In terms of consumer confidence and travel budget, the cruise industry is looking for an ocean of progress.

For example, Norwegian Cruise Company Some of the “chopping” of the tour from the U.S. to Europe in the third quarter was reported.

"Until about a month ago, it was actually really, really good. Then, American consumers seemed to have some planning for travel from a distance."

Norwegian stock fell more than 7% after its first-quarter earnings report.

According to the average estimate of LSEG aggregated, revenue in the first quarter was only $2.13 billion, compared with an estimated $2.15 billion, while earnings per share was 7 cents compared with an expected 9 cents, with revenue of just $2.13 billion.

The company revised its guidance on net output growth by 1%, ranging from 2 to 3%, and said revenues could be under pressure this year. However, Norwegians are guiding the forecast cost savings on interest rates, taxes, depreciation and amortization or EBITDA prior to earnings and adjusted earnings per share through more favorable foreign currency exchange rates and lower fuel prices.

Despite the pressure, Sommer reiterated the broad view of the cruise industry that travelers increasingly consider the value of these holidays over land-based holidays during economic turmoil.

Royal Caribbean CEO Jason Liberty said on the company's first-quarter earnings call that the company "of course not immune to macro volatility."

“However, what we’re seeing in the booking and real-time spending on board is that consumers are still prioritizing the experience, planning to spend more money on them this year and seeking the value we are able to offer,” Liberty said.

The company said it had 86% bookings by the end of 2025.

The Royal Caribbeans presented year-round guidance and reported the results of defeating Wall Street. But its shares have also declined, to date it is about 6%.

Norwegian stocks have fallen 37% so far, Carnival cruise This year so far, despite record first-quarter results, has fallen 26% so far this year, which was announced in March, surpassing the company's own guidance.

Norwegians say that spending on the board remained stable in April, which is somewhat “returning to normal”.

"You know, you might have a weak month, a weak quarter, but consumers continue to take leave," Sommer said. "It's one of their God-given rights, and they like them. They're back."