Majesty of the Seas made her debut in New Orleans early in 2020 after a US government travel ban to Cuba forced her redeployment Royal Caribbean had been absent from New Orleans for several years, while competition has been dominating the market for the past decade. Based on the information provided, please answer the following: 1. What price relationship are you noticing between Majesty of the Seas and competition? Why do you think this relationship exists? 2. What concerns might you have on a Cabin Type level on Majesty of the Seas and how would you address them, if you were the revenue analyst at the time? Ships Comparison Ship Majesty of the Seas Built 1992, Refurbished 2016 Age Carnival Glory NCL. Getaway Built 2003, Refurbished , Built 2013, Refurbished 2017 2019 Western Caribbean Mahogany Bay, Belize, Costa Western Caribbean - Belize, Maya & Cozumel: Eastern Roatan, Cozumel, Costa Caribbean. Key West, Maya Freeport & Nassau Itinerary Bahamas, perfect day Bahamas, Perfect Day Capacity 2,744 2,980 3,963 Number of Staterooms 1,193 1,512 2,014 63 By Cabin Type: Suites Balconies Oceanviews Insides 54 541 340 577 370 998 156 449 670 460 Lowest Available Fares Majesty of the Seas - % of Cabins Booked Suites RCI CCL NCL Balconies RCI CCL NCL Oceanviews RCI CCL NCL Insides RCI CCL NCL Month Suites Oceanviews Insides Total Mar $2,289 $1,249 $1,109 Mar $799 $849 Mar $609 $559 $679 Mar $559 $469 $459 Mar 87% 100% Apr $1,639 $1,309 $1,199 Apr Apr $459 $589 $629 Apr Apr $809 $749 $849 72% 99% 96% 78% $409 $499 $629 $539 $499 66% 70% May $1,609 $1,509 May May $659 $589 May 66% May Jun 94% 70% 69% 72% 54% 20% Jun Jun $1,209 Jun $799 $939 Jun 63% 66% $2,059 $1,719 $2,099 $1,619 $1,589 $1,079 $729 $779 $729 $769 Jul Jul $1,179 Jul $809 $909 Jul 49% Jul Aug 50% 19% 81% 60% 23% Aug Aug $749 Aug Aug $329 $429 18% $379 $539 $469 $539 Sep $1,489 $1,159 Sep $749 Sep Sep $399 $439 Sep 31% 31% 30% 26% 30% 28% Oct Oct $829 Oct Oct $439 $469 19% 22% 28% Oct $1,699 $1,439 $1,899 $1,349 $1,869 Nov Nov $829 $1,369 Nov $489 $589 $549 $579 $,1299 $599 $639 $1,089 Nov $499 $469 $579 Nov 17% 19% 20% 16% Dec $2,339 $2,269 $1,789 Dec $809 $1,239 Dec Dec $549 $539 $749 Dec 20% 15% 16% Majesty of the Seas made her debut in New Orleans early in 2020 after a US government travel ban to Cuba forced her redeployment Royal Caribbean had been absent from New Orleans for several years, while competition has been dominating the market for the past decade. Based on the information provided, please answer the following: 1. What price relationship are you noticing between Majesty of the Seas and competition? Why do you think this relationship exists? 2. What concerns might you have on a Cabin Type level on Majesty of the Seas and how would you address them, if you were the revenue analyst at the time? Ships Comparison Ship Majesty of the Seas Built 1992, Refurbished 2016 Age Carnival Glory NCL. Getaway Built 2003, Refurbished , Built 2013, Refurbished 2017 2019 Western Caribbean Mahogany Bay, Belize, Costa Western Caribbean - Belize, Maya & Cozumel: Eastern Roatan, Cozumel, Costa Caribbean. Key West, Maya Freeport & Nassau Itinerary Bahamas, perfect day Bahamas, Perfect Day Capacity 2,744 2,980 3,963 Number of Staterooms 1,193 1,512 2,014 63 By Cabin Type: Suites Balconies Oceanviews Insides 54 541 340 577 370 998 156 449 670 460 Lowest Available Fares Majesty of the Seas - % of Cabins Booked Suites RCI CCL NCL Balconies RCI CCL NCL Oceanviews RCI CCL NCL Insides RCI CCL NCL Month Suites Oceanviews Insides Total Mar $2,289 $1,249 $1,109 Mar $799 $849 Mar $609 $559 $679 Mar $559 $469 $459 Mar 87% 100% Apr $1,639 $1,309 $1,199 Apr Apr $459 $589 $629 Apr Apr $809 $749 $849 72% 99% 96% 78% $409 $499 $629 $539 $499 66% 70% May $1,609 $1,509 May May $659 $589 May 66% May Jun 94% 70% 69% 72% 54% 20% Jun Jun $1,209 Jun $799 $939 Jun 63% 66% $2,059 $1,719 $2,099 $1,619 $1,589 $1,079 $729 $779 $729 $769 Jul Jul $1,179 Jul $809 $909 Jul 49% Jul Aug 50% 19% 81% 60% 23% Aug Aug $749 Aug Aug $329 $429 18% $379 $539 $469 $539 Sep $1,489 $1,159 Sep $749 Sep Sep $399 $439 Sep 31% 31% 30% 26% 30% 28% Oct Oct $829 Oct Oct $439 $469 19% 22% 28% Oct $1,699 $1,439 $1,899 $1,349 $1,869 Nov Nov $829 $1,369 Nov $489 $589 $549 $579 $,1299 $599 $639 $1,089 Nov $499 $469 $579 Nov 17% 19% 20% 16% Dec $2,339 $2,269 $1,789 Dec $809 $1,239 Dec Dec $549 $539 $749 Dec 20% 15% 16%