Hints and tips:
...Cruise operator Royal Caribbean International and German shipbuilder Meyer Werft have also used panels made by the same supplier, according to Paroc’s website....
...Separately, cruise operators Carnival and Royal Caribbean told the FT that a single boat in each of their fleets had been affected....
...Demographics are also on its side as baby boomers splurge on cruises. Yet despite the impressive run, only Royal Caribbean is near its pre-pandemic high....
...Then Covid hit, bringing the price of cruise ships down dramatically. In October 2020, Koch, along with Elwartowski and Romundt, purchased an ex-P&O Cruises vessel at the knockdown price of $9.5mn....
...International cruises are also returning to China, including Royal Caribbean and MSC Cruises, said Cleo Liu, general manager of cruise business for one of China’s largest online travel agencies, Trip.com...
...Cruise lines Royal Caribbean and Carnival are two of the 10 most heavily shorted companies in the S&P 500 but have confounded short sellers’ expectations by more than doubling in value so far this year....
...The likes of Carnival, Royal Caribbean and Norwegian were at risk of running aground in 2020. A lacklustre recovery followed in 2021 and 2022....
...Rivals Norwegian Cruise Line and Royal Caribbean are also benefiting, as more holidaymakers return to the sea as the pandemic fades....
...Jason Liberty, Royal Caribbean’s chief executive, told analysts on Thursday that demand for the coming nine months “is so much stronger than our already robust expectations”, as the cruise line operator...
...Robert ArmstrongThe number three and four best-performing stocks in the S&P 500 with total returns of 144 and 125 per cent, respectively, are Royal Caribbean Cruises and Carnival Cruise Lines....
...Its sells were Halliburton, Norwegian Cruise Line, Royal Caribbean, United Airlines and Macy’s. How does any of that work? Dunno. There’s no way of asking....
...Other earnings: Aerospace and defence contractor Northrop Grumman, payments processor Mastercard, pharmaceutical company Bristol-Myers Squib, confectioner Hershey, cruise line Royal Caribbean, industrials...
...Royal Caribbean, one of the world’s largest cruise lines, on Thursday said its business was “firing on all cylinders” because of “exceptionally strong” demand for cruises and a “step change” in bookings...
...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....
...Hedge funds have lost more than $6bn this year betting against cruise lines and hotels....
...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....
...More earnings: Aerospace and defence contractor Northrop Grumman, payments processor Mastercard, pharmaceutical company Bristol-Myers Squib, confectioner Hershey, cruise line Royal Caribbean, industrials...
...Royal Caribbean and Norwegian hedge on fuel costs. For 2022, for instance, Royal Caribbean is 56 per cent hedged at below-market rates....
...Every Sunday before sunrise, the world’s largest cruise ship, Royal Caribbean’s Wonder of the Seas, sweeps into Barcelona’s port....
...Royal Caribbean is offering cruises to all of its destinations except China, which is closed off due to pandemic-induced lockdowns....
...The cruise line has enough cash to meet interest payments for more than four years at past rates....
...Cruise company Royal Caribbean launched another mega ship this week, Celebrity Beyond, which has a capacity of 3,950 passengers....
...Royal Caribbean, the world’s second largest cruise group, has said that it expects to be profitable in 2022 even as it posted another quarter with losses of more than $1bn....
...Some of these companies (Delta, Carnival, Royal Caribbean, United) took on a lot of debt to make it though the pandemic, which will depress their valuations....
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