Norwegian Cruise Line riding the Wave

By Tom Stieghorst
Norwegian Cruise Line CEO Kevin Sheehan said Wave season bookings are similar to those reported earlier this month by Royal Caribbean Cruises Ltd.

"It's in the twenty-percentage zone," Sheehan said of the year-over-year improvement from 2012.

In a conference call with analysts, he said the year started slowly because Christmas and New Year's fell on a Tuesday, but activity has since improved.

The jump doesn't take into account favorable comparisons caused by the dramatic drop in bookings last year after the Costa Concordia crash on Jan. 13, 2012.

Sheehan said it is still early, but said European bookings aren't notably different from domestic ones.

In its call with analysts, Royal Caribbean said that domestic bookings looked stronger than in some European countries, notably Spain and the U.K.

Asked if there was pricing power in Europe, Sheehan said it is way too early to tell.

Follow Tom Stieghorst on Twitter @tstravelweekly. 
This page is protected by Copyright laws. Do Not Copy. Purchase Reprint
blog comments powered by Disqus

View Comment Guidelines

Please upgrade your Flash Player.
Please upgrade your Flash Player.

Travel Weekly Poll

Voices

  • Consumer media discover that travel agents do exist

    "Contrary to some thoughts, travel agents do exist ... We are usually able to get clients better prices, and we know we can see that clients have better experiences. And as our personal motto is: Our Service Travels With You."

    More»

TW Index: Most Active Stocks

Latest Top News:
Caribbean
Europe
Travel Weekly is on Facebook
Viewpoints For Travel Agents
Travel Weekly Topics