Well, I guess things look rosy for the industry, but we have no problem booking and getting good deals, supposedly good deals that is. We are getting a lot of brochures pushing wonderful voyages. We always get those but it seems more than usual now, and the discounting is heavy, but then how do you compare, there is always so called discounts. One thing that is different is that I received a phone call from a Regent representative two days ago, putting the hard sell on us. We hardly ever get those phone calls and when we do, it is because someone is hurting. According to Barrons anyway, the Chinese will soon be booking all the best cabins and leaving us Yankees out. LOL
"The cruise industry looks shipshape for 2016. Demand is broadly rising, and although new ships are coming online, many are being diverted to the fast-growing China market. That looks likely to keep pricing firm."
"The cruise market is an oligopoly, with Carnival, which operates about 100 ships, controlling nearly half the market; Royal Caribbean, close to a quarter; and Norwegian, about 10%. Others, like Walt Disney and privately held MSC, vie for the rest. Virgin Group says it will enter the market with three new ships beginning in 2020."
"Global demand for cruising grew 68% over the decade through 2014, according to data published in October by the Cruise Lines International Association, a trade group. The U.S. accounts for just over half of demand, followed by Germany, the U.K., and Australia."
"CHINA’S POTENTIAL for the industry is vast. Just one million people there have cruised, versus 12 million in the U.S. Growth won’t come without choppy waters; cruise operators must play nice with Beijing, and the country needs to expand its ports. Travel brokers, too, must be trained and incentivized to sell cruises. But China is the rare investment opportunity that can pay off now and later, by keeping global cruise inventory tight in the near term and gradually tapping what could become the world’s largest cruise market within a decade. Management has learned that Chinese want less space for sunbathing and more for gambling, and demand a hot teapot in each room."