Cruise Line Industry Faces Slow Recovery in the Presence of the Coronavirus Outbreak

Equity Research Analyst, James Hardiman, discussed the future of the cruise industry in the wake of the Coronavirus with CNBC. As a leisure focused industry, he believes cruise ship companies may be last to return to normal operations.

While demand remains low, the industry is well capitalized with $1.5 – $4 billion in highly liquid, marketable securities.