Worldwide, the tourism industry has suffered drastically from the COVID-19 pandemic & worked towards restarting their services to garner profits amid continued losses. Tourism’s sub-sector of cruising has seen the most drastic losses, with multiple ships seeing continued outbreaks to date. Nations like Australia & the United States have barred cruise operators from entering their ports, evoking that their financial burdens aren’t excusable when compared to human life.
Discussions were held between Disney Cruise Lines & the Galveston Wharves Board of Trustees. Together, these two parties delegated Health and Safety standards that can be engaged at the Texas-established Port Galveston. These discussions are being maintained so Disney Cruise Lines can resume sailing from this port, with embarkation & disembarkation procedures being the most prominent concern.
Inside sources have indicated that Disney Cruise Lines & the GW Board of Trustees have agreed, with travel packages slated to become available before September 31st. It’s known that Disney is updating their online check-in service to adhere behind these new health standards, which requires the cruise line support a maximum 70% occupancy ratings. The first ship that’ll leave Port Galveston under the new agreement is the Disney Wonder.
Disney Cruise Lines will sustain welcomed profits with a 70% occupancy rating. Cruise industry experts note that 30% occupancy is enough for Disney, Carnival, and Royal Caribbean to maintain the minimum base profits. Receiving an additional 40% on that minimum occupancy percentage will enable DCL to sustain 3rd quarter profits. It should be mentioned that Disney has actively worked towards resuming their tourism properties, with Walt Disney World currently open at the bare occupancy rating.
Competition from Carnival
Disney Cruise Lines will face competition in acquiring customers, with Carnival-Holland America allowing for their subsidiary cruise lines to resume sailing. It’ll include the Italian-established Costa Cruises, and Germany-located AIDA Cruises. Continued sailing begins on September 6th for the Italian Costa Cruises, with Germany’s AIDA Cruises returning by November 1st. Itinerary packages are available today for higher costs than typically seen before COVID-19. Tourism corporations worldwide have increased consumer costs to offset losses associated with the pandemic.