Articles tagged “carnival”

This isn't the first time Carnival has announced a return to cruising in the last month. What's needed here is specifics on how things will be different (and safer) when ships set sail again.

Carnival's recent loans gave it about six months of breathing room to survive without almost no bookings. It needs to act decisively if it wants to restore public confidence in time to avoid an even larger crisis.

Like the other two major cruise lines, Norwegian Cruise Line is struggling to financially survive in a time when ships are docked and no revenue is coming in.

The cruise industry appears to be taking a contrarian stance to U.S. public health officials, a move that's baffling given the industry's need to rehabilitate its image.

In our coronavirus in travel coverage this week, marketers will have to throw out the playbook post-crisis, Booking Holdings mulled dire financial scenarios, a devalued Airbnb secured new financing at unattractive terms, Flight Centre closed 800 travel agencies, and Carnival Corp. took a controversial investment from the Saudi government.

Carnival is facing two unprecedented crises: Lost revenue from the complete cessation of its cruising operations and an optics nightmare that puts the future of cruising's popularity in genuine doubt.

The cruise industry has had a spectacularly rotten week. Facing criticism from all sides, it looks increasingly unlikely that many lines will still be sailing as scheduled on Monday.

In some ways, this has felt inevitable. The cruise line at the center of the coronavirus crisis is temporarily ceasing operations. The question is whether this decision will be the first domino to fall.

The cruise industry has weathered a lot of bad news unscathed. But the coronavirus crisis seems different. This could be a seminal moment for the industry — and not in a good way.

While dealt a blow by coronavirus, the cruise industry is managing to hold the line on pricing, at least for now. The long-term impact of the crisis remains to be seen, but the cruise industry has weathered many others in the past.