Bumper quarter for Star Cruises

Thursday, 26 Nov, 2002 0

Star Cruises increased its net income by 42% to $56.2 million in the third quarter of 2002, compared with the same period last year.

Revenue for the quarter, which ended on September 30, increased by 17.8% to $447.4 million.

The Asia-based company said the improvement was due to an increase in capacity and higher occupancy levels.

Meanwhile, its subsidiaries had mixed fortunes. Norwegian Cruise Line’s net yields were up by just under 2% while Orient Lines’ yields were down significantly.

NCL’s performance was attributed in part to the popularity of its Freestyle dining plan.



 



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...