Hints of Getting Rid of Cruise Ship Buffets + New Financial Outlooks - CRR 049

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Doug Parker

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4.8 • 609 Ratings

🗓️ 17 May 2020

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

Royal Caribbean hinted this week that they could be getting rid of its cruise ship buffets once they start sailing again.

The cruise industry is going through a financial nightmare right now. They are all in a zero revenue environment. Norwegian Cruise Line recently had its first-quarter earnings call late last week, we break down the findings.

Date: May 17, 2020

Transcript

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0:00.0	You are listening to this is Cruise Radio Rewind. Real reviews from real cruisers.
0:08.3	Hey, how's it going? My name is Doug Parker. Thanks for checking out this episode of Cruise Radio
0:12.6	Rewind. We're going to talk about cruise ship dining today. Also, get some sound bites from
0:18.4	Norwegian cruise lines earnings call. Some good pieces of information
0:22.2	came out of there. I promise you it's not going to be boring. It's a look behind the curtain.
0:26.9	What's happening in the cruise industry right now? And I picked about five or six sound bites
0:31.5	to share with you. But first we're going to talk about cruise ship dining. Royal Caribbean said
0:36.2	they could be eliminating cruise ship buffets.
0:38.9	Here to talk about it is staff writer Richard Sims. Hey, Richard. Hey, Doug. How are you? Good, man.
0:43.9	So a couple of days ago, Royal Caribbean had their coffee talk with travel agents, and this special
0:48.5	guest was President Michael Bailey. One of the agents asked him about cruise ship buffets once these ships start sailing again.
0:57.0	This is what he said. I think in the beginning, it will not be a buffet in the beginning.
1:01.3	That's how I see it. It depends again upon the timing. We will utilize the space. We'll
1:06.6	utilize the windjammer. But in all probability, it won't be a, it won't be a classical
1:11.9	buffet. It'll be more, it'll be something more akin to a restaurant. I mean, it had to be said.
1:17.6	What are your thoughts? Of course, it had to be said. There are a lot of things that are going to
1:22.1	have to be said that people aren't going to want to hear. I think that there's at some point we're going to have to have a
1:28.9	conversation in which we sort of say, listen, cruising is going to be vastly different than what it was.
1:36.9	You know, you may have to wear a mask whenever you're in, you know, public spaces. You will,
1:42.3	you probably won't have buffets. And if there is a buffet, it's going to be a version of a buffet where somebody serves you.
1:48.7	These are all things that, you know, we don't know how long it'll last.
1:52.7	We also don't know exactly how things will shake out.
	...

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