Next month, the cruise line will welcome unvaccinated guests, however, those 12 and older will need to show proof of a medically-supervised negative COVID-19 PCR or rapid antigen test taken within 72 hours of embarkation. For more cruise news, reviews and tips, sign up for TPG's new cruise newsletter. We would ride this to $6-7 before waving the white flag. This is compared to the pre-COVID 2019. Energy pricing is also a risk. However, don't consider booking a trip unless you're a UK resident that's been vaccinated against COVID-19. Royal Caribbean, Celebrity Drop Cruise Vaccination Requirements for Select Homeports. This applies to itineraries to all destinations except where government regulations may vary like Australia and Japan voyages that have their own vaccination and testing requirements. Choose a worldwide destination and start dreaming about limitless ocean horizons. All ship Traveler Ratings are based on ratings provided under license by Cruiseline.com. Many cruise enthusiasts appear to be on the same page as Waggoner. The company has experience with government, academia, and private industry, including investment banking, boutique trading firms, and hedge funds. Norwegian Cruise Line Holdings Ltd. (NCLH) is officially the first company to welcome unvaccinated travelers onboard its cruise brands Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises without any capacity limits, and the industry response is one largely of praise. However, the cruises will only be available to UK residents who have been fully vaccinated against COVID-19 at least seven days before the trip. Morgan Hines, a USA TODAY Travel Reporter, detailed her time aboard a cruise ship with positive COVID-19 cases on board. Choose a worldwide destination and start dreaming about limitless ocean horizons. Cruise Line COVID-19 Vaccination Policies The health and safety of our guests, crew members and partners continues to remain our top priority," the CEO and founder of American Queen Steamboat Company, John Waggoner, said in a statement accompanying the announcement. "fully vaccinated" cruise aboard the Odyssey of the Seas, announced a summertime Ultimate Escape cruise collection that will sail. "We believe that through a combination of 100% mandatory vaccinations for guests and crew and science-backed public health measures we can create a safe, 'bubble-like' environment for guests and crew.". One Cruise Planners franchise owner in San Diego, Calif. has yet to record an immediate boost in bookings. Now, to quell some concern, earlier this month Norwegian, "increased its export-credit agency backed commitments by approximately 1.7 billion euros to finance improvements, changes and modifications to certain newbuilds, owners' supplies associated with preparing these ships to enter service and related financing premiums.". As planned, this is slightly lower than the second quarter of 2019, it is an artifact of a company-wide strategic shift to longer, more immersive itineraries. Regent Cruise FAQ's - Pre-Cruise Planning name is catching our attention for a trade. The company lost $0.30 per share which beat by $0.13. WebView all of our Luxury Cruise sailings and offers. Bucharest is a popular port of call for Uniworld, Viking and other river cruise lines. Travel + Leisure is published by Meredith Corporation under license from Travel + Leisure Co. Overall, while the debt is a massive burden and there are inflation concerns along with stiff competition, internal metrics are improving for Norwegian Cruise Line Holdings Ltd. Stop wasting time and join the community of 100's of traders at BAD BEAT Investing. For cruises of 14 nights or fewer, final payment is due 120 days prior to departure. Looking for a helping hand in the market? 301 Route 17 N, Suite 1150, Rutherford, NJ 07070 USA | Telephone:(201) 902-2000. We also embrace a buy-write strategy here targeting OTM calls 6 months out for additional premium if willing to hold. 2023 Regent Seven Seas Cruises, Inc. Starting Sept. 3, 2022, unvaccinated passengers ages 12 and older (or guests who cannot or decline to present proof of vaccination), need to provide a medically administrated negative PCR or antigen COVID-19 test taken within 72 hours of boarding. Royal Caribbean expects to require its crew members to receive the vaccine before sailings return, a spokesperson told Insider. Consider that Celebrity Cruises, Regent Seven Seas and Norwegian Cruise Line all have fall itineraries slated for a stop in Limassol, the largest port on the island of Cyprus and a popular stop for Mediterranean cruises. Medical centers are equipped with testing and treatment capabilities. We encourage guests to use VeriFLY , a secure, free digital health application that allows them the ability to easily upload required pre-embarkation information, like their proof of vaccination and/or negative COVID-19 test results. Vaccine "Our long-awaited revisions to our testing and vaccination requirements bring us closer in line with the rest of society, which has learned to adapt and live with COVID-19, and makes it simpler and easier for our loyal guests to cruise on our three best-in-class brands," Frank Del Rio, the president and chief executive officer of Norwegian Cruise Line Holdings Ltd., said in a statement. WebComplete all required vaccination/testing requirements, as outlined in the Health Protocols Look Up Tool in step 1. When she's not in New York City, she likes to spend her time at the beach or exploring new destinations and hopes to visit every country in the world. Norwegian Cruise Line Holdings Ltd. (NCLH). But what seemed like the best approach back last April is not necessarily the best approach now. Until then, the lines will implement a wide range of previously announced anti-COVID-19 health measures that include pre-cruise testing of all passengers and crew for the illness and a mask mandate in all public areas where social distancing is not possible. Exclusively on Princess, a MedallionClass vacation lets you decide who you interact with and how. Stiff competition is a risk. That same day, Silversea also unveiled its plans to resume sailing on June 18 with 10-day Mediterranean cruises from Greece aboard the Silver Moon ship. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Contact this reporter at bchang@insider.com. Cruises These are all the cruise lines that have COVID-19 vaccine requirements for guests or crew. By clicking Sign Up, you also agree to marketing emails from both Insider and Morning Brew; and you accept Insiders. If traveling by air before or after cruise In a recent research report, Truist analyst C. Patrick Scholes suggested a vaccination requirement could become the norm at upscale and luxury lines such as Oceania, Regent and Silversea, based on what hes hearing from people in the industry. Quad 7 Capital was founded in 2017 by a team that consists of a long time investor, health researcher, financial author, professor, professional cardplayer, and hedge fund analysts. Several cruise lines including Norwegian Cruise Line, Oceania Cruises and Celebrity Cruises have summer sailings scheduled with a stop in Tallinn, whose spectacular old town is just steps from the port. Older, well-traveled couples frequent Regent Seven Seas Cruises, especially on longer voyages. Hand washing sinks and sanitizer dispensers are available throughout every ship. On longer cruises, the remaining balance is due 150 days before you sail. "We believe there will be no safer way to travel the world than on a Viking voyage," Torstein Hagen, Viking's chairman, said in the press release.". And while COVID hit many industries with substantial headwinds and challenges, few, if any, were impacted harder than cruise lines, and they had to take on a ton more debt to stay alive. Requirements By Voyage. Coming into the start of Q2, Norwegian's advance ticket sales balance, including the long-term portion, was a record $3.4 billion, Folks this was over 25% more than the prior quarter and nearly 60% higher than Q1 2019. During these complimentary excursions, you will leave the ship to experience group events, entertainment, dining and discovery in a given destination. The cruise company originally announced in April that it would require 100% of passengers and crew members to be fully vaccinated at least two weeks before boarding. You can find out more and change our default settings with Cookies Settings. Guests younger than 18 years old must share a suite with a guest who is 18 or older. For departures through 2022, proof of vaccination or certificate of recent recovery is no longer required, though testing protocols will still be in place. The new rule for Norwegian Cruise Line, Regent Seven Seas Cruises, and Oceania Cruises will go into effect on Sept. 3. Norwegian Cruise Line and its Regent Seven Seas Cruises have announced COVID-19 vaccine requirements for crew members prior to boarding. "That one-two punchis ironclad," Frank Del Rio, the company's president and CEO,told USA TODAY at the time, pointing to the new vaccination requirement and health andsafety protocolsthe company has implemented. COVID-19 related turmoils as the virus began trickling around the world, its "Framework for Conditional Sailing Order,". These excursions range in activity level and duration and include See details about the on onboard experience , See details about the on shore experience , Centers for Disease Control and Prevention (CDC), Note: To see Regent's updated deposit, cancellation and rebooking policies due to COVID-19, visit its. Opinions expressed here are the authors alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Now, Norwegian is hoping the CDC will allow it to bypass the Conditional Sailing Order, therefore bringing the cruise line's sailings from US ports back by July 4. Total debt is $13.1 billion and total liquidity is approximately $1.9 billion. In this brief column, we outline a trade, and discuss performance and expectations for the company. Cunard will resume sailing with cruises around the UK aboard the Queen Elizabeth ship from July to October. The cruise company originally announced in April that it would require 100% of passengers and crew members to be fully vaccinated at least two weeks before boarding. Regent Seven Seas Cruises Review | U.S. News Travel About two weeks later, it unveiled seven-day cruises beginning July from Barbados to the Caribbean, including destinations like Grenada and St. Maarten. This comes as the company ramps up occupancy. WebThe process is reversed for the return trip. Bookings are strong and the company is working toward margin improvement. The protocol changes reflect a larger trend in which several cruise lines have relaxed testing rules in recent weeks. As anyone who has been on a cruise knows, there is food aplenty on these trips. Access an expert team of 4 analysts, available all day during market hours. according to theCenters for Disease Control and Prevention, temporarily blockingFlorida's lawthat bans cruise companies from asking for proof of a COVID-19 vaccine, filed a lawsuit against the state last month, Princess Cruises ships had early COVID-19 outbreaks. Whilst 2022 was also a good year, it was still reeling some from restrictions globally and fears of COVID. Starting March 11, 2023, proof of vaccination for sailings to or from Europe will no longer The agency currently recommends all travelers are "up to date" with their COVID-19 vaccines before boarding a cruise. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Vaccine You may find an answer in our FAQs. Revenue in the quarter was $1.82 billion and surged 248.7% year-over-year and beat estimates by $80 million. Labor inflation is expensive. The company just reported Q1 earnings, and it beat on the top and bottom lines against consensus estimates. "We're really encouraged by the latest rollout plans in the May time frame from the new administration, and we know the future is about vaccinations. We use cookies and other technologies to enhance and personalize your website experience, and as described in our. Like other cruise lines, Seabourn is requiring all guests and crew interested in this upcoming summer cruise series to be fully vaccinated at least 14 days before cruising. Many cruise enthusiasts appear to be on the same page as Waggoner. Additionally, after Sept. 3, fully vaccinated passengers and travelers 11 and younger will also no longer be required to get tested before boarding a cruise. These sanctions limit the ability of cruise lines to conduct business with these countries and their citizens, which includes allowing certain citizens of those countries to sail onboard our ships. Companies including Royal Caribbean and Norwegian have announced vaccine requirements. Its hard to say how this will affect me, advisor Adam Martindale said. In North America, Indiana-based river cruise line American Queen Steamboat Company and its sister line, Victory Cruise Lines, announced a similar directive that will take effect July 1. They also have a $650 million undrawn commitment. Tauck eventually offered you vouchers, which you used for your fall foliage cruise. To date, only three small-ship cruise lines have announced that they will require passengers to be vaccinated for Covid-19 before setting sail. It is simply a very cash-demanding business. Regent Seven Seas Cruises receives high marks from experts and travelers alike for its all-inclusive approach and commitment to luxury service. ALLEN: A survey of cruise customers by the website Cruise Critic found 80% of passengers prefer to sail on a ship with a vaccine requirement. Editorial disclaimer: Opinions expressed here are the authors alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Children younger than six months are not permitted on Regent cruises, and infants must be at least 1 year old to sail on a voyage with three or more consecutive days at sea. Hornblower Group's American Queen Steamboat Company and Victory Cruise Lines have both announced requirements for guests and crew members to receive the COVID-19 vaccine for sailings starting July 1. On March 23, Royal Caribbean announced another set of seven-night summer cruises, this time from Bermuda aboard the Vision of the Seas ship. I am not receiving compensation for it (other than from Seeking Alpha). Ports of call may push large cruise lines into vaccine mandates for passengers. Every Cruise Line's Requirements for COVID Vaccines, Testing Under the guidance of globally recognized public health experts and to prioritize the health and safety of our guests, crew and the communities we visit, we have decided to extend guest vaccination requirements for all sailings through December 31, 2021," Norwegian Cruise Line said in a statement provided by Christine Da Silva, vice president of communication and events for Norwegian Cruise Line. As anyone who has been on a cruise knows, there is food aplenty on these trips. On March 19, Royal Caribbean's Celebrity Cruises announced seven-night Caribbean sailings departing from June 5 to August aboard the Celebrity Millennium ship. While the debt remains a prevalent risk, we think NCLH stock sets up here, especially when we consider the most recent Q1 earnings. However, the cruise lines is are still looking to resume sailing in April, prior to this vaccination deadline. The #1 service for high performing trades run by active hedge fund analysts. The same day Seabourn announced its new fully vaccinated sailings, Viking also unveiled three new eight-day summer cruises, all with a vaccine mandate. Select sailings feature enrichment series led by experts in a variety of fields, from cultural anthropology to culinary practices. Victory also offers cruises to Mexico and Canada. Alison Fox is a contributing writer for Travel + Leisure. Regent Seven Seas Cruises will also amend its testing and vaccination requirements beginning September 3. Look up requirements for your voyage with our CruiseHealth tool. That weighs on margins. vaccine We are betting on Norwegian Cruise Line Holdings Ltd. (NYSE:NYSE:NCLH), as we think the company is performing well and investors are willing to look to the future. "Royal Caribbean's decision to come to Israel is a significant expression ofconfidence in our policy," Prime Minister Benjamin Netanyahu said in the press release announcing the cruise. In Iceland, both Reykavik and Akureyri are ports of call on scheduled 2021 summer itineraries with Celebrity Cruises, Oceania Cruises and Norwegian Cruise Line. And on a Zoom call in December with a major cruise seller, Frank Del Rio, CEO of Norwegian Cruise Line, the parent toNorwegian Cruise Line, Regent Seven Seas Cruises and Oceania Cruises, said that the line would have a crew vaccine mandate. For voyage specific health and safety requirements, please click on a cruise below. When we consider shares are at $13, the shares trade at 17X. And other cruise brands, such as Carnival Cruise Line, currently make way for select exemptions, but they have yet to permit them across the board. The cruise line requires all guests have passports that are valid for six months after the cruise ends, regardless of ports of call. There's also plenty to do without leaving the ship, including nightly onboard entertainment, the Serene Spa &Wellness centerand a putting green. Two more cruise lines announce vaccine requirement, This post contains references to products from one or more of our advertisers. *European Medicine Agency (EMA): double doses - BioNTech/Pfizer, AstraZeneca, Covishield, Covaxin, Covovax, Moderna, Nuvaxovid (Novavax). While some companies such as Carnival and its Holland America line are "reviewing" the different vaccines, several others have already announced vaccination protocols for guests and crew members. Betting On Norwegian Cruise Line (NYSE:NCLH) | Seeking Alpha Richard Branson's adults-only cruise line, Virgin Voyages, has announced it will be making the COVID-19 vaccine mandatory for both guests and crew in order to "provide the safest travel experience," Tom McAlpin, Virgin Voyages' CEO, said in an email statement sent to Insider. The cruise line is now 'ready and well-equipped,' top exec says, COVID-19: Reporter details time on cruise ship with positive cases. Passengers under 18 years old will instead have to test negative for the virus. We also teach investors how to hedge their portfolios. The extension comes as the COVID-19 delta variant continues to surge. If you book fewer than 90 days before the ship is scheduled to depart, you'll have to pay in full within 24 hours of booking. Travelers ages 11 and under will not be subject to any vaccination requirements or testing protocols. Now, it seems like Norwegian has made up its mind regarding guest vaccination mandates. Additionally, both Jimmy Buffett's Margaritaville at Sea cruise line and Virgin Voyages eliminated pre-boarding testing for all their vaccinated guests. "Vaccination requirement for both our guests and crew is the most prudent next step to ensure that we are providing the safest cruising experience possible., Related: 14 things you should do before every cruise, Waggoner said the new requirement, on top of the other previously announced measures, would "give our loyal guests another added level of assurance to join us as we return to sailing.. While American Queen and Victory hope to restart voyages in the coming months, both of the lines said the new vaccine mandate wouldn't go into effect until July 1. However, since cruise operations have resumed, a large portion of social media comments and discussions among cruise travelers have centered around vaccinations, and COVID-19 restrictions more broadly. On March 1, the cruise line also announced its first "fully vaccinated" cruise aboard the Odyssey of the Seas, which will be sailing in May from Israel. Please be advised that the United States Department of the Treasury through the Office of Foreign Assets Control (OFAC) has issued a series of comprehensive sanctions against various countries, and specifically, CRIMEA, NORTH KOREA (DEMOCRATIC PEOPLES REPUBLIC OF KOREA), CUBA, SUDAN, SYRIA, IRAN, RUSSIA and BELARUS. I am not receiving compensation for it (other than from Seeking Alpha). For cruises departing further out, check back closer to your sail date. American Queen Voyages. This is the news weve been waiting for, said Michelle Fee, CEO and co-founder of Cruise Planners. The cruise line is now 'ready and well-equipped,' top exec says, Your California Privacy Rights/Privacy Policy. You may opt-out by. On March 17, P&O Cruises owned by Carnival Corp announced a summertime Ultimate Escape cruise collection that will sail along the UK coast. On March 30, US-based Windstar Cruises announced a COVID-19 vaccine requirement for its guests and crew. All Rights Reserved. We may receive compensation when you click on links to those products. Call 800-211-2039 or book online at United Cruises Your MedallionClass vacation is made effortless with these easy OceanReady steps. HEPA filters are used in key areas. "We know that peace of mind is the greatest luxury, and the vaccine requirement is simply the best way to ensure the safest possible Crystal Experience for all on board," Jack Anderson, the cruise line's interim president and CEO, said in a press release. Total revenue per Passenger Cruise Day, a key metric for Norwegian and competitors, was up approximately 17.5% as-reported and approximately 18.3% (adjusted of currency) in Q1. "Health and safety is our top priority and we will continue to modify our robust SailSAFE program as the public health environment evolves.". Follow her adventures on Instagram. While this is a touch lower than pre-COVID's Q2 2019. Bookings are strong and the company is working toward margin improvement. New Details Released, 19 of the Best New Cruise Ships Launching in 2023, Review: InterContinental Danang Sun Peninsula Resort in Vietnam, 3 Tips for Planning the Best Family Vacation in the Caribbean. Guests under 18-years-old will instead have to test negative for the virus. This month, Carnival Cruise Line, MSC Cruises, and Royal Caribbean all relaxed testing rules for vaccinated passengers on shorter journeys. WebRegent may require travelers to show proof of COVID-19 vaccination or present a negative COVID-19 test before boarding. Norwegian Cruise Line initially mandated all passengers be vaccinated and then allowed unvaccinated children under 5 years old to sail. Beginning in May, Iceland will let fully vaccinated travelers from European Union countries (plus Norway, Liechtenstein and Switzerland) skip the otherwise-required quarantine and sidestep the negative PCR test requirement. Legal - Travel Restrictions | Regent Seven Seas Cruises Ships' Registry: Bahamas and Marshall Islands. We know from our advisors that their unvaccinated clients have been waiting for this announcement, and I have no doubt that we will see a spike in cruise bookings, Fee said. The majority of American Queen and Victory passengers are over the age of 65, which means they're already now eligible to receive the COVID-19 vaccine or soon will be. This robust and comprehensive health and safety strategy includes new and enhanced protocols to create multiple layers of protection against COVID-19. You may update your preference at any time. This a top performing investing group service relative to market returns. All five of Regent's ships (plus one more debuting in 2023) Seven Seas Navigator,Seven Seas Mariner,Seven Seas Explorer, Seven Seas Voyagerand Seven Seas Splendor offer all-suite accommodations. In a recent, , a hefty majority believed vaccines will be important to the restart of cruising. For more information about entry requirements for various countries, visit the, Passengers can book shore excursions up to 300 days before the start of their cruise (or up to 365 days in advance for guests staying in Concierge Suites or higher) by visiting. I wrote this article myself, and it expresses my own opinions. Further, as we look ahead, full year 2023 adjusted EPS guidance improved to $0.75. COVID-19 Protocols, Listed by Cruise Line | TravelAge West All Rights Reserved. Please, log in or create a new account to add this voyage to your. "However, we eagerly await an expansion of the age criteria for vaccinations by the U.S. Food and Drug Administration so we can once again welcome these guests back on board," the cruise line continued. Offers may be subject to change without notice. Norwegian still strongly recommends that all guests be up to date on their vaccination status and test at their convenience before travel. Last month, the Centers for Disease Control and Prevention officially ended its pandemic-era program for cruise ships (months after the agency allowed its Conditional Sail Order to expire), choosing to no longer display the number of COVID-19 cases online. This site does not include all credit card companies or all available credit card offers. This information is also available to booked guests within Cruise Personalizer. By submitting this form, you are confirming that you would like to receive emails from Regent Seven Seas Cruises and speak with a Personal Vacation consultant. AmaWaterways. Cruise Members of BAD BEAT Investing get exclusive ideas and guidance to navigate any climate. Vaccination Requirements Regent Seven Seas Cruises | Travel Requirements & Safety Protocols Start with these stories: The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. We like buying on declines as noted in the trade above to scale in. What we might see is that the ports that the cruise ships visit might ultimately dictate whether or not passengers need to be vaccinated, said McDaniel. Cruise Lines With Covid Vaccine Requirements for Guests and Crew Despite this updated framework and pent-up demand forhighly anticipated cruise ships and trips the official return of cruising still remains in limbo. This voyage has been added to your Saved Cruises List on My Account. Enjoy TrulyTouchless experiences and personalized service that makes everything easier, including physical distancing. "As we move forward, we expect this requirement and other measures will inevitably evolve over time.". If you are traveling from a U.S. port, you must board at least two hours prior to sailing time; if you are leaving from a port outside the U.S., you must board at least 90 minutes prior to departure. But it was much better than 2021 and 2020. Copyright 2022 Travel + Leisure Co. All Rights Reserved. Stay up to date with what you want to know. Make arrangements to have your luggage conveniently transported from your home to the ship, and back home from any Only available for upcoming cruises. Our long-awaited revisions to our testing and vaccination requirements bring us closer in line with the rest of society, which has learned to adapt and live with COVID-19, and makes it simpler and easier for our loyal guests to cruise on our three best-in-class brands, said Frank Del Rio, president and CEO of NCLH.