Pent Up Demand For Cruises: RCL, CCL, NCLH

Is there still demand for cruise lines post-pandemic? “Most cruise goers are repeat cruise goers. Recently, Carnival (CCL) reported earnings and the stock price saw a whipsaw effect. Also, Norwegian Cruise Lines (NCLH) reacted. Booking a cruise social media mentions are up 84% year-over-year, followed by international travel being up 54% for the same time period. Specifically, Norwegian Cruise Line consumer purchase intent mentions are up 146% year-over-year. However, the NCLH stock price has not made a recovery,” says LikeFolio’s Landon Swan. Tom White and Kevin Hincks weigh in on the recent Royal Caribbean Cruises (RCL) earnings call.