Hints and tips:
...So if you bought at the end of ’22 Royal Caribbean or Carnival Corporation, write a letter to Unhedged headquarters and we will send you your Unhedgie trophy....
...Silversea Cruises, operated by Royal Caribbean, has planned cruises in Asia that would call at Hong Kong in early 2023, despite not stopping at mainland Chinese ports....
...Corporate earnings: Car rental group Hertz, Spirit Airlines, Royal Caribbean Cruises and private equity firms KKR and Carlyle Group report earnings before the opening bell....
...With little income and massive fixed costs, the likes of Carnival, Royal Caribbean and Norwegian, all managed to raise tens of billions in new debt in the Fed-driven euphoria of 2020 and 2021....
...Cruise company Royal Caribbean launched another mega ship this week, Celebrity Beyond, which has a capacity of 3,950 passengers....
...Royal Caribbean has lost money in the past four quarters. Its net debt to estimated 2022 ebitda ratio is a scary 6 times, above Carnival Corporation’s near-5 times....
...In February, Royal Caribbean, the world’s second largest cruise company, said it had seen a 30 per cent uptick in new bookings since the start of the year, compared with the last two months of 2020....
...Richard Fain, chief executive of Royal Caribbean, the second-largest cruise line, said “a lot of people assume that you simply take what happens on land and apply it on to the sea” but the industry could...
...Royal Caribbean, the second-largest cruise line, issued $3.32bn of secured bonds in May but capped the amount that was backed by the company’s collateral at $1.66bn, due to a covenant that limited the amount...
...Royal Caribbean did not reply to a request for comment....
...Key reports Monday Occidental Petroleum Corp; Royal Caribbean Cruises Ltd Tuesday Home Depot; HSBC; Intuit; Occidental Petroleum; InterContinental Hotels Wednesday Booking; Lowe’s Companies; Royal...
...As of September, its cruise ships were on its books at more than €1.25bn. Roughly half were sold in February, admittedly to its joint venture with Royal Caribbean....
...Royal Caribbean, the second largest cruise company, has two liners scheduled to travel to China this year. No changes have been made to those plans....
...Part of their problem is that although much of their operations are in the US, their domicile is not: Carnival’s is Panama, Royal Caribbean’s is Liberia and Norwegian’s is Bermuda....
...Thousands of its tenants have refused to pay rent or sought to terminate their leases over the past month, including some big businesses such as the cruise ship operator Royal Caribbean....
...The company was born in 2000 in the shadow of the royal family....
...One of them changed names, from Mayfair Solutions Ltd to Private Equity Group Ltd, while maintaining its registration in the British Virgin Islands, a favoured destination for those seeking to disguise their...
...Mr Rogers is being replaced by Dominic Paul, who joins from Royal Caribbean, where he was in charged of the cruise operator’s international business outside of the US....
...He will be replaced at the helm of Costa by Dominic Paul, who joins from Royal Caribbean International, where he has been responsible for the cruise operator’s international business outside of the US....
...A Rolls-Royce bribery probe has spread to Nigeria, Royal Mail has posted in-line profits, Aston Villa has been sold....
...Whitbread said on Tuesday that Christopher Rogers, who was appointed managing director of the coffee chain in November 2012, would step down to be replaced by Dominic Paul, who joins from Royal Caribbean...
...Costa’s new barista-in-chief will be Dominic Paul from cruise group Royal Caribbean. Ms Brittain and he are likely to scrutinise the performance of Costa’s overseas arms carefully....
...He adds that Carnival may also launch a joint venture with the China State Shipbuilding Corporation and China Merchants Group to build a domestic Chinese cruise brand....
...Cruise ship operator Carnival slipped 2 per cent to $50.39 while Royal Caribbean Cruises fell 3.1 per cent to $92.02....
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