Cruise Lines 2024 Q3 Breakdown: By the Numbers

La Ponant and AIDA Cosmos both enjoying good passenger numbers, photo credit Spacejunkie2 Flickr

Cruise Industry News takes a look at the financial performance of the “big three” cruise corporations following the third quarter of 2024.

Traditionally, the third quarter has been the key part of the year for cruise operators, as it spans the summer months with more family travel and more deployment into higher-yielding markets such as Alaska and Europe.

Carnival Corporation, the world’s biggest cruise company, delivered the best net income performance with $1.8 billion, up from $1.1 billion in the third quarter a year prior.

The company also outpaced the gains year-over-year from Royal Caribbean Group and Norwegian Cruise Line Holdings.

Net income per passenger day was $61.96 for Carnival, Royal Caribbean Group had $75.14 of net income per passenger day, while Norwegian Cruise Line Holdings came in at $72.82

Of note, fuel cost was up for both Carnival and Royal Caribbean, but down for Norwegian, which continues to make deployment changes to published cruises for fuel efficiency.

Follow the link below to see all the numbers from the 3 leading Cruise companies:

Virgin Voyages Donates 2,023 Vacations to Healthcare Workers

Virgins Merlady the Valient Lady flying her Banner in Liverpool UK, Photo Credit Spacejunkie2 (Flickr)

Virgin Voyages is celebrating Giving Tuesday by paying it forward and honouring local healthcare heroes with the vacation of a lifetime, the company said, in a press release.

For the second consecutive year, the South Florida-based travel and lifestyle brand is partnering with Baptist Health South Florida and donating 2,023 complimentary voyages – totalling an estimated $5.9 million – for deserving employees to ring in the new year with their friends and loved ones.

“For the past three years, our local healthcare workers put everything on the line to care for the community, and now it’s our turn to pay it forward,” said Jill Stoneberg, Virgin Voyages’ Senior Director of Sustainability and Social Impact. “We’ve turned a corner, and we’d love to offer our frontline workers a much-deserved break. The Virgin Voyages team is honoured to give our friends at Baptist an incredible vacation on the high seas where they can unplug and escape for a few days.”

In celebration of the new year ahead, the 2,023 gifted sailings will recognize employees in the Baptist Health network who have made a positive impact in the local healthcare community, from patient-facing employees to those in behind-the-scenes roles that keep the hospitals, clinics and offices running smoothly, the company said.

Winners will receive a voyage for two in a Sea Terrace, a trendy balcony cabin with fun mood lighting, rainfall showers and a signature red hammock.

The 2,023 winners will select from one of six incredible Caribbean itineraries departing from Miami between Jan. 2 and April 28, 2023.

“At Baptist Health, we want our employees to thrive in their careers and all areas of their lives,” said Adriene McCoy, senior vice president and chief people officer at Baptist Health. “That includes prioritizing their well-being and time off since our people are the key to the essential and high-quality care we provide to our community. We are excited to partner with Virgin Voyages and grateful for their generosity in offering our dedicated employees an opportunity to vacation, rest and recharge.”

The majority of cruise passengers believe sailings are “ideal for people of ages”

P&O Britannia in the Caribbean sun, photo credit Spacejunkie2

Cruise specialist Cruise.co.uk asked 850 consumers to name what they viewed as the three main misconceptions about cruising.

The most common mistaken belief identified by the survey was that cruise “is only for retired people”, with more than half (54%) of those polled believing cruise holidays are actually “ideal for people of all ages”.
  
The next misconception is cruises are “expensive”. Just under half (42%) of respondents felt there are cruise holidays to suit every budget, and compared to other types of holidays, they are “extremely” good value.

The third preventing people from booking a cruise was “seasickness”. More than a third (38%) maintain modern ships, with their advanced stabilisation, ensuring it’s “plain sailing” onboard.
 
Overall, 84% of respondents said there are still misconceptions about cruising among the general public, but 32% said there are fewer misconceptions than there were two years ago, as more people try cruising for the first time.

Tony Andrews, deputy managing director of Cruise.co.uk, said the survey “lifts the lid” on some of those “tired cliches we’ve all heard about cruise holidays”.

“There are cruises out there for all ages, from young families stepping onboard a ship for the first time to senior sailors toasting a happy retirement,” he said.

“And there’s so much more to enjoy onboard these days – from incredible spas, pools and even water parks to ice rinks, climbing walls and West End quality shows – everyone can make the most of their time onboard and explore new destinations in comfort.”