Quantcast

What “Experts” Keep Getting Wrong About Cruising

(CruiseRadio) In case you haven’t heard, some “experts” out there are saying you won’t be getting back on a cruise ship.

Completely unaware of just how deep the connection is between cruise lovers and the sea, they think the current crisis is going to make it impossible for the lines to bounce back.

An article in The Economist recently claimed that “the industry has few friends and its main customers, the elderly, may shun it for good.”

While that doom-and-gloom tone no doubt plays among folks out there who’ve never cruised and have been inundated with negative stories about the industry in recent weeks, it clings desperately to stereotypes.

For example, the claim that “the elderly” are the industry’s main customers is flat-out false.

Between 2016 and 2018, studies by the Cruise Lines International Association showed that the average age of a cruiser was around 47 years old.

In fact, it appears that many younger people believe so firmly that the industry will bounce back that they are putting their money where their mouth is.

During an interview with CNBC earlier this month, TD Ameritrade’s chief market strategist JJ Kinahan said that his firm was seeing Millenial clients adding Royal Caribbean Cruises Limited (RCL) and Carnival Corp. (CCL) to their portfolios.

[Read more…]

TRENDING NOW

Which Betting Sites Are Legal?

(Associated Press) A gambling industry group wants to teach consumers how to tell if a particular sports betting or online casino site...

Gender Studies Prof Blames Shelter Animal Deaths on Capitalism, White Supremacy, Patriarchy

(Campus Reform) A gender studies professor wrote a 312-page book about race and gender applied to shelter pets. Katja...

Dolce&Gabbana Sues Bloggers for $600M Over ‘Anti-Asian’ Posts

(Associated Press) The Milan fashion house Dolce&Gabbana has filed a defamation suit in an Italian court seeking over $600 million in damages...

Las Vegas Shows Set to Reopen as Nevada Eases Virus Rules

(Associated Press) Nevada Gov. Steve Sisolak has signed an emergency order adjusting the minimum distance between performers and audience members that previously...

Biden, Dems Prevail as Senate OKs $1.9T Virus Relief Bill

(Associated Press) An exhausted Senate narrowly approved a $1.9 trillion COVID-19 relief bill Saturday as President Joe Biden and his Democratic allies...