabins twice a day. That has been the standard even after the industry's return from its 15-month covid-related shutdown. Now, however, it appears that Royal Caribbean is at least testing the idea of cleaning passenger tooms only once a day.”

 

Yesterday, the top Norwegian executives indicated they are looking at this once-a-day option for the lower-level cabins on their bigger, mass-market ships.  Hopefully for Silversea and other luxury lines, they will not be too quick to do such changes.  BUT, all cruise lines are looking at says to save money.  Future predictions as to what services will be targeted for change and/or cuts?

 

Full story at:

https://www.thestreet.com/travel/royal-caribbean-tests-a-huge-change-passengers-wont-like

 

THANKS!  Enjoy!  Terry in Ohio   

 

Barcelona/Med: June 2011, with stops in Villefranche, ports near Pisa and Rome, Naples, Kotor, Venice and Dubrovnik. Great visuals with key highlights, tips, etc. Live/blog now at 256,120 views.

https://boards.cruisecritic.com/topic/1362155-solstice-livefirst-timer-reportspix’s-italycroatian-june-7-19/

 

[TLCOhio]

From a travel news website two days ago, they had this headline: “These Billionaire Owners Of Luxury Hotels Plan To Start Cruise Ship Operators” with these highlights: “There was no Broadway show, mini golf or video arcades on board the Ritz-Carlton yacht which set sail from Barcelona in October on its maiden voyage. Guests were instead entertained by jazz musicians, an on-board art collection, and a shop stocked with $30,000 Birkin handbags. Welcome to cruising for the rich. The push by Marriott International Inc., the world’s biggest hotel group and Ritz-Carlton owner, into luxury cruising is part of a new wave of high-end operators targeting the wealthy."  

 

Here are more background details:  "As existing operators battle to pay down debts, new entrants are seeking to take a slice of the premium market.  Billionaire cruise magnate Manfredi Lefebvre, often spotted puffing on a chunky cigar, sold out of a luxury operator five years ago, frustrated he couldn’t secure the same borrowing conditions as the bigger players.  Now he’s back, after buying two Crystal Cruise ships.  'We considered partnering with a hotel brand but we eventually chose to go ahead independently and to position at the high-end of the luxury sector,' he said earlier this week. 'Cruises cost 60% of an equivalent hotel vacation, and today even less than that.'  Luxury travel is recovering faster than the wider market and is proving tempting to operators, according to Patrick Scholes, managing director of lodging and leisure at Truist Securities.”

 

Interesting comments and positioning from Manfredi Lefebvre.  Here is another item from this reporting: "David Bernstein, chief financial officer at Carnival Corp., has been watching the new entrants with intrigue. He accepts there will be greater competition for higher-spending customers."

 

More luxury options and competition!!  Is that good or bad for Silversea and its customers?

 

Full story at:

https://www.fa-mag.com/news/these-billionaire-owners-of-luxury-hotels-plan-to-start-cruise-ship-operators-72186.html

 

THANKS!  Enjoy!  Terry in Ohio

 

Norway Coast/Fjords/Arctic Circle cruise from Copenhagen, July 2010, to the top of Europe. Scenic visuals with key tips. Live/blog at 246,290 views.

https://boards.cruisecritic.com/topic/1172051-livesilver-cloud-norway-coastfjords-july-1-16-reports/

[Mr Luxury]

Interesting spin from Manfredi on what and where he thinks his two old ships are in the scheme of things.

I'm waiting and watching with great interest how NC will do.

They can't just rely on guests that used to sail with Old Crystal and will need to attract new guests.

Interesting that prices are greatly increased which will get rid of some of the old guests that were used to cheap cruising and solo sailing prices.

Edited March 2, 2023 by Mr Luxury

[TLCOhio]

3 hours ago, Mr Luxury said:

Interesting spin from Manfredi on what and where he thinks his two old ships are in the scheme of things.  I'm waiting and watching with great interest how NC will do.  They can't just rely on guests that used to sail with Old Crystal and will need to attract new guests. Interesting that prices are greatly increased which will get rid of some of the old guests that were used to cheap cruising and solo sailing prices.

 

Appreciate this smart and savvy follow-up from our London friend.  Agree, that I am also  watching with interest as to how this New Crystal evolves and works out.  The Old Crystal loyalist are strong and have great spirit/excitement.  But, it will take more than those numbers to fill up these old/new ships.  

 

From MSN News and a financial news website yesterday, they had this headline: “Norwegian Cruise Line says wealthy customers are still splashing out on cruise trips despite the sluggish economy” with these highlights: “The parent company of Norwegian Cruise Line says passengers are still splurging on luxury trips.  Despite passenger numbers rebounding post-pandemic, the company posted an annual net loss of $2.27 billion.  The parent company of Norwegian Cruise Line says that the sluggish economy isn't deterring wealthy passengers from splashing out on luxury cruise trips.”

 

Plus, this from their reporting: " 'We are encouraged to see that our target consumer, which tends to skew more upmarket in the broader cruise industry, continues to be financially healthy and resilient and is prioritizing consumption of experiences over the purchase of physical goods,' CEO Frank del Rio told investors Tuesday.  'It's our view that as long as consumers have a job and the labor markets remain strong, that they'll continue spending on the things they normally spend their money on, including vacations,' del Rio added. 'We simply don't see a weakening consumer.' "

 

Yes, I heard Norwegian's del Rio make these comments Tuesday.  The stock analysts heard it, too.   Yes, all three major cruise companies have more upscale brands to satisfy these desired, higher-end customers with money.   BUT, the reality with all three companies is they also have many big, BIG ships that need to be filled up with mostly middle-income people who are not as "flexible" with their deeper finances to afford such bookings for the future.  Clearly Tuesday the stock market, however, viewed del Rio was just "SPINNING" with too much hype and wishful thinking for his company compared to his missed financial promises/targets.  

 

There are desired, wealthy passengers who can afford it.  But, how many of them are there and will that be enough to fill up ALL of their brands and ships?

 

Reactions as to how all of this Economics 101 works out?  Clearly, Silversea is doing well and successfully upping their prices as happened yesterday on a Mumbai to Singapore Silver Moon sailing we are seriously considering for February 2024. 

 

Full story at:

https://www.msn.com/en-us/money/companies/norwegian-cruise-line-says-wealthy-customers-are-still-splashing-out-on-cruise-trips-despite-the-sluggish-economy/ar-AA185olW

 

THANKS!  Enjoy!  Terry in Ohio

 

Sydney to NZ/Auckland Adventure, live/blog 2014 sampling/details with many exciting visuals and key highlights.  On page 23, post #571, see a complete index for all of the pictures, postings.  Now at 242,119 views.

https://boards.cruisecritic.com/topic/1896175-solstice-live-australianzhawaii-many-pix’s-jan-20-feb-3/

[cruiseej]

6 hours ago, TLCOhio said:

Yes, all three major cruise companies have more upscale brands to satisfy these desired, higher-end customers with money.   BUT, the reality with all three companies is they also have many big, BIG ships that need to be filled up with mostly middle-income people who are not as "flexible" with their deeper finances to afford such bookings for the future.

 

Exactly, Terry. Norwegian Cruise Lines has a capacity of 54,404 on its 18 ships; the upscale Oceania and luxury Regent bands have capacities of 5,092 and 4,140 respectively, each with 6 ships. So for the overall company, Oceania and Regent comprise less than 15% of their overall capacity.

 

Of course, those of us frequenting this board are interested in Silversea, and it's a much smaller part of the overall Royal Caribbean Group. I was curious about how small Silversea is compared to its corporate siblings, so I did a quick tally. The 28 RC ships have a passenger capacity of 106,914 as the end of this year; Celebrity has 16 ships which have a capacity of 35,806. Silversea's 10 ships (counting Nova, removing Explorer) will have a combined capacity of just 4,120, or just 2.8% of the combined total. (I'm not counting here the joint venture of TUI Cruises — which includes TUI and Hapag-Lloyd— which I believe is 50% owned by Royal Caribbean.)

 

Or look at another mind-boggling stat: the newest Royal Caribbean ship debuting at the end of this year, the Icon of the Seas, will have close to double the capacity of all Silversea ships combined! A sister ship is under construction, and a third sibling is planned for a year later. Just those three ships alone will have a capacity of 22,800 passengers, nearly 5 times the entire Silversea fleet capacity, even after Ray joins the fleet next year.

 

So while there may be plenty of demand and money for luxury cruising, as del Rio says, that offers no real indication of how well the Big 3 cruise companies will perform in the months and years ahead. 

[Mr Luxury]

1 hour ago, cruiseej said:

 

Exactly, Terry. Norwegian Cruise Lines has a capacity of 54,404 on its 18 ships; the upscale Oceania and luxury Regent bands have capacities of 5,092 and 4,140 respectively, each with 6 ships. So for the overall company, Oceania and Regent comprise less than 15% of their overall capacity.

 

Of course, those of us frequenting this board are interested in Silversea, and it's a much smaller part of the overall Royal Caribbean Group. I was curious about how small Silversea is compared to its corporate siblings, so I did a quick tally. The 28 RC ships have a passenger capacity of 106,914 as the end of this year; Celebrity has 16 ships which have a capacity of 35,806. Silversea's 10 ships (counting Nova, removing Explorer) will have a combined capacity of just 4,120, or just 2.8% of the combined total. (I'm not counting here the joint venture of TUI Cruises — which includes TUI and Hapag-Lloyd— which I believe is 50% owned by Royal Caribbean.)

 

Or look at another mind-boggling stat: the newest Royal Caribbean ship debuting at the end of this year, the Icon of the Seas, will have close to double the capacity of all Silversea ships combined! A sister ship is under construction, and a third sibling is planned for a year later. Just those three ships alone will have a capacity of 22,800 passengers, nearly 5 times the entire Silversea fleet capacity, even after Ray joins the fleet next year.

 

So while there may be plenty of demand and money for luxury cruising, as del Rio says, that offers no real indication of how well the Big 3 cruise companies will perform in the months and years ahead. 

Good homework with these figures and very interesting.

Can you look at Seabourn and the Carnival group for us

[saminina]

On 3/1/2023 at 6:17 AM, highplanesdrifters said:

 

A friend was telling me about a fake caviar that Walmart has which has fooled her guests.   Perhaps that's next.😁

 

 

No need to wait.  It's being served on SS today.   Well, at least it is fake osetra and seems to please the masses.

[Stumblefoot]

3 hours ago, saminina said:

No need to wait.  It's being served on SS today.   Well, at least it is fake osetra…

Regale us with how it is fake.

[jpalbny]

Yes please. We "unwashed masses" want to know.

[saminina]

It is caviar, just because I do not care for it does not make it fake.   Go ahead and load the plate with condiments and be happy.  

[Port Power]

16 minutes ago, saminina said:

 

5 hours ago, saminina said:

No need to wait.  It's being served on SS today.   Well, at least it is fake osetra and seems to please the masses.

 

17 minutes ago, saminina said:

It is caviar, just because I do not care for it does not make it fake.   Go ahead and load the plate with condiments and be happy.  

I’m confused.  You seem to be contradicting yourself without answering the question put by @Stumblefoot ? 🫤 

[Silver Spectre]

On 3/1/2023 at 3:29 PM, TLCOhio said:

 

Here are some of their reporting highlights: “Covid allowed the hospitality industry to make some major changes to its standard operating procedures under the guise of social distancing. Many hotels, for example, stopped cleaning people's rooms on a daily basis. Many hotels have cut back on the frequency with which rooms are cleaned.

 

Maybe they should incentivise guests to opt out of regular cleaning and follow what we have just experienced in New Zealand hotels. Bear in mind NZ has a major staffing shortfall in the hospitality sector as the previous PM shut the country for 2 1/2 years. We stayed in a top end luxury, 2 high end boutique and one higher end hotels in 3 weeks. They all provide a cash incentive to agree not to have your room cleaned on an optional daily basis.

[TLCOhio]

15 hours ago, cruiseej said:

Exactly, Terry. Norwegian Cruise Lines has a capacity of 54,404 on its 18 ships; the upscale Oceania and luxury Regent bands have capacities of 5,092 and 4,140 respectively, each with 6 ships. So for the overall company, Oceania and Regent comprise less than 15% of their overall capacity.  Of course, those of us frequenting this board are interested in Silversea, and it's a much smaller part of the overall Royal Caribbean Group. I was curious about how small Silversea is compared to its corporate siblings, so I did a quick tally. The 28 RC ships have a passenger capacity of 106,914 as the end of this year; Celebrity has 16 ships which have a capacity of 35,806. Silversea's 10 ships (counting Nova, removing Explorer) will have a combined capacity of just 4,120, or just 2.8% of the combined total. 

 

Super appreciate these great statistical background and follow-up from our Philadelphia-area suburban neighbor.  You have "NAILED IT" with these added specifics to re-enforce the point that the luxury portions of their businesses are relatively small for all three corporations.  

 

Many serious questions exist as to how the economy and consumer confidence will evolve in the next 10-15 months for the cruise line companies.  My sense is that "rough waters" are still ahead. Plus, the billions of dollars in borrowed money must be managed as interest rates move higher.  

 

As to Caviar, it is not that much my "thing", so I leave it to others to decide its importance and/or quality.  If and if!!??

 

Keep it coming!!  Figuring out this current economic direction is both interesting and challenging.  

 

THANKS!  Enjoy!  Terry in Ohio

 

Venice: Loving It & Why??!!  Is one of your future desires or past favorites? See these many visual samples for its great history and architecture.  This posting is now at 101,664 views.

http://boards.cruisecritic.com/showthread.php?t=1278226

[highplanesdrifters]

The Google machine tells me it is available in many places for under $5. Might have to give it a shot.  Perhaps a side by side tasting.

 

 

 

 

Caviart is a caviar style black seaweed pearl that simulates the taste and texture of caviar.  Season Brand has been around 100 years and has strived to maintain the highest quality standards in all our products.

• Gluten Free
• Vegan
• Certified Sustainable
• Cholesterol Free
• Cholesterol Free
• Imported from Denmark

Edited March 3, 2023 by highplanesdrifters

[highplanesdrifters]

@cruiseejthanks for the interesting stats!  Would love to know different profitability numbers for different ships. We need an insider.😃

[Mr Luxury]

8 minutes ago, highplanesdrifters said:

The Google machine tells me it is available in many places for under $5. Might have to give it a shot.  Perhaps a side by side tasting.

 

 

 

 

Caviart is a caviar style black seaweed pearl that simulates the taste and texture of caviar.  Season Brand has been around 100 years and has strived to maintain the highest quality standards in all our products.

• Gluten Free
• Vegan
• Certified Sustainable
• Cholesterol Free
• Cholesterol Free
• Imported from Denmark

And from Denmark not China.that is surprising 

[TLCOhio]

From the Wall Street Journal, below are the charts for the three major cruise lines during this past week.  Especially on Tuesday, it was a "weak week" for Norwegian as their release of fourth quarter and year-end data disappointed the financial experts and stock market players.  See below.

 

From the Wall Street Journal this morning, they had this headline: “Cuts at Amazon, Other Tech Companies Don’t Spell Recession Yet" with this sub-headline: "Slowing corporate profits, rising rates are warnings signs amid a slump in tech and property activity.”

 

Here are a couple of their reporting highlights: “Amazon.com Inc.’s halt to construction of a new headquarters, on top of a parade of high-profile tech layoffs, looks ominous for the economy. But the damage will need to spread much further to signal full-blown recession.  When the U.S. has entered recession in the past, weakness has often started in one sector and then spread like brushfire, pulling down a widening array of industries and the people who work in them.  Downturns in 2001 and 2007-09 were apt examples.”

 

The stock market and consumers are on "Recession Watch".  Hopefully, it will not happen and/or be short and shallow.  Any good predictions and guesses?

 

Here was a positive point from this WSJ article: "A close read of recent history is more reassuring. Some industry fires don’t spread. In 2015, a fracking bust took down the energy sector but the economic expansion went on to become the longest on record."

 

Full story at:

https://www.wsj.com/articles/cuts-at-amazon-other-tech-companies-dont-spell-recession-yet-244c992c?mod=hp_lead_pos2

 

THANKS!  Enjoy!  Terry in Ohio

 

Amazon River-Caribbean 2015 adventure live/blog starting in Barbados. Many visuals from this amazing river and Caribbean Islands (Dutch ABC's, St. Barts, Dominica, Grenada, San Juan, etc.).  Now at 71,083 views:

https://boards.cruisecritic.com/topic/2076101-live-amazon-river-caribbean-many-pix’s-terryohio/

 

From the Wall Street Journal, below are the stock charts for the three major cruise lines during the past week.  Tuesday was a bad day, especially for Norwegian!!  Then, some recovery came later in the week as the overall market was lifted.  Correct?:

(Open your screen/viewer wider to see these visuals larger/better!)

 

 

 

Since the start of 2023, here has been the trend for Royal Caribbean during the past two-plus months.  Mostly upward and overall positive?:

[highplanesdrifters]

4 hours ago, TLCOhio said:

The stock market and consumers are on "Recession Watch".  Hopefully, it will not happen and/or be short and shallow.  Any good predictions and guesses?

I have no idea what is going to happen in Q 3 & 4. But for now its hard to get a seat on a plane, table in a restaurant, or room at a resort. Lots of conflicting stats that can make a bull or bear case. Real estate, credit card debt, earnings just to name a few.  One problem is folks looking at  year over year data.  It doesn't work when the previous year or two is skewed from extraordinary circumstances.  I'm trying to analyze things based on historical data.  I'm still in the range trade to higher camp.

[highplanesdrifters]

Chart of the week. Island reversal anyone?

[TLCOhio]

On 3/4/2023 at 10:01 AM, highplanesdrifters said:

I have no idea what is going to happen in Q 3 & 4. But for now its hard to get a seat on a plane, table in a restaurant, or room at a resort. Lots of conflicting stats that can make a bull or bear case. Real estate, credit card debt, earnings just to name a few.  One problem is folks looking at  year over year data.  It doesn't work when the previous year or two is skewed from extraordinary circumstances.  I'm trying to analyze things based on historical data.  I'm still in the range trade to higher camp.

 

Appreciate these great comments and follow-ups from highplanesdrifters.  Good to look at historical data and then try to guess and speculate for future trends.  Maybe?  

 

From the Wall Street Journal today, below is the three-year summary chart for the broad-based S&P 500 stock index.  On March 18, 2020, this key index was down to 2305 as the start of the Covid shut-down that depressed the overall market.  Things came back, but then flattened out during 2022.  At the end of December 2021, this S&P 500 index peaked at 4791.  That has been a 15% loss/drop during the most recent fourteen months.  Where for the rest of this year?

 

Will cruise ship stocks be riding that future trend, up or down??

 

THANKS!  Enjoy!  Terry in Ohio

 

AFRICA?!!?: Fun, interesting visuals, plus travel details from this early 2016 live/blog. At 53,792 views. Featuring Cape Town, South Africa’s coast, Mozambique, Victoria Falls/Zambia and Botswana's famed Okavango Delta.

www.boards.cruisecritic.com/showthread.php?t=2310337

 

From the Wall Street Journal, here is their chart for the past three years for the trends and movements of the S&P 500 Index.:

(Open your screen/viewer wider to see this visual larger/better!)

[cruiseej]

On 3/2/2023 at 5:41 PM, Mr Luxury said:

Can you look at Seabourn and the Carnival group for us

 

When Mr. Luxury asks, one obliges. 😀

 

Seabourn is an even tinier part of Carnival than Silversea is of Royal Caribbean, because Seabourn is much smaller than Silversea, and Carnival is much larger than Royal Caribbean.

 

Seabourn has only 6 ships currently (one more expedition ship is coming next year; nothing beyond that has been announced), with a passenger capacity of 2,838. (Silversea has 10 ships with a combined capacity of 4,120.)

 

Silversea owner Royal Caribbean Group has 54 ships among its three cruise lines (not counting its joint ventures) with 147,000 passenger capacity.

 

Carnival Corp. consists of nine cruise lines with a whopping 92 ships: Carnival Cruise Line (23), Princess Cruises (15), AIDA Cruises (13), Costa Cruises (12), Holland America Line (11), P&O Cruises UK (7), Seabourn (6), Cunard (3) and P&O Cruises Australia (3).

 

Passenger capacities* are: Carnival Cruise Line (93,095), Costa Cruises (52,719), Princess Cruises (46,189), AIDA Cruises (33,190), P&O Cruises UK (24,193), Holland America Line (22,696), P&O Cruises Australia (7,234), Cunard (6,868), and Seabourn (2,838). Grand total: 289,022, which is close to double the capacity of Royal Caribbean Group.

 

Seabourn's passenger capacity as a percentage of Carnival Corp. overall: a hair under 1%!

 

 

(*Note: these tallies are my own from visiting various websites. There are likely discrepancies between some websites reporting "lower berths", which is simple double occupancy, and others reporting total passenger capacity. I also didn't try to parse which ships are soon to be retired or sold what new ships are coming online when over the next two years. Whew!)

[Mr Luxury]

20 minutes ago, cruiseej said:

 

When Mr. Luxury asks, one obliges. 😀

 

Seabourn is an even tinier part of Carnival than Silversea is of Royal Caribbean, because Seabourn is much smaller than Silversea, and Carnival is much larger than Royal Caribbean.

 

Seabourn has only 6 ships currently (one more expedition ship is coming next year; nothing beyond that has been announced), with a passenger capacity of 2,838. (Silversea has 10 ships with a combined capacity of 4,120.)

 

Silversea owner Royal Caribbean Group has 54 ships among its three cruise lines (not counting its joint ventures) with 147,000 passenger capacity.

 

Carnival Corp. consists of nine cruise lines with a whopping 92 ships: Carnival Cruise Line (23), Princess Cruises (15), AIDA Cruises (13), Costa Cruises (12), Holland America Line (11), P&O Cruises UK (7), Seabourn (6), Cunard (3) and P&O Cruises Australia (3).

 

Passenger capacities* are: Carnival Cruise Line (93,095), Costa Cruises (52,719), Princess Cruises (46,189), AIDA Cruises (33,190), P&O Cruises UK (24,193), Holland America Line (22,696), P&O Cruises Australia (7,234), Cunard (6,868), and Seabourn (2,838). Grand total: 289,022, which is close to double the capacity of Royal Caribbean Group.

 

Seabourn's passenger capacity as a percentage of Carnival Corp. overall: a hair under 1%!

 

 

(*Note: these tallies are my own from visiting various websites. There are likely discrepancies between some websites reporting "lower berths", which is simple double occupancy, and others reporting total passenger capacity. I also didn't try to parse which ships are soon to be retired or sold what new ships are coming online when over the next two years. Whew!)

Excellent work cruiseej

You're hired.

What a large group if you include the lines that nobody here will ever cruise.

Just a small detail.The Pursuit will be sailing this August so making it seven for Seabourn then.

I know that because I am on board as long as we don't get any more delays.

So if Carnival offloaded or kept Seabourn it wouldn't make much of a dent to the finances.

Terry over to you 😁