Articles tagged “royal caribbean cruises”

While consumer spending was key for Royal Caribbean's first quarter, demand across the board has led the company to its highest-ever revenue in the second quarter.

While her size is making headlines, it is her sustainability efforts that should be applauded.

Destinations, cruise service providers and the government have been sitting up and taking note of the country’s potential in generating revenues and jobs. Now only if the sailing is smooth.

No doubt the relaxation of Covid restrictions made the jobs of cruise industry executives easier.

Royal Caribbean is sailing along on several trends —strong economic conditions, travel interest in experiences and pent-up demand— to get out of the red.

Royal Caribbean seems confident it's smooth sailing now that the pandemic is over and passengers are ready to spend their savings on cruise experiences. But a potential recession could mess with all that.

Royal Caribbean is sailing off the boost from the relaxation of Covid protocols. Its executives says business has returned to normal. But that's not exactly right, since it won't ever be back to normal without one important market: China.

Royal Caribbean — like its rivals in the cruise industry — has had a brutal last two years. But it can finally see a light at the end of tunnel in large part because it fully believes that consumers aren't deterred by rising prices.

"Just when you thought it was safe to go back into the water" was the tag line for the movie Jaws 2. But the words may apply to the cruise industry now, given surging infections in cities worldwide. Yet, if you've spent any time with frequent cruise-goers, you know they'll be back booking as soon as it's safe.

Given the longstanding critique of the cruise industry's business model, some critics were pleasantly surprised when U.S. Congress declined to give federal assistance to the industry back in April. Few noticed when the UK did just that as part of its Covid-19 corporate recovery package.