BUSINESS
January 18, 2012 | By Hugo Martín, Los Angeles Times
Before the ship Costa Concordia ran aground off Italy's Tuscan coast with 4,200 passengers aboard, the cruise industry had been enjoying smooth sailing and a bright future. Now, safety concerns could cloud sunny industry forecasts. The $40-billion industry has been growing steadily over the last few years, thanks in part to an improving economy and the construction of new ships, including several "mega ships," complete with shops and nightclubs. The worldwide cruise industry carried an estimated 16 million passengers in 2011, an 8% increase over 2010, and is expected to grow 6% in 2012, according to the Cruise Line International Assn., a trade group for the world's biggest cruise companies.
BUSINESS
April 29, 2009 | Hugo Martin and Tiffany Hsu
Five of the world's largest cruise lines suspended all stops in Mexico on Tuesday because of the swine flu outbreak, dealing another blow to that country's battered tourism industry. The situation could mean additional cruise ship business at two Southern California ports of call, San Diego and Santa Catalina Island.
BUSINESS
April 20, 2008 | From Times Wire Services
Central Park is moving to the ocean -- sort of. Royal Caribbean Cruises said that an area resembling New York's Central Park will be featured in the center of its Project Genesis ship when it is delivered in late 2009 as the world's largest cruise vessel. Spanning the length of a football field, Central Park will include lush foliage, quiet walkways, restaurants, boutiques, an art gallery and a moving bar. The area also will feature concerts and street performances, providing the feeling of an outdoor space.
BUSINESS
April 13, 2008 | From Times Wire Services
Carnival Corp. plans to give $40 million in refunds to customers nationwide who were assessed fuel surcharges after they booked their trips. It's the second cruise company to reach an agreement with the Florida attorney general's office, which received more than 300 complaints about fees added by several cruise operators last fall. Customers said the charge was tacked on after they made their reservations. The Carnival settlement affects more than 1.1 million bookings, but the precise number of people affected was not available.
BUSINESS
March 11, 2008 | From the Associated Press
One of the world's top cruise operators has agreed to reimburse passengers for fuel surcharges that were not adequately disclosed, Florida's attorney general announced Monday. The settlement with Royal Caribbean Cruises Ltd. affects 300,000 bookings -- the number of customers involved was not immediately available -- and will return $21 million to people nationwide who made trip deposits as of Nov. 15. "There's gonna be a lot of happy cruisers," said Sandi Copes, spokeswoman for Atty.
BUSINESS
October 7, 2002 | BONNIE HARRIS, TIMES STAFF WRITER
Call it the Princess' prerogative. After spurning Carnival Corp.'s aggressive courting for more than a year in favor of another, P&O Princess Cruises may now want to change its mind. On Friday, U.S. regulators cleared the way for both Carnival, the world's biggest cruise line, and No. 2 Royal Caribbean Cruises to pursue their respective bids for the No. 3 company, and the sought-after Princess quickly considered making the most of either deal, saying Carnival's didn't look so bad after all.