Cruise lines are banking on regular sailings next year
Significance The largest cruise companies, Carnival, Royal Caribbean and Royal Norwegian, expect no sailings from US ports until at least November. The COVID-19 pandemic shut down global cruising in mid-March, condemning older ships to the breakers and disrupting the working lives and incomes of some 1.5 million people. Impacts Hotels, restaurants, airlines and tour companies offering cruise passengers facilities have lost custom, leading to closures. Ship financing is becoming harder to secure and increasingly costly. A market that emphasised global outlook is fragmenting into short-haul regional operations. Once-popular months-long world cruises have been suspended, with many ports refusing entry.
2014 ◽
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2020 ◽
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pp. 489-506
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2018 ◽
Vol 39
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