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Royal Caribbean Jumps on Profit Outlook, Launch of River Cruises.

Authors :
Brown, Redd
Source :
Bloomberg.com; 1/28/2025, pN.PAG-N.PAG, 1p
Publication Year :
2025

Abstract

Royal Caribbean Cruises Ltd. reported a full-year profit forecast that exceeded expectations, leading to a 23% increase in profits. The company's shares rose, with booking rates reaching all-time highs at the start of the year. In addition to its ocean cruises, Royal Caribbean announced plans to launch a river cruise business through its luxury Celebrity Cruise line, causing shares of Viking Holdings Ltd. to drop. CEO Jason Liberty emphasized the company's commitment to delivering exceptional vacation experiences and capturing a larger share of the global vacation market. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
182504792