Wanting again at 2020, it’s not shocking that our readers ravenously consumed information concerning the impression of Covid-19 on the cruise business. Right here, in no specific order, are the most-read cruise business articles on TravelWeekly.com.
Whereas there are few surprises, the choices point out the numerous methods the extended cruise shutdown affected the business.
Among the many hottest was a report from the top of Could that mixed separate interviews with two senior executives, Royal Caribbean Group CEO Richard Fain and Carnival Corp. CEO Arnold Donald, to provide an concept of what which might contain a return to service, lengthy earlier than anybody might. Think about that the cruise business would nonetheless shut down in 2021. Even then, non-public islands, shorter journeys, and heavy automobile markets had been predicted to be a part of a return-to-service mannequin.
One other standout learn was a report on a Donald interview on HBO’s Axios present, one of many first occasions a cruise government publicly addressed the monetary issues going through the business and reacted to the controversy over whether or not cruise corporations, which aren’t based mostly within the US, you possibly can obtain ransom cash (Donald stated Carnival Corp. was not requesting federal funding). Donald stated within the interview prophetically that whereas he hoped “this isn’t going to final without end, we’ve got to plan as if it’ll final the entire 12 months.”
It additionally appeared that the flexibility of cruise traces to resist a chronic shutdown was of significance to advisers: One of the vital learn tales in 2020 was Norwegian Cruise Line Holdings’ choice in Could to replenish its liquidity cushion by elevating $ 2.2 billion. of dollars. It was one among many strikes by cruise corporations to shore up their liquidity all year long and one of many first main indicators of investor confidence within the sector.
One other well-liked subject was the European Union tips for cruise resumption, which included onboard separation by age group, decreased capability, and Covid testing of all passengers, indicating our readers’ enthusiasm for understanding how. It could possibly be the cruise ship of the Covid period, a minimum of someplace, in addition to a serious milestone to get the business shifting once more.
Three of the highest 10 tales had been from the early days of the outbreak, when some ships had been nonetheless at sea however had bother discovering ports to disembark at, whereas others had been coping with Covid outbreaks on board and pleading with ports to they are going to settle for them.
One story that was anticipated to be well-liked was concerning the CDC’s October 30 announcement that it was dropping the Do Not Sail Order and implementing a Conditional Boating Order. Whereas the change would not imply that cruise ships would not be leaving US ports within the quick time period, a minimum of it will definitely offered a path for the resumption of cruises.
Among the many newcomers to essentially the most learn tales of the 12 months is a subject that’s certain to be on vacationers’ minds as Covid-19 vaccines are rolled out: Norwegian Cruise Line Holdings CEO Frank Del Rio’s report that claims the cruise firm was contemplating whether or not it may possibly require vaccination of cruise passengers.
Even the articles indirectly associated to Covid had been, like virtually all the things in 2020, definitely tangential, like this report on the numerous adjustments within the management of the cruise business. For an business through which C-suite doorways usually carry the identical names for many years, cruise traces final 12 months noticed an government shakeup which may be unmatched.