Coronavirus hits cruise lines: ‘Every lost voyage’ could cost $4 million in revenue
The exponential spread of the coronavirus is upending the travel industry with cruise operators being hit particularly hard. “By our math, every lost voyage is $3 to $4 million of revenue, and about $0.02 of earnings,” James Hardiman, the managing director of equity research for Wedbush Securities, told Yahoo Finance’s On The Move on Tuesday. (finance.yahoo.com)