The last gasp of the post-Covid travel recovery is playing out on the high seas. Even as airlines, hotels and vacation rental companies raise alarms about a pullback in travel demand, consumers just keep spending on cruises.
Viking Holdings Ltd., which caters to affluent and older customers, this week said it generated about 7% more in net revenue from each passenger in the second quarter compared to the same period a year earlier. Viking has already sold 55% of its capacity for 2025 sailings, about a fifth more than it had filled for the 2024 season at this point last year. Pricing for advanced bookings for 2025 ocean cruises is up about 12% relative to this year’s reservations, while rates on river routes are about 7% more expensive. The last week of July was the highest-grossing period on record for Viking.
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Men sit at the Doha Corniche backdropped by high buildings in Doha on March 3, 2025. Photo by KARIM JAAFAR / AFP DOHA: Local tourism destinations are g
Image credit: Supplied Qatar Airways has introduced an off-airport check-in
Turkish Airlines – a Corporate Partner of the FTE Digital, Innovation & Startup Hub – is charting a course to rank among the top 3 global airlines for