|
Below is an excerpt from a complimentary research note by our Gaming, Lodging & Leisure analyst Todd Jordan. We are pleased to announce our new Sector Pro Product Gaming, Lodging & Leisure Pro. Click HERE to learn more. |
Cruise Critic was out with some survey results yesterday that covered some hot button issues that the cruise lines are facing these days – Covid testing, mandatory vaccinations, mask mandates, and overall confidence in the protocols implemented.
Per the survey summary:
|
The article attempts to spin the results as a positive since 60% of the respondents seemed comfortable with virtually all the protocols and adjustments, but we see it a little differently.
Not to be negative but they survey also indicated that close to 40% of respondents take issue with some component of the newer protocols and changes, and close to 40% of the respondents are contemplating cancelling their cruise?
Not exactly bullish from our seat, and yes, we understand that 2H’21 is a throwaway but forward bookings and ability to hold prices for 1H’21 could be impacted on the margin.
It’s also important to note that the survey results are based off Cruise Critic readers, which mostly would incorporate repeat / experienced cruisers, so this consternation doesn’t even reflect how the marginal / new-to-cruise customer is thinking about the current situation.
