CG: Will the Cruise Industry Stay Afloat?
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 23 July 2019
⏱️ 30 minutes
🧾️ Download transcript
Summary
The two biggest players in the cruise industry -- Carnival and Royal Caribbean -- have both generally performed well. The two companies, however, are in a bit of an arms race -- adding new ships with increasingly impressive features -- think ice skating rinks, laser tag, and robot-run bars just to start -- when questions exist as to whether younger people will want to cruise. Both companies have taken steps to market to younger generations and, so far, the numbers look good but as is the case on any cruise, a storm could be coming.
Transcript
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| 0:00.0 | Thanks to LinkedIn for supporting industry focus. |
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| 0:19.2 | Welcome to Industry Focus, the show that dives into a different sector of the stock market every single day. |
| 0:28.0 | Today is Tuesday, July the 23rd, and we're talking Consumer Goods. |
| 0:32.2 | I'm your host Shannon Jones and I am joined via |
| 0:34.8 | Skype by foolish contributor really full of all things. Dan Klein Dan |
| 0:41.1 | Dan so glad to be back in the studio with you, especially for today's topic. |
| 0:46.0 | Very happy to be virtually here. |
| 0:48.7 | Wish I was there, but happy to be here nonetheless. |
| 0:51.9 | Here in spirit, and I can hear your your voice and that's all that really matters, Stan. |
| 0:56.8 | Works for me. |
| 0:57.8 | All right, so today's show, I know you and I have been talking about the cruise line industry for a long time now and we've |
| 1:05.6 | been talking about doing a show Dan you're an avid cruiser I'm I guess you can |
| 1:10.6 | call my I'm a cruise convert thanks to the Disney Cruise line but we've been talking so much |
| 1:17.5 | about it we really wanted to come talk about the big cruise operators talk about |
| 1:22.3 | what's going on in the industry, |
| 1:24.2 | how they make money. |
| 1:25.1 | And so finally, we are here, Dan. |
| 1:27.7 | And you just came back from a cruise. |
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