Royal Caribbean Group has experienced notable developments in recent times. Some of these include outperforming competitors on impressive trading days and instituting an agreement with
Meyer Turku for the next ship in its Icon Class. Despite insider selling by
Harri Kulovaara, the company has been steady, completing a
$1.5 billion offering of senior unsecured notes to refinance existing indebtedness. The last three years have seen
a splendid 42% CAGR, and this surge is expected to continue. They have also introduced an
industry-first loyal status match program across their brands and have forged new partnerships, like that with
Hard Rock International, Seminole Gaming, and Celebrity Cruises. Institutional investors hold
82% of the company, demonstrating high confidence in its performance. After a promising Q3, a Q4 earnings surge and record bookings hint at a
40% EPS spike. Royal Caribbean is also investing in a
decarbonization journey and has signed an agreement to build a cruise port in Juneau, Alaska.
Royal Caribbean Group RCL News Analytics from Thu, 01 Feb 2024 08:00:00 GMT to Fri, 06 Dec 2024 21:48:00 GMT -
Rating 8
- Innovation 7
- Information 6
- Rumor 1
