Cruise Industry News takes a look at the financial performance of the “big three” following the first quarter of 2017.
Royal Caribbean Cruises posted the best performance of the three companies with the highest net income per passenger day.
Carnival Corporation also noted a healthy increase in net income per passenger day, with small gains on ticket and onboard revenue.
Norwegian Cruise Line Holdings saw a bit of surprise, with less passengers carried in Q1 year-over-year combined with higher costs leading to a decline in net income.
After years of dropping, fuel expenses are again on the rise, and could drag down future earnings.