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Royal Caribbean CEO to Forgo Paycheck Through September

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To help Royal Caribbean survive the coronavirus.html” target=”_self” rel=”nofollow noopener noreferrer”>coronavirus outbreak, the cruise line’s CEO announced he would refuse his paycheck through at least September.

According to CNBC.com, Royal Caribbean CEO Richard Fain announced he would take a 100 percent reduction of his $1.1 million salary, but it was unclear if he would refuse the bonuses, non-cash payouts and other income he received when he made around $25 million in 2018.

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As for the other key executives at the cruise line, CFO Jason Liberty, Royal Caribbean International CEO Michael Bayley and Celebrity Cruises CEO Lisa Lutoff-Perlo volunteered to take a 25 percent pay cut.

“These reductions were made in light of the COVID-19 pandemic and the negative financial and operational impacts resulting therefrom,” a Royal Caribbean spokesperson said in a statement.

The cruise company also announced its board of directors would give up all cash retainers and fees payable for board and committee service through September 30.

Fain’s announcement about pay reduction for executives came just days after the company revealed it would extend the suspension of cruise operations through at least May 11, with Alaska, Canada and New England sailings delayed until at least July 1.

Royal Caribbean said the decision to cancel all sailings was a result of port closures and travel restrictions caused by the viral pandemic. Customers impacted by the decision will receive full credit fare that can be transferred to a future sailing date in 2020 or 2021.

The cruise company also revealed the extension of its Cruise with Confidence program through at least September 1. The program allows travelers to cancel up to 48-hours prior to their departure date in exchange for a 100 percent Future Cruise Credit for redemption on sailings departing before January 1, 2022.

Earlier this week, the United States Coast Guard announced all cruise ships would be forced to covid-19-cases-to-remain-at-sea.html” target=”_self” rel=”nofollow noopener noreferrer”>stay at sea indefinitely and treat any passengers and crew members with coronavirus offshore.

In addition, the Royal Caribbean Group announced Tuesday it had launched a dedicated program created to assist thousands of travel agents and advisors in the United States deal with the impact of the coronavirus outbreak.

This post was published by our news partner: TravelPulse.com | Article Source

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European Waterways Barge Cruises Are Ideal for Family Vacations

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European Waterways offers the perfect solution to socially distant family travel in Europe.

As the coronavirus pandemic begins to wane and countries begin to reopen their borders to international travelers, families are expected to look to travel to reconnect with one another, and European Waterways is ready for the surge, offering the ideal opportunity for families to explore on private, chartered river barges.

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Derek Banks, managing director of European Waterways, says that he is already observing increasing interest.

This isn’t surprising seeing as how these vessels offer ideal accommodations for families, with room for anywhere between six and 20 passengers. Guests can cruise Europe’s canals and smaller waterways as well as the less-populated countryside.

“Cruising with European Waterways has always been about taking ‘the path less traveled,’ so much of our outdoor activities already take our guests away from crowded tourist attractions to the more exclusive, less populated settings,” said Banks. “Until travel returns to normal, we are further committed to providing a safe and healthy onboard environment for our guests, with pre-cruise checks for all on-board and the implementation of more stringent cleaning procedures, among other policies.”

Social distancing will likely be the norm for a while in Europe and around the world, and these barges offer the chance to enjoy scenery while still remaining safe.

For the most part, meals are served on board by the master chef and cruises feature exclusive private tours of castles, aristocratic estates and vineyards, plus other excursions, tailored to avoid the crowds.

L’Art de Vivre is the ideal barge for a family vacation. The eight-passenger vessel once carried supplies during World War One. Now, the boat has been completely modernized and cruises the Canal du Nivernais in Burgundy, France.

Family-friendly excursions include a visit to the Caves of Arcy-sur-Cure, which features some of the oldest cave paintings in the world, a medieval castle under construction using traditional methods at the Chateau Guedelon; the age of the dinosaurs in Cardo Land; and the fun and wildly eclectic artwork on display at the Fabuloserie Art and Sculpture Museum.

Family charters can also incorporate activities such as tennis, ice-skating and mini-golf as well as kayaking, quad biking and horseback riding.

European Waterways’ Family Charters are available throughout France, the U.K., Ireland, Scotland and Italy.

This post was published by our news partner: TravelPulse.com | Article Source

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