The shares of several casino and cruise companies are trading higher Tuesday. The strength is potentially related to reopening optimism amid the COVID-19 .
Share:
The shares of several hotels, restaurant and leisure companies are trading higher on Thursday, reversing from Wednesday s sell-off as traders weigh recent quarterly earnings reports and as speculative retail trading causes continued market volatility.
The sector has been volatile amid the COVID-19 vaccine rollout and investors may be taking profit-taking following the recent run-up.
Norwegian Cruise Line (NYSE: NCLH) is the world s third-largest cruise company by berths (at nearly 60,000), operating 28 ships across three brands (Norwegian, Oceania, and Regent Seven Seas), offering both freestyle and luxury cruising.
Norwegian Cruise Line shares were trading up 2.93% at $24.22. The stock has a 52-week high of $56.22 and a 52-week low of $7.03.
Share:
The shares of several hotel, travel, and cruise companies are trading lower Monday following a mid-day sell-off in stocks. The sector has been volatile amid the COVID-19 vaccine rollout and investors may be taking profit-taking following the recent run-up.
Norwegian Cruise Line (NYSE: NCLH) is the world s third-largest cruise company by berths (at nearly 60,000), operating 28 ships across three brands (Norwegian, Oceania, and Regent Seven Seas), offering both freestyle and luxury cruising.
Norwegian Cruise Line shares were trading down 4.07% at $23.59. The stock has a 52-week high of $58.12 and a 52-week low of $7.03.
Carnival Corp (NYSE: CCL) is a global cruise company, with more than 100 ships on the seas at the end of 2019. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Austral
Royal Caribbean Group Sells Azamara in $200 Million Deal
January 19, 2021
Azmara has been sold by Royal Caribbean Gropu to a private equity firm for $201 million. Photo: Pres Panayotov/Shutterstock.com.
Royal Caribbean Group on Tuesday morning announced that it has agreed to sell Azamara to Sycamore Partners, a private equity firm, for $201 million.
The deal ends Azamara’s run as part of Royal Caribbean Group, a place it has occupied since it officially launched as Azamara Club Cruises in 2009. The deal includes the entire Azamara three-ship fleet along with all of its associated intellectual property.
The news continues a four-year development of the Royal Caribbean Group portfolio. In June 2018, the Group acquired a major stake in Silversea and then a year later announced that Azamara would be rebranded with a new name (removing the Club Cruises moniker), logo, and destination focus.
Share:
On Tuesday, shares of cruise liners are trading lower, potentially amid recent concerns over a new COVID strain, which has further clouded travel outlook.
This weekend the U.K. implemented Tier 4 restrictions almost as tight as the full lockdown measures of the initial COVID-19 wave. The news, in turn, has subdued any optimism which came after vaccinations began this month, even as the numbers of cases and death increased in some countries, especially the U.S.
Norwegian Cruise Line (NYSE: NCLH) is the world s third-largest cruise company by berths (at nearly 60,000), operating 28 ships across three brands (Norwegian, Oceania, and Regent Seven Seas), offering both freestyle and luxury cruising.