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. All guests are welcome regardless of vaccination status and vaccination and testing requirements have been lifted! 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. There's also plenty to do without leaving the ship, including nightly onboard entertainment, the Serene Spa &Wellness centerand a putting green. Johnson & Visitors must show evidence of receiving two doses of the vaccine, the second of which must be administered at least 10 days prior to entering the country. Coming into the start of Q2, Norwegian's advance ticket sales balance, including the long-term portion, was a record $3.4 billion, Folks this was over 25% more than the prior quarter and nearly 60% higher than Q1 2019. American Queen operates four riverboats on the Mississippi River complex and in the Pacific Northwest. You can find out more and change our default settings with Cookies Settings. 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.. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Planning a cruise? If you make a purchase from our site, we may earn a commission. Those who have no intention of receiving the vaccine should contact the reservations department. Severe weather is a risk. Improve earnings, maximize rewards and track progress toward dream trips. Perhaps less money than you would have liked, but money nonetheless. While the debt remains a prevalent risk, we think NCLH stock sets up here, especially when we consider the. WebRegent may require travelers to show proof of COVID-19 vaccination or present a negative COVID-19 test before boarding. Last spring, Seychelles announced a ban on cruise ships in Port Victoria until 2022. Regent's popular itineraries include stops in hundreds of ports throughoutAfrica,Alaska, Asia, theCaribbean,Europeand more. 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. See Terms and Conditions "The is a step towards the safe return to sailing and is the right decision for Virgin Voyages," McAlpin said in the statement. I have no business relationship with any company whose stock is mentioned in this article. Proof of the vaccination and a negative COVID-19 PCR test will then have to be presented in order to board the ship. 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. For up-to-date information, please visit the cruise line's Norwegian still strongly recommends that all guests be up to date on their vaccination status and test at their convenience before travel. One day later, the mega cruise line announced another set of fully vaccinated seven-night cruises, this time from Limassol, Cyprus. Presently, no major US cruises will be welcoming passengers until May, but companies are constantly extending this pause on sailing. Shares of cruise stocks have been mixed, however. These cruises, which will sail from July 10 through October, will bring guests around Cyprus and Greece, including tourist hotspots like Athens, Mykonos, and Santorini. Only available for upcoming cruises. A small percentage of people who are fully vaccinated will still get COVID-19 if they'reexposed to the virus that causes it, according to theCenters for Disease Control and Prevention. "We believe that through a combination of 100% mandatory vaccinations for guests and crew and science-backed public health measures we can create a safe, 'bubble-like' environment for guests and crew.". While Q1 is weak, for the year, earnings will be positive. Regent Seven Seas Cruises will also amend its testing and vaccination requirements beginning September 3. - AmaWaterways no longer mentions vaccinations or masks as requirements for its guests. This voyage has been added to your Saved Cruises List on My Account. It is simply a very cash-demanding business. Now, Norwegian is hoping the CDC will allow it to bypass the Conditional Sailing Order, therefore bringing the cruise line's sailings from US ports back by July 4. The company is sitting on $701 million of cash and cash equivalents, nearly $600 million of availability under its credit revolver. Royal Caribbean, Celebrity Drop Cruise Vaccination Requirements for Select Homeports. American Queen Voyages. More than eight in 10 (81%) respondents said they would cruise if a vaccine were mandated prior to setting sail. If it rallies from the $13.30 buy point this morning, then you made some fast cash. Starting March 11, 2023, proof of vaccination for sailings to or from Europe will no longer "As we move forward, we expect this requirement and other measures will inevitably evolve over time.". Q1 was expected to be a big loss leader, with Q1 EPS expected to be a loss of $0.43. Guests can explore new places with complimentary shore excursions that vary by itinerary, from paella-making classes in Valencia, Spain, to visiting a sloth sanctuary in Costa Rica. For voyage specific health and safety requirements, please click on a cruise below. Despite the guest vaccine requirement, guests and crew will still have to take a PCR test as well. Revenue in the quarter was $1.82 billion and surged 248.7% year-over-year and beat estimates by $80 million. Next month, the cruise line will welcome unvaccinated guests, however, those 12 and older will need to show proof of a medically-supervised negative COVID-19 PCR or rapid antigen test taken within 72 hours of embarkation. In North America, Indiana-based river cruise line American Queen Steamboat Company and its sister line, Victory Cruise Lines, announced a similar directive that will take effect July 1. Regent Seven Seas does not enforce weight, size or quantity restrictions for baggage. "The vaccines are clearly a game-changer for all of us, and with the number of vaccinations and their impact growing rapidly, we believe starting with cruises for vaccinated adult guests and crew is the right choice," Michael Bayley, president and CEO of Royal Caribbean International, said in a press release. Exclusively on Princess, a MedallionClass vacation lets you decide who you interact with and how. Cruise cancellation fees vary depending on the length of the cruise and how far out you cancel. It is simply a very cash-demanding business. Hornblower Group's American Queen Steamboat Company and Victory Cruise Lines have both announced requirements for guests and crew members to receive the COVID-19 vaccine for sailings starting July 1. "Norwegian Cruise Line Holdings shares the CDC's view that vaccinations are the primary vehicle for Americans to get back to their everyday lives," Frank Del Rio, president and CEO of Norwegian Cruise Line Holdings, said in a press release. 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. 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. The majority of American Queen and Victory passengers are over the age of 65, which means they're already now eligible to receive the COVID-19 vaccine or soon will be. The same crew, adults, and guests under 18 years old health protocols from the prior two Royal Caribbean announcements apply to this sailing as well. The cruise line is now 'ready and well-equipped,' top exec says, Your California Privacy Rights/Privacy Policy. "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. Please, log in or create a new account to add this voyage to your. Next month, Cyprus will begin allowing travelers who've been fully vaccinated to enter without having to go into a two-week quarantine or provide a negative PCR test taken within 72 hours of arrival. All passengers embarking or disembarking at a U.S. port show proof of being fully vaccinated no less than two weeks before departure. Copyright 2022 Travel + Leisure Co. All Rights Reserved. The extension comes as the COVID-19 delta variant continues to surge. Norwegian has embarked on a plan to ramp-up occupancy and progress continued on its phased occupancy ramp-up plan in Q1 2023. Further, revenue per passenger, occupancy, and advance sales are all strong. More than e, Two major cruise lines have committed to requiring their crews to be vaccinated. Norwegian Cruise Line has extended its vaccine requirement through the end of the year,the cruise line announced Wednesday. Cruises: Princess Cruises ships had early COVID-19 outbreaks. "Vaccinations will play a critical role in ensuring the health and safety of our guests, crew, and the communities we visit, which we prioritize above all else," Roberto Martinoli, president and CEO of Silversea Cruises, said in a press release. 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. Sign up to become a Regent Insider and be the first to learn about the latest special offers, company announcements, and voyage collection debuts. I will have a better idea at the end of this week.. As to what percentage of his clients he thinks are unvaccinated and will be affected by this announcement, he estimates no higher than around 10%. A handful of popular cruise destinations have already announced that they are dropping quarantine requirements for travelers who have been fully vaccinated. This is a BETA experience. You likely won't encounter children on board with the exception of certain family-friendly spotlight itineraries during the summer and around holiday breaks. Fully vaccinated guests will no longer need to While the debt remains a prevalent risk, we think NCLH stock sets up here, especially when we consider the most recent Q1 earnings. Saga primarily caters to passengers over 50-years-old. All ship Traveler Ratings are based on ratings provided under license by Cruiseline.com. The BAD BEAT Investing service is a specialized carve out of Quad 7 Capital and launched in 2018. 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. Photo: Michel Verdure/Courtesy of Norwegian Cruise Line, More Cruise Lines to Start Allowing Unvaccinated Passengers on Board, These Major Cruise Lines Just Dropped COVID-19 Testing Requirements for Shorter Sailings What to Know, These Cruise Lines Will Accept At-home Covid Tests for Unvaccinated Passengers, Margaritaville at Sea Becomes Latest Cruise Line to Ease Pre-boarding COVID Testing Requirement, These Cruises Are Skipping Bermuda on Certain Trips Due to COVID-19 Testing Policy, Uniworld to Become One of the First River Cruises to Drop Vaccine Requirements next Year, Anguilla Just Dropped Its Pre-arrival Testing for Vaccinated Travelers What to Know, Cayman Islands to Eliminate All COVID-19 Travel Restrictions What to Know, Where Can Americans Travel Right Now? Its hard to say how this will affect me, advisor Adam Martindale said. Celebrity Cruises. However, the cruise lines are still "exploring all options" in regards to vaccination requirements for its guests, according to the cruise lines' statements previously sent to Insider. Guests are required to bring the appropriate travel documents; passport, visa and vaccination requirements vary by itinerary. Before Norwegians announcement, both Princess Cruises and Virgin Voyages indicated that they would accept unvaccinated passengers, but limited that population to up to 10% of their guest capacity. Taucks non-refundability rule on its vouchers is normal. All Rights Reserved. This does not affect the quality or independence of our editorial content. The vouchers were not refundable. Access an expert team of 4 analysts, available all day during market hours. About two weeks later, it unveiled seven-day cruises beginning July from Barbados to the Caribbean, including destinations like Grenada and St. Maarten. 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. 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. While the cruise lines will drop its rules for most sailings, different protocols may apply depending on the country a cruise is traveling to. As we have moved past the pandemic and vaccination requirements have eased, and people no longer fear gathering, generally speaking, the industry is rebounding. Stay up to date with what you want to know. This sailing order was again updated on April 2. Sign up for notifications from Insider! Please view our advertising policy page for more information. Follow her adventures on Instagram. We are betting on Norwegian Cruise Line Holdings Ltd. (NYSE:NYSE:NCLH), as we think the company is performing well and investors are willing to look to the future. Ships' Registry: Bahamas and Marshall Islands. Were so confident about our service, if youre not satisfied, well make it right. From there, passengers will get to see tourist hotspots like Mykonos and Agios Nikolaos, Greece and Limassol, Cyprus. Colleen McDaniel, editor-in-chief of Cruise Critic, says cruise lines have done an admirable amount of heavy lifting during the almost year-long pause in cruising since last March. With inflation starting to ease, we think a trade sets up. In December, the top executive of the parent company of Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises said its lawyers were examining the legality of such a requirement for passengers. As anyone who has been on a cruise knows, there is food aplenty on these trips. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. "If we start to see vaccines become more widely available, and if the vaccines are being administered in a far more efficient manner than they have been, I think it would be reasonable for the cruise lines to say a vaccine is required," Henry Harteveldt, a travel industry analyst and president of the Atmosphere Research Group, told Insider in an interview. They have spent much of that time really learning and putting in place new protocols designed for health and safety, she says. That weighs on margins. Sure, another global pandemic black swan event is a risk. Though COVID-19 vaccines are highly effective, theyre not 100% effective in preventing infection. The company has experience with government, academia, and private industry, including investment banking, boutique trading firms, and hedge funds. We know from our advisors that their unvaccinated clients have been waiting for this announcement, and I have no doubt that we will see a spike in cruise bookings. Guests interested in Cunard's summer cruises must be fully vaccinated at least seven days before sailing, and will be required to show proof. This news is very exciting for us and our industry.. Terms apply to the offers listed on this page. The new rule for Norwegian Cruise Line, Regent Seven Seas Cruises, and Oceania Cruises will go into effect on Sept. 3. Many other lines are looking at such a vaccine requirement, too. So an example trade: Well, this is a high quality problem in that you made money. Passengers who are unable to receive a full two-shot dose of currently available COVID-19 vaccines in time for an upcoming cruise will be able to rebook at no cost, the lines said. "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.". Vaccines are not yet available to children under 12. food and labor costs. Total debt is $13.1 billion and total liquidity is approximately $1.9 billion. Starting Sept. 3, 2022, unvaccinated passengers ages 12 and older (or guests who cannot or decline to present proof of vaccination), need to provide a medically administrated negative PCR or antigen COVID-19 test taken within 72 hours of boarding. This site does not include all credit card companies or all available credit card offers. Stocks, options, trades, dividends, and one-on-one portfolio reviews. To protect our guests, crew and the communities we visit, we have enhanced our commitment to health and safety with the development of Analysts Disclosure: I/we have a beneficial long position in the shares of NCLH either through stock ownership, options, or other derivatives. And all travelers 12 and older on a cruise to Canada will have to be vaccinated and get tested, according to Norwegian. Learn all about our flexible booking options and sailing with peace of mind. 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. The rule will be in place for American Queens four riverboats and the three vessels operated by Victory Cruise Lines. Alison Fox is a contributing writer for Travel + Leisure. The same day Seabourn announced its new fully vaccinated sailings, Viking also unveiled three new eight-day summer cruises, all with a vaccine mandate. 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. Disclaimers about ship ratings: A ships Health Rating is based on vessel inspection scores published by the Centers for Disease Control and Prevention (CDC). All guests, ages 12 years and older, must provide proof of one of the following: Proof of the completed series of one-dose or two-dose vaccination regimen. 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. We are betting on, ), as we think the company is performing well and investors are willing to look to the future. This a top performing investing group service relative to market returns. In this brief column, we outline a trade, and discuss performance and expectations for the company. Guests under 18-years-old will instead have to test negative for the virus. According to John Waggoner, CEO and founder of American Queen Steamboat Company, requiring the vaccine will ensure the "safest cruising experience possible." If traveling by air before or after cruise COVID-19 related turmoils as the virus began trickling around the world, its "Framework for Conditional Sailing Order,". Here are just a few of the ways were keeping our ships clean and healthy so you can cruise confidently. Travelers ages 11 and under will not be subject to any vaccination requirements or testing protocols. And on a Zoom call in December with a major cruise seller, Frank Del Rio, CEO of Norwegian Cruise Line, the, CDCs Framework for Conditional Sailing Order, survey of nearly 3,000 Cruise Critic readers, vaccine tracker from the Brown School of Public Health, These European Countries Are Launching Vaccine Passports, Canada Just Killed This Years Alaska Cruise Season. We still believe the biggest risk here with Norwegian Cruise Line Holdings Ltd. is the debt. Please note, that this is not required for the booster dose. I think its the new norm, American Queen Steamboat Company CEO John Waggoner told Cruise Critic, the cruise review site. This robust and comprehensive health and safety strategy includes new and enhanced protocols to create multiple layers of protection against COVID-19. Guests interested in sailing with the small cruise line which oversees six ships must be fully vaccinated at least 14 days before sailing. 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. Further, as we look ahead, full year 2023 adjusted EPS guidance improved to $0.75. 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. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. That said, full year 2023 Occupancy, is expected to average 103.5%, consistent with the higher end of prior expectations. 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. However, the company has worked to control what it can control as cruisers return. The #1 service for high performing trades run by active hedge fund analysts. Have a question? In light of changes to travel restrictions on citizens from seven specific countries (Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen), all guests who may be affected by these changes should first check with their local embassy or consulate, and also verify requirements with the United States State Department, Department of Homeland Security, and/or Customs and Border Protection for further information on visa and/or travel requirements prior to commencing your travel. Call us at 800-811-1454 to speak to a Cruise Concierge today. On April 8, Royal Caribbean-owned Silversea announced it would require guests and crew with the exception of those sailing aboard its cruises from Australia to be fully vaccinated. Vaccination for sailings starting and ending in the U.S. is not required. This information is also available to booked guests within Cruise Personalizer. Bookings are strong and the company is working toward margin improvement. Plus, your own feed of TPG content. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Look up requirements for your voyage with our CruiseHealth tool. 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. Norwegian Cruise Line Holdings Ltd. (NCLH). The phased occupancy ramp-up is expected to be complete in Q2 2023 at nearly 105%. That will allow time for the vaccine to become readily available. WebAll guests are welcome regardless of vaccination status and vaccination and testing requirements have been lifted! 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. Please, log in or create a new account to add this voyage to your. Both crew members and guests over 16 years old will have to be vaccinated against COVID-19 in order to sail on the upcoming cruise. Energy pricing is also a risk. Sign up to become a Regent Insider and be the first to learn about the latest special offers, company announcements, and voyage collection debuts. Pregnant women who reach 24 weeks at any time before or during the cruise will be denied boarding. Were thrilled that NCLH has updated their sailing guidelines to welcome unvaccinated guests and adjust testing requirements.. 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. 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. Please disable your ad-blocker and refresh. Last year, cruise ships that were mid-trip began facing COVID-19 related turmoils as the virus began trickling around the world, leaving passengers stuck, infected, or dead. You may update your preference at any time. For an explanation of our Advertising Policy, visit. And dining options abound gourmetvenues range from an upscale steakhouse, Prime 7, to Sette Mari at La Veranda, an informal Italian eatery.
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