cruises

Royal Caribbean Group reported a wider-than-expected quarterly loss on Monday as the cruise operator suffered from a coronavirus-driven halt to sailings that is now on course to last deep into the second half of 2020. The company’s shares, which have lost over 60 percent of their value this year, rose 10 percent in midday trading …

The Royal Caribbean cruise conglomerate has dropped the word “cruises” from its name as the industry takes a beating from the coronavirus pandemic. The Miami-based travel company announced Thursday that it changed its name from Royal Caribbean Cruises to Royal Caribbean Group. Chairman and CEO Richard Fain called it a “simpler, fresher and more modern” …

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For the first time, Chanel unveiled a collection Monday morning — without a runway show. The luxury label is famous for its runway spectacles, flying well-heeled guests to far-flung destinations such as Cuba and Seoul, as well as for its storied sets in which airplanes, supermarkets and even an activated rocket ship have been recreated. …

The coronavirus crisis is threatening to sink Norwegian Cruise Line. The Florida-based company warned Tuesday that it has “substantial doubt” about its ability to keep operating as a “going concern” as the pandemic keeps its ships anchored. Norwegian said it does not currently have enough cash to meet its financial obligations over the next 12 …

The travel industry has been decimated by the coronavirus — with estimates of over $24 billion lost as 825,000 jobs have been wiped out and more than 8.2 million visitors stay away from the United States alone. But with the storm clouds come a silver lining. Without the steady stream of cruise ships (some of …