There are certain stocks that look great when everything is perfect. Full cruise ships. Consumers flush with cash. Vacation budgets expanding. No macro hiccups. No geopolitical noise. No recession chatter. Unfortunately, sometimes reality shows up. And when it does, estimates move in the wrong direction. OneSpaWorld's revenue depends heavily on passenger spend per sailing. If occupancy softens or per-guest spending moderates even slightly, margins compress quickly. This isn't a diversified hospitality empir ...