Disney Has Good News for the Cruise Line Industry
All three of the major cruise lines had already reported quarterly results by the time that Disney (NYSE: DIS) stepped up with its fresh financials on Thursday. Cruising is just a small part of the media giant's entertainment empire, but it's something that investors in Carnival (NYSE: CCL), Norwegian Cruise Line Holdings (NYSE: NCLH), and Royal Caribbean (NYSE: RCL) should pay attention to in assessing the industry's turnaround prospects.
Disney operates just four cruise ships, but they are premium-priced experiences that have proved popular with young families and even some who are not so young. With Disney expecting to add another three ships in the next five years, it's a great way to get a pulse on the industry once you've checked in on the Big Three, and Disney had some good and some bad news for cruising buffs.
Image source: Disney.
Source Fool.com
