Royal Caribbean Blog

Two Royal Caribbean ships have been in Southampton over the last few days repatriating crew from the UK and Europe.

Jack's Cruise Blog shared photos with us of these great ships in port, while crew members were disembarking and getting charter flights home.

Jewel of the Seas had crew members from Allure of the Seas that were transferred onboard prior to Allure beginning her dry dock while the two ships were in Gibraltar. 

Both ships came from The Bahamas to Southampton in an effort to repatriate more of the cruise.

Royal Caribbean Cruises Ltd. announced on Friday that it has priced its concurrent private offerings of $1.0 billion aggregate principal amount of 9.125% Senior Guaranteed Notes due 2023, and $1.0 billion aggregate principal amount of 4.250% Convertible Senior Notes due 2023.

The Senior Notes will mature on June 15, 2023. The Senior Notes will be fully and unconditionally guaranteed on a senior unsecured basis by a newly formed, direct wholly owned subsidiary of the Company that will own all the equity interests in the Company's subsidiaries that own seven of the Company's vessels. 

The Convertible Notes will mature on June 15, 2023, unless earlier converted, redeemed pursuant to a tax redemption or repurchased. The initial conversion rate per $1,000 principal amount of Convertible Notes is 13.8672 shares of common stock of the Company, which is equivalent to an initial conversion price of approximately $72.11 per share, subject to adjustment in certain circumstances. The initial conversion price represents a conversion premium of approximately 25.00% to the last reported sale price of $57.69 per share of the Company's common stock on The New York Stock Exchange on June 4, 2020.

The Convertible Notes will be convertible at the holder's option in certain circumstances. Upon conversion, the Company may satisfy its conversion obligation by paying or delivering, at its election, as applicable, cash, shares of its common stock or a combination of cash and shares of its common stock. The Convertible Notes will not be guaranteed by any of the Company's subsidiaries.

In connection with the offering of the Convertible Notes, the Company granted certain of the initial purchasers of the Convertible Notes a 13-day option to purchase up to an additional $150.0 million aggregate principal amount of the Convertible Notes. The Notes are expected to be issued on or around June 9, 2020, subject to customary closing conditions. The closing of each of the Senior Notes offering and the Convertible Notes offering is not contingent upon the closing of the other offering.

The Company expects to use the combined net proceeds from the offerings of the Notes for general corporate purposes, which may include the repayment of indebtedness.

Before your first cruise vacation begins, there are some important things everyone should before going on their cruise ship.

A cruise vacation does not mean simply showing up to the embarkation port on the first day of your cruise and seeing how things go. In order to avoid some common first time cruise mistakes, I have tried and true advice to share for anyone with a cruise planned.

22. Bring something magnetic to put on the outside of your cabin door

Cruise ship cabin walls and doors are magnetic, and Redditor Artandelfie advised bringing something magnetic to put on the outside of your cabin door. This will easily distinguish your cabin from others in the hallway, making it easier to find your room throughout the cruise.

This trend is popular in the cruising industry, and you can buy customized magnets on craft websites like Etsy. Customized magnets can include your family name, ship name, or be themed for a birthday or anniversary celebration.

It can be a lot of fun to decorate your cruise cabin door, and many families like to get their kids involved with picking and designing magnets. From nautical-themed decor to sea creatures, you can choose from countless colorful designs.

As another plus, it’s a lot easier to find your decorated cruise cabin door after a few too many drinks at the Schooner Bar!

21. Wake up early to take advantage of a quiet ship

User Rubyfisch mentioned how early morning on the ship can be a magical time.

“Watch the sunrise from the deck,” they explained. “Walk around the empty ship coming to life. Take a free stretching class. Go to the Windjammer when it’s quiet and still. Grab a fancy coffee before the line gets too long.”

We agree with Rubyfisch in that the morning is one of the best times to enjoy your cruise ship. Many passengers prefer sleeping in on a cruise—it is vacation, after all—and this makes early morning on a cruise ship the quietest time of the day.

Of course, this rule holds true for sea days more than port days. Early morning on port days tend to be more chaotic due to passengers waking up eager to eat breakfast and disembark the ship for shore excursions.

20. Download the Royal Caribbean app

The Royal Caribbean app has gone from utility to must-have.

With new features and capabilities coming to Royal Caribbean's app as a result of ensuring health and safety are the top priority. This includes a variety of new changes:

• Enforced check-in times at the cruise terminal
• Muster 2.0 enhanced safety drill
• Digital Key and stateroom controls
• Guest to guest chat feature
• Wellness check and health questionnaires 

Royal Caribbean's app is available on the iTunes App Store and Google Play Store.

19. Check the weather

In the last few days before you set sail, you can check the weather forecast to see if any major shifts from what you expect will occur.

If you are cruising the Caribbean, it's going to be plenty warm and likely humid, but cold fronts and even a hurricane could change what you pack and wear onboard.

For cruises visiting Europe or Alaska, weather forecasts are far more critical because of the variations in temperatures and precipitation you could encounter.

There is little value in looking at long-term weather forecasts.  Start checking the weather no more than 5 days before your cruise, to ensure the forecast is accurate.

Read more: Cruise FAQ: Weather

18. Watch a ship tour on YouTube

Watch a tour of your cruise ship on YouTube before you set sail, as this is one of the best ways to learn more about your cruise before embarkation day.

YouTube is full of detailed ship tours on every Royal Caribbean ship. These tours provide a walkthrough tour of your cruise ship while explaining helpful information about the dining venues, entertainment, and other amenities found onboard.

If there’s just one thing you do during the cruise research process, make sure it’s watching a tour of your ship. We have fifteen full ship tours on the Royal Caribbean Blog YouTube channel, each of which provides visuals of the ship and detailed commentary about everything to expect.

17. Check for a last-minute cabin upgrade

It doesn't hurt to see if any new cabins have come back to be bookable at the last-minute.

People cancel their cruises all the time, even if there are just a few days left. Whatever the reason, these cancellations mean their cabin will come back on the market to be booked.

If you wanted a better cabin in the first place, or want to see how much more it would be to upgrade, you can usually change rooms just a few days before your cruise if you will end up spending more money.

16. Figure out how you are getting to the port or airport

Driving yourself? Taxi? Uber? Limo? Now is the time to crunch the numbers to determine how you will get from your house to the next stop.

If you are driving to the cruise port, consider parking off-site or at the terminal. I prefer the terminal for the convenience, but you will pay more.

You may also consider doing a one-way car rental, taking a ride sharing service, or a car service. Each has its benefits, depending on your priorities.

15. Find a roll call

Did you know you can meet other cruisers on your Royal Caribbean sailing?

The RoyalCaribbeanBlog message boards has a dedicated forum for people on the same sailing to meet and get excited for the cruise together. You will not only know a friendly face or two onboard, but sometimes people will organize tours together to save money, or plan meet ups.

It's okay if you aren't the life of the party, just post a friendly hello. You never know what new friends you might make.

14. Call your credit card company

Before you travel internationally, it is a good idea to give your credit card company a call to let them know.

Many credit cards look for out of the ordinary charges, especially from different locations. If you are suddenly racking up bills in Mexico, that may trigger a freeze on your card rendering it useless until you can call them.

This is also a good time to double check if your credit card has any foreign transaction fees, as these can balloon your costs.

13. Pack

This one may seem really obvious, but you want to get a start on packing.

It's an easy mistake to assume packing will be easy or quick, but you may find it takes up much more time than you thought. More importantly, packing early may uncover certain clothes you suddenly realize you need.

Whether a piece of clothing is missing, ruined, or just out of style, going through the packing process may end up with a sudden need for new clothing. Packing a few days early will help ensure you have enough time to get anything extra you need to buy.

Read more: The best packing for a cruise list

12. Bring a lot of $1 bills for tips

Tubbis9001 gave great advice for any first-time cruiser: bring a lot of $1 bills.

“Most tips are included, sure. But a dollar for the luggage porters here, a dollar for your shore excursion bus driver there, it makes things easier,” Tubbis9001 explained.

Related: How much cash should you bring on a cruise?

Gratuities are automatically added to the price of a Royal Caribbean cruise, at $16 per person, per day for those in standard rooms and $18.50 per person, per day in Grand Suites and above. However, it’s customary (albeit optional) to tip crew members and other service providers extra during your cruise.

Having small bills on hand is helpful when you want to give a few dollars to porters, shore excursion guides, bartenders, waiters, and other staff onboard. $1 and $5 bills will be the most useful, and if you don’t have small bills, you can always break up a larger bill by going to Guest Services once onboard.

11. Print out documents

Whether you need copies of your shore excursion tickets, boarding passes, or airline boarding pass, double check everything you need is printed out.

While we live in a digital age, having print outs can sometimes be easier, especially for documents you need at check-in.

Moreover, you never know what the cell signal or wifi situation will be in cruise terminals, so having a hard copy can save a lot of grief later.

10. Research shore excursions

Your cruise ship will visit different ports of call during your sailing, so picking a great shore excursion for the few hours you have in each stop is very important.

Your first step is to determine the most popular activities in each port. Then, start looking at what tours are available, either on your own or through the cruise line.

The key is to determine which tours you want to book, and reserve it in advance. In some cases booking in advance will save you money, and everyone can benefit from having the luxury of time to consider all options.

9. Pre-book to save money

Royal Caribbean offers discounts on many packages and cruise add-ons if you buy it before the cruise.

Log into Royal Caribbean's website and head over to the Cruise Planner site to find pricing on things like a drink package, onboard WiFi, specialty dining and more.

Drink Packages

The most common question is if a Royal Caribbean drink package is worth it, and the answer depends on the person.  The price of a drink package before the cruise will always be cheaper than compared to buying it onboard.

There are a lot of considerations when it comes to if you need any of these options, but if you want to buy any of it, be sure to do so before the cruise because it will cost you more onboard the ship.

The decision to get a drink package is totally dependent on your drinking habits, and a drink package has the potential to save money, provided they drink enough every day of the cruise.

WiFi

Royal Caribbean's cruise ship WiFi will allow you to stay connected and surf the web, check email, and post to social media.

It is not uncommon to find discounts of up to 60% off the onboard prices for a Voom internet package. Regardless of the discount offered, pre-purchasing internet will save you money compared to buying it onboard.

Dining Packages

While there are lots of great places to dine on your ship that cost nothing extra, indulging in specialty dining offers more choices at an extra cost. Royal Caribbean has designed its specialty restaurants around themes or cuisines (Italian, steakhouse, sushi, etc).

The exact amount extra will vary from restaurant to restaurant, and ship to ship.

You have the option of pre-booking a specific restaurant, or purchasing a dining package that offers a set amount of restaurants for a lower per-meal cost.

8. Book flights & hotels

Something you should keep an eye on as soon as you book a cruise are flight prices and hotel rates.

First and foremost, be sure to plan to fly in at least one day ahead of time before your cruise.  A common cruise mistake is trying to fly in the same day your cruise ship leaves and risking putting your entire vacation in jeopardy if there is a travel delay.

Not only does flying in at least a day ahead of your cruise guard against travel delays impacting your vacation, but it starts your vacation earlier!

You should also monitor hotel prices, but never book anything that is non-refundable.  Hotel prices tend to be very volatile, and I have observed significant price changes in the weeks and months leading up to a cruise.

Your best bet is to make a refundable deposit for a hotel, and then keep an eye on prices and cancel and rebook as necessary. Most hotels tend to offer no-money down reservations and flexible cancellation terms, which allows you to take advantage of price drops and sales closer to your sail date.

7. Make sure you have enough cash

While a Royal Caribbean cruise is cashless, there is still a need to have cash on hand for a variety of scenarios, including:

• Tips for porters, bus drivers and almost anyone else who gets you to or from the cruise terminal
• Taxis, souvenirs and most transactions while in your ports of call
• Casino spending money on the ship
• Optional extra tips for bartenders/waiters onboard

It is impossible to know exactly how much cash you need, but plan on at least having some on hand. Depending on your spending habits, the amount of ports your cruise will visit, and the size of your family, the more or less cash you will need.

You can always get cash onboard the ship from Guest Services, the onboard ATM or the casino, but these come with transaction fees.

6. Learn about your cruise ship

If your goal is not miss out on anything fun or interesting on your cruise, you are best served by learning as much as you can about your ship before you set sail.

Knowledge is power, and the more you know about what to expect on your Royal Caribbean cruise, the better prepared you will be and I think that leads to a better vacation experience. Learning about Royal Caribbean cruises has never been easier, and there is so much great information at your fingertips.  

Take advantage of the internet by reading trip reports, consulting a past Cruise Compass, listening to podcast episodes, and otherwise learning from others.

In particular, reading a past Cruise Compass from the ship and itinerary you are booked on is a really good way to get answers to commonly asked questions, such as:

• How many formal nights are there on my cruise?
• What restaurants are included with my cruise fare?
• Which shows are are on my cruise?
• What is free on the cruise?
• Which restaurants are open on embarkation day?

There is a wealth of great information from past cruisers on what to expect from your ship. Essentially, you want to be certain what the ship offers onboard so there are no surprises during your vacation.

5. Check your travel documents

In order to go on your Royal Caribbean cruise, you will need to have the proper documentation to actually board the ship.  Depending on which country your cruise begins and ends in, the exact documentation will vary.

A good starting point is to make certain you know exactly where everyone's passport, birth certificate and/or state issued identification is located.  Moreover, check expiration dates of these documents and verify that they will not be expiring anytime soon.  

If you are wondering do you need a passport for a cruise, the answer will depend on your citizenship and which country your cruise is sailing and returning. If you are a U.S. citizen and going on a cruise that begins and ends in the U.S., you do not need a passport to sail, but it is still a good idea to get one anyway. It is simpler and safer to have a passport, and a fantastic investment for any traveler.

4. Consider travel insurance

While everyone may not need to buy a travel insurance plan, you really should at least consider it before your cruise begins.

Travel insurance comes in many forms, and covers a variety of possible scenarios. It is available to purchase through Royal Caribbean directly, your travel agent, or any number of third parties.

Trip insurance can protect you against a multitude of emergencies, unforeseen events and accidents.  It is one of those things that you are glad you have it, if you need it.  

It is important to not just look at price but consider what is actually covered by the plan.  A common misconception surrounds hurricanes.  Many people think trip insurance will cover them if there is a hurricane in the general vicinity of their cruise and they can cancel with a full refund.  The reality is most plans only cover hurricanes if the cruise is canceled or otherwise directly impacted by the storm.  A guest's desire to cancel because they fear a storm is not usually grounds for the insurance to kick in, so it is important to understand what the plan does and does not cover and what circumstances allow for the insurance to kick in.

Be sure to check if any of your credit cards include complimentary trip insurance as part of the card benefits.

3. Complete online check-in

The easiest (and best) way to check-in for your cruise is via Royal Caribbean's app.  It is free to download, and will save you time later, when you arrive to the cruise terminal.

Complete the check-in process online as early as you can to get the best times for check-in. Doing this now will save you time later. 

2. Print luggage tags

After you complete online check-in for your cruise, you can print out luggage tags to attach to your suitcases that will be delivered to your stateroom.

These tags tell the Royal Caribbean crew members which deck and stateroom to deliver the luggage to later in the day.

You can print the luggage tags by logging onto Royal Caribbean's site and accessing your online cruise documents.

1. Pre-book entertainment

If you are sailing on an Oasis or Quantum Class ship, you can pre-book select shows before the cruise via the Cruise Planner website.

There is no extra cost to make reservations for shows, and it assures you of a seat for that performance, provided you arrive on-time.

There is no set timeframe when entertainment becomes available for booking on Oasis or Quantum Class ships. It is usually closer your sail date, so check the Cruise Planner periodically for if the option appears.

You can find shows to book on Royal Caribbean's Cruise Planner site.

Royal Caribbean has launched a new sale on shore excursions, drink packages, internet and more.

The Sun-Soaked Savings offer applies to bookings made between June 4 - June 11, 2020 on sailings from  August 1, 2020 - March 31, 2021.

It includes:

BEVERAGE: Up to 45% off on all sailings.

• Classic Soda Beverage Package: 40% off onboard prices. (Excludes Charter Sailings + Spectrum of the Seas)
• Classic Soda Beverage Package + VOOM Surf & Stream 1 Device: (Excludes Charter Sailings + Spectrum of the Seas)
• Dasani Water Cans: Discount varies by ship. (Excludes Charter Sailings + Spectrum of the Seas)
• Deluxe Beverage Package: Discount varies by ship. (Excludes Charter Sailings + Spectrum of the Seas)
• Deluxe Beverage Package + VOOM Surf & Stream 1 Device: Discount varies by ship. (Excludes Charter Sailings, Vision of the Seas + Spectrum of the Seas)
• Refreshment Package: Discount varies by ship. (Excludes Charter Sailings + Spectrum of the Seas)

SHORE EXCURSIONS: Up to 40% off

• Shore Excursions: Discount varies by ship. (Excludes Charter Sailings + Spectrum of the Seas)

INTERNET: Up to 65% off

• The Key: Discount varies by ship.. (Excludes Charter Sailings, Majesty of the Seas & Spectrum of the Seas)
• VOOM Surf + Stream Voyage Package 1, 2, 3, 4 Device(s): Discount varies by ship. (Excludes Charter Sailings + Spectrum of the Seas)
• VOOM Surf Voyage Package 1, 2, 3, 4 Device(s): Discount varies by ship. (Excludes Charter Sailings + Spectrum of the Seas)

DINING: Up to 55% off

• Unlimited Dining Package on 3N – 9N sailings: Discount varies by ship. (Excludes Charter Sailings, Majesty of the Seas & Spectrum of the Seas)

ACTIVITIES: 20% off

• All Access Ship Tour: 20% off onboard prices. (Sailings from 8/1/20 - 12/31/20, Excludes Charter Sailings, Ovation of the Seas, Quantum of the Seas & Spectrum of the Seas)

GIFTS & GEAR: Up to 20% off

• Chocolate Covered Strawberries: 20% off onboard prices. (Excludes Charter Sailings, Ovation of the Seas, Quantum of the Seas, Spectrum of the Seas + Voyager of the Seas)
• Happy Anniversary Decorations with Champagne: 20% off onboard prices. (Excludes. Charter Sailings, Ovation of the Seas, Quantum of the Seas, Spectrum of the Seas + Voyager of the Seas)
• Happy Birthday Decorations Bright Style: 20% off onboard prices. (Excludes Charter Sailings, Ovation of the Seas, Quantum of the Seas, Spectrum of the Seas + Voyager of the Seas)
• Happy Birthday Decorations with Vanilla Cake & Strawberries: 20% off onboard prices. (Excludes Charter Sailings, Ovation of the Seas, Quantum of the Seas, Spectrum of the Seas + Voyager of the Seas)
• Inky Beach Set: 20% off onboard prices. (Excludes Charter Sailings, Ovation of the Seas, Quantum of the Seas, Spectrum of the Seas + Voyager of the Seas)
• Inky Beach Towel (TicTacToe): 20% off onboard prices. (Excludes Charter Sailings, Ovation of the Seas, Quantum of the Seas, Spectrum of the Seas + Voyager of the Seas)
• Inky Travel Set: 20% off onboard prices. (Excludes Charter Sailings, Ovation of the Seas, Quantum of the Seas, Spectrum of the Seas + Voyager of the Seas)
• Red Wine and Cheese: 20% off onboard prices. (Excludes Charter Sailings, Ovation of the Seas, Quantum of the Seas, Spectrum of the Seas + Voyager of the Seas)
• Strawberries with Champagne: 20% off onboard prices. (Excludes Charter Sailings, Ovation of the Seas, Quantum of the Seas, Spectrum of the Seas + Voyager of the Seas)
• White Wine and Cheese: 20% off onboard prices. (Excludes Charter Sailings, Ovation of the Seas, Quantum of the Seas, Spectrum of the Seas + Voyager of the Seas)

PHOTO PACKAGES: Up to 20% off

• Photo Packages: From 5 - 100 print and/or digital options: discount varies by ship. (Sailings from 8/1/20 - 3/31/21; See full terms for exclusions)

To check if your sailing has this new offer available, log into the Cruise Planner on Royal Caribbean's web site look for any available offers. Keep in mind that not all sailings may see the sale applicable, nor are all offers significantly cheaper than previously posted.

If you spot a better discount on something you already pre-purchased, you should be able to cancel the purchase and then re-purchase the same item under this promotion.

Royal Caribbean announced on Thursday it is offering up to $2 billion in senior notes and convertible bonds that mature in 2023 in two separate offerings. 

The company said in a statement it will use the proceeds for "general corporate purposes", which may include repaying debt.

The Senior Notes will be fully and unconditionally guaranteed on a senior unsecured basis by a newly formed, direct wholly-owned subsidiary of the Company that will own all the equity interests in the Company’s subsidiaries that own seven of the Company’s vessels with an aggregate net book value of approximately $7.7 billion. The Convertible Notes will not be guaranteed by any of the Company’s subsidiaries.

A new plan by the Centers for Disease Control and Prevention (CDC) will utilize a color-coded system of identifying potential and existing cases of Coronavirus on cruise ships while there are no passengers onboard.

The Miami Herald is reporting that the CDC's new system will assign each cruise ship with a color to signify the ship's status:

• Green: no confirmed cases of COVID-19 or COVID-like illness for 28 days.
• Yellow: one or more COVID-like illness cases pending confirmation.
• Red: one or more cases of confirmed COVID-19 or COVID-like illness within the past 28 days

The new system is one part of the agency's plan to detect, prevent and mitigate the spread of coronavirus on cruise ships. It was developed to assist in simplifying the process of getting crew members home.

If a ship is in Green status, crew transfers and repatriation are possible via commercial transportation, whereas non-commercial transportation would be permitted for yellow or red status.

In addition to the color-coded system, the CDC included recommendations for action to take onboard cruise ships for each color system to mitigate the spread of the disease.

Even while a ship is in Green status, the CDC recommends cruise ships take certain steps to slow the spread if it were to occur:

• Instruct crew members to wear a cloth face covering when outside of individual cabins
• Relocate all crew to single-occupancy cabins with private bathrooms
• Implement social distancing (6 feet) of crew members when working or moving through the ship

It also will require certain other changes for ships in Green status:

• Eliminate self-serve dining options at all crew and officer messes
• Discourage handshaking
• Place hand sanitizer (containing at least 60% alcohol) in multiple locations and in sufficient quantities to encourage hand hygiene
• Promote respiratory and hand hygiene and cough etiquette
• Place posters that encourage hand hygiene to help stop the spread in high-trafficked areas

Plan for passengers is still unknown

The color-coded system was designed for the current state of cruise ships during the global cruise shutdown, but an entirely different approach needs to be determined for passengers.

The CDC’s director of the Division of Global Migration and Quarantine Martin Cetron indicated these plans do not apply to passenger cruises. Furthermore, he told the Miami Herald, "the CDC has not begun to review plans for how to safely operate cruises prior to development of a vaccine."

"This is the bare minimum," Cetron said of the plans to mitigate spread of the virus on ships while cruising is stopped. "If a line ever wants to get back to full density on board, bringing on board people who are at risk of dying of COVID, they have to be able to control COVID on these ships when their occupancy is 90% less. It will be this plan on steroids."

Tourism opening back up elsewhere

While the cruise industry is under the microscope of government oversight, other aspects of the tourism industry have plans in place to resume operations.

Theme parks in Orlando, Florida are re-opening this month, with Universal Orlando re-opening select resort hotels and parks to guests this week. Walt Disney World will re-open in July, and SeaWorld Orlando & Busch Gardens Tampa will re-open June 11.

The airlines have been operating throughout the COVID-19 era, with regular flights in and out of countries such as Spain, Italy and the United Kingdom.

Port Canaveral's CEO recently said he feels the cruise industry is taking an "unfair hit" from the federal government.

Royal Caribbean's employees will begin returning to its Miami headquarters in the next couple of weeks for the first time since the current health crisis forced the cruise line to have everyone work from home.

Royal Caribbean Senior Vice President of Sales and Trade Support & Service Vicki Freed confirmed that employees will begin returning to the corporate headquarters in Miami beginning on June 8, and the second group will go back on June 15.

The factor in determining the date of return for each employee will depend on which building they work in on Royal Caribbean's campus.

Employees working at the company's headquarters were forced to work from home for a number of months in order to foster proper social distancing and adhere to Florida's regulations. With the state relaxing some of those laws in order to reopen many aspects of life, working from headquarters will now be permitted.

Royal Caribbean has paused construction on its new Miami headquarters in late March. The new headquarters will eventually replace the existing corporate campus, as well as provide more space for other employees to work directly in the company's headquarters.

Royal Caribbean has informed travel agents that due to the Canadian Government restricting all cruise traffic through October 2020, its Alaska, Hawaii and Canada/New England cruises are cancelled.

The cruise line indicated itineraries touching on a Canadian port through October 2020 are suspended.

Similar to other cancelled cruises due to the current global health crisis, Royal Caribbean is offering guests three options:

Lift & Shift: Move your existing booking to next year, protecting the current price/promotion, simply by electing to remain on the same itinerary type, sailing length, stateroom category, and within the same 4-week period of their original cruise date same-time-next-year. Opt-in deadlines are as follows:

• Sailings departing June 12-July 31, 2020
  • On-or-before June 10, 2020
• Canada Port closures departing August 1-October 31, 2020
  • On-or-before June 17, 2020

Future Cruise Credit: You client will receive a Future Cruise Credit for 125% of the amount paid, to be redeemed on-or-before December 31, 2021 on sailings through April 2022. This option is automatic and will default if neither of the other options are selected.

Refund: If a refund is preferred, you can opt to receive a 100% refund of their cruise fare. No need to decide now – refund requests are available through December 31, 2020.

Last week, Canada's Public Health Agency announced it was extending its ban on cruises ships with more than 100 people through October 31, 2020.

Canada had originally closed off its borders to all cruise ships carrying more than 500 passengers and crew until between April 2 and July 1, 2020.

Without the ability to visit Canadian ports, Royal Caribbean cruises cannot legally offer sailings because of U.S. cabotage laws that require foreign-flagged vessels leaving from a U.S. port of call to first call on a "distant foreign port" before returning to the United States.

You do not need to study business to know the impact of Royal Caribbean shutting down all of its cruise ships and halting all cruises for months will have a long term impact on the company's bottom line, but one analyst provided some context into what the future might hold.

Faizan Farooque is a contributing author for InvestorPlace.com, and recently wrote about how much time Royal Caribbean Cruise Ltd (NYSE: RCL) will need to recover from its current financial 

Prior to the shutdown, cruise line revenues were steadily rising, and new bookings were at equally impressive. Then the voluntary global cruise shutdown occurred, and just in the first quarter of 2020, the cruise line took over $1 billion in losses.

Even once cruises resume, revenues are expected to take massive hits this year and the next.

Source: Chart by Faizan Farooque, data from S&P Global Market Intelligence

Wall Street expects RCL will finish 2020 with $3.83 billion in revenue, which is down 65% compared to 2019. Analysts believe things will improve in 2021, with an estimate of $8.73 billion in revenue. That estimate is still down from the $11 billion in revenue the company had in 2019.

While the RCL stock is down significantly compared to the start of 2020, it has seen a resurgence lately, rising over 30% in the last month.

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

Norwegian Cruise Line released on Monday its new policies, procedures and measures meant to keep guests safe once cruising resumes.

Royal Caribbean has not released their new health policies, but have alluded to it coming soon.  To give Royal Caribbean cruisers an idea of what to expect, here is what NCL has in mind.

The cruise line posted its new "SAIL SAFE Health and Safety Program" that aims to ensure the health, safety and confidence of guests and crew onboard its ships.

There are six key areas of health and safety addressed in the program, and it will be implemented fleetwide.

Enhanced Screening Protocols

All guests will undergo an enhanced pre-embarkation health screening.

Additionally, all crew will undergo extensive screening prior to embarkation and constant monitoring throughout the voyage. \

Once on board, touchless temperature checks and continuous monitoring of guests and crew throughout the voyage will help identify potential health issues, offering an additional
layer of prevention and protection.

Checks will occur:

• Prior to embarkation and disembarkation
• Upon returning to the ship while in a port of call
• Prior to all activities in public venues
• Prior to all meals in dining venues
• A healthy crew helps ensure healthy guests. Constant monitoring of crew health includes temperature checks multiple times per day as well as rigid sanitation protocols.
• We’re enhancing our existing Pre-Employment Medical Examination process, which already screens for a wide variety of infectious diseases, to ensure the health and safety of our crew.
• We’re exploring on board testing capabilities that will allow crew members to undergo the latest, most advanced form of COVID-19 testing at any time throughout their employment contract.

Responsible Social Distancing

Staggered embarkation and advanced online check-in will be implemented for proper social distancing.

In addition, the cruise line will reduce capacity in all public areas throughout the voyage.

All onboard activities will still be available, although operated at a reduced capacity, and in some cases, slightly modified in order to ensure safe social distancing. NCL will take necessary precautions and follow applicable public health guidelines to ensure guest health and safety, which is our highest priority at all times.

Increased sanitation measures

All ships are thoroughly cleaned and disinfected prior to every voyage in accordance with company protocols, which are developed in partnership with CDC’s Vessel Sanitation Program.

Embarkation terminals will be sanitized continuously, and, where possible, fogged before and after each embarkation and debarkation.

All staterooms, suites and public areas will be cleaned, sanitized and disinfected at an increased frequency, using Electrostatic Spray Technology.

Increased sanitation efforts include:

• The disinfectant we use for fogging in staterooms and public areas is hypochlorous acid (HOCl). Hypochlorous acid is a non-toxic, powerful oxidant that effectively kills bacteria, spores, and viruses. It is natural and safe to use in open areas since it is comprised of natural elements such as water and salt, and electric charge.
• NCL's 24/7 prevention schedule will feature continuous disinfection of public areas and high-traffic touch points. NCL will ensure that cleaning occurs continuously for all elevators and all public areas during on and off-peak hours.
• Buffets and beverage stations will be full service with staff available to serve guests.
• All guests will be strongly encouraged to engage in frequent handwashing, including when entering food and beverage venues, and hand sanitizer will be prominently placed and easily accessible throughout the ship

All-new Air Filtration

Installation of medical-grade air-filters, H13 HEPA, that remove 99.95% of airborne pathogens across our entire fleet to ensure the air you breathe is clean.

Extended Ship To Shore Safety

NCL will visit safe, open ports that may mean itinerary changes.

Enhanced Medical Resources

Onboard medical centers will be fully equipped with the latest testing kits and medical supplies.

NCL will also increase their medical team fleetwide.

Testing kits and medical supplies include:

• Advanced onsite COVID-19 testing
• Increased inventory of vaccinations
• Increased inventory of medications to treat COVID-19

NCL will begin to introduce a newly created onboard position of Public Health Officer, responsible for the oversight of all sanitation and outbreak prevention initiatives. Additionally, they will monitor the day-to-day cleanliness of all public areas and accommodations, maintaining compliance with the CDC’s Vessel Sanitation Program.

• Enhanced health & safety trainings and continued education for crew members.
• Webinars developed by our various health partners.
• WHO and CDC materials are available to vessels and crew.
•  All crew will have public health training when joining the ship.

What do you think of NCL's health program? Does it go far enough to make you feel safe to cruise? Are there rules you do not like? Share your observations in the comments!