Originally Posted by
upnorth
The interesting thing is that Celebrity prices are pretty close to Carnival prices this summer mainly because RCCL is in a very poor financial shape (BB2 junk bond rating and there is a sell rating) whereas CCL owner of Princess and Carnival is more sound. Thus from a consumer point of view, if one thinks RCCL will not go bankrupt this year, then Celebrity offers best value for money.
Even though share prices are down, Royal Caribbean has a lot of cash on hand; I am not worried at all about their financial prospects. I can see many other travel companies going away before RCI.
On the bright side, if you own 100 shares of RCI stock, you are entitled to on board credit; this might be a great time to buy.
