Cruise Lines Are Basking in Holiday Cheer -- Heard on the Street -- WSJ

Dow Jones12-16 18:30

The average Caribbean hotel cost $223 a night in the third quarter of 2024, according to Truist. "Cruise Lines Are Basking in Holiday Cheer," at 5:30 a.m. ET, incorrectly said it was 18.6% more expensive than in the third quarter of 2019, at $235 a night.

(END) Dow Jones Newswires

December 16, 2024 10:05 ET (15:05 GMT)

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The industry has plenty to be pleased about too.Well, maybe not this year. Cruise lines have been doing a better job of selling tickets months in advance, which gives them less incentive to offer steep discounts. Instead, the goodies might be drink packages, dining upgrades, onboard Wi-Fi, excursions or a free second guest. Analysts at Truist estimated earlier this month that voyages in 2025 were by then booked some 10% to 15% ahead of historical levels. By contrast, the number of available berths has increased by only around 5%.Royal Caribbean, which has most deftly navigated the pandemic, now trades at a healthy premium, but even it could enjoy further gains given expectations of an imminent upgrade of its debt to investment grade. In October, despite a hit from a hurricane, the company predicted that its","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4142":"酒店、度假村与豪华游轮","CCL":"嘉年华邮轮","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","NCLH":"挪威邮轮","RCL":"皇家加勒比邮轮","BK4585":"ETF&股票定投概念","BK4517":"邮轮概念","BK4547":"WSB热门概念","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","BK4566":"资本集团","BK4588":"碎股","DIS":"迪士尼","CUK":"嘉年华存托凭证"},"translate_title":"游轮公司沉浸在节日的欢呼声中——在街上听到——华尔街日报","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CCL":0.9,"CUK":0.9,"DIS":0.9,"NCLH":0.9,"RCL":0.9},"content_text":"The average Caribbean hotel cost $223 a night in the third quarter of 2024, according to Truist. \"Cruise Lines Are Basking in Holiday Cheer,\" at 5:30 a.m. ET, incorrectly said it was 18.6% more expensive than in the third quarter of 2019, at $235 a night. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 16, 2024 10:05 ET (15:05 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2491637856"}