Cruise figures seem low!27 Sep 2018 10:15
I have read a number of comments over the weeks about the CEO and BOD and how SAGA is going.
As someone who is both a SAGA shareholder and someone who cruises a few times a year with another brand; the figures of advance sales on SAGA's new ship seem extremely low. I know on another chat board, people who don't cruise were making a lot of SAGA's new ships...........but I think they will not gain anymore market share than they have at present.
Bearing in mind the ship is small both in size and passenger numbers compared to many; after being on sale for a some time now, only 64% of first 19 cruises sold does not seem particularly good.
If you compare that to P&O's new ship IONA due in 2020 which will be the largest ship geared to the UK Passenger (at Circa 5000 passengers) . They only released cabins for sale on 10th September and I am told the maiden cruise was sold out within a couple of days.....and that they could have sold that cruise 7 times over. They then have another one of a similar size due 2 years later................and I think I read the Princess Cruises will have a new similar size ship based in Europe (Princess and P&O are part of the same group) in 2021/23.........hence why I think SAGA will struggle to get further market share.
Perhaps SAGA should consider selling the cruise ships to Carnival UK/Corp (who own P&O, Cunard, Princess and other brands) as part of a deal to be the nominated Cruise Insurance supplier for over 50's?????