With stable trends in North America following a good wave season, Europe with its macroeconomic issues is currently the 'wild card' for investors, especially given Royal Caribbean's recent guidance of lower on-board spending by non-US cruisers due to the stronger dollar.
After driving the development of Grand Bahama Shipyard into a world-class repair facility, Carl-Gustaf 'Calle' Rotkirch, 65, is retiring as chairman and ceo.
Lyall Duncan, who most recently served as associate general counsel for Royal Caribbean Cruises Ltd., was appointed general counsel of Crystal Cruises. He will be based in the luxury line's newly opened Miami branch office.
Cruising has transformed from a global destination business into a globally sourced passenger business in a remarkably short period, according to veteran sales and marketing executive Mitchell Schlesinger.
Total ships: 30
Total berths: 97,852
Total Order Book Value:$23,654,948,000.00
Average Price Per Berth:$266,933