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Blech! Nattering Nabobs of Negativity! :+)
In article
, Warren wrote: Oceania's parent company owns Regent Seven Seas and half of NCL. They're not such a small player. Why would one use Oceania and Regent which truly are a premium section of the industry as opposed to some that are marketed as premium but really are not, as indicators of the health of the cruise industry? Oceania and Regent combined have only 4000 berths to fill. There is a limited supply of berths for that niche even if they build one more 1200 passenger ship. Their customer base is not the average middle class joe or jill. The mass market lines have single ships in their fleet with 4000 berths and the mass market lines can't fill their ships with business executives or plastic surgeons, their customer base is among middle class workers who are hurting right now. -- Charles |
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Blech! Nattering Nabobs of Negativity! :+)
On Feb 27, 6:54*am, Charles wrote:
Why would one use Oceania and Regent snip as indicators of the health of the cruise industry? I didn't comment on the health of the industry. I commented on what you said about Oceania being a small player. I disagree. I reminded you that Oceania is part of a larger company and noticed that you completely ignored that the parent company now also owns half of NCL (which has finally become profitable). It's like saying that Cunard isn't a major player without acknowledging that Cunard is managed by Princess and part of the Carnival empire. If Oceania wasn't a influential player, RCI wouldn't bother with Azamara. Warren |
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Blech! Nattering Nabobs of Negativity! :+)
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Blech! Nattering Nabobs of Negativity! :+)
In article
, Warren wrote: I didn't comment on the health of the industry. I commented on what you said about Oceania being a small player. I disagree. I reminded you that Oceania is part of a larger company and noticed that you completely ignored that the parent company now also owns half of NCL (which has finally become profitable). I ignored it because it was not relevant. We are talking about Oceania, not a parent company that is managing the investments of a group of investors. That they are under some larger umbrella not make them a major player. Likewise Azamara Club does not become a major player just because it is owned by Royal Caribbean International. These are small brands that serve a niche market. That does not mean Oceania is not a great product. It appears to serve it's niche quite well, it gets great reviews, so adding a couple of ships hopefully will work out well for them. But adding those particular berths is not a general indicator of the health of the cruise industry or it's pricing structure. -- Charles |
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Blech! Nattering Nabobs of Negativity! :+)
On Sat, 27 Feb 2010 19:40:34 -0500, Charles
wrote: But adding those particular berths is not a general indicator of the health of the cruise industry or it's pricing structure. Hi Charles, I agree with you that taken by itself, you should not extrapolate the health of the cruise industry by Oceania. In this thread and the other threads on this subject, other cruise lines were mentioned as raising fares due to the strong bookings we have had so far this year. Carnival is the largest brand. Carnival is the brand that said bookings were strong. Carnival is the brand that said they were raising rates across the board. The Carnival Corporation is the company that made $1.8 Billion last year. This compares to $2.3 Billion they made the year before. The company has said this year's bookings are better than last year. Will the strong bookings keep up when the rates go up. I do not know but those at the cruise lines must think the net results will be positive or they would not raise the rates. I guess time will tell. -- Ray Goldenberg 800-719-9917 or 805-566-3905 Lighthouse Travel http://www.lighthousetravel.com Follow us on Twitter http://twitter.com/lighthousetravl Follow us on Facebook http://www.facebook.com/ray.goldenberg |
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