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Has anyone been able to use the shareholders credit on a cruise?


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We own quite a bit of Royal Caribbean Ltd stock and have never utilized the shareholders credit while cruising on Royal Caribbean, so this next, upcoming, cruise we decided to use it. You have to jump through a number of hoops but we thought let's do it see if it works.

 

If you own 100 or more shares of stock they give you $100 of on board credit.

 

We copied our stock, filled out the forms, and submitted them expecting to have some on-board credit.

 

What we got was a letter stating that we already have used advertized available discounts, and that the stock $100 credit was not combine-able with anything else.

 

Why have the credit out there if you can't ever use it?

 

Has anyone else had this experience or been able to use the stock option $100 credit?

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Personally I think if you are going to offer benefits such as a stockholder benefit and loyalty benefits they should always be combinable with any other offers.

 

Buy our stock, we give you this perk ... which oh yeah you can never use ... that builds goodwill.

 

Cruise with us often, build up status in our loyalty program, we give you this perk .... which oh yeah you cant always use .... that builds loyalty.

 

If you are offering perks, honor them.

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A lot of promos are not combinable with the shareholder discount.  

 

I ran into a similar issue with a Weekend WOW sale, where my Emerald balcony discount was a better deal than the Weekend WOW but I could not combine the two.

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Any promo is not combinable with the shareholders on board credit.

 

This is not a promo or discount. It is a on-board credit, like the casino credit, like any credit. Except you can never use it.

 

All the other on-board credits are combinable with everything :(

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Royal Caribbean stock (NYSE: RCL) is somewhere around $90 a share (today’s high was $91.26 per share). Going back a year in history the low was ~$50 and the high is what it is now. So if you put in an order to buy in the fifties and sell when it reaches, say, one hundred. You can make money and be a shareholder (stakeholder) of Royal Caribbean Ltd., Ha

 

http://www.marketwatch.com/investing/stock/rcl

 

Average cruise is ~$1000 more or less a person. Buy $1,000 shares, and if the market keeps doing what it has done in the past, you will have ~$2,000 in a years time. Or, just hold on to it and let it ride.

 

August 2nd 2015, “Royal Caribbean chairman Richard Fain sold 151,032 shares of his cruise line's stock for $13,650,151 at an average price of $90.40 a share. President and Chief Operating Officer Adam Goldstein sold 4,184 shares at at $91.08 per share for a total value of $381,094.19. Royal Caribbean's General Counsel and Chief Compliance Officer Bradley Stein sold 2,402 shares of the company stock for for a total value of $218,748.70.  In sum, these insider traders sold $14,249,993 of company stockâ€. Web Jim Walker

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I totally agree with jticarruthers, "if your going to offer a perk, honor it".

 

And oh yes, this is not a perk, it is an on-board credit (that you indirectly purchased) they never give you.

 

They offer it, then as it turns out, you can never use it. Worthless.

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I've never been able to use this either... same as everyone else, I guess.  With the number of discounts that are being offered nowadays, I don't imagine anyone books a cruise without at least some kind of offer or deal, so I guess I'll never use this.  Besides, if the big wigs are selling their stock right now, maybe I should do likewise... :wacko:

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So, to stay on topic, I guess the answer in no.

No one has been able to use the shareholders credit on a cruise.

 

I've never tried to use it but I suspect the better answer is no one has been able to combine the shareholder credit with other discounts.  I have no doubt one could apply the discount to a cruise but in many cases, it's not the best deal out there.

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  • 8 months later...

It is a benefit that costs nothing. I always put the request in, and many times the credit is given, sometimes they claim not available. But if that happens I also notice to the  Manager of Shareholder Relations, and express displeasure. 

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I have 100 shares of the stock and have gotten the OBC many times.  I can't remember exactly how many, but it is around 6 or 7 times.  It varies on the length of the cruise.  I have been denied the credit when I had the balcony discount.  Usually the credit was received when I booked inside cabins.

I have received my CCL OBC every time I have requested.   I am considering a purchase of RCL in the coming months.   Moral of the story, you will never know if you don't ask.   Always fax in my documentation with little effort...it's not a big deal.  

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  • 2 months later...

I am delighted to say I have just been advised that my shareholder benefit I had applied for has been duly granted for my next 3 cruises on Azamara - what are these people complaining about? Thank you :P Juan XX

My guess is that Azamara doesn't have the same stipulations on their pricing that Royal has with regards to combining offers.

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