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Major Cruise Operators Slash Summer Prices Despite High Demand – Here’s Why

Major cruise lines Royal Caribbean, Carnival, and Norwegian are cutting summer cruise prices to fill cabins amid rising demand and more ships in popular destinations. Caribbean and Alaskan itineraries see significant discounts, with prices dropping up to 21% for Caribbean cruises and up to 20% for Alaskan cruises compared to last year, according to AAA and Cruise Critic data.

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Why Is Norwegian Cruise Line Stock Shooting Higher Today?

Norwegian Cruise Line Holdings shares surged as Mizuho Securities USA analyst Ben Chaiken upgraded the stock from Neutral to Buy, raising the price target from $21 to $24. The analyst cites improved valuation after years of underperformance and effective cost-cutting measures. Additionally, NCLH's optimization of fleet itineraries and private island developments is expected to drive significant yield growth, presenting a compelling investment opportunity.

NCLH