Why cruises are booming as air travel slumps

Why cruises are booming as air travel slumps

Despite a downturn in parts of the travel industry this year, cruise lines like Royal Caribbean and Carnival are still seeing booming demand.Esther CarlstoneCruise lines are seeing resilient demand despite economic uncertainty shaking the travel industry.Cruise companies benefit from a diverse customer base and exposure to international demand.By comparison, US airlines have pulled 2025 guidance and cut flying due to a drop in travel demand.The …

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Royal Caribbean is defying the economy: How record bookings and higher prices are fueling a blowout year

While the US economy might have a few question marks, Royal Caribbean doesn't see any slowdown on its end. Royal Caribbean Group released its first...