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Royal Caribbean global expansion of brand new ships set to double earnings

Home » Cruise Ship News » Royal Caribbean global expansion of brand new ships set to double earnings

Royal Caribbean is setting a new bar for cruise lines as they make aggressive moves to raise their international brand. They've developed a high-tech class of ships filled with technological innovations that set them apart from their competitors. As part of their global expansion plan, this Quantum ship will start a new line in China with home port in Shanghai, a development that has been made possible by Royal Caribbean's joint venture with a Chinese travel company, Ctrip. This major international push, alongside a 42-ship global expansion, will ideally create a national cruise line for China and is set to double Royal Caribbean's earnings by 2017. Royal Caribbean already has competition in China, but none are offering brand new ships like those Royal Caribbean has due to release.

Royal Caribbean recognized the pressure the tourism business has experienced the past few years and saw an opportunity to actually increase their ship volume and itinerary lists. They announced their “double-double” program in July, and since that announcement with initiatives to increase the company's return on invested capital, Royal Caribbean's stock price has increased by 40 percent.

Royal Caribbean aims to add more luxury elements to their new cruise ships, due to release by 2018 and 2020. Making their image more upscale with the Quantum ship-line will ideally attract more passengers and bring in more money, offering more high-tech features and accommodations that justify higher fares. They are pioneering elements aboard the Quantum such as sky-diving simulators, bumper cars, roller skating, and an enclosed SeaPlex activity area. By putting forth the best technology in the market right now, Carolyn Spencer Brown, editor in Chief of CruiseCritic.com, believes Royal Caribbean is really committing to a market that is “ultimately going to revolutionize the industry.”

Such massive expansion opens the cruise industry up to more passengers, more itineraries, and more destinations. However, with such technological advancements aboard new ships, there is the inevitable risk that passengers will be susceptible to new injuries. The cruise ship lawyers at Vucci Law Group are prepared to help those who have been injured or who have fallen ill due to wrong-doing or negligence aboard a cruise ship. Contact us at [phone-number] for more information.

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Jack

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Albert L.

I was injured on a cruise ship – I slipped and fell and injured my shoulder. I was not sure about the process and needed help. I had no idea about the difficulty in dealing with a cruise line. My attorney, Louis Vucci, handled my claim from beginning to end and guided me throughout. He and his staff were courteous and attentive and obtained a great result on my behalf.

Betty A.

I had to have hip repair surgery because of a slip and fall on a cruise ship. Louis was very kind and professional. This was my first experience working with an attorney. He never tired of all my questions and answered truthfully and respectfully. He honestly understood my concerns and addressed every single one. I could not have asked for a better attorney. He and those in his office were wonderful. He settled my case in a timely manner and I was very happy with the outcome.

Andrew Somer

I worked with Louis and The Vucci Law Group from an incident I had aboard a cruise ship. Louis was very candid, honest and sympathetic to my situation. He was thorough and worked on my behalf with the cruise line, insurance and medical companies. He kept me fully updated and informed every step of the way. He made this very challenging time a little easier to handle. Highly recommended.

Denise Grosdanof

My son broke his arm while participating in the onboard child care program. I approached other lawyers who turned down my case. I was about to give up and I decided to try one last time. I found Louis and I could not be happier that I did. Not only did he sympathize with my case he was well versed on legal responsibility the ship has to ensure safety of children while in their care. He responds to inquiries and emails immediately and takes you through the steps to file a claim. We were extremely happy with the outcome! I highly recommend working with Louis, he is knowledgeable friendly and easy to approach. The whole process was painless.

K. K.

I broke my C4 vertebrae after suffering a fall on a Flow Rider excursion sold by Carnival Cruise Line. I was very fortunate to have Louis Vucci represent me in my personal injury lawsuit. Louis was extremely professional, knowledgeable and tenacious. He did an excellent job of asserting my claim against all responsible parties (including the Flow Rider operator in Grand Turk), anticipating and addressing their defenses, and securing a very favorable settlement. Along the way, Louis always kept me informed about the status of my case and minimized any inconvenience to me, which I very much appreciate since I live in New Jersey. Thank you Louis for your good counsel and determination to obtain a fair and just resolution.

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