Royal Caribbean Group (RCL) has recently made a number of strategic moves set to increase its market dominance, such as raising its dividend by 38%, signing an agreement with Meyer Turku for the next ship in its revolutionary Icon Class, and adding options for additional Icon Class ships. The company also reported strong Q3 2024 earnings, highlighting robust growth, and has introduced an industry-first loyalty status match program across its brands. Significantly, RCL shares a comprehensive update on its decarbonization journey and announces a global partnership with Hard Rock International, Seminole Gaming, Royal Caribbean International and Celebrity Cruises, aiming at enhancing travel benefits. The Group continues to exceed analysts' expectations with steady positive performance, hitting fresh highs with stock up over 150% in the last year. The company also clears entry and announces the completion of $1.5 billion offering of senior unsecured notes to refinance existing indebtedness. The stock remains a favorite among institutional investors controlling 82% of the company. Finally, RCL shows its resilience against environmental liabilities by settling an EPA fine for alleged waste reporting violations.
Royal Caribbean Group RCL News Analytics from Thu, 01 Feb 2024 08:00:00 GMT to Thu, 26 Dec 2024 15:35:00 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor 6
