For cruise lines, Iran conflict and oil prices threaten to dent profits
Cătălin Roșioru
The global cruise industry is reporting record demand and renewed consumer enthusiasm, but the leaders helming the world's largest cruise companies say the sector is also facing some of the most complex challenges it has seen in decades. "We are not an alternative vacation anymore. We are a vacation," Carnival Corporation CEO Josh Weinstein said during a keynote panel Tuesday at Seatrade Global, a cruise industry conference. As demand rises, passengers are getting younger; one-third of cruise
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