River cruise lines forging ahead with Christmas market voyages

Christmas celebrations may end up being rather different this year, with the potential of tough restrictions on how many can gather, and where we can travel, but river cruise fans can still get into the festive spirit amid Covid-19.

For while the situation with ocean cruising remains largely uncertain – the US Centers for Disease Control and Prevention opted to extend its ‘no sail’ order through October 31 while Canada, the Cayman Islands, Australia, New Zealand, Spain and the Seychelles all have cruise bans in place until the end of the year – river cruise lines have been quietly making their comeback.

German river cruise company, A-Rosa, successfully resumed cruises on the Douro, the Danube, the Rhine and the Rhone over the summer, as did Amadeus and Strasbourg-based CroisiEurope. And all three outfits are offering Christmas markets cruises to British passengers – even with quarantine requirements on the arrival

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eB2B Retail in India – Cruise Control Post COVID-19

DUBLIN, Oct. 13, 2020 /PRNewswire/ — The “Unlocking the Indian EB2B Retail Opportunity” report has been added to ResearchAndMarkets.com’s offering.

Driven by consistent expected increase in private consumption, the Indian retail market is expected to grow at ~10% CAGR to reach ~$ 1.6 TN by FY 25. Despite the current economic slowdown and the expected normalized real GDP forecast of 6 to 7%, this report expects the private consumption expenditure to continue driving ~60% of the nominal GDP. This is predominantly going to be driven by consumer retail consumption of goods, which is expected to continue driving ~50% of the private consumption. Driven by the same, the consumer retail market will grow at 10% YoY from nearly $900 BN today to reach $1.6 TN by FY 25.

This huge retail market is facilitated through a long B2B retail supply chain between the brand/manufacturers, and the end consumer through multiple

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Cruise Ship Stocks Sink as Royal Caribbean Plans to Raise Capital

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A Celebrity Infinity Cruise ship, owned by Royal Caribbean Group, in Miami.


Joe Raedle/Getty Images


Royal Caribbean Group

unveiled plans Tuesday to raise $1 billion in new capital, the latest effort by a cruise operator to shore up liquidity as business remains sharply curtailed by the pandemic.

Royal Caribbean (ticker: RCL) said it has launched a private offering of $500 million in senior convertible notes due 2023, with a purchaser option to buy an additional $75 million of the convertible notes. It has also launched a public offering of $500 million shares of common stock, with an underwriter option to buy $75 million in additional shares.

Shares of all three major U.S. cruise operators were lower after the news. Royal Caribbean was down 10.9%, at $62.19, in recent trading, while rival

Carnival

(CCL) was off 6.5%, at $14.22, and

Norwegian Cruise Line Holdings

(NCLH) was down 6.9%, at

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Why Royal Caribbean, Carnival, and Norwegian Cruise Line Stocks Plunged Today

What happened

Shares of Royal Caribbean (NYSE:RCL) sank on Tuesday after the cruise ship company said it was seeking to raise another $1 billion to fund its operations during the coronavirus pandemic. Fellow cruise ship operators Carnival (NYSE:CCL) (NYSE:CUK) and Norwegian Cruise Line Holdings (NASDAQ:NCLH) also fell on the news.

As of 10:40 a.m. EDT, Royal Caribbean, Carnival, and Norwegian Cruise Line Holdings were down 10%, 6%, and 6%, respectively.

So what

With most of its fleet unable to leave port due to COVID-related sailing restrictions, Royal Caribbean has suffered heavy losses during the coronavirus crisis. In just the first six months of 2020, it generated a net loss of $3.1 billion. 

Unfortunately, those losses are set to grow even larger in the coming months. Royal Caribbean said that while it hopes to resume voyages by Dec. 1, it could “provide no assurance” that it will be able to restart

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Kearney Cruise Nite still a go despite COVID numbers



a car parked in a parking lot: The annual Kearney Cruise Nite, usually held on the third weekend of July was postponed due to the pandemic and will go on as planned Oct. 13-18.


© Provided by Lincoln & Hastings-Krny KSNB
The annual Kearney Cruise Nite, usually held on the third weekend of July was postponed due to the pandemic and will go on as planned Oct. 13-18.

KEARNEY, Neb. (KSNB) – The annual Kearney Cruise Nite, usually held on the third weekend of July was postponed due to the pandemic.

Instead, organizers moved the popular five-day automobile festival until October. And while COVID-19 cases have been increasing in the district, the event has been given the green light for October 13-18.

Two Rivers Public Health approved the event plan for Kearney Cruise Nite Week. Two Rivers said while the activities do take place outside, there are still some safety recommendations they would like to pass along to those who plan on attending.

A press release from Two Rivers last week indicated that the Kearney area has been identified as a local hot

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Cruise stocks lead S&P 500’s losers after Royal Caribbean’s $1 billion in stock, debt offerings


Getty Images

Shares of cruise companies took a beating Tuesday, with Royal Caribbean Group hit the hardest after announcing a total of $1 billion worth of public stock and private convertible debt offerings, and providing a bookings update.

Royal Caribbean’s stock
RCL,
-13.66%

dove 13.2% in afternoon trading, to pace all of the S&P 500 index’s
SPX,
-0.62%

decliners. The stock is on track for the biggest one-day decline since it tumbled 14.3% on June 11.

Trading volume jumped to 14.8 million shares, or more than double the full-day average of about 6.2 million shares, according to FactSet.

The stock’s selloff also weighed on Royal Caribbean’s peers, as shares of Norwegian Cruise Line Holdings Ltd.
NCLH,
-8.85%

dropped 7.3% to be the second-biggest S&P 500 loser, and Carnival Corp.
CCL,
-7.69%

slid 7.2% to be the third-biggest decliner.

Royal Caribbean said before the open that it had commenced a public

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Plan ahead with these seasonal cruise getaways

Travel restrictions across the globe and constant changes to the UK’s safe travel list have quashed most people’s hopes of a 2020 Christmas cruise … but it’s a great time to pre-plan for 2021.

There are multiple festive holiday cruises to consider, but here are top picks recommended by Iglu Cruise and Planet Cruise.

Christmas Markets of Europe, Emerald Waterways, departs December 1, 2021

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This 14-night cruise through Europe begins with an overnight stay in Budapest and a day exploring the ancient Castle district. Then guests set sail for Bratislava, to browse and buy handcrafted festive ornaments and warm up with traditional Slovakian spiced wine.

In Vienna there is an exclusive tour of Ringstrasse, dotted with decorations and markets bursting with baked goods and hot chocolate. Then it’s on to the quaint German town of Rudesheim,

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Carnival, Royal Caribbean, and Norwegian Cruise Line Might Not Sail Until 2021

Carnival (NYSE:CCL)(NYSE:CUK) tried to dip its feet into the chilly November waters, but it’s now joining its smaller rivals in hoping for a December relaunch. Things could get worse. If the Centers for Disease Control and Prevention (CDC) reportedly has its way, we may have to wait until at least February to get the out-of-favor cruising industry back in business. 

The moment the CDC extended its No Sail Order until the end of October, we saw Royal Caribbean (NYSE:RCL) and Norwegian Cruise Line Holdings (NASDAQ:NCLH) cancel all U.S.-originating sailings until early December. With the CDC extending the order a few times now — and often near the end of the travel ban — they didn’t want to be caught with displaced passengers scrambling at the port for nixed voyages. Carnival initially decided on a clever gamble. It would move most of its future cruises until at least December, but

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What’s a cruise cabin guarantee and will it save you money?



a bedroom with a bed and a chair in a room


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If you’re new to cruise vacations, you may wonder about cruise fares that are labeled “cruise cabin guarantee.” What does that mean, and can booking a guaranteed cabin save you money or help convince the upgrade fairy to visit you? Let’s find out.

For more cruise news, reviews and tips, sign up for TPG’s free cruise newsletter.

Cruise cabin types and categories

Let’s start with the basics. When you look at cruise fares, you’ll see that they can vary widely for the same itinerary. The price differential is due to the cabin type you select. An interior stateroom with no windows will generally be much cheaper than a similar cabin with a balcony or one of the ship’s

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Royal Caribbean’s cruise to nowhere sees bookings go up by 500%, first sailing almost sold out

Following the announcement of cruises to nowhere in Singapore, two cruise lines — Royal Caribbean and Dream Cruises — unveiled its slate of packages (to nowhere).

And it seems cruises to nowhere are quite a hit among Singapore residents.

First sailing almost sold out

In response to Mothership queries, managing director for Royal Caribbean Group Asia Pacific Angie Stephen shared that customer demand has “exceeded expectations”.



a large ship in a body of water: Photo from Royal Caribbean Cruise.


© Provided by Mothership
Photo from Royal Caribbean Cruise.

As cruises can only cater up to 50 per cent occupancy for now, Royal Caribbean’s Quantum of the Seas can accommodate up to approximately 2,000 guests at one time.

Bookings have gone up 500 per cent compared to the past two weeks and as of the time of writing, the first sailing on Dec. 1 is almost sold out.

The cruise line has seen a demand for its December sailings and it isn’t surprising since

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