1 Cruise Line Is Ready to Sail in the Caribbean -- but There's a Catch
The long overdue return of Caribbean cruising is not going to happen the way Royal Caribbean (NYSE: RCL) initially envisioned, but after waiting 15 months to get back into the water you won't see it or its shareholders complaining. The country's second-largest cruise line announced the return of seven-day Caribbean sailings on Monday. The voyages will begin on June 12. The booking window opens on Wednesday.
A big catch here is that the restart of its Adventure of the Seas ship won't happen at one of Royal Caribbean's popular ports in Florida, Texas, or California. In a clever turn to skirt the high hurdles set by the Centers for Disease Control and Prevention for a return to U.S. sailings -- a move that keeps Royal Caribbean as well as peers Norwegian Cruise Line Holdings (NYSE: NCLH) and Carnival (NYSE: CCL) (NYSE: CUK) out of commission closer to home -- this ship will depart out of Nassau in the Bahamas.
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Source Fool.com
