Royal Caribbean lifts profit view again on cruise boom, higher prices

Soaring demand for vacations at sea has given cruise operators ample room to raise ticket prices as the industry looks to close the pricing gap between more expensive land-based holidays and give their profits a lift. Royal Caribbean also beat expectations for quarterly profit and revenue, with half of its yield growth coming from higher ticket pricing.

Apr 25, 2024 - 19:30
Apr 26, 2024 - 21:30
Royal Caribbean lifts profit view again on cruise boom, higher prices

Soaring demand for vacations at sea has given cruise operators ample room to raise ticket prices as the industry looks to close the pricing gap between more expensive land-based holidays and give their profits a lift. Royal Caribbean also beat expectations for quarterly profit and revenue, with half of its yield growth coming from higher ticket pricing.

Gestrs.com Gestrs's Team: Passionate travellers sharing adventures worldwide. Inspiring wanderlust, one destination at a time. Join us on our journey!