IS YOUR FAVORITE SHIP ABOUT TO DISAPPEAR IN A MASS EXTINCTION?
There’s a good chance that one of the cruise ships you’ve loved being aboard in the past won’t be sailing when the global cruise lockdown ends. More than two dozen well-known ships from the major cruise lines are showing up with for sale signs on cruise brokers’ websites.
That means if you’ve got $100-million or so to play with, you could even start your own cruise line with a one-owner ship that’s been beautifully maintained.
The harsh reality is that with cruise lines bleeding millions a month in a worldwide shutdown that’s going to continue at least into the fall, selling older ships can bring in needed cash. Any cruise ship more than 20 years old in a big fleet also runs the risk of being left at the dock when cruising resumes. Older ships are less fuel efficient and carry far fewer guests than more modern ships, which will make them less profitable–because it’s likely ships won’t be able to sail at full capacity until the coronavirus threat is eliminated.
First published at Travel Industry Today