As per the USATODAY article from 2/13/07...."Rasulo also said Disney Cruise Line is 'primed' for growth beyond its two ships."
And announced last Thursday 2/22/07............
Ahead of the Bell: Disney Cruise Ships
AP
NEW YORK (AP) - Walt Disney Co.'s two new cruise ships, due to hit the waves in 2011 and 2012, could bring the entertainment company $900 million per year, a Deutsche Bank analyst said Friday.
Burbank, Calif.-based Disney said Thursday it will add two new ships to the Disney Cruise Lines fleet, doubling its size. The new vessels will have 1,250 staterooms each, and will be larger than Disney's two current cruise ships.
Analyst Doug Mitchelson said the cruise business brought in about $500 million in revenue in 2006, with each cruise about 95 percent full. Disney made around $275 per passenger per day in revenue, he said.
"The announcement is not surprising given the success of the first two cruise ships, creating a backlog of customers that Disney is having difficulty fully accommodating," he said.
Mitchelson said the ships will not affect Disney's results until they become operational, but will bring in about $900 million annually if occupancy rates stay the same. The analyst estimates each ship will cost about $1 billion to build - about twice as much as Disney's existing ships.
He kept a "Buy" rating and $42 price target on Disney shares, which closed at $35.16 Thursday on the New York Stock Exchange.
No mention about where the ships will be based, which is the relevant question for our area...............