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TPG Talks episode three: The future of cruising
Richard Kerr
Contributor
Richard Kerr is a veteran naval officer and founder of the Award Travel 101 Facebook community. He’s one of the foremost experts in points and miles strategy, featured in Forbes, US News, Money Magazine, Kiplinger Personal Finance and presented at #SXSW 2017. Richard has visited over 45 countries, lived in England and Japan, and spends his spare time dissecting loyalty program award charts to maximize the value of points and miles. Richard holds a BBA in International Business and has his wife and two small children in tow for his travels as often as possible.
May 09, 2020
•
2 min read
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Joining us on episode three of TPG Talks was Gene Sloan, TPG's Senior Reporter for Cruise and Travel. Gene has been covering the travel industry for over 20 years and is one of the most knowledgeable people in the United States on the cruise industry.
With COVID-19 stopping almost every cruise vessel in the world from operating, there's a lot of consider from both a health and business standpoint about what the future of cruising holds. Be sure to watch the replay to learn how to handle any of your current cruise bookings as well as what to expect when it's time to cruise again.
Show notes:
- 7:32 - Where the cruise industry stands today (April 30, 2020)
- 11:00 - Passionate cruisers vs. Never cruisers
- 13:07 - CDC do not sail orders
- 16:32 - What to do about current cruise bookings
- 22:10 - Cruise insurance and pandemic coverage
- 24:40 - How will cruise lines communicate with passengers?
- 26:57 - Cruise itineraries may change when sailings resume
- 29:33 - Cruise industry financial standing
- 33:56 - Statements from cruise line leaderships
- 36:00 - Stock holdings
- 38:13 - Cruise ship health considerations
- 44:44 - Will there be age restrictions?
- 46:44 - Gene's opinion on when it will be safe to cruise again
- 49:13 - Rapid fire Q&A
Follow on reading and important links:
Hub page for TPG's cruise coverage
Expecting a refund for a canceled cruise? Here's how long it could take
Finally, some good news for cruisers worried about strict new boarding procedures
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Here's why you shouldn't take a voucher if your cruise is canceled
The bizarre story of the last 8 cruise ship passengers still at sea
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Apply for Capital One Venture X Business
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Terms & restrictions apply. See rates & fees
Best for businesses with high spending
TPG Editor‘s Rating
Go to reviewCard Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
Rewards Rate
| 2X miles | 2 miles per dollar on every purchase |
| 5X miles | 5 miles per dollar on flights and vacation rentals booked through Capital One Business Travel |
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Credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.740-850Excellent
Why We Chose It
The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit. (Partner offer)Pros
- The Capital One Venture X business card has a very lucrative welcome offer.
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- Business owners are also able to add employee cards for free.
Cons
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- LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
- Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
- Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
- With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
- Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
- Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
- Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
- Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- This is a pay-in-full card, so your balance is due in full every month