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Could the coronavirus crisis sink the cruise industry?

JacksinPA

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Could the coronavirus crisis sink the cruise industry? | South China Morning Post

The Diamond Princess went from a symbol of luxury to one of disaster when the coronavirus struck down hundreds of passengers

Its story raises questions not only about a quarantine seen by some as ‘a cruel human experiment’, but also about the future of a multibillion-dollar industry[/B]

More than just an adventure, the Diamond Princess promised to be a “luxury destination in itself”. Before the cruise ship departed from Singapore on its latest voyage last month, its passengers expected to enjoy freshly prepared sashimi at a dedicated sushi bar, street performances in the extravagantly designed atrium and lavish productions at a “state-of-the-art” theatre. There was even a Japanese bathhouse for weary travellers to soak their limbs at the end of each day of entertainment and fine dining.

But by the time the Diamond Princess reached its ultimate destination of Yokohama, Japan, on February 3, the vessel had transformed from a symbol of luxury into one of failed policy and unanswered questions about the coronavirus outbreak that has claimed more than 2,000 lives, sickened more than 75,000 and rattled economies worldwide.
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The fast growing Chinese economy could go back to water buffalo plowing rice paddies if this virus keeps spreading. Billions of $$$ will be lost. I wonder what steps the authoritarian Communist rulers will take in an attempt to control this.
 
If the flaming poop viruses didn't kill it, I doubt this will either.
 
and yet...many are still going on cruises today, tommorrow and next week

Take Carnival Cruises for example...(cuk) is their stock symbol

52wk high 58.xx yest close $ 39.xx dividend annual $ 2.00 a share

i just put in a bid for long term options on CUK at 45 strike prices that may or may not be taken....i am betting on the coronavirus ending and the share prices rebounding....
 
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