Royal Caribbean Cruise Experiences Negative Impact on Bookings After Concordia Incident

'After the cruise sinking incident, Royal Caribbean Cruise reports loss and negative impact on current as well as future bookings', BBC Travel
On January 13th, 2012, Costa Concordia Ship was capsized off the coast and resulted into the loss of 30 lives and more causing trauma in the life of the cruise passengers. After experiencing a negative incident in the journey of Costa Concordia, Royal Caribbean Cruise admits to experience negative impact for a coming short period. 

Cruise vacations are generally noticed as the safe vacations as it meets the least number of accidents but after the recent incident the cruise passengers are observed tensed and fearful for traveling on ships and the same can be expected for a short time period.

The Miami-based cruise line that manages brands including Celebrity Cruises, Pullmantur and Azamara Club Cruises nevertheless reports a trivial boost in profits for the year 2011. Net income enhanced to $607.4 million versus $515.7 million in 2010. Revenues enhanced to $7.5 billion for the full year of 2011 in comparison to $6.8 billion for the full year of 2010 as a result of capability increments and yield improvements.
 
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