Cruise Line Industry: How Carnival Cruise Lines Can Become More Like Royal Caribbean Service Marketing Intro- For our project‚ we chose to analyze the service provided amongst different companies in the cruise industry. Needless to say‚ every industry contains many separate companies with varying business models and different core values which help differentiate their company from the next. In the cruise industry‚ as we discovered through our research and through the
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The Future of Cruise Industry Abstract Cruise industry has rapidly developing since 1990s; it becomes not only as transportation tool‚ but a modern way of travel and even lifestyle. It is regarded as ‘floating resorts’. This journal article focuses on the future development of cruising industry. It examines cruise industry on five main factors: the structure of the industry: high concentration and enter of Low-Cost cruise lines; the potential customers: whether aging population or young generation
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Health Cruises Case Read the Health Cruises Case and submit answers to the following questions. 1. What is the minimum number of passengers Health Cruises must sign up by November 20th to break even? [show your calculations] Considering that an average ticket price is $1500 and the cost per passenger is $200‚ each sold ticket generates $1‚300 of the positive cash flow. Since $295‚000 of the initial capital had been spent by November 14th‚ the following minimum number of passengers must
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Disney Product Lines | | Marketing MKT230 A02 | | Walt Disney Product Lines | | Marketing MKT230 A02 | wALT DISNEY CORPORATION June 5‚ 2012 Authored by: STACEY LITSEY wALT DISNEY CORPORATION June 5‚ 2012 Authored by: STACEY LITSEY Abstract This paper will take a look at the product lines that the Walt Disney Corporation has to offer both on a national and world wide market. I will give a brief history of the company and explain the different product lines that are
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Copa Cruises - Welcome Aboard! Copa Cruises is a 40-year old company that offers dining and sightseeing cruises. What started with only one ship at Maryland’s Eastern Shore‚ is now a big business operating at multiple locations with 40 vessels. Copa operates scheduled tours at least twice daily during the peak travel/tourism seasons at each of its locations. The total number of scheduled tours varies based on the number of vessels available at each location. Copa also offers its ships exclusively
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Vision Statement: It is our vision to continue to be the world’s #1 vacation provider at land and at sea. Mission Statement (Current): Our missions is to deliver exceptional vacation experiences through the world’s best-known cruise brands that cater to a variety of different lifestyles and budgets‚ all at an outstanding value unrivaled on land or at sea. Mission Statement (Proposed): It is the mission of Carnival cruised to provide our customers with the best vacation experience on both
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Cruise to The Bahamas During my junior year in high school me‚ my mom and some of her friends went on a cruise to the Bahamas. It was a three day cruise leaving Miami going to Nassau‚ Bahamas which is their capital. It was a Thursday night in May 2008 and we had a flight to catch to Miami. Even though the boat didn’t leave till the next day in the afternoon‚ it was best to get there early in case you missed your flight because most cruises aren’t refundable. We ending up flying to Fort Lauderdale
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1. What is the minimum number of passengers Health Cruises must sign up by November 20th to break even? [show your calculations] Fixed Cost = 220000+10000+65000 = 295000 Variable cost per passenger = 200 Revenue = 1500 per passenger X # of passengers (# of passengers = x) Revenue – Cost = Profit 1500x – (200x+295000) = 0 x = 226.92 rounded up to 227 passengers to break even 2. Should Health Cruises go ahead with the cruise since 200 people have signed up by November 14th?
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|Cruise line: |Target market’s |Benefits offered (differentiation): | |Carnival Cruise lines |All ages |a wide variety of on-board choices; a fun‚ relaxed | |Resort / Contemporary Cruise | |atmosphere; outstanding value; and beautiful and exciting | |Lines |
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I. COURSE TITLE: CRUISE SALES AND MANAGEMENT II. COURSE DESRIPTION: This course explores the travel industry by developing an understanding of the reference materials used to market cruise for domestic and international destinations. Course Credit: 3 units lecture Contact Hours: 3 hours lecture/week 54 hours of lecture/term III. COURSE RATIONALE Cruising has been considered a global phenomenon; statistic shows the growing popularity of the cruise industry. This course
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