The recent tremors experienced by cruise line stocks highlight a deeper complexity in the intersection of taxation and international shipping. After U.S. Secretary of Commerce Howard Lutnick’s comments that targeted the cruise industry for its perceived lack of tax contribution, a flurry of responses from analysts and industry experts underscored the challenges and intricacies of
Cruise
The implications of the Trump administration’s recent threats to impose taxes on cruise lines remain nebulous for industry players like Norwegian Cruise Line Holdings (NCLH). CEO Harry Sommer’s insights point to the notion that these potential tax changes may not exert immediate influence but could have longer-term ramifications, especially as the administration seeks to navigate
The travel industry is evolving, continually looking for ways to enrich passenger experiences and redefine the luxury cruise market. A striking example of this evolution is the newly formed partnership between Crystal and Abercrombie & Kent (A&K). Nearly three years post-acquisition by A&K Travel Group, Crystal is set to leverage its parent company’s expertise in
Luxury travel is an ever-evolving industry, but for advisors who specialize in booking high-end vacations costing six figures or more, the landscape is nuanced. While there is no uniform recipe for success, travel advisors like Julie Shifrin and Janelle Ruhumuliza illuminate the paths toward building a thriving business within this exclusive niche. Their approaches reveal
This year’s Wave season for the cruise industry is showing significant strength, marked by increased prices and an expanding booking window. According to insights from industry analyst Patrick Scholes of Truist Securities, there is a notable upward trend in pricing, with rates currently reflecting mid to high single-digit increases compared to the same period last
The annual Wave season signifies a crucial time for the cruise industry, characterized by significant discounts, exclusive deals, and heightened consumer interest. This period typically kicks off in January and extends into the spring, drawing potential travelers to book their vacations. Recently, notable figures from Cruise Planners and Norwegian Cruise Line came together to implicate
In a remarkable turn of events, Captain Kate McCue, the face of Celebrity Cruises and a pivotal figure in the maritime industry, has announced her departure from the company. Her announcement came through an emotional Instagram post, captivating a following of over a million fans. This decision stems from a need to reevaluate her priorities
Nearly three years in the making, the partnership between Crystal Cruises and Abercrombie & Kent (A&K) is set to redefine luxury cruising experiences for discerning travelers. Following Crystal’s acquisition by A&K Travel Group, the new collaboration introduces an array of exclusive tours and experiences tailored to enhance the cruise passenger’s journey. Starting this month, vacationers
The cruise industry, a significant contributor to the U.S. economy, is currently facing uncertain waters following statements made by a high-ranking official in the Trump administration. Specifically, U.S. Secretary of Commerce Howard Lutnick has signaled a shift in tax policy that could significantly affect cruise operators, potentially placing them in a challenging position regarding their
The recent announcement regarding Frank A. Del Rio’s departure from Oceania Cruises has sent ripples through the cruise industry. The former president’s exit, detailed on February 18, came shortly after Jason Montague rejoined Norwegian Cruise Line Holdings as the chief luxury officer. Montague’s role includes overseeing both Oceania and Regent Seven Seas Cruises, an indication
Royal Caribbean International continues to refine its guest experience as it gears up for the launch of the Star of the Seas, the second ship in the innovative Icon class. Following the successful debut of the Icon of the Seas—which has already welcomed over half a million guests—designers are taking feedback to heart and making
The recent decision by the mayor of Nice, Christian Estrosi, to ban large cruise ships carrying 900 or more passengers from docking at the popular French Riviera ports of Nice and Villefranche-sur-Mer is a significant move reflecting growing concerns over overtourism and environmental sustainability. This decree, set to take effect on July 1, aims to
Incorporating green tea into daily rituals can be a deeply personal experience, often steeped in culture and tradition. For many, including myself, it serves as a comforting start to the day. However, this soothing beverage carries with it a history and journey that is rarely contemplated. This transformative realization dawned upon me during a recent
Quark Expeditions is set to revolutionize polar tourism by partnering with Atlas Ocean Voyages to utilize the World Voyager for three uninterrupted Antarctic seasons starting in November 2026. This partnership not only enhances Quark’s fleet but also aligns perfectly with the growing trend of merging adventure travel with scientific exploration. The World Voyager, an all-suite
As the travel industry continues to rebound from the challenges posed by the pandemic, the Travel Leaders Network (TLN) has achieved remarkable success. With a striking 17% increase in sales over the previous year, 2024 has become a pivotal year for TLN, marking the highest sales figures recorded by the consortium. John Lovell, the president
The recent separation of HX Expeditions Holdings from Hurtigruten Group marks a significant transformation within the cruise landscape. Following a strategic decision that dates back to 2021, this move has led to the establishment of HX as an independent entity, previously known as Hurtigruten Expeditions until late 2023. Such a pivotal shift opens up numerous
Oceania Cruises has recently announced the appointment of Brennan Quesnele as their new senior vice president of sales, effective February 24. This significant move comes amidst a transitional phase for the cruise line, following the departure of former senior vice president Nikki Upshaw, who left her position in January. Quesnele’s appointment indicates the company’s effort
Across the travel industry, a significant shift is happening, with adventure cruising emerging as one of the most popular trends for 2025. Traditionally dominated by ocean liners offering lavish amenities and set itineraries, cruising is entering a new frontier where the focus is on immersive experiences that prioritize connection with nature, engaging wildlife encounters, and