Cruise operators see brighter horizon as vaccines spur bookings
27 Feb, 2021 07:30 PM
5 minutes to read
Cruise lines had to wave goodbye to hopes of sailing in 2020 after virulent strains of Covid forced their ships to anchor. Photo / Getty Images
Financial Times
By: Alice Hancock in London Royal Caribbean s disclosure this week of a $1bn loss for the fourth consecutive quarter marked the end of a gloomy year since a Covid outbreak on board the Diamond Princess cruise ship brought the industry to a standstill.
But investors finally found cause for celebration, pushing the company s share price up almost 12 per cent as it revealed a bump in bookings spurred by fresh confidence around vaccines and lockdown easing.
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