While airlines are nervously watching their bookings, cruise giant Carnival is upgrading its forecasts thanks to strong reservations and increases in on-board spending by guests.
TBO Tek is expanding aggressively post its IPO in a bid to dominate the B2B travel space. In order to stop resources from being overworked, it is experimenting with AI and technology to make operations more efficient.
Carnival Corp. CEO Josh Weinstein is practically throwing confetti from the upper deck about 2025's prospects. For now, all the numbers and forecasts seem to support his optimism.
If your customers are leaving your ships to go spend money on beaches, you should own the beaches. That's the apparent logic of cruise line operators like Royal Caribbean in building private destinations. It's like vertical integration for vacations.
There is a subset of luxury travelers who are taking to the water to find remote, interesting areas that aren’t mobbed. And increasingly, they aren’t opting for hyper-luxe, large scale cruises.
Royal Caribbean Group's CEO Jason Liberty has a strategy to push his customer base upmarket. Liberty believes there's more willingness among consumers to pay more for premium leisure travel than previously assumed.