Many cruise enthusiasts appear to be on the same page as Waggoner. Last year, cruise ships that were mid-trip began facing COVID-19 related turmoils as the virus began trickling around the world, leaving passengers stuck, infected, or dead. 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. "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. From there, passengers will get to see tourist hotspots like Mykonos and Agios Nikolaos, Greece and Limassol, Cyprus. The protocol changes reflect a larger trend in which several cruise lines have relaxed testing rules in recent weeks. 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. Contact this reporter at [email protected]. This news is very exciting for us and our industry.. Accordingly, it is Last spring, Seychelles announced a ban on cruise ships in Port Victoria until 2022. Earlier this month, Norwegian Cruise Line HoldingsLtd.was granteda preliminary injunction by U.S. District Judge Kathleen Williams, temporarily blockingFlorida's lawthat bans cruise companies from asking for proof of a COVID-19 vaccine to board. The lawsuit challengedthe states vaccine passport ban, which wassigned into lawin May by Republican Gov. While the cruise lines will drop its rules for most sailings, different protocols may apply depending on the country a cruise is traveling to. Further, it offers a direct access line to our traders all day during market hours and provides daily market commentary. You will receive cruise documents, including e-tickets, approximately 45 days prior to your ship's departure date. Make that three cruise operators that will require all passengers to get a COVID-19 vaccine before cruising. "We believe that through a combination of 100% mandatory vaccinations for guests and crew and science-backed public health measures we can create a safe, 'bubble-like' environment for guests and crew.". While the debt remains a prevalent risk, we think NCLH stock sets up here, especially when we consider the. The last dose of your vaccinations must be administered at least 14 days prior to sailing. Regent's popular itineraries include stops in hundreds of ports throughoutAfrica,Alaska, Asia, theCaribbean,Europeand more. Its easier than ever to prepare for your cruise. Most major cruise lines are planning to resume sailing at the end of April or soon thereafter. 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. Perhaps less money than you would have liked, but money nonetheless. With inflation starting to ease, we think a trade sets up. As we have moved past the pandemic and vaccination requirements have eased, and people no longer fear gathering, generally speaking, the industry is rebounding. Norwegian still strongly recommends that all guests be up to date on their vaccination status and test at their convenience before travel. In Iceland, both Reykavik and Akureyri are ports of call on scheduled 2021 summer itineraries with Celebrity Cruises, Oceania Cruises and Norwegian Cruise Line. However, the cruises will only be available to UK residents who have been fully vaccinated against COVID-19 at least seven days before the trip. 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. I will have a better idea at the end of this week.. While American Queen and Victory hope to restart voyages in the coming months, both of the lines said the new vaccine mandate wouldn't go into effect until July 1. However, don't consider booking a trip unless you're a UK resident that's been vaccinated against COVID-19. COVID-19 requirements may differ in destinations that have specific mandates, such as Canada, Greece and Bermuda. WebComplete all required vaccination/testing requirements, as outlined in the Health Protocols Look Up Tool in step 1. Further afield, the idyllic, sunk-kissed Seychelles has also joined the growing list of destinations todrop quarantine requirements for travelersvaccinated against Covid-19. Please, log in or create a new account to add this voyage to your. Revenue in the quarter was $1.82 billion and surged 248.7% year-over-year and beat estimates by $80 million. Only available for upcoming cruises. Should this prove to occur, you will be able to get likely a full position in NCLH with a solid cost basis. Bookings are strong and the company is working toward margin improvement. That weighs on margins. Guests are required to bring the appropriate travel documents; passport, visa and vaccination requirements vary by itinerary. Ships feature enhanced air filtration with upgraded HVAC systems which are designed to replace air within public spaces and staterooms every five to six minutes. For more cruise news, reviews and tips, sign up for TPG's new cruise newsletter. This sailing order was again updated on April 2. Impacts of a recession on bookings are a risk. Sign up to become a Regent Insider and be the first to learn about the latest special offers, company announcements, and voyage collection debuts. For an explanation of our Advertising Policy, visit. 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. Accordingly, it is Regent Seven Seas Cruises policy that if you are a citizen or resident of one of these sanctioned countries, we will be unable to accept your booking unless you can satisfy the following conditions: (1) proof of citizenship in a non-sanctioned country; OR (2) proof of residency in a non-sanctioned country AND (3) evidence that you are funding the cruise, including all onboard charges, through a bank associated with a non-sanctioned country. The industrys reboot is possible under the CDCs Framework for Conditional Sailing Order, which chartersa pathway for cruise lines to resume sailing through adhering to a set of strict Covid-19 protocols, including a rigorous testing regimen. Disclaimers about ship ratings: A ships Health Rating is based on vessel inspection scores published by the Centers for Disease Control and Prevention (CDC). Gdansk, formerly Warsaw, is a port of call included on several summer sailings with Princess Cruises, Oceania Cruises, Norwegian Cruise Line, Viking Ocean Cruises and other cruise lines. For other agents, the business benefits remain to be seen. That is strong. But even inoculated cruisers will have to wait until next year to visit. The two lines on Tuesday also announced a vaccine requirement for all crew on their vessels. "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. You may update your preference at any time. The cruise line is now 'ready and well-equipped,' top exec says, Your California Privacy Rights/Privacy Policy. Additionally, both Jimmy Buffett's Margaritaville at Sea cruise line and Virgin Voyages eliminated pre-boarding testing for all their vaccinated guests. All Rights Reserved. Right now, Poland allows travelers from EU countries to skip the 10-day mandatory quarantine if they can provide proof of vaccination against Covid-19. Norwegian Cruise Line Holdings Ltd. (NCLH). 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. I have no business relationship with any company whose stock is mentioned in this article. And dining options abound gourmetvenues range from an upscale steakhouse, Prime 7, to Sette Mari at La Veranda, an informal Italian eatery. If you have an ad-blocker enabled you may be blocked from proceeding. All passengers embarking or disembarking at a U.S. port show proof of being fully vaccinated no less than two weeks before departure. We'll run a soft credit check to find special offers, but it wont affect your credit score. "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. "As we move forward, we expect this requirement and other measures will inevitably evolve over time.". To date, only three small-ship cruise lines have announced that they will require passengers to be vaccinated for Covid-19 before setting sail. 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. 2023 Regent Seven Seas Cruises, Inc. In the Bahamas, for example, all unvaccinated travelers over 2 years old will still be required to show proof of a negative test or proof they contracted COVID-19 and recovered. Our business makes us uniquely set up to do this with testing and vaccine travel requirements.". These are all the cruise lines that have COVID-19 vaccine requirements for guests or crew. 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. Ships begin boarding at noon on the scheduled day of departure. Rest assured our top priority continues to be the health and safety of you, our crew and the communities we visit. 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. WebRegent may require travelers to show proof of COVID-19 vaccination or present a negative COVID-19 test before boarding. Before Norwegians announcement, both Princess Cruises and Virgin Voyages indicated that they would accept unvaccinated passengers, but limited that population to up to 10% of their guest capacity. Check here for the most up to date information on each Cruise Bucharest is a popular port of call for Uniworld, Viking and other river cruise lines. Norwegian Cruise Line has extended its vaccine requirement through the end of the year,the cruise line announced Wednesday. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. They have spent much of that time really learning and putting in place new protocols designed for health and safety, she says. Stocks, options, trades, dividends, and one-on-one portfolio reviews. The relaxation of protocols, coupled with continued easing of travel restrictions and the reopening to cruise in more ports around the globe are meaningfully positive for our business as it reduces friction, expands the addressable cruise market, brings variety to itineraries and provides additional catalysts on the road to recovery.. As anyone who has been on a cruise knows, there is food aplenty on these trips. You may update your preference at any time. 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. Despite the guest vaccine requirement, guests and crew will still have to take a PCR test as well. 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. Now, to quell some concern, earlier this month Norwegian, "increased its export-credit agency backed commitments by approximately 1.7 billion euros to finance improvements, changes and modifications to certain newbuilds, owners' supplies associated with preparing these ships to enter service and related financing premiums.". For more information, see the Regent Seven Seas Cruises. 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. One day later, the mega cruise line announced another set of fully vaccinated seven-night cruises, this time from Limassol, Cyprus. Next month, Cyprus will begin allowing travelers who've been fully vaccinated to enter without having to go into a two-week quarantine or provide a negative PCR test taken within 72 hours of arrival. 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. Starting Sept. 3, 2022, unvaccinated passengers ages 12 and older (or guests who cannot or decline to present proof of vaccination), need to provide a medically Starting next month, unvaccinated travelers will be allowed to board if they show proof of a negative PCR or antigen test taken within three days of their trip, according to the cruise line. I think its the new norm, American Queen Steamboat Company CEO John Waggoner told Cruise Critic, the cruise review site. See Terms and Conditions In December, the top executive of the parent company of Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises said its lawyers were examining the legality of such a requirement for passengers. Further, as we look ahead, full year 2023 adjusted EPS guidance improved to $0.75. While no major cruise line has announced a similar requirement for passengers, an increasingly realistic scenario might nudge them to impose such a directive. Where they sail: Celebrity Cruises sails all over the world. In that case, it becomes a marketing issue.. We use cookies and other technologies to enhance and personalize your website experience, and as described in our. These new itineraries will each sail around three different locations starting June: Bermuda, the UK, and Iceland. On March 30, US-based Windstar Cruises announced a COVID-19 vaccine requirement for its guests and crew. All guests, ages 12 years and older, must provide proof of one of the following: Proof of the completed series of one-dose or two-dose vaccination regimen. We are proud to have created thousands of WINNERS. All five of Regent's ships (plus one more debuting in 2023) Seven Seas Navigator,Seven Seas Mariner,Seven Seas Explorer, Seven Seas Voyagerand Seven Seas Splendor offer all-suite accommodations. food and labor costs. Copyright 2023 Northstar Travel Media, LLC. American Queen Voyages. The cruise line requires all guests have passports that are valid for six months after the cruise ends, regardless of ports of call. As to what percentage of his clients he thinks are unvaccinated and will be affected by this announcement, he estimates no higher than around 10%. For up-to-date information, please visit the cruise line's A Country-by-country Guide, Where Americans Can Travel in Asia A Country-by-country Guide, Spain Lifts Vaccine Requirement for American Travelers What to Know, Every Cruise Line's Requirements for COVID Vaccines, Testing, Italy Lifts Vaccine Requirement for Museums, Restaurants, Hotels, More, Greece to Remove COVID-19 Restrictions Starting Next Month What's Changing, U.S. Virgin Islands Ending All COVID Travel Restrictions for American Travelers What to Know, The Bahamas Just Eliminated All Pre-arrival Testing for Vaccinated Travelers, officially ended its pandemic-era program for cruise ships, allowed its Conditional Sail Order to expire. Under the guidance of globally recognized public health experts and to prioritize the health and safety of our guests, crew and the communities we visit, we have decided to extend guest vaccination requirements for all sailings through December 31, 2021," Norwegian Cruise Line said in a statement provided by Christine Da Silva, vice president of communication and events for Norwegian Cruise Line.
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