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2.11 Is there a limit on how much Shareholder Benefit OBC a single shareholder can earn? Practically, it’s impossible to earn more than $6500 per year based on night sailings. There are passengers who have received thousands of dollars of benefits from a single eligible shareholding. Yes, so long as you can produce acceptable evidence of ownership in your account, the specific legal form of ownership does not appear to matter.
Uncovering the secret perks of investing in the travel sector - The National
Uncovering the secret perks of investing in the travel sector.
Posted: Wed, 20 Dec 2023 08:00:00 GMT [source]
Do you own cruise line stocks? You could get onboard perks
In early November there was a thread about Stockperks - I don't know if the information still holds true. Cruise Radio prioritizes well-balanced cruise news coverage and accurate reporting, paired with ship reviews and tips. There are many reasons to buy stock for any given company. With the full transition to StockPerks, Carnival now requires you to download the StockPerks app from either the Apple or Google Play Store depending on your device.
Times Prince
If you’re a single traveler paying 200% of the fare, you’ll be able to get the full value of the credit. Just keep in mind that any unused credit won’t be refunded and can’t be exchanged for cash. This benefit can’t be transferred to others and doesn’t apply to certain special rates, like employee discounts or cruises booked through travel agents. Here is the link to the plan description on the Carnival Corp. website. Just include name, booking number, sailing date and cabin number along with the proof of ownership and email, fax or snail mail it in. For example, Carnival employees, travel agents cruising on a travel agent rate, group tour conductors, and anyone sailing on a reduced rate (or taking a complimentary cruise) are excluded.
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Those extra funds could pay for a meal, or even your entire drinks during your voyage, so it’s worth the effort to provide your details. Whether you sail to the glaciers of Alaska or the palaces of Russia, relish in the benefits of our Gold Membership after your first cruise with Princess. Once you return from your trip, receive curated recommendations for future cruises based on your cruising history, so that you can embark on another unforgettable journey. Book early and relish in savings, like a discounted fare for the first two guests in your stateroom. While on board subsequent cruises, you can even attend members-only events and meet other like-minded adventurers. As you continue to sail with Princess and reach new membership tiers, you can always enjoy these Gold-level benefits.
In fact, in 2023 Carnival Corporation provided shareholders up to $250 in onboard credit – but that offer ended on February 28, 2024. This article walks you through changes to the new 2024 Carnival Shareholder Benefit along with big updates to the process requesting benefits. Also know that the benefit is limited to one credit per cabin per 100 shares on each sailing and is nontransferable. You will be required to submit a copy of your brokerage statement, usually two to three weeks before sailing. The name on the statement must match the name of the person sailing, so no sharing among friends, unless you plan to jointly own the stock. There are exceptions in the fine print for cases of jointly owned stocks, but the restriction of having 100 shares per cabin still applies.
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We'll use either email or fax, and have never used a form, but just clearly supplied the information requested. Carnival Corp, Royal Caribbean Cruises Ltd. and Norwegian Cruise Line Holdings are gaining ground over the last few months, but many believe there is still a lot of room for these cruise stocks to increase. Additionally, shouldbecruising.com participates in various other affiliate programs, and we sometimes receive a commission from purchases made through our links. Of course, each stateroom key card is assigned to a specific passenger and also acts as ID and your way of making purchases on board. So the logistics can get tricky with this workaround, but many cruisers use this method to double up on OBC.
Princess will generally reply by email if there is a problem with the submission. The most common issues are missing information in the request, or an attachment that was either not attached or won’t open. Post and fax submissions are not routinely acknowledged. Sometimes, email submissions are acknowledged upon receipt. Shareholders should black out all information not related to the Carnival holdings such as account numbers, balances, other shareholdings, etc. Practically, “current” seems to mean “within 90 days”, as “the most recent quarterly statement” is routinely accepted.
The onboard credit amounts for shareholders and military guests vary based on the length of the cruise. For cruises lasting six days or less, shareholders will receive $50 per stateroom, while military guests will receive $50 per person. The recent updates to Princess Cruises’ shareholder and military benefits program have left many shareholders and military members disappointed. While the onboard credits are still available for both groups, they are no longer combinable for individuals who qualify for both benefits, which will affect many guests.
But some non-employees also aren’t able to take advantage of this program. You’ll need to mail, email, or fax proof of your shares to your specific cruise line at least three weeks before your sail date. Although so many things are automated these days, you’ll need to let the cruise line know that you’re a shareholder before each and every cruise, so you can have your OBC credited to your account. Thanks for the information about not needing to link you account to the app. I'm glad that it basically works the same way except for using an app instead of email.
Every March they approve another year for this program so you'll be okay. You don't need to use the form to apply for the OBC but since it's available I use it. So there is no need to call Princess or your TA to see if you have received this OBC.
If combined with Refundable OBC, all Non-Refundable OBC is depleted first. It’s also important to note that the Shareholder onboard credit will be non-refundable. Any unspent Shareholder onboard credit cannot be reimbursed or carried over to future cruises. The changes, set to take effect on June 29, 2023, involve alterations to the ability to combine and refund onboard credits for these groups. To buy shares in any company, you’ll typically need to use a stockbroker. There are various fees involved with this, but an online platform is usually the cheapest and easiest way.
Speaking of the economy, demand for cruise trips demonstrates cyclicality, as it's a discretionary purchase. I'm concerned about how Carnival will fare in a potential recessionary scenario, which could happen unpredictably. But this is a business that is recovering nicely from the worst days of the pandemic. At one point, Carnival was forced to halt its operations temporarily to prevent the spread of COVID-19. Revenue took a huge hit, dropping 91% between fiscal 2019 and fiscal 2021. I purchased the stock when it was selling at a much higher price.
I have always just printed the CCL page that shows ownership. This is especially true in view of the fact that most of the other major cruise lines have similar if not duplicate programs. You can check via the website - log in, select the booking in question, select Payments & Credits and scroll to the bottom. It is important for shareholders and military members to be aware of these changes and consider their circumstances before making decisions. Technically, you can’t actually be a shareholder in Princess Cruises, I should clarify. Princess Cruises is part of the larger Carnival Corporation, so there’s no such thing as Princess Cruises stock – if you want to get involved, then you’d need to buy shares in the group.
Once located it took minutes for them to process, which they did immediately based on the proximity of our cruise date. For specific step-by-step instructions on how to request the benefit, be sure to check out our original post. So for an IPhone do I search for just stockperks or Carnival stockperks or? With the recent fluctuations in the markets, many people are looking to pick up stocks which, though hitting sometimes historic lows, seem poised to experience a major rally in the future. The request needs to be made no later than four weeks before your sail date.
Level up your perks after completing 5 cruises or 50 cruise days with Princess. In addition to all of the benefits at the Gold and Ruby levels, enjoy priority boarding in the cruise terminal, so you can experience your MedallionClass® vacation even quicker. When it’s time to head home, get the same deluxe treatment with access to our Disembarkation Lounge. Enjoy fresh-baked pastries and a soothing cup of tea or coffee with members of your travel party before you make your onward journey home. During your time on board, you’ll enjoy discounts off Lotus Spa® treatments and the professional photo offerings in the Photo Gallery.
Do make sure to read the fine print, as some cruise line offers are not combinable with this benefit. This applies to travel agent rates, free cruises, and chartered sailings, as well as some other circumstances. Now I should mention that isn’t meant to be financial investment advice.
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