Princess Chatter
May 24, 2017, 08:30:46 AM *
Welcome, Guest. Please login or register.

Login with username, password and session length
News: To join Princess Chatter send a request to princesscruiser@gmail.com.
 
   Home   Help Search Login Register  
Pages: [1]   Go Down
  Print  
Author Topic: Analyst Talks Cruise Fares, Wave Season, China, Cuba and More  (Read 1254 times)
Host Mike
Administrator
Commodore
*****
Offline Offline

Gender: Male
Posts: 8483



View Profile WWW
« on: March 03, 2015, 10:38:39 AM »

"Robin Farley, cruise industry analyst, UBS Investment Research, visited recently with top cruise line leaders in Miami. What did she learn? Overall, she sees good earnings potential for the lines ahead.

She said Royal Caribbean Cruises Ltd. (RCL) and Norwegian Cruise Line Holdings (NCHL) have both “been more vocal regarding their goal to double earnings by 2017."

While Carnival Corporation (CCL) may not have communicated that message as succinctly, it too is providing guidance for a doubling of EPS (earning per share) and to double-digit returns, Farley says, but just a bit more indirectly. 

Farley says in three to four years Carnival Corp. might also post a double-digit return on investment. She said UBS Investment Group’s 2017 earning per share estimate for Carnival is $4.38; that's double what CCL achieved in 2014."

http://www.travelagentcentral.com/cruises/analyst-talks-cruise-fares-wave-season-china-cuba-and-more-50309
Logged
f-mattox
Commodore
*****
Offline Offline

Gender: Male
Posts: 1272



View Profile
« Reply #1 on: March 03, 2015, 02:44:14 PM »

I think we can all read between the lines and surmise what exactly this means.   Angry
Logged
RichC
Commodore
*****
Offline Offline

Posts: 1405


View Profile
« Reply #2 on: March 07, 2015, 11:30:12 AM »

Considering that Princess ships sail mostly filled and that they've cut down on almost everything conceivable, there's only one way to increase profits that much.   Wink
Logged
ccrain
Staff Captain
***
Offline Offline

Posts: 265



View Profile
« Reply #3 on: March 08, 2015, 08:31:02 AM »

Actually several ways, none of them good for us.

1 - Decrease costs. This means less wet and dry docks, more on-board repairs utilizing "already paid for" labor. Staff cutbacks, entertainment budgets cut, food budgets cut. They will renegotiate excursion vendor pricing to reduce those costs even more.

2 - Increase prices. Already seen that in the drinks. Ship drinks are now on par with most hotel and bar prices in the US - thus the heavier liquor policing. Photo prices are now insanely high as well.

3 - More ala carte cruising options.  Heavier pushing of alternative dining. More "Crab Shack" alternatives cutting into heretofore public spaces.

Yes, one day we will look back at the 2000's and say, wow, those were the days....
Logged
f-mattox
Commodore
*****
Offline Offline

Gender: Male
Posts: 1272



View Profile
« Reply #4 on: March 08, 2015, 03:24:06 PM »

Quote
Yes, one day we will look back at the 2000's and say, wow, those were the days....

I say that now about the 70s . . . .and the 80s . . . . and the 90s . . . . Cry
Logged
RichC
Commodore
*****
Offline Offline

Posts: 1405


View Profile
« Reply #5 on: March 26, 2015, 06:03:49 AM »

Actually several ways, none of them good for us.

1 - Decrease costs. This means less wet and dry docks, more on-board repairs utilizing "already paid for" labor. Staff cutbacks, entertainment budgets cut, food budgets cut. They will renegotiate excursion vendor pricing to reduce those costs even more.



I fully agree with that statement & I'm sure it's going to hurt them in the long run. Recently on the CB you could see that ship is desperate need of a dry dock to do repairs that we desperately needed like plumbing issues that on our cruise were being patched. A week after we left the ship I heard that there was a major flood of raw sewerage in a few cabins in the same area we avoided for 3 days because of the stench.
Just how long can they keep doing the on spot repairs before the ship gains a reputation of being a dump and should be avoided at all costs?
Other things like broken showers/doors at the Lotus pool, wave machine that didn't work at all, broken lounge chairs (again Lotus pool), worn chairs in the Piazza with cushions flattened to 1/4 inch, keyboards that have had the numbers worn off completely, no MUTS blankets at all. The crew did their best to keep everything clean but there's only so much they can do without actual replacement.
They can't continue to operate in that fashion without getting a bad reputation which will cause people will avoid the ship altogether.
It makes us think about booking the Royal once again and we didn't have a favorable view of that ship the first time but at least it wasn't worn thin form all the use.
Logged
Pages: [1]   Go Up
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.21 | SMF © 2015, Simple Machines Valid XHTML 1.0! Valid CSS!