Coronavirus challenges $45 billion cruise industry
Coronavirus concerns have pushed the $45 billion cruise line industry to cancel trips and reroute ships as it struggles to contain the impact from fearful travelers. But experts say the industry will bounce back after the outbreak is contained. “Business is soft, people are scared to travel,” Frank Del Rio, CEO of Norwegian Cruise Line Holdings Ltd., told investors Thursday. He predicted the trend would continue, “until we see the leveling off of new cases.” Carnival Cruise Lines, Norwegian Cruises, and Royal Caribbean Cruises all together ...
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