Royal Caribbean Blog

While what is in store for Royal Caribbean's short term and long term future are anyone's guess, Wall Street analysts have no problem weighing on how they see things progressing.

Bears of Wall Street is a group of traders and financial analysts who recently wrote it may not be until 2024-2026 before Royal Caribbean Group can return to 2019 levels of business.

Royal Caribbean Group recently said they have a monthly cash burn of $200-290 million, and the financial group thinks Royal Caribbean has enough liquidity (cash) to deal with a prolonged cruise suspension.  That being said, the road back to recovery is going to be a long one.

Given the financial strains of trying to remain in business, the Bears of Wall Street estimates Royal Caribbean Group will be able to return to pre-COVID levels of business sometime around 2024-2026.

Royal Caribbean Group has $4.15 billion in cash reserves, and its net debt position is $15.46 billion. The good news is that the company faces only $0.3 billion and $1.3 billion in debt maturities in 2020 and 2021, respectively, which gives it enough breathing room not to worry about the liquidity crunch. At the same time, Royal Caribbean says that the company already has $11.3 billion in committed credit facilities to fund its expenses, so liquidity is not going to be a problem.

"We continue to take substantial actions to bolster our financial position," said Jason T. Liberty, executive vice president and CFO. "We have accessed the capital market in an opportunistic manner and continue to aggressively manage our spend. We are prepared to navigate a volatile period while making decisions that position the Company well for the recovery."

In concluding, Bears of Wall Street does not believe in short selling Royal Caribbean's stock for a few reasons:

1. Royal Caribbean doesn’t have any major debt maturities in the upcoming years.
2. They have the possibility to raise enough liquidity to stay afloat for a long time.
3. The Federal Reserve will continue to push the stock market higher.

"For that reason, we have no position in the company and believe that there are better long and short opportunities on the market right now."

Note: Matt Hochberg has no position in any of the stocks mentioned, nor does he own any cruise line stock.

When you get onboard your Royal Caribbean cruise, you might be ready for a bite to eat and Royal Caribbean provides a few options to dine at for no additional cost, and some that do cost extra.

Getting on your ship means a lot of choices on how to begin your vacation, but many guests elect to start things off with lunch.  Embarkation usually begins in the late morning to early afternoon, so lunch is the first opportunity to sit down for a bite to eat.

Here is what you should know about where you can eat on the first day of your cruise.

Food included at no extra cost

Depending on your ship, Royal Caribbean offers a few venues to dine at that cost nothing extra to enjoy.

The most popular option is the Windjammer Marketplace, which is a traditional cruise buffet that serves up a variety of food and beverages. It is also the first restaurant to open on embarkation day, and will remain open until just before it is time to set sail.

You will find soups, sandwiches, burgers, nachos, casseroles, fish, salads and plenty more to choose from and it is unlimited.  Just grab a plate, take what you like, and find a seat.

There will be other venues available to dine at on your ship that are complimentary. These include:

• Park Cafe
• Cafe Promenade
• Cafe Latte-tudes
• Sorrento's Pizza
• Wipeout Cafe
• El Loco Fresh

The main dining room is not typically open for lunch on embarkation day, except for guests who purchased The Key, where they will enjoy a complimentary specialty restaurant meal there.

Restaurants that cost extra

Anyone who wants to indulge may prefer to eat lunch at a specialty restaurant on the first day of the cruise.

While not all specialty restaurants may be open on the first day, some do open their doors for those first few hours onboard.

There is no need (nor option) to make lunch reservations on embarkation day, so it is just first-come, first served.

If you purchased a specialty dining package, you can choose to use your package benefits on the first day lunch. Just let your server know that you have the package.

Just like the included restaurants, which restaurants are open on the first day depend on the ship. The typical extra-cost restaurants open for lunch on embarkation day are:

• Chops Grille
• Johnny Rockets
• Giovanni's Table
• Jaimie’s Italian
• Sabor
• Playmakers Bar

How do to find which restaurants are on your ship

After reading this, your next logical question may be which restaurants are on your ship, both specialty and included.

The easiest way to find that out is to read a past Cruise Compass from a sailing on your ship.

The Cruise Compass is a daily newspaper of events, times, and schedules, including what is open on the first day of your cruise.  If you read one or two of these Compasses, you will quickly discover the restaurants open on embarkation day for a given ship are pretty much the same each sailing.

Restaurants open for dinner

Once you get to dinner time on the first day of your cruise, all the restaurants onboard will be open for service.

Unlike lunch on the first day, dinner time is the beginning of a more normalized schedule for operations onboard and you do not have to be concerned about a specific restaurant being open or not.

The most notable restaurant open to everyone for dinner, but not lunch, on embarkation day is the main dining room.

Depending if you booked traditional or My Time Dining for your dinners, the dining room is always available as an option, in addition to the complimentary and specialty restaurants onboard.

One of the things I love about Royal Caribbean is how there is always something new and different to try. Even after dozens and dozens of cruises, I have yet to tackle everything to do.

Royal Caribbean offers so many activities and things to do onboard that the notion of being bored on a cruise is simply ridiculous. If anything, there is an overwhelming (in a good way) variety of activities.

Here is a look at the things I have not yet gotten around to trying yet on a Royal Caribbean cruise.

Rock climbing wall

The fact I have not done the rock climbing wall is truly bizarre because I really want to try it, but just have not managed to make it happen.

A few times I actually planned to give it a try, but the wall was not open for guests to climb.  One time the wall was open, but it was so hot that the crew member warned me against trying due to the wall being too hot at the time.

I hope to finally give it a try at some point, as it looks like a lot of fun and a great challenge.

FlowRider

While I would love to be able to be one of those people that hops on the FlowRider surf simulator and impress everyone with my mad skills, unfortunately my lack of physical coordination makes this less appealing.

I love to watch people try to surf on the FlowRider, but the truth is I am very concerned about falling hard on a part of my body not accustomed to taking a lot of weight and hurting myself.  It is a bit of an irrational fear considering how many people have no issues, but it still lingers in my mind.

If I were to try the FlowRider, I think I would do the boogie board option at the very least, since that seems to be far less impactful when wiping out.

Attend the art auction

Before I ever took my first Royal Caribbean cruise, I heard warnings from other cruisers about the art auction and issues others have encountered.

First and foremost, I am not much of an art person.  Second, the concept is not terribly appealing.  And third, there are plenty of reported issues with the art dealer to scare me off.

Someday I would like to sit in for a few minutes and observe, but I have no burning desire to check it out anytime soon.

Volunteered for a game show

Whether it is the Love and Marriage, The Quest, Battle of the Sexes or any of the other game shows Royal Caribbean produces on its ships, I have never been a volunteer for them.

While fun to watch, I am a bit too shy to give these shows a try myself out of fear of embarrassment. I also derive much more satisfaction from watching others, than doing it myself.

Out of everything on this list, this might be the last thing I ever tackle because of my personality.  

Laser tag

Like the rock climbing wall, I have not tried laser tag on a Royal Caribbean ship out of primarily bad timing on my part.

Laser tag is held in Studio B at select times, and I think I am usually doing something else during those times. In addition, I seem to recall laser tag being held on port days while the ship is in port.

I absolutely want to try laser tag, and my kids do too, so I think this will happen sooner than later.

Cupcake Class

The cupcake decorating class is an onboard activity that I hear a lot of positive comments about, so I think I would not mind giving it a try.

Like laser tag, I think my kids would really enjoy this too, so perhaps it is something we can try on a sea day to change things up.  

Karaoke

Like so many other people, it is one thing to sing to yourself in the car or shower, but singing in front of a crowd is a completely different proposition.

As an observer, there are three kind of people who usually volunteer for karaoke: really good singers, really bad singers that do not know they are bad, and really bad singers who go up for a laugh.

I would fall into that last category, but I admit I have a bit of stage fright going up there to sing a song I know I am not going to do very well. At some point I think I could muster the nerve to get up on stage to belt out a tune, but who knows when that will occur.

Sailed on some Royal Caribbean ships

I would be remiss if I did not mention that I have not sailed on every Royal Caribbean ship yet.

There are so many ships to choose from, and I have not yet managed to get onboard all of them. Here are the ones I am missing:

• Spectrum of the Seas
• Ovation of the Seas
• Liberty of the Seas
• Voyager of the Seas
• Adventure of the Seas
• Radiance of the Seas
• Serenade of the Seas
• Vision of the Seas
• Grandeur of the Seas
• Enchantment of the Seas
• Empress of the Seas

I would love to sail on each of these ships at some point, so it is just a matter of scheduling, as well as ensuring these ships are close enough to make a trip practical (sorry, China and Australia cruises).

Stayed in a Star Class suite

While I have stayed in a many different suites, I have yet to experience the very top tier suite experience on Royal Caribbean.

The Star Class suites are on Oasis and Quantum class ships, and the reason I have yet to give them a try is the price tag.  

I have done plenty of Junior Suites, Grand Suites and Owner Suites, but never booked my own Star Class room.  I have been inside of these palatial staterooms, but was never the person who slept every night in that room.

At some point, I really want to give it a try to see how it compares, especially for the opportunity to have access to a Royal Genie. I just need to find a Star Class room that does not so closely resemble the price of a new car.

What is something you haven't done on Royal Caribbean yet?

Now that I have shared my list, what are the things you have yet to try on a Royal Caribbean cruise? What is at the top of your must-do list? Share your thoughts in our comments!

The plan for a $300 million cruise destination in Freeport, Bahamas may need to be adjusted given the major changes in the cruise industry.

The Bahamas tourism and aviation minister told Tribune Business that the sale of the Grand Lucayan resort and redevelopment of Freeport is still a go, but the deal will need to be adjusted from what was originally planned.

Dionisio D’Aguilar said the Royal Caribbean joint venture, Holistica, "still seem to be interested" in the redevelopment, but need to restructure the terms of the deal because of the major blow to the cruise industry COVID-19 and associated shutdown have had on the cruise industry.

Holistica is a new company formed between Royal Caribbean and ITM Group that seeks to develop cruise ports around the world.

“It may not be the deal we had prior to March 3, but to say it’s not going anywhere would be an incorrect conclusion. They [the Holistica partners] still seem very interested, and you have a wiling seller and a willing buyer negotiating terms. The willingness is still there.”

Mr. D’Aguilar did not disclose details on the ongoing negotiations between the government and Holistica.

In early March, Royal Caribbean announced a multi-phase project that will redevelop the Freeport cruise ship terminal to bring a new world-class destination with a one-of-a-kind hotel, convention center, water adventure park and more.

He did say that Royal Caribbean and ITM may be adjusting their valuation and projections given COVID-19’s continued devastating impact on the cruise business and tourism in general.

"Obviously August 2020 is not the same as February 2020, so obviously you are going to change some terms to take into consideration the facts have changed. It’s very unfortunate, but it is what it is."

Mr D’Aguilar also conceded that talks on the Freeport Harbour component of the deal, which are taking place between IBM/Royal Caribbean and the Hutchison Whampoa-controlled Freeport Harbour Company, “need to be concluded”, although he added: “I’m advised it’s moving in the right direction.”

#With the Bahamian economy shut down for four to five of the past six months, the minister said Royal Caribbean/ITM’s construction start still remains delayed by around six months.

St. Kitts and Nevis announced on Monday it will allow two Royal Caribbean cruise ships to stop at St. Kitts.

Vision of the Seas and Rhapsody of the Seas will be able to harbour at Port Zante.

Lindsay Grant, Minister of Tourism, said each crew member will be given an RT-PCR test upon arrival and quarantine for 14 days on their vessels. When all crew members receive a negative test at the end of their quarantine, they will be allowed to disembark while observing social distancing and mask-wearing safety measures.

There are currently zero active cases of COVID-19 on the island.

"The health and the safety of our citizens, residents, and of our visitors remains our number one priority […] We have taken all the necessary health and safety protocols to ensure that St Kitts and Nevis remains safe." Minister Grant noted. "This assistance represents the true nature of our people to support others in a time of need," he added.

While this blog focuses on Royal Caribbean, you might be wondering what makes this cruise line from others and what the major differences are between each one.

There are a number of cruise lines to choose from, and each cruise line offers their own style and approach to what a cruise vacation is all about.

Types of cruise lines

Before you can pick one cruise line, you should know there are a few categories of cruise lines to consider.

Just like there are different types of automobiles (compacts, luxury, SUVs, et al), there are different types of cruise lines that target different demographics and prices.

Royal Caribbean, Carnival, Disney and Norwegian are just a few of the mass-market cruise lines that appeal to all ages, and offer contemporary pricing that is affordable by most people. These cruise lines will see a good mix of ages, and offer activities and things to do for the young and old, and will sail to destinations around the world, although primarily focus on the major cruise markets, such as the Caribbean or Europe.

Premium cruise lines offer an elevated experience, and tend to offer a "plussed" version of what the mass-market cruise lines have onboard. Princess, Celebrity, Holland America or Oceania are good examples of these types of cruise lines, and they are still generally large ships with upgraded amenities. In addition, they may offer longer and/or more varied itineraries.

Luxury cruise lines offer a more intimate cruise experience on substantially smaller vessels that focus on the individual experience. These cruise lines are all about offering a personalized experience on ships that do not rely on whizzbang features.  This includes SilverSea, Seabourn, Regent Seven Seas Cruises and others. Some luxury cruise lines are known as expedition lines, which means they offer luxurious cruises to far off destinations that most cruise lines could never go to due to ship size or distance.

There are still other cruise lines that straddle the line between these major categories. The major differences between each of these cruise lines is primarily price, size of the ships, and where it sails.

How to pick a cruise line

When picking between the cruise lines, you want to determine what they offer (and don't offer) to ensure it matches with what you want in a vacation.

While it is true that most cruise lines have more in common than not, there are some substantial differences when it comes to the onboard experience overall. Cruise lines may market themselves as offering something for everyone, but each line has its own strengths that can sway the decision depending on the person.

The decision of which cruise line to pick usually boils down to three major factors: price, where it sails, and what the ship offers.

Picking a cruise line is less important as picking the right ship for you.  Most cruise lines have quite a few ships in their fleet, and they are not carbon copies of each other.

If you take Royal Caribbean International for example, they have 26 ships in their fleet that are of various sizes and pricing and stateroom options that run the gamut of choices. Whether you are cruising as a family, looking for an empty nester getaway or spring break college vacation, there is something to be found for each group.

Ultimately, each cruise line has its own DNA to its approach to cruising.  Disney Cruise Line will offer a heavy focus on family cruising and incorporation of the brand's library of films. Carnival Cruise Line is about offering a party at sea. Celebrity Cruise Line likes to offer an upscale experience to contemporary cruising. Norwegian Cruise Line bucks the trend of cruise tradition and takes a freestyle approach to their vacations.

If you are looking for cruise ships that pack a lot into the onboard experience, where the ship is the destination, then the mainstream cruise lines and premium cruise lines are great choices.

If you are looking to splurge and want to see the world at the same time, a luxury cruise line will take you there and personalize the trip along the way.

Which cruise line should I choose?

First and foremost, determine your budget, as no choice will matter if you cannot afford it.

If you are new to cruising and do not know what to expect, a mainstream cruise line is usually a good starting point. There is enough variety between the ships in the major cruise lines to cater to most needs. If you have kids, this is where you want to be.

If you like the finer things in life, and are willing to pay for them, a luxury cruise line will offer the kind of pampering and exotic destinations that will be sure to impress friends back at the country club.

Think of the premium cruise lines as a mix of fun things to do on the ship, along with an upgraded experience. 

Ultimately, there is no right or wrong answer.  Cruises are an exciting adventure, and you will find your preferred approach to it and which cruise line works best. It is rare to make a terrible decision in cruise line, so embrace the opportunity and give a couple a try.

Two of Royal Caribbean's biggest cruise ships were spotted in Southampton over the weekend, giving locals in the area a glimpse of these popular ships.

RoyalCaribbeanBlog reader Sarah Lynn stopped by the Port of Southampton to take a few photos of these ships.

Sarah went on a ferry that toured the cruise ships anchored off the South Coast of England, and took photos of the ships for all of us to enjoy.

A few Royal Caribbean ships have been positioned off the southern coast of England, and make periodic stops in Southampton for resupply.

It is noteworthy to mention that Anthem of the Seas just completed a refurbishment in Damen Shiprepair Brest in Brest, France.

Anthem was due for routine maintenance that focused on preventative upkeep work.

There are no major aesthetic upgrades to Anthem of the Seas announced, so this is purely a traditional dry dock to take care of "under the hood" work, such as painting and engine work.

Welcome to this week's edition of the Royal Caribbean post round-up, where we summarize all of the Royal Caribbean news and information from this week into one handy-dandy post! There is plenty of great content to enjoy, so sit back, relax, and enjoy this week's round-up!

Royal Caribbean provided a business update this week in conjunction with announcing its second quarter 2020 financial results.

The cruise giant reported a $1.6 billion loss for the quarter, compared to a $472.8 million income last year at the same time.

Royal Caribbean's estimated monthly cash burn is about $250 million to $290 million per month during a prolonged suspension of operations. 

Royal Caribbean Group indicated 2021 cruise bookings are trending well and is within historical ranges.

Royal Caribbean News

• Royal Caribbean is considering extending Future Cruise Credits.
• Here's a look at where Royal Caribbean cruising is right now, and what's to come next.
• The CDC has begun posting comments from the public on cruises resuming.
• Here's all the health policies Royal Caribbean has confirmed or hinted once cruises resumes.
• Here are the crew members to find if you have a problem onboard your cruise.
• Bahamas wants cruises to return to Nassau, not just private islands
• Check out our Royal Caribbean FAQ.
• Odyssey of the Seas lifeboats have been delivered to shipyard.
• Royal Caribbean Group announced it has gotten a loan facility for $700 million.
• Royal Caribbean is planning its future without any federal assistance for a bailout.
• Royal Caribbean thinks a lot of people want to go on a cruise next year.

Royal Caribbean Blog Podcast

The 367th episode of the Royal Caribbean Blog Podcast is now available, where Pacale talks about a memorable cruise on Jewel of the Seas.

Pascale sailed on Jewel of the Seas in 2004 during a hurricane, and shares how the storm did not ruin what ended up being a really fun cruise vacation.

Please subscribe via iTunes or RSS, and head over to rate and review the podcast on iTunes if you can! 

You might have to take a COVID-19 test to go on a Royal Caribbean cruise in the future

Royal Caribbean's CEO said the cruise line is thinking about using rapid testing for guests in order to go on a cruise.

Royal Caribbean International CEO Michael Bayley indicated testing of guests is "very likely" to occur.

Mr. Bailey said that while the recommendations of the  Healthy Sail Panel of health experts are not available yet, he did say testing will be part of their recommendations.

While you will likely have a great time on a cruise without running into any problems, occasionally something happens that needs attention of someone who can quickly remedy the issue.

Just like when at a resort, casino or theme park on land, cruise ship guests can sometimes run into a problem.  Rather than just chalking it up to bad luck, you can (and should) let Royal Caribbean know about the problem to get it rectified. 

You should start with the front-line crew member you have easy access to first, but if things are not moving, then it may be time to escalate.The key is knowing who to contact onboard to get things solved, so here are some important people you can reach out to during the cruise for results.

Head Waiter

When you are in the dining rooms, the woman or man who can make special requests happen is the head waiter (sometimes known as the Maître D). 

Your waiter can handle most requests, so be sure to start with him or her, but if it requires special coordination between the dining room staff, galley or even other departments, the head waiter can step in and assist.

Often the head waiter will visit your table during the meal to introduce themselves, but you can always ask your waiter to speak to the head waiter to address other issues.

Suite Concierge

If you are staying in a suite stateroom, you absolutely want to get to know the concierge early during your cruise.

It is the job of the suite concierge to make sure everything is going well, and they are the problem solver for suite guests.

Part guest relations, part dining guide, and part event coordinator, the concierge is empowered to do a lot, especially when problems arise. In a lot of cases, the concierge may have inside information on changes occurring onboard and know exactly who to reach out to about most situations.

The suite concierge will have regular hours they are available in the Suite Lounge, so be sure to stop in and say hello on the first day to not only meet them, but get a copy of their schedule.

Hotel Director

The hotel operations is a massive component to a cruise ship, and at the top of the chain is the hotel director.

A cruise ship hotel director is in charge of all aspects of the hotel-type operations, including everything related to your cabin and housekeeping.

The reason to reach out to the hotel director is for something your stateroom attendant cannot easily handle, such as mechanical issues that are not resolved quick enough or even issues with other guests.

While you want to start off with your stateroom attendant for nearly every issue, if a problem lingers or the resolution is not up to your liking, be sure to reach out to the hotel director.

You can always call down to Guest Services to get the extension of the hotel director and quickly get in touch with him or her.

Cruise Director

You might wonder why you would need to get a hold of the cruise director, but if you are anything like me, you do not want to miss out on any of the fun activities onboard.

The Cruise Director manages the activity and sports staff onboard, and she or he are the person that can answer questions about scheduling, as well as who to talk to about special requests.

With so many things to do on a cruise, it is easy to miss out on something. It is a good idea to speak to the cruise director if an activity is not running well, or if you want to inquire about an event you had on another cruise.  Heck, if your group wants a space to do an activity, the cruise director may be able to assist in getting space for you.

Guest Services

When in doubt, the catch-all is to contact Guest Services for any issues you run into.

You would be surprised how many issues Guest Services can directly assist with, but if they cannot, they will put you in contact with someone who can.

Do not hesitate to reach out, even just to ask if what you are seeing is a problem or not. Don't be shy that you are asking a "dumb question" or are being a bother. They are there to help, and odds are they have seen it all by this point.

Guest Services is your go-to call during late or early hours, when other crew members may otherwise be unavailable.

Don't forget your travel agent

If you think the job of a travel agent ends once you get on the cruise ship, you are very mistaken.

Travel agents can be a great resource while you are on a cruise to answer questions, especially if you are seeing a discrepency between what you expect and what the crew onboard are telling you.

Missing onboard credits, stateroom assignment information, gratuities and more are problems your travel agent can address with the shoreside team while you enjoy your cruise.

A quick email to your travel agent to clarify something is a great tool to keep in your back pocket if the need arises.

The U.S. Centers for Disease Control and Prevention (CDC) has begun posting comments from the public on how cruises should restart again.

Since July 24, the CDC has been asking for feedback from the general public on cruise lines resuming passenger operations.

As of the writing of this post, over 900 comments submitted to the federal agency have been shared on the regulations.gov site.

Each submission has the submitter's name, along with their comments.

Strong opinions on cruising

If you take the time to browse the comments, you will find submissions that are a few sentences to many pages long.

Most of the comments seem to be in favor of cruises returning to service, and suggest new policies to keep guests safe.

"We cruisers are more than ready to resume cruising so PLEASE provide for cruising to resume! Fewer passengers, stringent cleaning procedures and no buffet lines would help." - Leelana Orr

"Covid test before you cruise. bring proof you're all clear. Temp checks when entering ships. Even cruise to ships private islands would be fine." - Elizabeth Dunai

"I have read some information via various news sources about the joint venture of Royal Caribbean & Norwegian cruise lines to develop a document of new safety protocols & processes. While not all encompassing, these new protocols & processes for keeping guests & crew safe, ultimate sanitation, etc., has made me feel confident that the cruise lines are taking Covid 19 very seriously." - Donna Gilleece

Many guest have also urged a more realistic approach to cruises that cannot eliminate all risk.

"The industry needs to be allowed to reopen and the public needs to be empowered to make decisions regarding their health and wellbeing when traveling." - Zdravko Galinec

"Truthfully the cruise ships are far more cleaner than Walmart . Please allow them to reopen even if it is at reduced capacity" - Julie Ozsoy  

Some that submitted comments urged more caution in any kind of return.

"In my opinion, cruise ships are a Covid-19 petri dish and should not be allowed to operate until a vaccine is developed or the virus infection rate significantly diminishes." - Greg Walker

And then there are a lot of comments from people who believe the CDC have overstepped their authority.

"I have worked as a federal employee for over 20 years in HealthCare and am appalled by your total abuse of power." - Robin Divers

"The cruise industry has taken a disgraceful public relations denouncement from the CDC. This is unjustified and unfair." - Anita Weiss

"Let us decide if we are comfortable, not the government. It's an abuse of a non-enumerated power." - Gerald Gleason

There is still time to submit your comments

You can submit comments online or via the mail.

To complete it online, visit the Federal Register's E-Rulemaking Portal by going to the U.S. Federal Register's website.

Be sure to use the Document ID to search for this page: CDC-2020-0087-0001.