Cruise Guru

This month, Canada’s surprise decision to close their ports shocked Alaska’s communities, and has caused significant uncertainty for our small business owners and the broader tourism economy. But if cruises can safely proceed, and I believe they can, then we ought to be doing everything possible to alleviate the stress and anxiety of families whose livelihoods depend on tourists coming to Alaska to experience our great state,” said Congressman Don Young. I am very proud to introduce the Alaska Tourism Recovery Act to help provide relief and certainty to the communities that depend on a thriving tourism sector. By the time the 2021 cruise season typically starts, I am confident that we will be in a strong position to allow cruises to resume with proper safeguards in place.

Fresh on the heels of the line’s record-setting single-day sellout of its 2023 Around the World in 180 Days voyage, Oceania Cruises is opening these 127 new late-2022 and early-2023 voyages for sale on March 3, 2021. Both loyal past guests and first-time guests alike have shown an almost unquenchable thirst for worldwide travel with our 2022 itineraries and our recently launched 2023 world cruise and we are certain they will be delighted with this latest collection of memorable, exotic experiences,” stated Bob Binder, President & CEO of Oceania Cruises. Ranging from 7 to 77 Days From week-long winter getaways to languid, months-long sojourns, the 2022-2023 Tropics and Exotics Collection of itineraries are breathtaking in their scope, range, and diversity. – a diverse calendar of offerings with a great array of voyage lengths (from 7 to 77 days), a wide array of longer voyages with 12 cruises that are 15 days or more in length, and new embarkation ports beyond in ; , ; and , Aruba •

For the full year, the Company reported US GAAP Net Loss of $(5.8) billion or $(27.05) per share compared to US GAAP Net Income of $1.9 billion or $8.95 per share in the prior year. The Company estimates its cash burn to be, on average, in the range of approximately $250 million to $290 million per month during a prolonged suspension of operations. This range includes all interest expenses, ongoing ship operating expenses, administrative expenses, hedging costs, expected necessary capital expenditures (net of committed financings in the case of newbuilds) and excludes changes in customer deposits, commissions, principal repayments, and fees and collateral postings related to financing and hedging activities. As of December 31, 2020, the Company had liquidity of approximately $4.4 billion, including $3.7 billion in cash and cash equivalents and a $0.7 billion commitment from a 364-day facility.

AIDA Cruises announced it will open its 2021 cruise season starting March 20 with AIDAperla sailing around the Canary Islands. The group of Spanish islands off the northwest coast of Africa are a favourite “fly and cruise” vacation for German travellers looking to enjoy the region’s spring weather and unique destinations. As a result, AIDA is also announcing that all trips originally planned from March 6 up to and including March 19, 2021, are unable to take place. The “AIDA promise” is included in the travel price for new bookings up to March 31, 2021, and applies to departures up to Oct. 31, 2021.