Jump to content
WHStoneman

RCCL Stockholder Benefits

Recommended Posts

Thanks for the info (buried deep in the RCCL website)....now I see the Stockholder benefits with purchase of 100 shares of RCCL...small perk...but every little bit helps.   

What is the benefit?  $250 Onboard Credit per Stateroom on Sailings of 14 or more nights.  $200 Onboard Credit per Stateroom on Sailings of 10 to 13 nights.  $100 Onboard Credit per Stateroom on Sailings of 6 to 9 nights.  $50 Onboard Credit per Stateroom on Sailings of 5 nights or less.

Share this post


Link to post
Share on other sites

It's my understanding the benifits can't be used with the normal sales and promos, and in most cases the normal promos are better.

Personally I wouldn't buy shares for deals, I'd by them to invest in the company.

Plus one could argue, if you own shares you wouldn't want profit going to deals for shareholders. If it were profitable (via discounts) to get shares, then it can't be that much of a help to Royal.

Share this post


Link to post
Share on other sites

Great point

I invested in CCL and have received a 38.4% increase in value plus numerous OBC's.   I treat Stock perks as an nontaxable dividend.  Otherwise, I would have to pay taxes on the $100 dividend on a 1099.  I am going to watch RCCL for the next three months and then decide if I want to invest in the minimum 100 shares requirement.    Now we just need a Shareholders Cocktail Party event on board to seal the deal....vbg!   

Share this post


Link to post
Share on other sites

I invested in CCL and have received a 38.4% increase in value plus numerous OBC's.   I treat Stock perks as an nontaxable dividend.  Otherwise, I would have to pay taxes on the $100 dividend on a 1099.  I am going to watch RCCL for the next three months and then decide if I want to invest in the minimum 100 shares requirement.    Now we just need a Shareholders Cocktail Party event on board to seal the deal....vbg!   

I tried to convince my wife to buy cruise stock especially when we were sailing with Carnival Corp as we would have netted hundreds of dollars in OBC and the dividend paid on the stock, not to mention the increase in value since my desire to buy. Oh, well!

Share this post


Link to post
Share on other sites

I tried to convince my wife to buy cruise stock especially when we were sailing with Carnival Corp as we would have netted hundreds of dollars in OBC and the dividend paid on the stock, not to mention the increase in value since my desire to buy. Oh, well!

 

Back in the last decade I bought RCCL @ $44.88.  I sold it in 2008 I believe at $8.64.  It was not a good investment for me. :(  At this point I wish I would have kept it, but better opportunities came along.

Share this post


Link to post
Share on other sites

I bought RCCL stock back when it was $14.52!. Needless to say I'm happy with my investment, but other than that, I was never really able to take advantage of any discount.

 

You don't get a discount....you get an OBC for $100 on a six day cruise.  RCCL does not volunteer this..you must send in the necessary paperwork.  

Share this post


Link to post
Share on other sites

Can someone clarify for me- it says the benefit is not available on reduced-rate cruise fares. Is BOGO 50% off considered reduced rate? If that's the case what if I buy the shares (on our reservation I am guest #1 who paid full fare even thought the rest of my family are BOGO 50% off). Would I be able to get the shareholder OBC?

Share this post


Link to post
Share on other sites

I think that BOGO fares don't disqualify you from getting the shareholder benefit. (Reduced rates would be below the normal pricing available to everyone such as discounts to travel agents and such.)

 

I will note that it doesn't matter who paid what amount — they'll look at the total price paid and any offers that anyone on that booking is receiving from Royal Caribbean. 

 

The key things that usually come up that will disqualify you are additional discounts (Crown & Anchor discounts being the prime suspect) or any onboard credit offers you're receiving from Royal Caribbean.

 

The best thing is simply to apply for the benefit by sending in the appropriate email request and see what they say.

Share this post


Link to post
Share on other sites

It is unfair that stockholders are in effect subsidising the incentives to other passengers. For example on my cruise this May, as an incentive the RCCL agent gave everyone booking with them an OBC of $300.

I thought they were cutting their commission. Silly me!

It now turns out that $240 would have been my OBC anyway.

Share this post


Link to post
Share on other sites

I've own RCCL stock in one form or another for a long time now. It has been very profitable for me. But many would disagree with how I buy and sell. Royal overall is a solid company but the stock is driven by the public image of the company is doing. So major failures by Royal or the market in general is great buying points. If you buy Royal on one of these down turns and can hold for a longer period of time you will be very happy with the return. I purchase the stock at under $9.00 per share in September of 2001, as a overall market play along with Carnival, Disney, and the US Airlines. Within a few months the market returned to the correct level. 

 

I have and do put in for the cruise credit, but I have made  many more cruise dollars have been paid from my market profits than from the extra discount.

Share this post


Link to post
Share on other sites
14 hours ago, Vagolferbob said:

Has anyone had any recent success in getting obc. I just got rejected with fares that said they were combinable. Sent back with quote from small print.

The Shareholder benefit is not combinable with most promotions. Not surprised to hear of your experience.

Share this post


Link to post
Share on other sites

In days of old when there were not a constant stream of sales and promos, the stockholder benefit provided more than it does today.

The cruising industry has changed significantly over the years.  It's a lot more competitive and margins are thinner.  Just like C&A loyalty discounts that don't always work or can't be applied to every sale, stockholder discounts can't either.  The margins aren't there anymore to cover them.  They can't sell cabins at a loss even for shareholders. 

On the bright side, as an investor, they aren't selling their cabins at a loss.  

Share this post


Link to post
Share on other sites

Here's a copy of an email I just sent to the Shareholder Benefit Team at RCCL:

Thank you for responding to my request for a shareholder benefit and denial of same.
 
I must tell you I am very disappointed in the payout of this program.  I have been a shareholder for a long time for the express purpose of getting this benefit and I have only received it a few times for all of my sailings.  We all try to get a deal when sailing and those with deals probably constitute most who sail with you so the benefit is rarely given.  I think your advertising about this is VERY misleading and I wish you would pass this message along to RCL management and those responsible for this program.  Owning stock is a totally separate entity from booking a deal while sailing.  The two programs should operate on their own. Those of us who are shareholders would look more favorably upon RCL if that were the case.  Right now I view it as a "come on" and you have to read the fine print to see what is really going to happen.  Just look at the website you sent me and you will see I am right!  Very misleading!!  Better to have no program than one that makes  your customers angry.  Please pass this email to Mr. Fain.
 
Regards,
 

Share this post


Link to post
Share on other sites
On 1/14/2019 at 7:05 PM, Vagolferbob said:

Has anyone had any recent success in getting obc. I just got rejected with fares that said they were combinable. Sent back with quote from small print.

I am sailing in a couple of days and I got the shareholder benefit. This is the second time I have taken advantage of it. The only real  issue I have seen is it is not combinable with other OBC. If you do have a lower amount of OBC than what the shareholder benefit is, they should adjust it to the higher amount. 

Share this post


Link to post
Share on other sites

Glad someone received some benefits. I sent email to Michael Bayley and Carlos Moya this morning giving them an update on how their program is working and referenced this thread and those on cruise critic.

Share this post


Link to post
Share on other sites

The RCCL Shareholder Benefit is a JOKE!!!     If you obtain any type of discount on your cruise, the Shareholder's Benefit Department will subtract that from your benefit!  In other words, they renege on their written word.  Check it out, it's on their website!  CUNARD and NCL will their shareholder's any benefit they qualify for, no matter what price or deal you get from your travel agent or online.  That's how you're supposed to treat your loyal shareholders.  I stopped sailing RCCL because of this.  Until they change their "secret rules", I'm done with them!

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

×
×
  • Create New...