DGivot Posted December 25, 2022 Report Share Posted December 25, 2022 Can this be true? A million dollars a day? Do passengers spend that much? Doesn't seem right. FireFishII, Cakemeister and instaGator 2 1 Quote Link to comment Share on other sites More sharing options...
jaygee2729 Posted December 25, 2022 Report Share Posted December 25, 2022 That's what it cost to operate Wonder. What the passengers spend is probably in the range of two million with fares and onboard spending. Quote Link to comment Share on other sites More sharing options...
smokeybandit Posted December 25, 2022 Report Share Posted December 25, 2022 Say RC ships average 5000 passengers. That's only $200 per day to get to $1 million revenue to offset it. Obviously onboard expenses are only a portion of the total expenses. CharmMicah68 1 Quote Link to comment Share on other sites More sharing options...
Ryan79 Posted December 26, 2022 Report Share Posted December 26, 2022 The math makes it work very easily! CharmMicah68 1 Quote Link to comment Share on other sites More sharing options...
TXcruzer Posted December 26, 2022 Report Share Posted December 26, 2022 18 hours ago, DGivot said: Can this be true? A million dollars a day? Do passengers spend that much? Doesn't seem right. It is very accurate. Now imagine having a large percentage of those expenses for 18 months and not being permitted to produce revenue…….. Allen2 1 Quote Link to comment Share on other sites More sharing options...
ChessE4 Posted December 26, 2022 Report Share Posted December 26, 2022 Royal gets maybe 150 per person from us for room and a cut from excursions. With taxes and occasional purchase 175 per person per day. Quote Link to comment Share on other sites More sharing options...
Cakemeister Posted December 26, 2022 Report Share Posted December 26, 2022 20 hours ago, DGivot said: Can this be true? A million dollars a day? Do passengers spend that much? Doesn't seem right. Amazing video, thanks for posting. Quote Link to comment Share on other sites More sharing options...
GatorCruiser Posted December 26, 2022 Report Share Posted December 26, 2022 Amazing video , thanks Quote Link to comment Share on other sites More sharing options...
Censored Posted December 26, 2022 Report Share Posted December 26, 2022 23 hours ago, smokeybandit said: Say RC ships average 5000 passengers. That's only $200 per day to get to $1 million revenue to offset it. Obviously onboard expenses are only a portion of the total expenses. After subtracting overhead costs, a ship will make out with roughly $291 in net profit per passenger, per cruise. That means that at full capacity, a single ship like Royal Caribbean's Symphony of the Seas might make $9.8m in revenue ($1.7m of which is profit) during one 7-day excursion. Quote Link to comment Share on other sites More sharing options...
BMW Hoosier Posted December 27, 2022 Report Share Posted December 27, 2022 9 hours ago, ChessE4 said: Royal gets maybe 150 per person from us for room and a cut from excursions. With taxes and occasional purchase 175 per person per day. And that is roughly $1,000 per seven days and that is close to their bottom end pricing. Quote Link to comment Share on other sites More sharing options...
GatorCruiser Posted December 27, 2022 Report Share Posted December 27, 2022 Incredible how they stay solvent with such overhead. Quote Link to comment Share on other sites More sharing options...
steverk Posted December 27, 2022 Report Share Posted December 27, 2022 12 hours ago, GatorCruiser said: Incredible how they stay solvent with such overhead. True, but a lot of people spend with reckless abandon once on board. And anything spent goes to Royal. Quote Link to comment Share on other sites More sharing options...
HeWhoWaits Posted December 27, 2022 Report Share Posted December 27, 2022 On 12/26/2022 at 9:41 AM, ChessE4 said: Royal gets maybe 150 per person from us for room and a cut from excursions. With taxes and occasional purchase 175 per person per day. With you being below average total spenders, it's very easy to get to an average of $200-$250 per day (for 5000 or 4000 passengers). Quote Link to comment Share on other sites More sharing options...
miloomar Posted December 27, 2022 Report Share Posted December 27, 2022 On 12/26/2022 at 9:04 AM, TXcruzer said: It is very accurate. Now imagine having a large percentage of those expenses for 18 months and not being permitted to produce revenue…….. "A large percentage" ??? Those ships probably cost less than 5% without the passengers/entertainment/food costs Quote Link to comment Share on other sites More sharing options...
GatorCruiser Posted December 27, 2022 Report Share Posted December 27, 2022 watching that video makes me respect the company/crew/staff that much more. These people work their tails off to provide the best product possible. Cruising is the best! Neesa and Robert M 2 Quote Link to comment Share on other sites More sharing options...
Neesa Posted December 27, 2022 Report Share Posted December 27, 2022 I really enjoyed this, thank you so much for sharing! I sometimes wonder where the back of the house shared gratuity goes, no more. Just wow! Quote Link to comment Share on other sites More sharing options...
JimnKathy Posted December 27, 2022 Report Share Posted December 27, 2022 It's amazing how much higher the per day revenue generated from suite guests vs. the inside and balcony guests. There's a reason why they are treated with a more enhanced experience. Quote Link to comment Share on other sites More sharing options...
britinbrooklyn Posted December 27, 2022 Report Share Posted December 27, 2022 5 hours ago, HeWhoWaits said: With you being below average total spenders, it's very easy to get to an average of $200-$250 per day (for 5000 or 4000 passengers). For many, the spend is over $1,500 a day, and once I factor in what a Four Seasons and flights would cost as an alternative, it still represents great value. I suspect it is the suites that make this model viable (just like biz and 1st class for airlines). Quote Link to comment Share on other sites More sharing options...
ChessE4 Posted December 27, 2022 Report Share Posted December 27, 2022 19 hours ago, BMW Hoosier said: And that is roughly $1,000 per seven days and that is close to their bottom end pricing. Yes, we spent more when our son was younger. With all of the families traveling, the per-room average is probably above what a couple like us would spend. Also, we have upgraded rooms over the years, again increasing Royal's revenue. Quote Link to comment Share on other sites More sharing options...
TXcruzer Posted December 27, 2022 Report Share Posted December 27, 2022 3 hours ago, miloomar said: "A large percentage" ??? Those ships probably cost less than 5% without the passengers/entertainment/food costs You are very much mistaken. The note to the bank was still being paid, fuel costs never stopped, crew on the ships were paid, they were fed, they received medical care...................It wouldn't take much to look up the cash "burn rate" per month during the lockdown Never-mind, I found it, burn rate throughout the lockdown was $250 -$290 million per month. Neesa 1 Quote Link to comment Share on other sites More sharing options...
Ampurp85 Posted December 28, 2022 Report Share Posted December 28, 2022 I can see why there is always talk about the value of a cruise versus land vacation. Other than what I spend at the casino, I am huge pre-boarding spender. However, when my family cruises they definitely make money off of them. Quote Link to comment Share on other sites More sharing options...
tonyfsu21 Posted December 28, 2022 Report Share Posted December 28, 2022 12 hours ago, steverk said: True, but a lot of people spend with reckless abandon once on board. And anything spent goes to Royal. Don’t forget about the casino (speaking of reckless abandon). I have donated enough cash to that stupid wheel of fortune machine to pay a weeks wages to the captain. WAAAYTOOO, JC Pats and steverk 2 1 Quote Link to comment Share on other sites More sharing options...
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