I have no business relationship with any company whose stock is mentioned in this article. Accordingly, it is Fuel costs remain a headwind, as does currency issues, but based on earnings and what we believe will be a successful plan to boost liquidity, we are betting on Norwegian. You may find an answer in our FAQs. However, the company has worked to control what it can control as cruisers return. We also embrace a buy-write strategy here targeting OTM calls 6 months out for additional premium if willing to hold. COVID-19 requirements may differ in destinations that have specific mandates, such as Canada, Greece and Bermuda. This robust and comprehensive health and safety strategy includes new and enhanced protocols to create multiple layers of protection against COVID-19. You may update your preference at any time. WebMany major cruise lines require anyone who is eligible to receive a COVID-19 vaccine to be fully inoculated before being allowed to sail. Sign up to become a Regent Insider and be the first to learn about the latest special offers, company announcements, and voyage collection debuts. Sign up to become a Regent Insider and be the first to learn about the latest special offers, company announcements, and voyage collection debuts. Cruise Lines With Covid Vaccine Requirements for Guests and Crew We like buying on declines as noted in the trade above to scale in. Only available for upcoming cruises. Which Cruise Lines Require COVID-19 Vaccinations? Norwegian Cruise Line Holdings Ltd. (NCLH). Celebrity Cruises. What Cruise Lines Allow Unvaccinated Guests - Cruise Radio 2023 Regent Seven Seas Cruises, Inc. Please be advised that the United States Department of the Treasury through the Office of Foreign Assets Control (OFAC) has issued a series of comprehensive sanctions against various countries, and specifically, CRIMEA, NORTH KOREA (DEMOCRATIC PEOPLES REPUBLIC OF KOREA), CUBA, SUDAN, SYRIA, IRAN, RUSSIA and BELARUS. and Privacy Policy. All Rights Reserved. These new guidelines didn't reflect the cruise industry's hope of a sailing return by July, but did recommend cruise lines to establish a timeline for crew and port workers to get the vaccine. Regent Seven Seas Cruises | Travel Requirements & Safety Protocols Several cruise lines have started announcing vaccination requirements for guests and crew members as the industry looks to restart after the the COVID-19 pandemic. The previously announced measures will continue after the vaccine requirement goes into effect. Offers may be subject to change without notice. The first, UK-based Saga Cruises, announced last month that it will require all cruise passengers to receive the Covid-19 vaccine at least two weeks prior to boarding. Pregnant women who reach 24 weeks at any time before or during the cruise will be denied boarding. Copyright 2022 Travel + Leisure Co. All Rights Reserved. "We know that peace of mind is the greatest luxury, and the vaccine requirement is simply the best way to ensure the safest possible Crystal Experience for all on board," Jack Anderson, the cruise line's interim president and CEO, said in a press release. We are betting on Norwegian Cruise Line Holdings Ltd. (NYSE:NYSE:NCLH), as we think the company is performing well and investors are willing to look to the future. Additionally, after Sept. 3, fully vaccinated passengers and travelers 11 and younger will also no longer be required to get tested before boarding a cruise. We are the team behind the top performing investing group BAD BEAT Investing. Further afield, the idyllic, sunk-kissed Seychelles has also joined the growing list of destinations todrop quarantine requirements for travelersvaccinated against Covid-19. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. We like a trade in Norwegian Cruise Line Holdings Ltd. stock following its Q1 earnings report. Find a Cruise on Regent Seven Seas Cruises. The alternative is to provide proof of a negative Covid-19 test taken no more than 48 hours before arrival, which could be very tricky for en-route cruise passengers to pull off. The company lost $0.30 per share which beat by $0.13. Cruise Were thrilled that NCLH has updated their sailing guidelines to welcome unvaccinated guests and adjust testing requirements.. Our onboard protocols include regular cleaning and sanitization of all public areas and staterooms using medical-grade disinfectant. Overall, while the debt is a massive burden and there are inflation concerns along with stiff competition, internal metrics are improving for Norwegian Cruise Line Holdings Ltd. Stop wasting time and join the community of 100's of traders at BAD BEAT Investing. See Terms and Conditions Start with these stories: The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. Guests over Revenue in the quarter was $1.82 billion and surged 248.7% year-over-year and beat estimates by $80 million. Norwegian also has access to a $300 million unsecured and undrawn commitment through January 2, 2024, which enhances future liquidity as it becomes available to draw on October 4, 2023. The company is enjoying a record in advanced sales. The agency currently recommends all travelers are "up to date" with their COVID-19 vaccines before boarding a cruise. I am not receiving compensation for it (other than from Seeking Alpha). Passengers under 18 years old will instead have to test negative for the virus. Cookies collect information about your preferences and your device and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. What we might see is that the ports that the cruise ships visit might ultimately dictate whether or not passengers need to be vaccinated, said McDaniel. For voyage specific health and safety requirements, please click on a cruise below. Rest assured our top priority continues to be the health and safety of you, our crew and the communities we visit. Two major cruise lines have committed to requiring their crews to be vaccinated. And while COVID hit many industries with substantial headwinds and challenges, few, if any, were impacted harder than cruise lines, and they had to take on a ton more debt to stay alive. Where they sail: Celebrity Cruises sails all over the world. We offer market opinion and analysis, and we cover a wide range of sectors and companies, with particular emphasis on news related items and analyses on growth companies, dividend stocks, banks/financials, industrials, mREITS, biotechnology/ pharmaceuticals, precious metals, and small-cap companies. Were so confident about our service, if youre not satisfied, well make it right. See Terms and Conditions You can find out more and change our default settings with Cookies Settings. We have made millionaires! That same day, Silversea also unveiled its plans to resume sailing on June 18 with 10-day Mediterranean cruises from Greece aboard the Silver Moon ship. Indiana-based river line American Queen Steamboat Company and sister brand Victory Cruise Lines on Tuesday Feb. 2 became the first North American cruise brands to announce that passengers will need to show proof of being vaccinated for COVID19 before stepping on a vessel when cruising resumes later this year. Many cruise enthusiasts appear to be on the same page as Waggoner. Related: How to plan a cruise with points and miles, It will certainly be a requirement for the crew, Norwegian Cruise Line Holdings CEO Frank Del Rio said in a Zoom chat with the president of Travel Leaders Group, a major cruise seller. For other agents, the business benefits remain to be seen. Travelers ages 11 and under will not be subject to any vaccination requirements or testing protocols. WebThe process is reversed for the return trip. Though COVID-19 vaccines are highly effective, theyre not 100% effective in preventing infection. American Queen Voyages. "The world has been re-opening quickly and once more, we are pleased to welcome all travelers, of all ages, to safely explore the world with comfort and ease aboard the small, luxurious ships of Oceania Cruises.". Enjoy TrulyTouchless experiences and personalized service that makes everything easier, including physical distancing. For departures through 2022, proof of vaccination or certificate of recent recovery is no longer required, though testing protocols will still be in place. But what seemed like the best approach back last April is not necessarily the best approach now. Rapid-return trade ideas each week with crystal clear target entries, profit levels, and stops. Copyright 2023 Northstar Travel Media, LLC. COVID-19 Protocols, Listed by Cruise Line | TravelAge West If you make a purchase from our site, we may earn a commission. 301 Route 17 N, Suite 1150, Rutherford, NJ 07070 USA | Telephone:(201) 902-2000. I am not receiving compensation for it (other than from Seeking Alpha). While some companies such as Carnival and its Holland America line are "reviewing" the different vaccines, several others have already announced vaccination protocols for guests and crew members. Unvaccinated travelers 11 and younger will be exempt from testing. Select sailings feature enrichment series led by experts in a variety of fields, from cultural anthropology to culinary practices. Colleen McDaniel, editor-in-chief of Cruise Critic, says cruise lines have done an admirable amount of heavy lifting during the almost year-long pause in cruising since last March. Total debt is $13.1 billion and total liquidity is approximately $1.9 billion. food and labor costs. Norwegian Cruise Line Holdings Ltd. (NCLH) is officially the first company to welcome unvaccinated travelers onboard its cruise brands Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises without any capacity limits, and the industry response is one largely of praise. Our long-awaited revisions to our testing and vaccination requirements bring us closer in line with the rest of society, which has learned to adapt and live with COVID-19, and makes it simpler and easier for our loyal guests to cruise on our three best-in-class brands, said Frank Del Rio, president and CEO of NCLH. "We're really encouraged by the latest rollout plans in the May time frame from the new administration, and we know the future is about vaccinations. "Norwegian Cruise Line Holdings shares the CDC's view that vaccinations are the primary vehicle for Americans to get back to their everyday lives," Frank Del Rio, president and CEO of Norwegian Cruise Line Holdings, said in a press release. Bookings are strong and the company is working toward margin improvement. Ports of call may push large cruise lines into vaccine mandates for passengers. Total revenue per Passenger Cruise Day, a key metric for Norwegian and competitors, was up approximately 17.5% as-reported and approximately 18.3% On March 23, Royal Caribbean announced another set of seven-night summer cruises, this time from Bermuda aboard the Vision of the Seas ship. For cruises departing further out, check back closer to your sail date. Consider that Celebrity Cruises, Regent Seven Seas and Norwegian Cruise Line all have fall itineraries slated for a stop in Limassol, the largest port on the island of Cyprus and a popular stop for Mediterranean cruises. This month, Carnival Cruise Line, MSC Cruises, and Royal Caribbean all relaxed testing rules for vaccinated passengers on shorter journeys. 2023 Regent Seven Seas Cruises, Inc. Passengers are required to provide proof of a negative COVID-19 test. Further, as we look ahead, full year 2023 adjusted EPS guidance improved to $0.75. But its too early to tell whether we have the legal standing to mandate that you take a vaccine to come onboard lawyers are looking at it as we speak.. Legal - Travel Restrictions | Regent Seven Seas Cruises Shortly after, the US Centers for Disease Control and Prevention issued a no-sail order, which was later replaced by its "Framework for Conditional Sailing Order," a compilation of protocols needed for cruising to resume again by November 1. At each port of call on your itinerary, you'll have the opportunity to partake in as many shore excursions as you want while the ship is docked. Stocks, options, trades, dividends, and one-on-one portfolio reviews. You will receive cruise documents, including e-tickets, approximately 45 days prior to your ship's departure date. If you want to win, follow us, and if you want to make real money, sign up to BAD BEAT Investing today.. has written about cruising for more than 25 years and for many years oversaw USA Todays award-winning cruise site. Next month, the cruise line will welcome unvaccinated guests, however, those 12 and older will need to show proof of a medically-supervised negative COVID-19 As we have moved past the pandemic and vaccination requirements have eased, and people no longer fear gathering, generally speaking, the industry is rebounding. And on a Zoom call in December with a major cruise seller, Frank Del Rio, CEO of Norwegian Cruise Line, the parent toNorwegian Cruise Line, Regent Seven Seas Cruises and Oceania Cruises, said that the line would have a crew vaccine mandate. The decision to make COVID-19 vaccinations mandatory for guests was based on the "advanced progress of the UK vaccination program and strong expressed preference on the part of our guests," P&O said in a press release. According to John Waggoner, CEO and founder of American Queen Steamboat Company, requiring the vaccine will ensure the "safest cruising experience possible." Yes. That weighs on margins. The return of cruising still remains in limbo for many cruise lines. Norwegian Cruise Line initially mandated all passengers be vaccinated and then allowed unvaccinated children under 5 years old to sail. Should this prove to occur, you will be able to get likely a full position in NCLH with a solid cost basis. Norwegian Cruise Line and its Regent Seven Seas Cruises have announced COVID-19 vaccine requirements for crew members prior to boarding. Regent Seven Seas Cruises | Travel Requirements & Safety Protocols Access an expert team of 4 analysts, available all day during market hours. We use cookies and other technologies to enhance and personalize your website experience, and as described in our. On April 6, Seabourn owned by Carnival Corporation announced its new seven to 14-day Mediterranean sailings to and from Athens, Greece starting July 3. Choose a worldwide destination and start dreaming about limitless ocean horizons. 14 things you should do before every cruise, How to plan a cruise with points and miles, The 5 most desirable cabin locations on any cruise ship, The 8 worst cabin locations on any cruise ship, A quick guide to the most popular cruise lines, 21 tips and tricks that will make your cruise go smoothly, 12 best cruises for people who never want to grow up, Do Not Sell or Share My Personal Information. Plus, your own feed of TPG content. Credit: Disney Parks. Oceania Cruises and Regent Seven Seas Cruises, which are also owned by Norwegian Cruise Line HoldingsLtd., have the same 100% vaccination requirement in place, but an expiration date was not set as it was for the flagship line. If a ship did not receive a CDC score within 22 months prior to the calculation of its Overall Rating, its Health Rating appears as N/A; in such a case, the ships Overall Rating is calculated using the average Health Rating of all CDC-rated ships within the cruise line. The cruise line requires all guests have passports that are valid for six months after the cruise ends, regardless of ports of call. Learn more about the MedallionClass experience. Bucharest is a popular port of call for Uniworld, Viking and other river cruise lines. By submitting this form, you are confirming that you would like to receive emails from Regent Seven Seas Cruises and speak with a Personal Vacation consultant. I will have a better idea at the end of this week.. The #1 service for high performing trades run by active hedge fund analysts. This voyage has been added to your Saved Cruises List on My Account. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. "Our long-awaited revisions to our testing and vaccination requirements bring us closer in line with the rest of society, which has learned to adapt and live with COVID-19, and makes it simpler and easier for our loyal guests to cruise on our three best-in-class brands," Frank Del Rio, the president and chief executive officer of Norwegian Cruise Line Holdings Ltd., said in a statement. It has been a major struggle for cruise operators since the COVID-19 pandemic. It is simply a very cash-demanding business. "The vaccines are clearly a game-changer for all of us, and with the number of vaccinations and their impact growing rapidly, we believe starting with cruises for vaccinated adult guests and crew is the right choice," Michael Bayley, president and CEO of Royal Caribbean International, said in a press release. Please, log in or create a new account to add this voyage to your. Our highly trained medical staff includes doctors and nurses capable of caring for a broad range of medical conditions. Please note, that this is not required for the booster dose. A 15% deposit is required for all cruises. In North America, Indiana-based river cruise line American Queen Steamboat Company and its sister line, Victory Cruise Lines, announced a similar directive that will take effect July 1.
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