Total debt is $13.1 billion and total liquidity is approximately $1.9 billion. This applies to itineraries to all destinations except where government regulations may vary like Australia and Japan voyages that have their own vaccination and testing requirements. You must be able to satisfy all of the above criteria in order to sail onboard Regent Seven Seas Cruises ship. Call us at 800-811-1454 to speak to a Cruise Concierge today. I am not receiving compensation for it (other than from Seeking Alpha). Cunard will resume sailing with cruises around the UK aboard the Queen Elizabeth ship from July to October. 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. HEPA filters are used in key areas. Labor inflation is expensive. On March 17, P&O Cruises owned by Carnival Corp announced a summertime Ultimate Escape cruise collection that will sail along the UK coast. Vaccines are required for all passengers until further notice, That is strong. Sure, another global pandemic black swan event is a risk. See Terms and Conditions With inflation starting to ease, we think a trade sets up. Richard Branson's adults-only cruise line, Virgin Voyages, has announced it will be making the COVID-19 vaccine mandatory for both guests and crew in order to "provide the safest travel experience," Tom McAlpin, Virgin Voyages' CEO, said in an email statement sent to Insider. Thanks to ongoing cost savings and a bit of cooling in input costs, the company generated earnings that beat expectations. On April 5, Norwegian Cruise Line Holdings announced that its three cruise brands Norwegian, Oceania, and Regent Seven Seas Cruises will be requiring both guests and crew members to be fully vaccinated. American Queen Voyages. Passengers are required to provide proof of a negative COVID-19 test. 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. AmaWaterways. 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. The extension comes as the COVID-19 delta variant continues to surge. 2023 Regent Seven Seas Cruises, Inc. So far, no major large-ship cruise line has said that it will mandate passengers to provide proof of vaccination, but that could change in the coming months. "Vaccination requirement for both our guests and crew is the most prudent next step to ensure that we are providing the safest cruising experience possible., Related: 14 things you should do before every cruise, Waggoner said the new requirement, on top of the other previously announced measures, would "give our loyal guests another added level of assurance to join us as we return to sailing.. You may update your preference at any time. I wrote this article myself, and it expresses my own opinions. Further, onboard revenue generation remains strong, and Norwegian continues to push pre-sold experiences/drink packages, shows, and more, to get more revenue from guests prior to voyage sailing. While bookings began to resurge in 2021 and strengthened in 2022, cruise lines have had to contend with expensive energy prices and major inflation in food and labor costs. For voyage specific health and safety requirements, please click on a cruise below. Perhaps less money than you would have liked, but money nonetheless. Are you a cruise industry employee or have a cruise industry story to share? Additionally, both Jimmy Buffett's Margaritaville at Sea cruise line and Virgin Voyages eliminated pre-boarding testing for all their vaccinated guests. 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. We still believe the biggest risk here with Norwegian Cruise Line Holdings Ltd. is the debt. However, vaccine rollout and accessibility has been a notorious struggle around the world. These summertime cruises will bring guests from Nassau, Bahamas to islands like the Grand Bahama, Cozumel, Mexico, and Royal Caribbean's Perfect Day at CocoCay. For cruises of 14 nights or fewer, final payment is due 120 days prior to departure. 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. However, don't consider booking a trip unless you're a UK resident that's been vaccinated against COVID-19. The cruise line is also requiring a negative coronavirus test result from travelers and crew members, among other health protocols. Royal Caribbean, Celebrity Drop Cruise Vaccination Requirements for Select Homeports. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Despite this updated framework and pent-up demand forhighly anticipated cruise ships and trips the official return of cruising still remains in limbo. These are all the cruise lines with vaccine-related mandates so far: On January 21, United Kingdom-based Saga Cruises announced that it would require all of its passengers to be fully vaccinated against COVID-19 two weeks before a trip. Regent Seven Seas does not enforce weight, size or quantity restrictions for baggage. New Details Released, 19 of the Best New Cruise Ships Launching in 2023, Review: InterContinental Danang Sun Peninsula Resort in Vietnam, 3 Tips for Planning the Best Family Vacation in the Caribbean. 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. Adjusted EBITDA is expected to be in the range of $1.8 to $1.95 billion. However, don't be surprised if you see avid adult cruisers of all ages, ranging from their mid-30s to late 80s. Severe weather is a risk. Beginning in May, Iceland will let fully vaccinated travelers from European Union countries (plus Norway, Liechtenstein and Switzerland) skip the otherwise-required quarantine and sidestep the negative PCR test requirement. The new rule for Norwegian Cruise Line, Regent Seven Seas Cruises, and Oceania Cruises will go into effect on Sept. 3. The return of cruising still remains in limbo for many cruise lines. Norwegian still strongly recommends that all guests be up to date on their vaccination status and test at their convenience before travel. Editorial disclaimer: Opinions expressed here are the authors alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. I wrote this article myself, and it expresses my own opinions. Bahamas and Caribbean cruises that leave from Florida ports the busiest in the world still have vaccine rules in place. And documented guests ages 12 and older who are fully vaccinated (according to the destination they are embarking and/or traveling to) no longer need to be tested for the coronavirus prior to sailing. And with an almost one-to-one crew-to-passenger ratio, the line prides itself on its attentive staff and personalized experience. We have made millionaires! Passengers who are not old enough to be vaccinated will not be allowed to sail. A 15% deposit is required for all cruises. Looking ahead, full year guidance for this key metric has been held firm and remains unchanged at growth of 9.0% to 10.5%, with net yield growth in the range of 5.0 to 6.5% versus 2019 (adjusted for currency). 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. "That one-two punchis ironclad," Frank Del Rio, the company's president and CEO,told USA TODAY at the time, pointing to the new vaccination requirement and health andsafety protocolsthe company has implemented. 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. I am not receiving compensation for it (other than from Seeking Alpha). American Queen operates four riverboats on the Mississippi River complex and in the Pacific Northwest. Norwegian Cruise Line, Regent Seven Seas Cruises, and Oceania Cruises will drop their pandemic-era vaccination requirements in September, the first cruise lines in the U.S. to do so completely. Travel in comfort and confidence knowing our enhanced health and safety protocols deliver multiple layers of protection against COVID-19 without diminishing your unrivalled Regent experience. This is compared to the pre-COVID 2019. For more information about entry requirements for various countries, visit the, Passengers can book shore excursions up to 300 days before the start of their cruise (or up to 365 days in advance for guests staying in Concierge Suites or higher) by visiting. When she's not in New York City, she likes to spend her time at the beach or exploring new destinations and hopes to visit every country in the world. Victory also offers cruises to Mexico and Canada. Call 800-211-2039 or book online at United Cruises 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.. It is focused on trading opportunistic inflections, and leveraging mispriced stocks and momentum driven events for rapid-return swing trades, options education, and long-term investments. 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 is a step towards the safe return to sailing and is the right decision for Virgin Voyages," McAlpin said in the statement. If it rallies from the $13.30 buy point this morning, then you made some fast cash. food and labor costs. 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. See what a point or mile is worth with our appraisals of a loyalty programs currency, based on redemption values. Pregnant women who reach 24 weeks at any time before or during the cruise will be denied boarding. Colleen McDaniel is Cruise Critic's editor-in-chief. When we consider shares are at $13, the shares trade at 17X. The BAD BEAT Investing service is a specialized carve out of Quad 7 Capital and launched in 2018. "We believe there will be no safer way to travel the world than on a Viking voyage," Torstein Hagen, Viking's chairman, said in the press release.". About two weeks later, it unveiled seven-day cruises beginning July from Barbados to the Caribbean, including destinations like Grenada and St. Maarten. 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. 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. Terms apply to the offers listed on this page. For other agents, the business benefits remain to be seen. Several cruise lines including Norwegian Cruise Line, Oceania Cruises and Celebrity Cruises have summer sailings scheduled with a stop in Tallinn, whose spectacular old town is just steps from the port. On March 23, Royal Caribbean announced another set of seven-night summer cruises, this time from Bermuda aboard the Vision of the Seas ship. These excursions range in activity level and duration and include See details about the on onboard experience , See details about the on shore experience , Centers for Disease Control and Prevention (CDC), Note: To see Regent's updated deposit, cancellation and rebooking policies due to COVID-19, visit its. All Rights Reserved. While the debt remains a prevalent risk, we think NCLH stock sets up here, especially when we consider the most recent Q1 earnings. Stocks, options, trades, dividends, and one-on-one portfolio reviews. Guests younger than 18 years old must share a suite with a guest who is 18 or older. That is strong. Travel + Leisure is published by Meredith Corporation under license from Travel + Leisure Co. However, vaccinated people who have breakthrough infections are much less likely to get severely sick or die. For cruises in Vietnam and Cambodia: guests are required to be fully vaccinated with an EMA* or other** approved vaccine (Based on current requirements of Cambodia). But as the COVID-19 vaccine continues to be distributed across the globe, this could soon change. While the cruise lines will drop its rules for most sailings, different protocols may apply depending on the country a cruise is traveling to. 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. Which Cruise Lines Require COVID-19 Vaccinations? Sign up to become a Regent Insider and be the first to learn about the latest special offers, company announcements, and voyage collection debuts. All guests are welcome regardless of vaccination status and vaccination and testing requirements have been lifted! 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. That said, full year 2023 Occupancy, is expected to average 103.5%, consistent with the higher end of prior expectations. Royal Caribbean Group, which owns Royal Caribbean International, Celebrity Cruises and Silversea Cruises, has said that it will require crew members to receive theCovid-19vaccine before returning to work on their ships. Further, as we look ahead, full year 2023 adjusted EPS guidance improved to $0.75. We'll run a soft credit check to find special offers, but it wont affect your credit score. The protocol changes reflect a larger trend in which several cruise lines have relaxed testing rules in recent weeks. Windstar's crew will also have to be vaccinated "as soon as the vaccine is available to them," according to the cruise line. You may opt-out by. 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. Here are just a few of the ways were keeping our ships clean and healthy so you can cruise confidently. This is a BETA experience. And other cruise brands, such as Carnival Cruise Line, currently make way for select exemptions, but they have yet to permit them across the board. Ships' Registry: Bahamas and Marshall Islands. 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. Check here for the most up to date information on each Cruise 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. Travelers ages 11 and under will not be subject to any vaccination requirements or testing protocols. *European Medicine Agency (EMA): double doses - BioNTech/Pfizer, AstraZeneca, Covishield, Covaxin, Covovax, Moderna, Nuvaxovid (Novavax). and Privacy Policy. Last month, the Centers for Disease Control and Prevention officially ended its pandemic-era program for cruise ships (months after the agency allowed its Conditional Sail Order to expire), choosing to no longer display the number of COVID-19 cases online. 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. Royal Caribbean, Celebrity Drop Cruise Vaccination Requirements for Select Homeports. Sign up for notifications from Insider! But over the last month, cruise lines have become increasingly vocal about the vaccine. 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. Similarly, Oceania Cruises will eliminate testing for vaccinated travelers next month and welcome unvaccinated passengers who show proof of a negative PCR or antigen test taken within 72 hours of boarding, the cruise line shared with Travel + Leisure. 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 information is also available to booked guests within Cruise Personalizer. Find a Cruise on Regent Seven Seas Cruises. "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.". "No one can argue that being on a cruise ship under those conditions is not the safest place on Earth.". 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. Norwegian Cruise Line and its Regent Seven Seas Cruises have announced COVID-19 vaccine requirements for crew members prior to boarding. Hand washing sinks and sanitizer dispensers are available throughout every ship. We are the team behind the top performing investing group BAD BEAT Investing. WebWe give you our exclusive bonus offers , plus all qualifying cruise line offers , plus all of the cruise line loyalty program benefits. Where they sail: Celebrity Cruises sails all over the world. Accordingly, it is 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. One of the most pressing questions is whether passengers will be required to be vaccinated. Learn more about the MedallionClass experience. Check here before booking an award fare. All Rights Reserved.
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