Cruise News Today — January 20, 2022

Editorial Summary

Doug Parker reports on several significant developments within the cruise industry for January 20, 2022. The report begins with the financial crisis facing Genting Hong Kong, which has filed for bankruptcy. The company expects to exhaust its funds by the end of January, impacting brands such as Crystal Cruises, Star Cruises, and Dream Cruises. While Genting suggests some divisions may remain operational, Crystal Cruises has announced a suspension of services until April to examine various options. Additionally, Norwegian Cruise Line has modified its free specialty dining and internet promotions. These changes include restricting free dining to higher stateroom categories and reducing the amount of complimentary internet minutes provided to guests. In dining news, Royal Caribbean announced the debut of The Mason Jar, a Southern cuisine restaurant, aboard Wonder of the Seas in March. The ship will feature various other dining venues during its inaugural season sailing from Port Everglades. Finally, the Carnival Freedom provided assistance to a distressed vessel in the Caribbean Sea. The ship's crew notified the Coast Guard and remained on standby until authorities arrived. The report concludes with a summary of declining stock prices for Carnival Corporation, Royal Caribbean, and Norwegian Cruise Line.

Written by TripBacon from this video's transcript.