Revenue per passenger data is positive and ramp in occupancy should drive positive EPS. It is focused on trading opportunistic inflections, and leveraging mispriced stocks and momentum driven events for rapid-return swing trades, options education, and long-term investments. Norwegian Cruise Line initially mandated all passengers be vaccinated and then allowed unvaccinated children under 5 years old to sail. The relaxation of protocols, coupled with continued easing of travel restrictions and the reopening to cruise in more ports around the globe are meaningfully positive for our business as it reduces friction, expands the addressable cruise market, brings variety to itineraries and provides additional catalysts on the road to recovery.. Royal Caribbean Group, which owns Royal Caribbean International, Celebrity Cruises and Silversea Cruises, has said that it will require crew members to receive theCovid-19vaccine before returning to work on their ships. All passengers embarking or disembarking at a U.S. port show proof of being fully vaccinated no less than two weeks before departure. However, the company has worked to control what it can control as cruisers return. Two major cruise lines have committed to requiring their crews to be vaccinated. Sign Up for Our Monthly Cruise Newsletter. Until then, the lines will implement a wide range of previously announced anti-COVID-19 health measures that include pre-cruise testing of all passengers and crew for the illness and a mask mandate in all public areas where social distancing is not possible. AmaWaterways. WebWe give you our exclusive bonus offers , plus all qualifying cruise line offers , plus all of the cruise line loyalty program benefits. On March 1, the cruise line also announced its first "fully vaccinated" cruise aboard the Odyssey of the Seas, which will be sailing in May from Israel. Call us at 800-811-1454 to speak to a Cruise Concierge today. The company is sitting on $701 million of cash and cash equivalents, nearly $600 million of availability under its credit revolver. Last month, the Centers for Disease Control and Prevention officially ended its pandemic-era program for cruise ships (months after the agency allowed its Conditional Sail Order to expire), choosing to no longer display the number of COVID-19 cases online. For departures through 2022, proof of vaccination or certificate of recent recovery is no longer required, though testing protocols will still be in place. Vaccinations are mandatory or COVID-19 recovery certificate for guests aged 12 years and above will be required for sailing on a Celestyal cruise. Looking for a helping hand in the market? The agency currently recommends all travelers are "up to date" with their COVID-19 vaccines before boarding a cruise. With inflation starting to ease, we think a trade sets up. All ship Traveler Ratings are based on ratings provided under license by Cruiseline.com. Ships feature enhanced air filtration with upgraded HVAC systems which are designed to replace air within public spaces and staterooms every five to six minutes. 14 things you should do before every cruise, How to plan a cruise with points and miles, The 5 most desirable cabin locations on any cruise ship, The 8 worst cabin locations on any cruise ship, A quick guide to the most popular cruise lines, 21 tips and tricks that will make your cruise go smoothly, 12 best cruises for people who never want to grow up, Do Not Sell or Share My Personal Information. Passengers who are not old enough to be vaccinated will not be allowed to sail. However, don't be surprised if you see avid adult cruisers of all ages, ranging from their mid-30s to late 80s. Oceania and Regent passengers will no longer be required to take a pre-departure coronavirus test at the pier before boarding, but instead must show proof of a negative test verified by a third party, Oceania spokesman Tim Rubacky told Travel Weekly. In North America, Indiana-based river cruise line American Queen Steamboat Company and its sister line, Victory Cruise Lines, announced a similar directive that will take effect July 1. Guests under 18-years-old will instead have to test negative for the virus. Photo: Michel Verdure/Courtesy of Norwegian Cruise Line, More Cruise Lines to Start Allowing Unvaccinated Passengers on Board, These Major Cruise Lines Just Dropped COVID-19 Testing Requirements for Shorter Sailings What to Know, These Cruise Lines Will Accept At-home Covid Tests for Unvaccinated Passengers, Margaritaville at Sea Becomes Latest Cruise Line to Ease Pre-boarding COVID Testing Requirement, These Cruises Are Skipping Bermuda on Certain Trips Due to COVID-19 Testing Policy, Uniworld to Become One of the First River Cruises to Drop Vaccine Requirements next Year, Anguilla Just Dropped Its Pre-arrival Testing for Vaccinated Travelers What to Know, Cayman Islands to Eliminate All COVID-19 Travel Restrictions What to Know, Where Can Americans Travel Right Now? We encourage guests to use VeriFLY , a secure, free digital health application that allows them the ability to easily upload required pre-embarkation information, like their proof of vaccination and/or negative COVID-19 test results. And with an almost one-to-one crew-to-passenger ratio, the line prides itself on its attentive staff and personalized experience. On March 23, Royal Caribbean announced another set of seven-night summer cruises, this time from Bermuda aboard the Vision of the Seas ship. The company just reported Q1 earnings, and it beat on the top and bottom lines against consensus estimates. The cruise line requires all guests have passports that are valid for six months after the cruise ends, regardless of ports of call. "Vaccinations will play a critical role in ensuring the health and safety of our guests, crew, and the communities we visit, which we prioritize above all else," Roberto Martinoli, president and CEO of Silversea Cruises, said in a press release. Like its previous announcements, these new cruises which will sail from June 26 through August will require crew members and adult guests to be vaccinated against COVID-19 "at this time." In Australia, all guests 12 years and older must be fully vaccinated at least 14 days before sailing with all required COVID-19 vaccine doses (including a booster shot). But over the last month, cruise lines have become increasingly vocal about the vaccine. They have spent much of that time really learning and putting in place new protocols designed for health and safety, she says. Plus, your own feed of TPG content. But its too early to tell whether we have the legal standing to mandate that you take a vaccine to come onboard lawyers are looking at it as we speak.. Starting Sept. 3, 2022, unvaccinated passengers ages 12 and older (or guests who cannot or decline to present proof of vaccination), need to provide a medically Its easier than ever to prepare for your cruise. We are proud to have created thousands of WINNERS. Like the Israel-based Odyssey of the Seas sailings, every adult passenger interested in this upcoming Adventure of the Seas collection will have to be vaccinated against COVID-19. From there, passengers will get to see tourist hotspots like Mykonos and Agios Nikolaos, Greece and Limassol, Cyprus. How long you're on board a Regent ship can vary greatly, with voyages ranging from seven to 168 nights. While the debt remains a prevalent risk, we think NCLH stock sets up here, especially when we consider the. Both crew members and guests over 16 years old will have to be vaccinated against COVID-19 in order to sail on the upcoming cruise. Currently, vaccinated travelers must show either a PCR test taken within three days of sailing, a rapid antigen test taken within two days of sailing, or proof they contracted COVID-19 and recovered, according to the cruise line. These cruises, which will sail from July 10 through October, will bring guests around Cyprus and Greece, including tourist hotspots like Athens, Mykonos, and Santorini. name is catching our attention for a trade. I have no business relationship with any company whose stock is mentioned in this article. The cruise company originally announced in April that it would require 100% of passengers and crew members to be fully vaccinated at least two weeks before boarding. Please view our advertising policy page for more information. And documented guests ages 12 and older who are fully vaccinated (according to the destination they are embarking and/or traveling to) no longer need to be tested for the coronavirus prior to sailing. Shares of cruise stocks have been mixed, however. Offers may be subject to change without notice. Earlier this month, Norwegian Cruise Line HoldingsLtd.was granteda preliminary injunction by U.S. District Judge Kathleen Williams, temporarily blockingFlorida's lawthat bans cruise companies from asking for proof of a COVID-19 vaccine to board. As anyone who has been on a cruise knows, there is food aplenty on these trips. Its hard to say how this will affect me, advisor Adam Martindale said. Next month, the cruise line will welcome unvaccinated guests, however, those 12 and older will need to show proof of a medically-supervised negative COVID-19 The vouchers were not refundable. WebComplete all required vaccination/testing requirements, as outlined in the Health Protocols Look Up Tool in step 1. You must be able to satisfy all of the above criteria in order to sail onboard Regent Seven Seas Cruises ship. Guests interested in Cunard's summer cruises must be fully vaccinated at least seven days before sailing, and will be required to show proof. The protocol changes reflect a larger trend in which several cruise lines have relaxed testing rules in recent weeks. On March 17, P&O Cruises owned by Carnival Corp announced a summertime Ultimate Escape cruise collection that will sail along the UK coast. That weighs on margins. Two more cruise lines announce vaccine requirement, This post contains references to products from one or more of our advertisers. So an example trade: Well, this is a high quality problem in that you made money. Colleen McDaniel is Cruise Critic's editor-in-chief. These are all the cruise lines that will require COVID-19 vaccinations for Saga The company is enjoying a record in advanced sales. Which Cruise Lines Require COVID-19 Vaccinations? All Rights Reserved. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Norwegian Cruise Line has extended its vaccine requirement through the end of the year,the cruise line announced Wednesday. Many cruise enthusiasts appear to be on the same page as Waggoner. Vaccines are not yet available to children under 12. American Queen Voyages. WebThe process is reversed for the return trip. Yes. Its truly an evolving process.. The majority of American Queen and Victory passengers are over the age of 65, which means they're already now eligible to receive the COVID-19 vaccine or soon will be. Vaccination requirements at mass-market brands were less likely, he said. Norwegian Cruise Line and its Regent Seven Seas Cruises have announced COVID-19 vaccine requirements for crew members prior to boarding. A small percentage of people who are fully vaccinated will still get COVID-19 if they'reexposed to the virus that causes it, according to theCenters for Disease Control and Prevention. To date, only three small-ship cruise lines have announced that they will require passengers to be vaccinated for Covid-19 before setting sail. We like a trade in Norwegian Cruise Line Holdings Ltd. stock following its Q1 earnings report. It has been a major struggle for cruise operators since the COVID-19 pandemic. Vaccines are required for all passengers until further notice, Planning a cruise? And on a Zoom call in December with a major cruise seller, Frank Del Rio, CEO of Norwegian Cruise Line, the, CDCs Framework for Conditional Sailing Order, survey of nearly 3,000 Cruise Critic readers, vaccine tracker from the Brown School of Public Health, These European Countries Are Launching Vaccine Passports, Canada Just Killed This Years Alaska Cruise Season. Fee is also hopeful that the remainder of cruise lines will follow suit soon. In this brief column, we outline a trade, and discuss performance and expectations for the company. Additionally, both Jimmy Buffett's Margaritaville at Sea cruise line and Virgin Voyages eliminated pre-boarding testing for all their vaccinated guests. "We believe there will be no safer way to travel the world than on a Viking voyage," Torstein Hagen, Viking's chairman, said in the press release.". Cruises: Princess Cruises ships had early COVID-19 outbreaks. WebView all of our Luxury Cruise sailings and offers. Disclaimers about ship ratings: A ships Health Rating is based on vessel inspection scores published by the Centers for Disease Control and Prevention (CDC). About two weeks later, it unveiled seven-day cruises beginning July from Barbados to the Caribbean, including destinations like Grenada and St. Maarten. But as the COVID-19 vaccine continues to be distributed across the globe, this could soon change. "That one-two punchis ironclad," Frank Del Rio, the company's president and CEO,told USA TODAY at the time, pointing to the new vaccination requirement and health andsafety protocolsthe company has implemented. "We're really encouraged by the latest rollout plans in the May time frame from the new administration, and we know the future is about vaccinations. These summertime cruises will bring guests from Nassau, Bahamas to islands like the Grand Bahama, Cozumel, Mexico, and Royal Caribbean's Perfect Day at CocoCay. Fully vaccinated guests will no longer need to Select sailings feature enrichment series led by experts in a variety of fields, from cultural anthropology to culinary practices. The BAD BEAT Investing service is a specialized carve out of Quad 7 Capital and launched in 2018. Gdansk, formerly Warsaw, is a port of call included on several summer sailings with Princess Cruises, Oceania Cruises, Norwegian Cruise Line, Viking Ocean Cruises and other cruise lines. Consider that Celebrity Cruises, Regent Seven Seas and Norwegian Cruise Line all have fall itineraries slated for a stop in Limassol, the largest port on the island of Cyprus and a popular stop for Mediterranean cruises. ALLEN: A survey of cruise customers by the website Cruise Critic found 80% of passengers prefer to sail on a ship with a vaccine requirement. Colleen McDaniel, editor-in-chief of Cruise Critic, says cruise lines have done an admirable amount of heavy lifting during the almost year-long pause in cruising since last March. In fact it saw a 15-point sequential improvement to approximately 101.5%, exceeding management's previous guidance of approximately 100%. Travel + Leisure is published by Meredith Corporation under license from Travel + Leisure Co. Companies including Royal Caribbean and Norwegian have announced vaccine requirements. It is simply a very cash-demanding business. Further, revenue per passenger, occupancy, and advance sales are all strong. Guests over Several cruise lines have started announcing vaccination requirements for guests and crew members as the industry looks to restart after the the COVID-19 pandemic. Royal Caribbean, Celebrity Drop Cruise Vaccination Requirements for Select Homeports. You may find an answer in our FAQs. Vaccination for sailings starting and ending in the U.S. is not required. WebMany major cruise lines require anyone who is eligible to receive a COVID-19 vaccine to be fully inoculated before being allowed to sail. In a recent survey of nearly 3,000 Cruise Critic readers, a hefty majority believed vaccines will be important to the restart of cruising. We know from our advisors that their unvaccinated clients have been waiting for this announcement, and I have no doubt that we will see a spike in cruise bookings. When we consider shares are at $13, the shares trade at 17X. Several cruise lines including Norwegian Cruise Line, Oceania Cruises and Celebrity Cruises have summer sailings scheduled with a stop in Tallinn, whose spectacular old town is just steps from the port. Editorial disclaimer: Opinions expressed here are the authors alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Bookings are strong and the company is working toward margin improvement. Hand washing sinks and sanitizer dispensers are available throughout every ship. People under 18 years old will instead have to receive a negative PCR test result within 72 hours of the trip. We opened here at $13.30 this morning. Royal Caribbean expects to require its crew members to receive the vaccine before sailings return, a spokesperson told Insider. American Queen operates four riverboats on the Mississippi River complex and in the Pacific Northwest. Which Cruise Lines Require COVID-19 Vaccinations? Sign up for notifications from Insider! New Details Released, 19 of the Best New Cruise Ships Launching in 2023, Review: InterContinental Danang Sun Peninsula Resort in Vietnam, 3 Tips for Planning the Best Family Vacation in the Caribbean. Norwegian Cruise Line's vaccine requirement was originally scheduled to end on Oct. 31. Call 800-211-2039 or book online at United Cruises Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. I will have a better idea at the end of this week.. Bookings are strong and the company is working toward margin improvement. It is simply a very cash-demanding business. These excursions range in activity level and duration and include See details about the on onboard experience , See details about the on shore experience , Centers for Disease Control and Prevention (CDC), Note: To see Regent's updated deposit, cancellation and rebooking policies due to COVID-19, visit its. Is this happening to you frequently? And all travelers 12 and older on a cruise to Canada will have to be vaccinated and get tested, according to Norwegian. Perhaps less money than you would have liked, but money nonetheless. We are betting on Norwegian Cruise Line Holdings Ltd. (NYSE:NYSE:NCLH), as we think the company is performing well and investors are willing to look to the future.
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