Cruise Industry News - Financial

Providing snapshot of consumer spending, Industry strengths and history of strong performance compared to GDP and Other 'T&T' sectors - More

Net Yield increases 6.6% over prior year - More

Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) announced improved earnings for the second quarter of 2010 and provided higher guidance for the third quarter and full year 2010. - More

Fairstar Heavy Transport NV (FAIR) (OSE:FAIR) announces the successful completion of a private placement towards Norwegian and international institutional investors of 25,000,000 new shares at a price of NOK 8.50 per share. - More

The Walt Disney Company (NYSE: DIS) today reported earnings for its second fiscal quarter and six months ended April 3, 2010. Diluted earnings per share (EPS) for the second quarter increased 45% to $0.48 from $0.33 in the prior-year quarter. EPS for the current and prior-year quarter include the items discussed in the following paragraph. Exclu... - More

Net Yield Increases 5.7% Over Prior Year, Record EBITDA Achieved in the Quarter, a 14.2% Improvement Over Prior Year, Occupancy Percentage Sets New All Time High for a First Quarter at 107.9% - More

Carnival Cruise Lines is reporting record wave season bookings, with strong reservations activity for 2010 departures. As a result of the strong booking volumes, a general price increase will be implemented effective March 22 for all summer sailings in June, July and August. - More

EBITDA in the fourth quarter improved to $37.4 million from $6.6 million and to $324.1 million from $228.1 million for the year - More

Luxury cruise specialist Crystal Cruises reports that soaring sales for its 2010 cruises continued through the end of January. Bookings for the month were 205% greater than for the same month in 2009. Additionally, to date, new-to-Crystal guests booked for 2010 are 89% of totals for all of 2009. - More

Fourth quarter 2009 net income increased to $3.4 million, or $0.02 per share, compared to net income of $1.5 million, or $0.01 per share in 2008. - More