Royal Caribbean Profits Fall 37 Percent; What impact did George Smith Disappearance play?

 

Royal Caribbean Cruises posted that profits fell by 37% for the first quarter as compared to last year, yet they claim they were not disappointed. Just how bad did they think that the George Allen Smith disappearance and Congressional Hearings were going to affect the bottom line? To hear the CEO and the numerous spin doctors they have paraded out recently, one would have thought all was well at Royal Caribbean.

(Read the full story at The Travel Bloggers.)

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Posted May 1, 2006 by
Business, George Allen Smith IV, Travel | no comments


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