Anyone could see for months now that cruise lines around the world were in trouble. Now we know just how much. A report from the CBC suggests Norwegian Cruise Line is in deep financial trouble and is selling emergency stocks and bonds to raise desperately needed capital. Carnival on Monday said it will operate eight ships out of Florida and Texas beginning Aug. 1, but NCL appears to be going in the other direction. “The world’s third-largest cruise ship operator cast doubt on its ability to stay afloat as a company for much longer, even as one of its biggest Read more
staycations
I saw a story in the Toronto Star (my employer for 32 years) on Friday that said Canadian and Ontario tourism folks are thinking of pulling some of their proposed spending from Asia and other overseas markets and focusing instead on Canada and the U.S. Given the empty planes and hotels that we’re seeing around the world, that’s probably a good call. After all, it’s a lot easier to control your environment if you drive somewhere, particularly if you drive to a remote part of the country or to place where you’re enjoying the great outdoors, relatively free from any Read more
