Companies like Celebrity Cruises and Royal Caribbean Cruises Ltd. are competing in the discretionary vs essential spending market, alongside the influence of Walmart.
1 report, 1 independent
Updated Sep 14
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What happened
Companies like Celebrity Cruises and Royal Caribbean Cruises Ltd. are competing in the discretionary vs essential spending market, alongside the influence of Walmart.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Major cruise lines, including Carnival, Royal Caribbean, and Norwegian Cruise Line, are currently competing fiercely for leisure consumer spending.Also in this story
- Multiple firms, including Brighton Jones LLC and Brown Advisory Inc., bought, sold, and raised holdings in the stock of Royal Caribbean Cruises Ltd.
- Cruising in the Caribbean remains popular, with bigger ships being delivered to Port Canaveral and cruise lines seeking passengers.
- A contest involving OneSpaWorld and Royal Olympic Cruise Lines is underway to capture consumer discretionary market share.
The entities involved
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Celebrity Cruises
cruise line
Related events
- The company Royal Caribbean is based in Miami.
- Celebrity Cruises and Royal Caribbean Group formed a joint venture that is headquartered in Miami and operates as a group led brand.
- Operational changes apply to sister line materials between Celebrity Cruises and Royal Caribbean, including dropping 'at' from destination names.
- Celebrity Cruises entered into a long-term partnership since 2014 focused on conservation efforts related to the Galápagos archipelago.