BUZZ-Cruise operators gain in 2025 on steady travel demand, costs bite Norwegian Cruise
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Cruise operators Royal Caribbean and Carnival Corp see stock gains in 2025 due to steady travel demand, particularly for Caribbean vacations, with shares up 22% and 24% YTD, respectively. In contrast, Norwegian Cruise Line's stock drops ~13% this year due to cost pressures and declining bookings. Budget-conscious travelers are seeking affordable options, impacting onboard spending. Analysts predict companies with European itineraries will benefit from reduced competition, as Viking shares rise 64% YTD after its 2024 IPO. The S&P 500 Hotels, Restaurants & Leisure index is up 6% this year, compared to a 17% rise in the S&P 500 index.
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