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Royal Caribbean reported a net loss of 3.6 million for the 2nd quarter. Management said that the entire loss resulted from declines in European travel. To quote Richard Fain, the Chairman and CEO of Royal Caribbean “The bummer, of course was Europe. We all knew there were challenges there, but we had not anticipated either the severity of the financial crisis or the roller coaster ride that politicians and the media have precipitated. And, of course, the Concordia impact there has been the greatest and the slowest to dissipate.”
What do you think is the most important factor that caused cruisers to avoid Europe this year?
Concordia
Weak Economy
Civil unrest including Arab Spring
High airfare rates
All of the above probably had a deleterious effect on European bookings. If you had to pick the most imortant, what would it be?
Give us your oponion and we will enter you into our weekly drawing for a $25 Visa gift card.
Everyone who responds will be entered into this week’s drawing for a $25 gift card. Responses must be called or emailed to Just Cruises Plus by this Thursday, August 9. The winner of this week’s contest will be announced next week.