RE: Cfo sells $2.37m22 Feb 2024 10:07
Bhants.
Royal's ships are all about the add-ons, they nickel and dim you with the extras which although CCL has some, they don't have anywhere near the extras that Royal has, this is because of Royals Oasis class ships, and now Icon class.
Iona, which is by far the biggest P&O ship for example, is 184,000 tonnes.
The Oasis class is 225,000 to 228,000 tonnes..... The Icon class is 250,000 tonnes.
Royal has now created a niche with their 3 and 4 nights sailing on the Oasis class, ship them in, sell them loads of extras, ship them out, rinse and repeat. It is an exceptional business model on the worlds largest ships.
The carnival brand caters for younger generations with the party atmosphere but the rest of the CCL brands are not the same. Families want to spend money, and the 3 / 4 nights help increase the spend ratios as someone getting on for 3 nights will happily spend "only" $1,000 for the extras, which per seat/per person dramatically increases the capacity/spend ratios.
I always go on the "Party Cruise" which is on Anthem, from Southampton. It's two nights, there is no drink package, and the ship average age drops to 25 ish. It's full of people who want to blow the budget. The people are mostly Hen/Stag/Anniversary/Birthday/Young Families, all wanting to "have a good time".
There is nothing funnier than watching drunk people on a ship especially that become sea sick whilst crossing the channel to Le Havre.....of course, people ask me, and I have no clue whether we've left the port or not, as I luckily don't get any sea sickness whatsoever. I have been on ships where the swimming pool has literally emptied itself and still didn't realise we were moving.
Two weeks to go, and then I'm back in Miami out of this crappy rainy weather, and the wife will be happy again LOL (because she's staying at home)
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