Royal Caribbean signs MOU with Shanghai International
Royal Caribbean Cruises announced that the company has signed a Memorandum of Understanding with Shanghai International Port at Shanghai International Passenger Terminal yesterday. The memorandum will strengthen the strategic partnership between the two parties in areas of cruise operations in port, market promotion, staff training and management experience exchange. This cooperation will open more gateways to overseas visitors to Expo 2010 Shanghai and further boost China's cruise market. :theflyonthewall.com
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Royal Caribbean says cruise bookings down 20% after Costa Concordia accident
Says cruise bookings down 20% in the two weeks after the Costa Concordia accident. Says over the last five days, new reservations are down in the low to mid teens with each day showing slightly better performance. Says North American demand appears to be recovering steadily. :theflyonthewall.com
Royal Caribbean anticipates yield improvement for the full year 2012 to be in a range between 1% and 5% on a Constant-Currency basis and between flat and 4% on an As-Reported basis versus the prior year. :theflyonthewall.com