We are the team behind the top performing investing group BAD BEAT Investing. In light of changes to travel restrictions on citizens from seven specific countries (Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen), all guests who may be affected by these changes should first check with their local embassy or consulate, and also verify requirements with the United States State Department, Department of Homeland Security, and/or Customs and Border Protection for further information on visa and/or travel requirements prior to commencing your travel. food and labor costs. Terms apply to the offers listed on this page. Norwegian cruises will require COVID vaccine proof through Dec. 31 The previously announced measures will continue after the vaccine requirement goes into effect. These summertime cruises will bring guests from Nassau, Bahamas to islands like the Grand Bahama, Cozumel, Mexico, and Royal Caribbean's Perfect Day at CocoCay. Cruises As anyone who has been on a cruise knows, there is food aplenty on these trips. Norwegian also has access to a $300 million unsecured and undrawn commitment through January 2, 2024, which enhances future liquidity as it becomes available to draw on October 4, 2023. Earlier this month, Norwegian Cruise Line HoldingsLtd.was granteda preliminary injunction by U.S. District Judge Kathleen Williams, temporarily blockingFlorida's lawthat bans cruise companies from asking for proof of a COVID-19 vaccine to board. While Q1 is weak, for the year, earnings will be positive. Voyage Health | Regent Seven Seas Cruises The cruise company originally announced in April that it would require 100% of passengers and crew members to be fully vaccinated at least two weeks before boarding. The cruise line is also requiring a negative coronavirus test result from travelers and crew members, among other health protocols. Starting next month, unvaccinated travelers will be allowed to board if they show proof of a negative PCR or antigen test taken within three days of their trip, according to the cruise line. Impacts of a recession on bookings are a risk. Alain DENANTES/Gamma-Rapho via Getty Images, Hauke-Christian Dittrich/picture alliance via Getty Images, Soeren Stache/picture alliance via Getty Images, NOW WATCH: The coronavirus could affect the accuracy of the 2020 census and that could decide who gets a vaccine. According to John Waggoner, CEO and founder of American Queen Steamboat Company, requiring the vaccine will ensure the "safest cruising experience possible." And on a Zoom call in December with a major cruise seller, Frank Del Rio, CEO of Norwegian Cruise Line, the, CDCs Framework for Conditional Sailing Order, survey of nearly 3,000 Cruise Critic readers, vaccine tracker from the Brown School of Public Health, These European Countries Are Launching Vaccine Passports, Canada Just Killed This Years Alaska Cruise Season. Adjusted EBITDA is expected to be in the range of $1.8 to $1.95 billion. "We believe that through a combination of 100% mandatory vaccinations for guests and crew and science-backed public health measures we can create a safe, 'bubble-like' environment for guests and crew.". Yes. Like the Israel-based Odyssey of the Seas sailings, every adult passenger interested in this upcoming Adventure of the Seas collection will have to be vaccinated against COVID-19. How long you're on board a Regent ship can vary greatly, with voyages ranging from seven to 168 nights. Sign up to become a Regent Insider and be the first to learn about the latest special offers, company announcements, and voyage collection debuts. On March 23, Royal Caribbean announced another set of seven-night summer cruises, this time from Bermuda aboard the Vision of the Seas ship. For more cruise news, reviews and tips, sign up for TPG's new cruise newsletter. Under the guidance of globally recognized public health experts and to prioritize the health and safety of our guests, crew and the communities we visit, we have decided to extend guest vaccination requirements for all sailings through December 31, 2021," Norwegian Cruise Line said in a statement provided by Christine Da Silva, vice president of communication and events for Norwegian Cruise Line. Ships begin boarding at noon on the scheduled day of departure. The decision to make COVID-19 vaccinations mandatory for guests was based on the "advanced progress of the UK vaccination program and strong expressed preference on the part of our guests," P&O said in a press release. More than e, Two major cruise lines have committed to requiring their crews to be vaccinated. The company lost $0.30 per share which beat by $0.13. They have spent much of that time really learning and putting in place new protocols designed for health and safety, she says. These are all the cruise lines that will require COVID-19 vaccinations for Saga Cruises Labor inflation is expensive. This sailing order was again updated on April 2. That same day, Silversea also unveiled its plans to resume sailing on June 18 with 10-day Mediterranean cruises from Greece aboard the Silver Moon ship. In December, the top executive of the parent company of Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises said its lawyers were examining the legality of such a requirement for passengers. Improve earnings, maximize rewards and track progress toward dream trips. However, the cruises will only be available to UK residents who have been fully vaccinated against COVID-19 at least seven days before the trip. Ports of call may push large cruise lines into vaccine mandates for passengers. There's also plenty to do without leaving the ship, including nightly onboard entertainment, the Serene Spa &Wellness centerand a putting green. It is simply a very cash-demanding business. When she's not in New York City, she likes to spend her time at the beach or exploring new destinations and hopes to visit every country in the world. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Find a Cruise on Regent Seven Seas Cruises. So an example trade: Well, this is a high quality problem in that you made money. Plus, your own feed of TPG content. This robust and comprehensive health and safety strategy includes new and enhanced protocols to create multiple layers of protection against COVID-19. Now, Norwegian is hoping the CDC will allow it to bypass the Conditional Sailing Order, therefore bringing the cruise line's sailings from US ports back by July 4. You may update your preference at any time. We like buying on declines as noted in the trade above to scale in. To protect our guests, crew and the communities we visit, we have enhanced our commitment to health and safety with the development of And with an almost one-to-one crew-to-passenger ratio, the line prides itself on its attentive staff and personalized experience. Further, as we look ahead, full year 2023 adjusted EPS guidance improved to $0.75. cruise cruise From there, passengers will get to see tourist hotspots like Mykonos and Agios Nikolaos, Greece and Limassol, Cyprus. This is a BETA experience. All five of Regent's ships (plus one more debuting in 2023) Seven Seas Navigator,Seven Seas Mariner,Seven Seas Explorer, Seven Seas Voyagerand Seven Seas Splendor offer all-suite accommodations. While some companies such as Carnival and its Holland America line are "reviewing" the different vaccines, several others have already announced vaccination protocols for guests and crew members. Cruise Line COVID-19 Vaccination Policies In a recent survey of nearly 3,000 Cruise Critic readers, a hefty majority believed vaccines will be important to the restart of cruising. See Terms and Conditions COVID-19 requirements may differ in destinations that have specific mandates, such as Canada, Greece and Bermuda. Cookies collect information about your preferences and your device and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. We like a trade in Norwegian Cruise Line Holdings Ltd. stock following its Q1 earnings report. For cruises in Vietnam and Cambodia: guests are required to be fully vaccinated with an EMA* or other** approved vaccine (Based on current requirements of Cambodia). To date, only three small-ship cruise lines have announced that they will require passengers to be vaccinated for Covid-19 before setting sail. Colleen McDaniel is Cruise Critic's editor-in-chief. WebAll guests are welcome regardless of vaccination status and vaccination and testing requirements have been lifted! This is the news weve been waiting for, said Michelle Fee, CEO and co-founder of Cruise Planners. For cruises of 14 nights or fewer, final payment is due 120 days prior to departure. That weighs on margins. We use cookies and other technologies to enhance and personalize your website experience, and as described in our. Coming into the start of Q2, Norwegian's advance ticket sales balance, including the long-term portion, was a record $3.4 billion, Folks this was over 25% more than the prior quarter and nearly 60% higher than Q1 2019.
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