News Analysis: CruiseOne & Cruises Inc. Weigh In

After yesterday's Royal Caribbean Cruises Ltd (RCCL) earnings' report, Travel Agent asked several industry officials for trade perspective on the cruise company's "better than anticipated" financial performance.

Here is a bit of analysis from Dwain Wall, senior vice president and general manager, CruiseOne & Cruises Inc.

Wall has observed similar trends for his trade groups to those indicated by the recent positive earnings announcements [for major cruise lines]. "Bookings year-to-date in 2010 have been strong and are aligned with our original expectations," said Wall.

DAILY NEWS & DEALS NEWSLETTER

Like this story? Subscribe to Daily News & Deals!

Featuring breaking news on the latest product launches, deals, sales promotions, and executive appointments. Be sure to sign-up for this free industry daily newsletter.

He noted that "Average Selling Price (ASP) is slightly below what we expected for the first quarter, but not significantly. Overall, pricing continues to drive calls and bookings, indicating there is no shortage of demand."

In addition, Wall said that "consumers are continuing to realize the value of cruise travel, especially...and for these reasons, we are optimistic about the remainder of the year."

Suggested Articles:

Experts say the captain of a sightseeing boat that collided on the Danube River with a larger cruise ship was not responsible for the deadly crash.

The office closures, which could also include the Barbados site, come as part of a larger organizational restructuring. Learn more here.

Powering cruise ships with fuel cells could significantly lower emissions below those produced by liquefied natural gas, the company said. More here.