
thatguy
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Zeashore reacted to a post in a topic: Thrift store finds
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FionaMG reacted to a post in a topic: Uber or Lyft from Miami Airport to Fort Lauderdale hotel after 10 pm?
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Uber or Lyft from Miami Airport to Fort Lauderdale hotel after 10 pm?
thatguy replied to FionaMG's topic in Other travel
At that time of night I know my wife would have safety concerns. On the recommendation of other cruisers we hired private transportation through "Larry's Limos" to get us from the Miami airport to our FL hotel. Definitely costs more but the service was great and they happily waited for us when our flight came in slightly late. -
We've been on a few different Royal ships and Oasis of the Seas specifically was our most disappointing WJ experience.
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thatguy reacted to a post in a topic: RCCL Alaska Cruise from Hell
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thatguy reacted to a post in a topic: RCCL Alaska Cruise from Hell
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RCCL Alaska Cruise from Hell
thatguy replied to Cruiser_on_ship's topic in Royal Caribbean Discussion
I'm curious about this bit. Do other lines do this? Other than private islands with free trams I don't think I've ever seen a free shuttle. -
thatguy reacted to a post in a topic: How do Back-to-Back Cruises Work?
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thatguy reacted to a post in a topic: How do Back-to-Back Cruises Work?
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Is there any difference in the turnaround experience if you are doing a B2B star class in the same room? Do you have to pack your suitcases?
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Neesa reacted to a post in a topic: CocoCay Cabana Prices
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We got water park tickets for $48.99 on Black Friday and at that price I think it was OK but I don't think it would have been worth the money had I bought it at $88.99 (which was the price thereafter). The slides are good but the area isn't that big and depending on how many ships are in port that day it can be impossible to find a chair in the water park and the lines can get very long.
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ChessE4 reacted to a post in a topic: Royal Caribbean Announces Proposed Offering Of $3.3 Billion Senior Secured Notes
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Greg787 reacted to a post in a topic: Royal Caribbean Announces Proposed Offering Of $3.3 Billion Senior Secured Notes
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It's not quite as ominous as it may seem. In a zero revenue environment they need to conserve cash as much as possible. What this is effectively doing is extending the due date on what was a one year loan at the cost of additional interest. True that from a personal finance perspective refinancing a debt to extend the due date is generally not advised. However, think of all the costs RCCL will incur when they restart operations again. (Positioning and hiring crew, positioning ships, maintenance, fuel, restocking, marketing, etc) They need to have cash available to do it and you don't want to be caught in a catch-22 where you need to start up operations to get revenue but you have no cash to do it.
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thatguy reacted to a post in a topic: Royal Caribbean Makes More Finance Moves; Q1 Filing to Come
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The following is a bit of an over simplification for the accountants out there but here is the "explain like I'm 5" explanation ? RCCL amended the agreements it has made with banks on 3 loans A $1.55 billion revolving credit facility A $1.925 billion unsecured revolving credit facility A $1.0 billion unsecured 3 year loan A revolving credit facility you can think of as similar to a home equity line of credit. The second loan is the same but "Unsecured" means the loan has no collateral. It is typical for businesses to have lines of credit like this for additional liquidity in times of a cash crunch or to finance larger projects or initiatives. "Quarterly tested fixed charged coverage" means that every quarter the banks evaluate RCCL's ability to pay its debts in order to determine if it wants to continue to provide the line of credit to the company based upon an agreed set of metrics. What they have done is agreed to change what these metrics are, most likely in a way that makes it easier for RCCL to meet the requirements in the short term while still protecting the banks during this time when accounts payable vs accounts receivable is way out of wack. It's possible RCCL made some kind of concession for this, such as agreeing to a higher interest rate, but the article does not say if it did. The article goes on to say this is temporary and in effect through Q1 of 2021. It will revert back to the old metrics after that time. They've also amended the loans used to finance Ovation and Harmony to take advantage of a debt holiday being offered by a German credit agency. Finally RCCL is delaying it's quarterly report as allowed by the SEC as part of the easing of rules due to COVID-19. Hope this helps. There's no big news here, it's just RCCL doing whatever it can with outstanding loan agreements to help get the company through this time of no revenue. Just like student loans and auto loan lenders are offering people forbearance and other concessions, banks are doing similar actions with large companies as well.
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I got my refunds for the previous charges today so that is 9 days.
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Same here I'm on the Dec 13 Freedom cruise and cancelled and rebooked the DBP and internet on April 21. No refund of the previous charges as of today yet.
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I waited for Royal to cancel our March 23rd cruise. I received my cruise planner refunds about two weeks after and the FCC exactly on day 30. I still have not received a refund for the taxes and port fees yet.