Celebrity Cruises, one of the six cruise brands of
Royal Caribbean Cruises Ltd.
) has entered into a partnership with Canyon Ranch, a leading spa
and wellness brand. Per the deal, Canyon Ranch will offer SpaClub
services onboard 10 Royal Caribbean Celebrity ships.
CARNIVAL CORP (CCL): Free Stock Analysis
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This deal will mark the debut of SpaClub services and treatments
on Celebrity ships. The SpaClub services include spa, beauty
salon, wellness and fitness amenities that will likely cater to
the demand of Celebrity passengers.
Celebrity Ships sail to various destinations across all seven
continents. Apart from the spa services and other amenities, this
premium brand offers its guests luxury "AquaClass"
Driven by these factors, the company recently posted strong
fourth quarter and 2013 results with earnings and revenue beating
the Zacks Consensus Estimate and both up year over year.
Increased onboard and other revenues and solid close-in demand in
Europe and Asia backed the results.
It is difficult to survive in such a competitive industry without
offering additional services and lucrative offers. Carnival
Cruise Lines, a
) brand also offers continuous product enhancements, attractive
promotions and varied entertainment options for its guests. As a
result, it was successful in creating a one-month reservation
record by making net bookings of more than 565,000 during this
Royal Caribbean holds a Zacks Rank #1 (Strong Buy). Some other
stocks worth considering in the leisure and recreational services
Carmike Cinemas Inc.
ClubCorp Holdings, Inc.
). Both these stocks carry a Zacks Rank #2 (Buy).