With Steiner Leisure reporting a drop in net income for its Q1 2014, ended March 31, compared to last year, are the new ships offering too many onboard spending opportunities?

Steiner reported revenue per staff day on so-called spa ships (new ships) at $427 for Q1 of this year, compared to $455 last year.

In contrast, non-spa ships (older ships) maintained their revenue per staff per day and increased their average weekly revenues.

Steiner provided spa services and products on 116 spa ships during the quarter, up from 113 ships last year, and 39 non-spa ships, down from 40 last year.

Steiner reported net income of $7.4 million, or $0.50 per share, on revenues of $216.7 million for Q1 of this year, compared to $12.7 million, or $0.86 per share, on revenues of $212.0 million for the same period last year.

The results were also pulled down by increased cost of sales and operating expenses.