Latest news with #cruise
Yahoo
40 minutes ago
- Business
- Yahoo
Analysts reboot Carnival, Norwegian Cruise Lines stock price targets on strong value
Analysts reboot Carnival, Norwegian Cruise Lines stock price targets on strong value originally appeared on TheStreet. All ashore who's going ashore! The travel industry has been on the upswing since the dark days of the Covid-19 pandemic and that trend seems poised to continue. 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰 A recent Deloitte survey found that more travelers planned to raise their holiday travel budgets from the prior-year level. And among those, 40% said they would do so because 'travel has become more important to me since the pandemic.' The report said affordability was often the biggest barrier to travel, noting that "either a hit to consumer confidence or persistent high prices could challenge travel demand in the coming year." About one in five Americans surveyed said they had opted out of a trip they wanted to take due to the high cost of flights or lodging, Deloitte said. The report also warned of the Trump administration's tariffs and deportations of undocumented workers, which could result in staffing shortages. The cruise industry has been growing steadily, according to Cruise Lines International Association's state-of-the-industry report, which was issued in May. Cruise is small but 'dynamic' part of tourism sector Bud Darr, the association's president and CEO, said in a statement that cruising "continues to be one of the most dynamic and resilient sectors in tourism, growing in line with strong demand for cruise holidays, particularly among younger generations and new-to-cruise travelers." Cruise travel earns higher satisfaction ratings compared with other holiday choices, the report said. That's shown in repeat factors – 25% of repeat cruisers sail two or more times per year; 14% cruise twice a year; and 11% take three to five cruises a year. More Economic Analysis: GOP plan to remove Fed Chair Powell escalates Federal Reserve official gives green light to July rate cut Trump deflects reports on firing Fed Chair Powell 'soon' Former Federal Reserve official sends bold message on 'regime change' Expedition and exploration cruises are the fastest-growing segments of cruise, with 22% more passengers choosing these voyages in 2024 over 2023. Forty-two million people — roughly the population of France — are forecast to sail in 2028, up 21% from 34.6 million last year. And the report said cruising has plenty of room for growth, since it is currently only 2.7% of the international travel and tourism sector. Several investment firms have been reviewing the cruise industry and issued research reports on some of the top companies. TD Cowen initiated coverage of both Carnival () with a buy rating and $36 price target and Norwegian Cruise Line () , which got a buy rating and $31 target. Carnival shares are up 20% this year and up 62% from a year ago, while Norwegian stock has slipped nearly 10% in 2025 and are up 18% from a year ago. Analyst calls cruise lines underappreciated The investment firm also initiated coverage of Royal Caribbean () with a buy rating and $405 price target. The company's shares are up 51% this year and have more than doubled (up 107%) from a year ago. TD Cowen's analysts called the cruise lines "underappreciated" share gainers in the travel space, according to The Fly. The cruise names offer a strong value proposition, which will drive long-term share gains, the firm said. TD estimates annual revenue growth of 7% for the industry through 2029. It views Carnival as an industry leader with an opportunity to widen profit margins. Citi raised its price target on Carnival to $37 from $30 and affirmed a buy rating on the shares. It lifted its target on Norwegian to $30 from $25 and maintained a buy rating. The investment firm says "better-than-ever" demand and lower-than-historical supply growth are setting up a favorable pricing environment that could last much longer than investors expect. Citi says recent data show improving trends in May through July. The firm replaced Royal Caribbean with Carnival on its Focus analyst C. Patrick Scholes downgraded Royal Caribbean to hold from buy with a price target of $337, up from $275. Scholes said that he has observed a bounce-back in bookings since April's pullback. But when he averages March-through-early-July's bookings compared with a year earlier, the demand pace is up only low-to-mid-single digits percent, off from the high-teens monthly pace that 2024 averaged, the analyst said. Norwegian Cruise Line is scheduled to report second-quarter results July 31, while Royal Caribbean is slated to report July 29. For the fiscal first half ended May 31, Carnival swung to net income of 37 cents a share from a loss of a dime a share in the year-earlier half. Revenue rose 8.5% to $12.14 reboot Carnival, Norwegian Cruise Lines stock price targets on strong value first appeared on TheStreet on Jul 22, 2025 This story was originally reported by TheStreet on Jul 22, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Independent
20 hours ago
- The Independent
Win a luxury Mediterranean cruise worth over £5,000 with Blue Bay Travel
Picture yourself sailing the sun-drenched Mediterranean this September in effortless style - waking up to panoramic sea views from your private Balcony Stateroom aboard the brand-new Celebrity Ascent. In partnership with The Independent, Blue Bay Travel is giving you the chance to win an unforgettable 11-night cruise for two, sailing from Rome through the sparkling waters of Greece, Italy, and Turkey. Worth over £5,000, this luxurious escape includes your cruise fare and port fees all taken care of, so you can focus on the joy of slow travel, new destinations, and total relaxation. The prize includes: Please note: Flights, transfers, gratuities, drinks package, and Wi-Fi are not included. Award-winning travel experts Blue Bay Travel is a leading UK travel specialist, known for curating luxury holidays and cruises at unbeatable value. From short-haul escapes to long-haul adventures, their handpicked packages are backed by expert advice, exceptional service, and exclusive extras you won't find anywhere else. Blue Bay Travel make planning your dream getaway simple, exciting, and stress-free. Terms and Conditions 18+. UK and residents only. Promotion closes at 23:59 BST on the 15 August 2025. Winner will be drawn at random from all entries received by the closing date. The prize is non-transferable and no cash alternative is available. Standard Comps & Offers rules apply, see here. . You can request to unsubscribe at any time.
Al Jazeera
a day ago
- Politics
- Al Jazeera
Greek island residents stop Israeli cruise ship docking
Greek island residents stop Israeli cruise ship docking NewsFeed Residents on the Greek island of Syros prevented passengers on an Israeli cruise ship from getting off the vessel, in protest against Israel's genocide in Gaza. Video Duration 03 minutes 00 seconds 03:00 Video Duration 01 minutes 39 seconds 01:39 Video Duration 01 minutes 47 seconds 01:47 Video Duration 02 minutes 57 seconds 02:57 Video Duration 00 minutes 46 seconds 00:46 Video Duration 01 minutes 05 seconds 01:05 Video Duration 02 minutes 49 seconds 02:49
The Guardian
a day ago
- Politics
- The Guardian
Cheering Gaza protesters force Israeli cruise liner to turn away from Syros
A cruise liner carrying Israeli tourists has been forced to reroute to Cyprus after being turned away from the Greek island of Syros due to safety concerns. More than 300 people were at the island's port to protest against the war in Gaza when the liner arrived, preventing about 1,600 Israeli passengers on board the Crown Iris from disembarking. Some passengers aboard the vessel reacted by raising Israeli flags and chanting patriotic slogans, witnesses said
Times
a day ago
- Business
- Times
The best cruise lines — as chosen by you
It's that time again: the chance to cast your vote for your favourite cruise lines. Voting is open for the annual Times and Sunday Times Travel Awards, which celebrate the very finest travel companies and destinations. In the world of cruise, there are awards for the best ocean, luxury ocean, river and expedition cruise operators — and they're all hotly contested. I've worked for the Times and Sunday Times since 2014 and have been writing about cruising for 26 years. I helped to hone a brilliant shortlist based on years of experience (mostly wonderful, some less so), choosing the operators who make waves, and those who go above and beyond with a great product. What's so important about these awards is that you, our readers, are the judges. You choose the winners — and you can win prizes, worth up to £118,000 in total, in the process. Last year 470,000 votes were cast for more than 100 destinations and travel companies. For 2025 the four cruise awards could be anybody's, given the speed at which this exciting sector changes. But first, a look back at past winners. Last year was a triumphant one for Viking Cruises, which scooped best luxury ocean cruise operator and best river cruise operator. HX Hurtigruten Expeditions won best adventure cruise operator, while Hurtigruten, known and loved for its voyages up and down the Norwegian coast, was voted best ocean cruise operator. The cruise industry is constantly changing, with new operators entering the business all the time. Last year you voted Hurtigruten best ocean cruise operator; the year before P&O Cruises won the top gong; in 2022 you chose Royal Caribbean. Over the past 12 months snazzy new ships have been launched by MSC Cruises, NCL, Disney Cruise Line and Princess. Could one of those take the crown this year? Or maybe it'll be Celebrity Cruises, about to launch Celebrity Xcel, which promises to be its most innovative ship yet? Or perhaps it could be Virgin Voyages, which continues to push boundaries with its edgy, adults-only cruises. • Best Celebrity cruise ships• Best MSC cruise ships• Best Princess cruise ships The luxury cruise sector is just as fast-paced. Last year we expanded the categories for cruise to separate luxury from mainstream ocean cruises, simply because there are so many cruise lines and we wanted to create a fairer playing field. Viking was our first luxury winner, with Silversea and Saga Cruises taking second and third. Ultra-luxury is one of the fastest growing sectors in cruise. In 2023 the much-loved Crystal made a comeback under the ownership of Abercrombie & Kent. Explora Journeys, the luxury division of MSC Cruises, is also making waves — this opulent brand launched in 2023 but will inaugurate its third ship in 2026. Then there's Oceania Cruises, once a mid-market line with older vessels that is giving the poshest lines a run for their money with its glossy new ships, the latest of which, Allura, launched in July 2025. • Discover our full guide to cruise holidays Expedition cruising is growing at a rate of knots too. It seems that we can't get enough of exploring the polar regions and, increasingly, tropical destinations from the Seychelles and the Galapagos to the remote islands of West Papua in Indonesia. The competition is hot, from Viking's sleek pair of expedition vessels to the ultra-luxury experience offered by lines such as Silversea, Seabourn and Scenic. Experience clearly counts. HX Hurtigruten Expeditions — the 2024 winner — stems from a company that has been in business since 1893, and the line's MS Roald Amundsen was the first hybrid battery-supported ship to sail to Antarctica. The river-cruising award could, arguably, be seen as more of a given, with Viking having won the category for the past three years. But Riviera Travel came second each time — can the British-owned line reach the top spot this year? With three brand-new ships on European rivers (two this year and one in 2026), Riviera is certainly one to watch. Then there are Tui's new, affordable Nile cruises. Or will all of these lines be eclipsed by luxurious AmaWaterways, which — ambitiously — has just launched river cruises in Colombia? Or will it be the over-50s specialist Saga, which takes care of details right down to a chauffeured car to the airport? It's your choice, so vote now. • Vote in the 2025 awards here — and be in with a chance of winning a great prize What makes the perfect cruise is highly subjective, but Viking certainly seems to have captured your imagination with its ocean and river cruises. Its 16 oceangoing ships are the ideal size, carrying either 930 or 998 passengers in light-filled balcony cabins. They're small enough not to feel overwhelming and big enough to offer a decent choice of restaurants, classy entertainment and a gorgeous spa. And the decor . . . what's not to love about soothing Scandi-chic? There are thoughtful touches everywhere, from reindeer skins draped artfully over the back of sofas to a moss garden in the atrium reflecting the colours of the Nordic landscape. Having just disembarked from Viking Neptune, I'm convinced that Viking should open a furniture emporium, as just about everything was covetable. Viking's river cruises also have exploration down to a fine art. Daily excursions are included in the price and there's an impressive onboard programme of lectures, immersive activities and local entertainment. The company has access to some of the best docking spaces on European rivers too, so you won't have a long trek to get into whatever enchanting riverside town you're visiting. Perhaps Viking's global reach also helped it to win your hearts; by 2026 the line will have ten ships in Egypt, not to mention a strong presence on the Mekong and the Mississippi. • Best river cruises in the world Scandi style is clearly close to your hearts as Hurtigruten and HX Hurtigruten Expeditions — two more Norwegian-founded brands — won the ocean and expedition awards, respectively, in 2024. Hurtigruten epitomises slow travel at its best with its dreamy, year-round voyages along the fjord-indented Norwegian coast, stopping at 34 ports. If you want to see the northern lights — and I say this from experience — the Coastal Express (which is really anything but express) is one of the best ways to do so, as the full journey takes you deep into the Arctic. I snowmobiled over the mountains in the far north from one port to the next and will never forget the rippling colours in the sky that night. I love Hurtigruten's Coastal Kitchen menus, packed with locally sourced ingredients, too; you can even visit the goat farm in Lofoten that supplies cheese and other items to the ships. Although HX Hurtigruten Expeditions is a separate company from Hurtigruten, its values are the same — which might explain its success in our expedition category. The support of scientific research on its polar expedition ships, the ethical supply chain and its two newest polar expedition ships being run partly on battery power make HX a champion of sustainability. • Best luxury cruises to Antarctica What are your good or bad cruise experiences? Share them with us and cast your votes for the 2025 awards. There are four cruise categories again this year, so don't miss your chance to show your appreciation for your favourite cruise lines. • Have your say here — and be in with a chance of winning a great prize
