Cruise

Recent discussions around the taxation of cruise ships have sparked turbulent reactions in the financial markets, with cruise line stocks nosediving following comments from U.S. Secretary of Commerce Howard Lutnick. This move was perceived as a potential shift in the tax landscape for an industry that operates largely under foreign flags. However, the nuances involved
As of early 2024, the Norwegian Cruise Line Holdings (NCLH) finds itself at a critical junction, grappling with potential fiscal threats stemming from proposals to tax the cruise industry. While it is still too early to grasp the full implications of these discussions initiated by the Trump administration, the company’s CEO, Harry Sommer, has been
The cruise industry is in a constant state of evolution, with annual trends influencing consumer behaviors and business strategies alike. One pivotal period is the Wave Season, a time characterized by significant sales and promotional offers that stimulate booking rates. Traditionally considered to commence in January, there’s a growing debate about whether this season extends
The travel industry is constantly evolving, with companies continuously seeking innovative ways to enhance customer experiences. One of the notable developments in luxury cruising is the collaboration between Crystal, a once-renowned cruise line, and Abercrombie & Kent (A&K), a prestigious name in high-end travel experiences. Almost three years after A&K acquired Crystal, this partnership is
The cruise industry has long enjoyed a favorable tax climate, often operating under flags of convenience such as Liberia or Panama. These choices have allowed cruise operators to circumvent U.S. taxation, maintaining significant profits while contributing minimally to federal revenues. Recently, comments from U.S. Secretary of Commerce Howard Lutnick suggest that this might change. Highlighting
In a significant shift within the cruise industry, Oceania Cruises has announced the departure of its president, Frank A. Del Rio. This decision comes on the heels of Jason Montague’s return to Norwegian Cruise Line Holdings as chief luxury officer, a role where he will oversee both Regent Seven Seas Cruises and the Oceania brands.
The cruise industry, once synonymous with luxury, exploration, and economic growth, now faces an existential challenge in some of the world’s most picturesque locales. One such battleground is the iconic Nice-Côte d’Azur, where government officials are contemplating stringent restrictions on cruise ships. The recent decree signed by Nice Mayor Christian Estrosi poses an outright ban
Over the last two decades, the consumption of green tea has become a cherished morning ritual for countless individuals around the globe, including myself. However, it wasn’t until a recent voyage that I began to appreciate the intricate process and cultural heritage that transforms tea leaves into the soothing beverage we enjoy daily. Aboard the
HX Expeditions Holdings has officially emerged as a standalone entity following its separation from Hurtigruten Group, a decision that marks a significant evolution within the cruise industry. This pivotal transition has been coupled with a substantial investment commitment amounting to 140 million euros aimed at modernizing and enhancing its fleet. The strategic allocation of funds
The travel landscape is constantly evolving, and one trend that is rapidly gaining traction is adventure cruising. The 2025 Virtuoso Luxe Report highlights this style of travel as a primary focus for discerning globetrotters. Unlike traditional cruises that lean heavily on luxury and comfort, adventure cruises emphasize immersive, nature-based experiences that cultivate a deeper understanding
In late January, the picturesque island of Santorini, Greece—a hotspot for tourists seeking stunning sunset views and rich history—has found itself at the center of a geological mystery. Over the course of just two weeks, scientists have detected an astounding number of earthquakes in the vicinity, primarily of small magnitudes. The University of Athens‘ crisis
In recent years, Forbes Travel Guide has embarked on an exciting expansion from its traditional focus on evaluating hotels, restaurants, and spas into the dynamic realm of the cruise industry. This evolution began in 2023 when the prestigious travel guide initially reviewed a select number of cruise ships, a move that reflected the growing interest
When one thinks of cruise ships, the first images that come to mind often revolve around sprawling decks, luxurious pools, and gourmet dining options. Yet, beneath the surface of these floating resorts lies a world often unseen by guests—hidden areas that serve various operational purposes. However, aboard the Margaritaville at Sea’s newest and most expansive
As the cruise industry gradually emerges from the shadows of the pandemic, the recent announcement regarding Jan Swartz’s resignation from Carnival Corp. marks a significant transition for the company. Swartz, who has spent an impressive 24 years with the organization, has made remarkable contributions to the cruise sector through her various leadership roles, culminating in
The Margaritaville at Sea Paradise, a beloved floating oasis, is set to undergo a transformation aimed at enhancing guest experiences with a range of exciting dining and entertainment upgrades slated for late March. This revitalization promises to bring a vibrant atmosphere onboard, attracting seasoned cruisers and first-time travelers alike with new flavors and engaging social
Oceania Cruises has established a reputation as a premier choice for luxury cruise enthusiasts, particularly those who prioritize fine dining experiences at sea. The cruise line has effectively differentiated itself in the competitive cruise market by incorporating a rich culinary focus, collaborating with renowned chefs and culinary personalities to elevate the onboard experience. This article
As the luxury travel sector recuperates from the disruptions caused by the pandemic, industry experts are beginning to voice concerns about potential shifts in pricing structures. Although the demand for high-end accommodations and exclusive experiences remains robust, certain indicators suggest that price reductions may soon become necessary for many luxury hotels and cruises. This commentary
Royal Caribbean Group’s recent announcement regarding its entry into the river cruise market has garnered significant attention and speculation within the travel industry. Although the decision to diversify from ocean cruising may seem unexpected for a company primarily recognized for its massive vessels that sail the high seas, industry insiders argue that this strategic expansion
Nestled an hour east of Orlando, Port Canaveral has seen remarkable growth over the past few years, solidifying its status as the second-busiest cruise port in the world, trailing only PortMiami. Historically a launch pad for older vessels offering short jaunts to the Bahamas and other select destinations, the port is now attracting some of
This month, Royal Caribbean Group achieved historic booking levels during the Wave season, an accomplishment recently detailed by CEO Jason Liberty during the company’s fourth-quarter earnings presentation. This record-setting performance comes on the heels of a series of prior exceptional weeks leading into late last year, showcasing a robust recovery in the cruise industry that