TRIP - Cruising Into Profit - The Resurgence Of High Cruise Ticket Prices: Report | Benzinga
The tourism industry is reportedly witnessing a remarkable resurgence, particularly in the cruise sector. As travelers return in a post-COVID era, there's a noticeable surge in cruise ticket prices.
Top cruise companies, including Carnival Corp (NYSE: CCL) and Royal Caribbean Cruises Ltd (NYSE: RCL), have set their ticket prices even higher than those observed before the pandemic.
Moreover, there's speculation of further hikes, despite these companies already reaching pre-pandemic profits, according to a CNBC report.
The report cited data sourced from Cruise Critic, a cruise reviewing platform under the umbrella of Tripadvisor Inc (NASDAQ: TRIP), which disclosed that the average rate for a five-night Caribbean cruise this December stands at ...