Royal Caribbean’s Announced Cruise Trips
With the cruise company taking in almost no revenue at all over the course of the previous 52-week period, the announcement of ships beginning to sail again starting in May of 2021 has been a huge relief to shareholders and travelers alike. In order to achieve this as the final months of the pandemic continue to drag on, the company has only opened up this new trip to fully vaccinated customers above the age of 16.
This would mark the first time that travel of this kind has been attempted since the pandemic took hold across the globe. Restricting access only to those who have been vaccinated may be a marker for how other businesses in the travel and leisure industry move forward as well.
The company will be setting sail on their newest ship, Odyssey of the Seas, as passengers will begin and end their voyage out of Haifa, Israel. On the trip, passengers will also visit several Mediterranean cities in Greece and Cyprus, with both nations making special preparations to avoid any issues with travel and risk. The ship created by the business also includes several amenities, including restaurants, surf simulators, indoor skydiving, robot bartenders, and a massive sports complex.
Stock Market Reaction and Possible Future Plans
Royal Caribbean stock has been trading well today, with company shares up around 3% as news of new business has investors excited for 2021. The company appears to have no plans to slow down if these voyages are a success as well, with business plans already in place for possible cruises in Barbados boosting business sometime this winter. More new business for the company will have to wait for vaccination efforts to scale up globally in many popular areas if their vaccination policy continues for future voyages.
In a statement released alongside the business announcement, Prime Minister of Israel Benjamin Netanyahu said, “Thanks to the millions of vaccines we have brought, I am proud that Israel will be the first country in the world to launch Royal Caribbean’s new flagship. Royal Caribbean's decision to come to Israel is a significant expression of confidence in our policy. This is an important economic, touristic moment for the State of Israel. Israel is a global model of success. We will continue our program – the ‘green passport’ – so that we can get out of the COVID-19 virus in peace.”
About the Author
Tom Price is a writer focusing on entertainment and sports features. He has a degree from NYU in English with a minor in Creative Writing. He has been previously published for Washington Square News, Dignitas, CBR, and Numbers on the Boards.