Royal Caribbean Group (RCL)

Royal Caribbean Group Declares DividendMay 5, 2026 4:15 PM
PR Newswire (US) MIAMI, May 5, 2026 /PRNewswire/ -- The Board of Directors of Royal Caribbean Group (NYSE: RCL) today declared a quarterly dividend of $1.50 per common share payable on July 2, 2026, to shareholders of record at the close of business on June 3, 2026.  About Royal Caribbean Group
Royal Caribbean Group is a leading global vacation company spanning cruise, exclusive destinations, and land-based vacation experiences. The company operates 69 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands -Royal Caribbean, Celebrity Cruises, and Silversea - and a 50% joint venture interest in TUI Cruises which operates the Mein Schiff and Hapag-Lloyd brands.The Group is expanding its portfolio of private destinations from three to eight by 2028 through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.Named to the Fortune World's Most Admired Companies 2026 list and to Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit www.royalcaribbeangroup.com. View original content to download multimedia:https://www.prnewswire.com/news-releases/royal-caribbean-group-declares-dividend-302763224.htmlSOURCE Royal Caribbean Group Original: Royal Caribbean Group Declares Dividend

Shorts working overtime today

Royal Caribbean beats Q1 estimates as demand drives strong performanceApril 30, 2026 10:02 AM
IH Market News
Royal Caribbean Group (NYSE:RCL) reported first-quarter results on Thursday that came in ahead of expectations, supported by robust travel demand.Adjusted earnings per share reached $3.60, exceeding the analyst consensus of $3.22, as the cruise operator capitalized on strong bookings following a record WAVE season. Revenue climbed 11% year-over-year to $4.5 billion, slightly above the $4.46 billion forecast.The company issued full-year adjusted EPS guidance of $17.10 to $17.50, with a midpoint of $17.30. This outlook includes an estimated $0.62 per share impact from higher-than-expected fuel costs at current prices, along with disruptions to Middle East itineraries linked to geopolitical tensions. It also reflects savings from lower non-fuel expenses and the benefit of $836 million in share repurchases completed during the quarter.Shares rose 5.1% following the announcement.“Our strong first quarter results and record WAVE season demonstrate the exceptional appeal and compelling value proposition of our trusted brands, industry-leading ships, and destinations,” said Chairman and CEO Jason Liberty.The company noted that bookings slowed in March and early April for Mediterranean and West Coast of Mexico routes due to geopolitical concerns, but have since rebounded and are now running ahead of the same period last year.Net yields increased 3.6% on a reported basis and 2.0% in constant currency, outperforming guidance thanks to stronger pricing driven by late-stage demand and onboard spending.For the second quarter, Royal Caribbean expects adjusted EPS between $3.83 and $3.93. Net yields are projected to rise about 0.9% as reported and 0.2% in constant currency, reflecting greater exposure to itineraries impacted by recent global events.During the quarter, the company carried 2.5 million guests, up 12% year-over-year, with a load factor of 109%.Royal Caribbean stock price

Original: Royal Caribbean beats Q1 estimates as demand drives strong performance

ROYAL CARIBBEAN GROUP REPORTS FIRST QUARTER RESULTS THAT EXCEEDED EXPECTATIONS AND PROVIDES AN UPDATE TO FULL YEAR GUIDANCEApril 30, 2026 6:30 AM
PR Newswire (US)

MIAMI, April 30, 2026 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) today reported first quarter Earnings per Share ("EPS") of $3.48 and Adjusted EPS of $3.60. These results were better than the company's guidance due to more favorable revenue, lower costs, and better performance from joint ventures. During the first quarter, the company returned approximately $1.1 billion to shareholders through $836 million of share repurchases and $270 million of dividend payments. Following a record WAVE season, the company continues to see strong demand across its vacation portfolio. Bookings moderated in March and early April for Mediterranean and West Coast of Mexico itineraries due to geopolitical developments. However, they have now recovered and are currently running at a higher pace than the same time last year. The company now expects Adjusted EPS to be in the range of $17.10 to $17.50. The updated guidance reflects higher than anticipated fuel costs (based on current at-the-pump rates) and an impact on Middle Eastern itineraries of TUI Cruises from geopolitical events, as well as lower non-fuel costs and the benefit from recent share repurchases. 







"Our strong first quarter results and record WAVE season demonstrate the exceptional appeal and compelling value proposition of our trusted brands, industry-leading ships, and destinations," said Jason Liberty, Chairman and CEO, Royal Caribbean Group. "Demand for our experiences continues to be strong, and we remain focused on delivering the best vacations responsibly, accelerating revenue growth, and managing costs, all while continuing to invest in our future and drive further differentiation. We expect another year of double-digit revenue and earnings growth, driven by consumers' preference for our leading brands and expanding portfolio - all supported by our strong booked position, leading margin profile, and fortified balance sheet.""We continue to execute on our innovation pipeline and broaden our vacation ecosystem in ways that further strengthen our long-term growth trajectory," Liberty added. "We are expanding our portfolio through the recent launch of Royal Beach Club Santorini, the upcoming delivery of Legend of the Seas, and the recent orders for Icon VI and Icon VII. Of particular note are the steps we are taking to enhance our loyalty ecosystem, including the recent introduction of the Royal ONE credit card. This is one further step to deepen guest engagement and to position us to capture a greater share of the large and growing global vacation market."First Quarter 2026: Total revenue was $4.5 billion, an 11% increase year over year. Load factor in the first quarter was 109%.Gross Margin Yields increased 6.9% as-reported. Net Yields increased 3.6% as-reported and 2.0% in Constant Currency.Gross Cruise Costs per Available Passenger Cruise Days ("APCD") decreased 1.0% as-reported. Net Cruise Costs ("NCC"), excluding Fuel, per APCD increased 0.6% as-reported and decreased 0.5% in Constant Currency.Net Income was $0.9 billion or $3.48 per share, Adjusted Net Income was $1.0 billion or $3.60 per share, and Adjusted EBITDA was $1.7 billion.Full Year 2026 Outlook:Revenue is expected to grow roughly 10% year over year. Net Yields are expected to increase 2.3% to 3.3% as-reported and 1.5% to 2.5% in Constant Currency, driven by recent geopolitical developments which affected Mediterranean and West Coast of Mexico itineraries.NCC, excluding Fuel, per APCD are expected to increase approximately 0.5% as-reported and be approximately flat in Constant Currency.Fuel costs, based on current at-the-pump rates, net of hedging, are expected to be approximately $1.3 billion, or $0.62 per share higher than prior guidance. The company is 59% hedged for the remainder of 2026 at below market rates.Adjusted EPS is expected to be in the range of $17.10 to $17.50, representing 11% year over year growth, and a 21% CAGR over the first two years of the company's Perfecta program, which targets a 20% earnings CAGR from 2024 to 2027 and ROIC in the high teens by 2027.First Quarter 2026 ResultsNet Income for the first quarter of 2026 was $0.9 billion or $3.48 per share compared to Net Income of $0.7 billion or $2.70 per share for the same period in the prior year. Adjusted Net Income was $1.0 billion or $3.60 per share for the first quarter of 2026 compared to Adjusted Net Income of $0.7 billion or $2.71 per share for the same period in the prior year. The company also reported total revenues of $4.5 billion and Adjusted EBITDA of $1.7 billion.Capacity for the first quarter was up 8% year over year and the company delivered memorable vacations to 2.5 million guests, a 12% increase year over year. Total revenue increased 11% year over year. Gross Margin Yields increased 6.9% as-reported, and Net Yields increased 3.6% as-reported (2.0% in Constant Currency), when compared to the first quarter of 2025. Load factor for the quarter was 109%. Net Yield growth exceeded the company's guidance mainly due to higher pricing across key products driven by strong close-in demand and onboard revenue.Gross Cruise Costs per APCD decreased 1.0% as-reported, compared to the first quarter of 2025. NCC, excluding Fuel, per APCD increased 0.6% as-reported (and decreased 0.5% in Constant Currency), when compared to the first quarter of 2025.Update on Bookings and Onboard RevenueThe overall demand environment remains strong, and during April, bookings continued to exceed the same period last year, including continued strength in close-in bookings. As a result, the company's booked position enjoys record prices with volumes within historical ranges. Bookings for high-yielding Mediterranean itineraries, which began the year on an exceptionally strong trajectory, moderated following recent geopolitical developments late in the first quarter, partially driven by increased air travel costs, airline capacity reductions, and flight disruptions. In recent weeks, bookings for Mediterranean itineraries have been rebounding for the limited remaining inventory. These factors mainly affect the second and third quarters when these high-yielding itineraries represent a larger share of deployment. Bookings for West Coast of Mexico itineraries also moderated during the quarter, reflecting geopolitical-related considerations specific to that region.Onboard revenue trends remain strong, with onboard spending continuing to exceed prior-year levels. This is driven by both guests' growing demand for onboard and destination experiences and the company's continued expansion of product offerings both on ship and at destinations. These trends are also supported by more effective and targeted engagement, ensuring the right experiences are matched with the right guests."Demand for our vacations remains healthy, with consumers continuing to prioritize experiences even as they navigate the impact of global events," said Naftali Holtz, Chief Financial Officer, Royal Caribbean Group. "Travel remains a priority for consumers, with guests becoming more selective and value-focused in how and where they choose to travel. That dynamic aligns well with the attractive value proposition of our experiences, which is why we have done so well historically, even during times of uncertainty."Second Quarter 2026Net Yields are expected to increase approximately 0.9% as-reported and approximately 0.2% in Constant Currency as compared to 2025. The second quarter has higher exposure to higher-yielding itineraries affected by recent global events, with these dynamics also impacting the third quarter.NCC, excluding Fuel, per APCD, is expected to increase 4.9% to 5.4% as-reported and 4.6% to 5.1% in Constant Currency as compared to 2025. Second quarter cost growth is impacted by significantly increased drydock days year over year, as well as elevated crew movement costs.Based on current fuel pricing, interest rates, currency exchange rates and the factors detailed above, the company expects second quarter Adjusted EPS to be in the range of $3.83 to $3.93. Adjusted EPS growth for the second quarter would have been approximately 11% excluding geopolitical impacts and other items affecting year-over-year comparability, including the timing of drydocks.Fuel ExpenseBunker pricing, net of hedging, for the first quarter was $613 per metric ton and consumption was 432,000 metric tons.The company does not forecast fuel prices and its fuel cost calculations are based on current at-the-pump prices, net of hedging impacts. Based on current fuel prices, the company has included?$346 million?of fuel expense in its second quarter guidance at a forecasted consumption of 423,000 metric tons, which is 60% hedged via swaps. For the full year, the company expects fuel expense to be approximately $1.3 billion based on current at-the-pump prices, net of hedging impacts; however, fuel expense would be approximately 4% lower if rates were based on the forward curve.Forecasted consumption is 59%, 49%, 30%, and 15% hedged via swaps for 2026, 2027, 2028, and 2029 respectively. The annual average cost per metric ton of the hedge portfolio is approximately $475, $408, $424, and $451 for 2026, 2027, 2028, and 2029 respectively.The company provided the following guidance for the second quarter and full year 2026:FUEL STATISTICSSecond Quarter 2026Full Year 2026Fuel Consumption (metric tons)423,0001,755,000Fuel Expenses$346 million$1,349 million
Second Quarter 2026Remainder of Year 2026Percent Hedged (fwd. consumption)60.0 %59.0 %


GUIDANCEAs-ReportedConstant Currency
Second Quarter 2026Net Yields vs. 2025Approximately 0.9%Approximately 0.2%Net Cruise Costs per APCD vs. 20256.8% to 7.3%6.5% to 7.0%Net Cruise Costs per APCD ex. Fuel vs. 20254.9% to 5.4%4.6% to 5.1%
Full Year 2026Net Yields vs. 20252.3% to 3.3%1.5% to 2.5%Net Cruise Costs per APCD vs. 2025Approximately 1.9%Approximately 1.5%Net Cruise Costs per APCD ex. Fuel vs. 2025Approximately 0.5%Approximately flat


GUIDANCESecond Quarter 2026Full Year 2026APCDs13.6 million56.9 millionCapacity change vs. 20254.9 %6.7 %Depreciation and amortization$465 to $475 million$1,910 to $1,920 millionNet Interest, excluding loss on extinguishment of debt$230 to $240 million$985 to $995 millionAdjusted EPS$3.83 to $3.93$17.10 to $17.50


SENSITIVITYSecond Quarter 2026Full Year 20261% Change in Net Yields$38 million$156 million1% Change in NCC excluding Fuel$17 million$73 million
Second Quarter 2026Remainder of Year 20261% Change in Currency$5 million$19 million10% Change in Fuel prices$12 million$39 million100 basis pt. Change in SOFR$1 million$8 million

Exchange rates used in guidance calculations
GBP$1.36
AUD$0.72
CAD$0.73
EUR$1.18
LiquidityAs of March 31, 2026, the Group's liquidity position was $6.9 billion, which includes cash and cash equivalents and undrawn revolving credit facility capacity.In February 2026, the company issued $1.25 billion of 4.750% senior unsecured notes due 2033 and $1.25 billion of 5.250% senior unsecured notes due 2038. Proceeds from the offerings were used to refinance senior notes maturing in 2026, with remaining proceeds applied toward the repayment of other existing indebtedness, including term loans. These actions extended the company's maturity profile and reduced near-term debt maturities.Also during the quarter, the company purchased 2.9 million of its shares for a total of $836 million. The company has $1.0 billion remaining under its current share repurchase program authorization.The company noted that as of March 31, 2026, the scheduled debt maturities for 2026, 2027, 2028, 2029 and 2030 were $1.2 billion, $2.5 billion, $3.1 billion, $1.1 billion, and $1.0 billion respectively."With a very strong financial position underpinned by an investment grade balance sheet, ample liquidity, and strong cash flow generation, we are well positioned to continue investing in the business while navigating a dynamic environment," said Naftali Holtz, Chief Financial Officer, Royal Caribbean Group.Capital Expenditures and Capacity GuidanceCapital expenditures for the full year 2026 are expected to be approximately $5 billion, based on current foreign exchange rates and are predominantly related to the company's new ship order book and land-based destination initiatives. The company expects to take delivery of Legend of the Seas in the second quarter of 2026 and has committed financing in place. In April the company also announced orders for Icon VI, with committed financing in place, and Icon VII, which is subject to customary closing conditions including financing. Non-new ship related capital expenditures are expected to be $1.8 billion, a significant portion of which includes the company's previously announced private destinations under development.Capacity changes for 2026 are expected to be 6.7% compared to 2025. Capacity changes for 2027, 2028, and 2029 are expected to be 4%, 6%, and 7%, respectively. These figures do not include potential ship sales or additions that the company may elect in the future.Conference call scheduled The company has scheduled a conference call at 10 a.m. Eastern Time today. This call can be heard, either live or on a delayed basis, on the company's investor relations website at www.rclinvestor.com.DefinitionsSelected Operational and Financial MetricsAdjusted Earnings per Share ("Adjusted EPS") is a non-GAAP measure that represents Adjusted Net Income attributable to Royal Caribbean Cruises Ltd. (as defined below) divided by weighted average shares outstanding or by diluted weighted average shares outstanding, as applicable. We believe that this non-GAAP measure is meaningful when assessing our performance on a comparative basis.Adjusted EBITDA is a non-GAAP measure that represents EBITDA (as defined below) excluding certain items that we believe adjusting for is meaningful when assessing our profitability on a comparative basis. For the periods presented, these items included (i) other income; and (ii) restructuring charges and other initiative expenses.Adjusted EBITDA Margin is a non-GAAP measure that represents Adjusted EBITDA (as defined above) divided by total revenues.Adjusted Gross Margin represents Gross Margin, adjusted for payroll and related, food, fuel, other operating, and depreciation and amortization expenses. Gross Margin is calculated pursuant to GAAP as total revenues less total cruise operating expenses, and depreciation and amortization.Adjusted Net Income attributable to Royal Caribbean Cruises Ltd. is a non-GAAP measure that represents Net Income attributable to Royal Caribbean Cruises Ltd., excluding certain items that we believe adjusting for is meaningful when assessing our performance on a comparative basis. For the periods presented, these items included (i) loss on extinguishment of debt and inducement expense; (ii) restructuring charges and other initiatives expenses; and (iii) the amortization of the Silversea intangible assets resulting from the Silversea acquisition.Adjusted Operating Income is a non-GAAP measure that represents operating income including income from equity investments and provision for income taxes but excluding certain items for which we believe adjusting for is meaningful when assessing our operating performance on a comparative basis. We use this non-GAAP measure to calculate ROIC (as defined below).Available Passenger Cruise Days ("APCD") is our measurement of capacity and represents double occupancy per cabin multiplied by the number of cruise days for the period, which excludes canceled cruise days and cabins not available for sale. We use this measure to perform capacity and rate analysis to identify our main non-capacity drivers that cause our cruise revenue and expenses to vary.Constant Currency is a significant measure for our revenues and expenses, which are denominated in currencies other than the U.S. Dollar. Because our reporting currency is the U.S. Dollar, the value of these revenues and expenses in U.S. Dollar will be affected by changes in currency exchange rates. Although such changes in local currency prices are just one of many elements impacting our revenues and expenses, it can be an important element. For this reason, we also monitor our revenues and expenses in "Constant Currency" - i.e., as if the current period's currency exchange rates had remained constant with the comparable prior period's rates. We calculate "Constant Currency" by applying the average of the prior period exchange rates for each of the corresponding months, of the reported and/or forecasted period, so as to calculate what the results would have been had exchange rates been the same throughout both periods. We do not make predictions about future exchange rates and use current exchange rates for calculations of future periods. It should be emphasized that the use of Constant Currency is primarily used by us for comparing short-term changes and/or projections. Over the longer term, changes in guest sourcing and shifting the amount of purchases between currencies can significantly change the impact of the purely currency-based fluctuations.EBITDA is a non-GAAP measure that represents Net Income attributable to Royal Caribbean Cruises Ltd. excluding (i) interest income; (ii) interest expense, net of interest capitalized; (iii) depreciation and amortization expenses; and (iv) provision for income taxes. We believe that this non-GAAP measure is meaningful when assessing our operating performance on a comparative basis.Gross Cruise Costs represent the sum of total cruise operating expenses plus marketing, selling and administrative expenses.Gross Margin Yield represent Gross Margin per APCD.Invested Capital represents the most recent five-quarter average of total debt (i.e., Current portion of long-term debt plus Long-term debt) plus the most recent five-quarter average of Total shareholders' equity. We use this measure to calculate ROIC (as defined below).Net Cruise Costs and Net Cruise Costs excluding Fuel are non-GAAP measures that represent Gross Cruise Costs excluding commissions, transportation and other expenses, and onboard and other expenses and, in the case of Net Cruise Costs excluding Fuel, fuel expenses. In measuring our ability to control costs in a manner that positively impacts net income, we believe changes in Net Cruise Costs and Net Cruise Costs excluding Fuel to be the most relevant indicators of our cost performance. For the periods presented, Net Cruise Costs and Net Cruise Costs excluding Fuel excludes restructuring charges and other initiative expenses.Net Yields represent Adjusted Gross Margin per APCD. We utilize Adjusted Gross Margin and Net Yields to manage our business on a day-to-day basis as we believe that they are the most relevant measures of our pricing performance because they reflect the cruise revenues earned by us net of our most significant variable costs, which are commissions, transportation and other expenses, and onboard and other expenses.Occupancy ("Load factor"), in accordance with cruise vacation industry practice, is calculated by dividing Passenger Cruise Days (as defined below) by APCD. A percentage in excess of 100% indicates that three or more passengers occupied some cabins.Passenger Cruise Days ("PCD") represent the number of passengers carried for the period multiplied by the number of days of their respective cruises.Perfecta Program refers to the multi-year Adjusted EPS and ROIC goals we are seeking to achieve by end of 2027. Under our Perfecta Program, we are targeting 20% compound annual growth rate in Adjusted EPS compared to 2024 and ROIC of 17% or higher by the end of 2027.Return on Invested Capital ("ROIC") represents Adjusted Operating Income divided by Invested Capital. We believe ROIC is a meaningful measure because it quantifies how efficiently we generated operating income relative to the capital we have invested in the business.For additional information see "Adjusted Measures of Financial Performance" below.About Royal Caribbean Group
Royal Caribbean Group is a leading global vacation company spanning cruise, exclusive destinations, and land-based vacation experiences. The company operates 69 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands -Royal Caribbean, Celebrity Cruises, and Silversea - and a 50% joint venture interest in TUI Cruises which operates the Mein Schiff and Hapag-Lloyd brands.The Group is expanding its portfolio of private destinations from three to eight by 2028 through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.Named to the Fortune World's Most Admired Companies 2026 list and to Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit www.royalcaribbeangroup.com.Cautionary Statement Concerning Forward-Looking Statements
Certain statements in this press release relating to, among other things, our future performance estimates, forecasts and projections constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to: statements regarding revenues, costs and financial results for 2026 and beyond; anticipated timing for launch of private destinations; our progress toward achievement of our Perfecta program; demand for our brands; expectations on timing for river cruise offerings; future capital expenditures; and expectations regarding our credit profile and fuel expenses. Words such as "anticipate," "believe," "committed," "could," "driving," "estimate," "expect," "goal," "intend," "may," "plan," "encouraged," "project," "shaping up," "position," "allows," "seek," "should," "will," "would," "considering," and similar expressions are intended to help identify forward-looking statements. Forward-looking statements reflect management's current expectations, are based on judgments, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. Examples of these risks, uncertainties and other factors include, but are not limited to, the following: the impact of the economic and geopolitical environment, including changing tariffs and the related uncertainty thereof, on key aspects of our business, such as the demand for cruises, passenger spending, and operating costs; changes in operating costs; the unavailability or cost of air service; disease outbreaks and increased concern about the risk of illness on our ships or when travelling to or from our ships, which could cause a decrease in demand, guest cancellations, and ship redeployments; incidents or adverse publicity concerning our ships, port facilities, land destinations and/or passengers or the cruise vacation industry in general; the effects of weather, climate events and/or natural disasters on our business; risks related to our sustainability activities; the impact of issues at shipyards, including ship delivery delays, ship cancellations or ship construction cost increases; shipyard unavailability; unavailability of ports of call; vacation industry competition and increase in industry capacity and overcapacity; inability to manage our cost and capital allocation strategies; the uncertainties of conducting business globally and expanding into new markets and new ventures, including potential acquisitions; issues with travel advisers that sell and market our cruises; reliance on third-party service providers; potential unavailability of insurance coverage; the risks and costs related to cyber security attacks, data breaches, protecting our systems and maintaining data integrity and security; uncertainties of a foreign legal system as we are not incorporated in the United States; our ability to obtain sufficient financing or capital to fund our capital expenditures, operations, debt repayments and other financing needs; our expectation and ability to pay a cash dividend on our common stock in the future; changes to our dividend policy; growing anti-tourism sentiments and environmental concerns; changes in U.S. or other countries' foreign travel policy; impact of new or changing legislation and regulations (including environmental regulations) or governmental orders on our business; fluctuations in foreign currency exchange rates, fuel prices and interest rates; further impairments of our goodwill, long-lived assets, equity investments and notes receivable; an inability to source our crew or our provisions and supplies from certain places; our ability to recruit, develop and retain high quality personnel; and pending or threatened litigation, investigations and enforcement actions.More information about factors that could affect our operating results is included under the caption "Risk Factors" in our most recent annual report on Form 10-K, as well as our other filings with the SEC, copies of which may be obtained by visiting our Investor Relations website at www.rclinvestor.com or the SEC's website at www.sec.gov. Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to us on the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.Adjusted Measures of Financial Performance
This press release includes certain adjusted financial measures defined as non-GAAP financial measures under Securities and Exchange Commission rules, which we believe provide useful information to investors as a supplement to our consolidated financial statements, which are prepared and presented in accordance with generally accepted accounting principles, or U.S. GAAP.The presentation of adjusted financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with U.S. GAAP. These measures may be different from adjusted measures used by other companies. In addition, these adjusted measures are not based on any comprehensive set of accounting rules or principles. Adjusted measures have limitations in that they do not reflect all of the amounts associated with our results of operations as do the corresponding U.S. GAAP measures.A reconciliation to the most comparable U.S. GAAP measure of all adjusted financial measures included in this press release can be found in the tables included at the end of this press release. We have not provided a quantitative reconciliation of the projected non-GAAP financial measures to the most comparable GAAP financial measures because preparation of meaningful U.S. GAAP projections would require unreasonable effort. Due to significant uncertainty, we are unable to predict, without unreasonable effort, the future movement of foreign exchange rates, fuel prices and interest rates inclusive of our related hedging programs. In addition, we are unable to determine the future impact of non-core business related gains and losses which may result from strategic initiatives. These items are uncertain and could be material to our results of operations in accordance with U.S. GAAP. Due to this uncertainty, we do not believe that reconciling information for such projected figures would be meaningful.ROYAL CARIBBEAN CRUISES LTD.CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(unaudited, in millions, except per share data)




Quarter Ended
March 31,
2026
2025Passenger ticket revenues$         3,021
$       2,744Onboard and other revenues1,431
1,255Total revenues4,452
3,999Cruise operating expenses:


  Commissions, transportation and other564
522  Onboard and other212
200  Payroll and related400
340  Food264
239  Fuel265
277  Other operating542
500Total cruise operating expenses2,247
2,079Marketing, selling and administrative expenses582
562Depreciation and amortization expenses461
412Operating Income 1,162
945Other income (expense):


  Interest income5
2  Interest expense, net of interest capitalized(278)
(249)  Equity investment income84
48  Other income2
5Income before income taxes976
751Provision for income taxes(26)
(16)Net Income950
736Less: Net Income attributable to noncontrolling interest8
6Net Income attributable to Royal Caribbean Cruises Ltd.$           941
$         730



Earnings per Share:


Basic$          3.49
$        2.71Diluted$          3.48
$        2.70



Weighted-Average Shares Outstanding:


Basic270
269Diluted271
276



Comprehensive Income (Loss)


Net Income$           950
$         736Other comprehensive income (loss):


  Foreign currency translation adjustments—
(17)  Change in defined benefit plans(2)
(4)  Gain on cash flow derivative hedges221
128Total other comprehensive income220
107Comprehensive Income 1,170
842Less: Comprehensive Income attributable to noncontrolling interest8
6Comprehensive Income attributable to Royal Caribbean Cruises Ltd.$         1,161
$         837__________________________________________________Certain amounts may not add or calculate due to use of rounded numbers. ROYAL CARIBBEAN CRUISES LTD.STATISTICS(unaudited)

Quarter Ended
March 31,
2026
2025



Passengers Carried2,509,672
2,241,673Passenger Cruise Days14,873,199
13,768,332APCD13,702,703
12,657,992Occupancy108.5 %
108.8 % ROYAL CARIBBEAN CRUISES LTD.CONSOLIDATED BALANCE SHEETS(in millions, except share data)
As of
March 31,
December 31,
2026
2025
(unaudited)

Assets


Current assets


  Cash and cash equivalents$                512
$                825  Trade and other receivables, net479
317  Inventories271
264  Prepaid expenses and other assets719
690  Derivative financial instruments223
115Total current assets2,204
2,211  Property and equipment, net35,884
35,696  Operating lease right-of-use assets611
620  Goodwill808
808  Other assets2,483
2,284Total assets$             41,990
$             41,619



Liabilities and Shareholders' Equity


Current liabilities


  Current portion of long-term debt$              1,448
$              3,180  Current portion of operating lease liabilities79
90  Accounts payable1,010
953  Accrued expenses and other liabilities1,968
2,026  Derivative financial instruments12
67  Customer deposits6,548
5,739Total current liabilities11,065
12,055  Long-term debt19,666
18,165  Long-term operating lease liabilities599
600  Other long-term liabilities632
554Total liabilities31,962
31,374



Shareholders' equity


  Preferred stock ($0.01 par value; 20,000,000 shares authorized; none outstanding)—
—  Common stock ($0.01 par value; 500,000,000 shares authorized; 303,822,400  and 303,054,848 shares
  issued, March 31, 2026 and December 31, 2025, respectively)3
3  Paid-in capital7,867
7,964  Retained earnings6,460
5,925  Accumulated other comprehensive loss(385)
(604)  Treasury stock (35,631,237 and 32,631,826 common shares at cost, at March 31, 2026 and December 31,
  2025, respectively)(4,135)
(3,251)Total shareholders' equity attributable to Royal Caribbean Cruises Ltd.9,810
10,037  Noncontrolling Interest218
208Total shareholders' equity10,028
10,245Total liabilities and shareholders' equity$             41,990
$             41,619 ROYAL CARIBBEAN CRUISES LTD.CONSOLIDATED STATEMENTS OF CASH FLOW(unaudited; in millions)
Three Months Ended March 31,
2026
2025Operating Activities


Net Income$             950
$             736Adjustments:


  Depreciation and amortization461
412  Net deferred income tax benefit(1)
(1)  Loss (Gain) on derivative instruments not designated as hedges8
(2)  Share-based compensation expense38
53  Equity investment income(84)
(48)  Amortization of debt issuance costs, discounts and premiums53
23  Loss on extinguishment of debt and inducement expense60
10Changes in operating assets and liabilities:


  Increase in trade and other receivables, net(173)
(77)  (Increase) decrease in inventories(7)
9  Increase in prepaid expenses and other assets(25)
(112)  (Decrease) increase in accounts payable(8)
22  Decrease in accrued expenses and other liabilities(279)
(151)  Increase in customer deposits809
838Other, net32
(85)Net cash provided by operating activities1,834
1,627Investing Activities


Purchases of property and equipment(500)
(428)Cash received on settlement of derivative financial instruments17
—Cash paid on settlement of derivative financial instruments(3)
(2)Investments in and loans to unconsolidated affiliates(38)
(26)Cash received on loans from unconsolidated affiliates—
4Other, net(5)
12Net cash used in investing activities(529)
(440)Financing Activities


Debt proceeds2,807
480Debt issuance costs(21)
(3)Repayments of debt(3,084)
(1,221)Repurchase of common stock(836)
(241)Dividends paid(270)
(148)Payments of withholding tax on stock awards (185)
(60)Other, net(28)
2Net cash used in financing activities(1,617)
(1,191)Effect of exchange rate changes on cash and cash equivalents(1)
2Net decrease in cash and cash equivalents(313)
(2)Cash and cash equivalents at beginning of period 825
388Cash and cash equivalents at end of period $             512
$             386



Supplemental Disclosure


Cash paid during the period for:


  Interest, net of amount capitalized$             320
$             279Non-cash Investing Activities


Purchase of property and equipment included in accounts payable and accrued expenses and other liabilities$             145
$              42 ROYAL CARIBBEAN CRUISES LTD.NON-GAAP RECONCILING INFORMATION(unaudited)
Gross Margin Yields, Net Yields and Adjusted Gross Margin per PCD are calculated as follows (in millions, except
APCD, PCD, Yields, and Adjusted Gross Margin per PCD. Certain amounts may not add or calculate due to the
use of rounded numbers):






Quarter Ended March 31,
2026
2026 On a
Constant
Currency Basis
2025Total revenues$         4,452
$         4,386
$         3,999Less:




Cruise operating expenses2,247
2,226
2,079Depreciation and amortization expenses461
465
412Gross Margin1,744
1,695
1,508Add:




Payroll and related400
400
340Food264
264
239Fuel265
265
277Other operating542
530
500Depreciation and amortization expenses461
465
412Adjusted Gross Margin$         3,675
$         3,619
$         3,276





APCD13,702,703
13,702,703
12,657,992Passenger Cruise Days14,873,199
14,873,199
13,768,332Gross Margin Yields$        127.29
$        123.69
$        119.09Net Yields$        268.23
$        264.08
$        258.83Adjusted Gross Margin per PCD$        247.12
$        243.30
$        237.96 ROYAL CARIBBEAN CRUISES LTD.NON-GAAP RECONCILING INFORMATION(unaudited)
Gross Cruise Costs, Net Cruise Costs and Net Cruise Costs excluding Fuel are calculated as follows (in millions, except
APCD and costs per APCD. Certain amounts may not add or calculate due to the use of rounded numbers):






Quarter Ended March 31,
2026
2026 On a
Constant
Currency Basis
2025Total cruise operating expenses$         2,247
$         2,226
$         2,079Marketing, selling and administrative expenses582
575
562Gross Cruise Costs2,830
2,800
2,641Less:




Commissions, transportation and other564
556
522Onboard and other212
211
200Net Cruise Costs including other costs2,053
2,033
1,919Less:




Restructuring charges and other initiatives expenses (1)3
3
2Net Cruise Costs2,050
2,031
1,917Less:




Fuel265
265
277Net Cruise Costs excluding Fuel$         1,786
$         1,766
$         1,640





APCD13,702,703
13,702,703
12,657,992Gross Cruise Costs per APCD$        206.51
$        204.36
$        208.68Net Cruise Costs per APCD$        149.63
$        148.19
$        151.44Net Cruise Costs excluding Fuel per APCD$        130.32
$        128.88
$        129.54

(1) These amounts are included in Marketing, selling and administrative expenses within our consolidated statements of comprehensive income (loss). ROYAL CARIBBEAN CRUISES LTD.NON-GAAP RECONCILING INFORMATION(unaudited)
EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin are calculated as follows (in millions, except
APCD and per APCD data. Certain amounts may not add or calculate due to the use of rounded numbers):






Quarter Ended March 31,

2026
2025




Net Income attributable to Royal Caribbean Cruises Ltd.
$            941
$           730Interest income
(5)
(2)Interest expense, net of interest capitalized
278
249Depreciation and amortization expenses
461
412Provision for income taxes
26
16EBITDA
1,701
1,405




Other income
(2)
(5)Restructuring charges and other initiative expenses (1)
3
2Adjusted EBITDA
$          1,702
$         1,402




Total revenues
$          4,452
$         3,999




APCD
13,702,703
12,657,992Net Income attributable to Royal Caribbean Cruises Ltd. per APCD
$          68.71
$          57.66Adjusted EBITDA per APCD
$        124.21
$        110.73Adjusted EBITDA Margin
38.2 %
35.1 %

(1)These amounts are included in Marketing, selling and administrative expenses within our consolidated statements of comprehensive income (loss). ROYAL CARIBBEAN CRUISES LTD.NON-GAAP RECONCILING INFORMATION(unaudited)
Adjusted Net Income attributable to Royal Caribbean Cruises Ltd., and Adjusted Earnings per Share are calculated as follows (in millions, except
per share data. Certain amounts may not add or calculate due to the use of rounded numbers):


Quarter Ended March 31,
2026
2025



Net Income attributable to Royal Caribbean Cruises Ltd.$             941
$             730Loss on extinguishment of debt and inducement expense (1)29
10Restructuring charges and other initiative expenses (2)3
2Amortization of Silversea intangible assets resulting from the Silversea acquisition (3)2
2Adjusted Net Income attributable to Royal Caribbean Cruises Ltd.$             975
$             744



Earnings per Share - Diluted (4)$            3.48
$            2.70Adjusted Earnings per Share - Diluted (5)$            3.60
$            2.71



Weighted-Average Shares Outstanding - Diluted271
276

(1)For 2026, includes the loss on extinguishment of debt associated with redemptions of the senior notes maturing in 2026. For 2025, includes $10 million of inducement expense related to the settlements of the 2025 6.00% convertible notes. These amounts are included in Interest expense, net of interest capitalized within our consolidated statements of comprehensive income (loss).(2) These amounts are included in Marketing, selling and administrative expenses within our consolidated statements of comprehensive income (loss).(3)Represents the amortization of the Silversea intangible assets resulting from the 2018 Silversea acquisition.(4) For 2025, Diluted EPS includes the add-back of dilutive inducement and interest expense related to our convertible notes of $15 million for the quarter ended March 31, 2025.(5)For 2025, Adjusted Diluted EPS includes the add-back of dilutive interest expense related to our convertible notes of $5 million for the quarter ended March 31, 2025. 



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Original: ROYAL CARIBBEAN GROUP REPORTS FIRST QUARTER RESULTS THAT EXCEEDED EXPECTATIONS AND PROVIDES AN UPDATE TO FULL YEAR GUIDANCE

ROYAL CARIBBEAN GROUP CONFIRMS ORDER WITH MEYER TURKU FOR ICON 6 AND 7April 27, 2026 7:00 PM
PR Newswire (US)

MIAMI and TURKU, Finland, April 27, 2026 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL), a global vacation leader redefining the future of vacations, today announced it has confirmed with Meyer Turku the order of a sixth and seventh Icon Class ship to be delivered in 2029 and 2030, respectively.







The order is part of the company's long-term framework agreement with Meyer Turku that secures the Group's access to shipbuilding capacity through 2036 and includes the previously announced Icon 5 order to be delivered in 2028. Meyer Turku has been a key partner in developing the award-winning Icon Class, helping to bring to life the most innovative ships ever built and advancing the next generation of vacation experiences. The Icon 7 order is subject to customary conditions, including financing."The Icon Class reflects our bold creativity and engineering excellence that continues to define what a vacation can be," said Jason Liberty, Chairman and CEO, Royal Caribbean Group. "Through our long-standing partnership with Meyer Turku, the Finnish government, and the strong Finnish maritime cluster, we are reimagining the industry for decades to come while also delivering meaningful economic impact for Finland."This momentum underscores the shared commitment of both companies to push the boundaries of cruise ship design and innovation, allowing for the expansion of Royal Caribbean's Icon Class fleet."The order of sixth and seventh Icon Class vessels is a significant recognition of Meyer Turku and the Finnish maritime industry's talent and expertise. This milestone represents an important step forward in our partnership with Royal Caribbean Group to develop the shipbuilding sector over the next decade and beyond," said Casimir Lindholm, CEO of Meyer Turku.The collaboration between Royal Caribbean Group and Meyer Turku spans more than three decades, during which the shipyard has built 25 ships for the company. Meyer Turku and its supplier network employ approximately 13,000 workers, contributing over a billion euros annually to Finland's economy. Each Icon ship represents the largest industrial projects in Finland. To date, Meyer Turku has built two Icon Class ships for Royal Caribbean Group including Icon of the Seas (January 2024) and Star of the Seas (August 2025). The third ship in the class – Legend of the Seas – will debut in July 2026 in the Western Mediterranean, featuring eight neighborhoods, a lineup of unrivaled experiences, including thrills and chill, the most dining at sea with 28 options, all-new nightlife and entertainment. The fourth in the Icon class, Hero of the Seas, will follow in 2027.The Icon Class is central to Royal Caribbean Group's strategy to continually disrupt the travel sector through purposeful design, world class technologies, and immersive vacation experiences. Through ongoing investments in next-generation ships and an expanding portfolio of land-based destinations from three to eight by 2028, the company continues to broaden the way guests experience vacations across oceans, rivers, and land.Further orders are subject to Royal Caribbean Group's execution of construction agreements, which are expected to be subject to customary conditions including financing.About Royal Caribbean GroupRoyal Caribbean Group is a leading global vacation company spanning cruise, exclusive destinations, and land-based vacation experiences. The company operates 69 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands – Royal Caribbean, Celebrity Cruises, and Silversea – and a 50% joint venture interest in TUI Cruises which operates the Mein Schiff and Hapag-Lloyd brands.The Group is expanding its portfolio of private destinations from three to eight by 2028 through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.Named to the Fortune World's Most Admired Companies 2026 and Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit www.royalcaribbeangroup.com.














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Original: ROYAL CARIBBEAN GROUP CONFIRMS ORDER WITH MEYER TURKU FOR ICON 6 AND 7

Royal Caribbean Group Officially Launches Royal Caribbean Group Foundation, Building on Decades of Meaningful Global ImpactApril 16, 2026 10:24 AM
PR Newswire (US)

The Foundation announces its inaugural pledge, supporting a historic investment in education of medical student residents in South Florida Key TakeawaysThe Royal Caribbean Group Foundation advances the company's belief in tourism as an economic vitality engine and commitment to creating positive community impact.The new Foundation builds on a 30-year legacy of global investments in education, local economies, and environmental preservation.The inaugural pledge to Jackson Health Foundation supports the creation of a new emergency medicine residency program, helping fulfill Jackson's mission of innovative world-class care and workforce readiness in South Florida.MIAMI, April 16, 2026 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL), a global vacation leader rooted in South Florida for nearly 60 years, today announced the launch of the Royal Caribbean Group Foundation, a formal expansion of the company's long-standing commitment to strengthening ocean communities around the world. Advancing the Foundation's focus on education, its inaugural pledge goes towards a cutting-edge emergency medicine residency program at Jackson Health System. Offering world-class clinical training, the Royal Caribbean Group Foundation Emergency Medicine Residency Program will shape and empower future physicians in South Florida.



The new Royal Caribbean Group Foundation formalizes a commitment to scale the company's philanthropic partnerships globally, expanding its ability to collaborate with organizations and institutions that support economic opportunity, community well-being, and environmental stewardship."Strong communities are essential to delivering exceptional vacation experiences, and the Royal Caribbean Group Foundation reflects the company's belief that tourism can be a force for long-term positive change," said Jason Liberty, chairman and CEO of Royal Caribbean Group. "Supporting the education of emergency medicine physicians in South Florida is an example of how we invest in the long-term vitality of the places we operate, contributing to the essential systems that help communities thrive and sustain meaningful economic opportunity."The Royal Caribbean Group Foundation is powered by the mission of the company's existing SEA the Future framework - Sustaining the planet, Energizing communities, and Accelerating innovation. Its inception is an authentic step forward in Royal Caribbean Group's mission to invest in the long-term vitality of the destinations people are eager to discover, ensuring that tourism continues to create shared value for generations to come.Continual learning and advancing innovation are key components of SEA the Future's focus embodied by such purposeful projects as:$15 million in scholarships awarded to 6,660+ students since 1998235+ community partners supported across 85+ destinations in 2025$13 million invested in conservation efforts and transformational operations work with World Wildlife Fund since 2016$1.6 million donated to disaster relief in 202515 years of operating L'Ecole Nouvelle Royal Caribbean (ENRC) school in Haiti with 4,600 graduates and 700 scholarships awarded280+ scholarships awarded to United Kingdom Cadet Program maritime students26 reimagined educational spaces impacting 26,000+ teachers and 400,000+ students over 20 yearsIn addition, Royal Caribbean Group employees have contributed thousands of volunteer hours supporting education, disaster relief, ocean conservation, and community development initiatives around the world.  To learn more about the company's efforts and SEA the Future platform, go to royalcaribbeangroup.com/corporateresponsibility.About Royal Caribbean Group
Royal Caribbean Group is a leading global vacation company spanning cruise, exclusive destinations, and land-based vacation experiences. The company operates 69 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands - Royal Caribbean, Celebrity Cruises, and Silversea - and a 50% joint venture interest in TUI Cruises, which operates the Mein Schiff and Hapag-Lloyd brands.The Group is expanding its portfolio of private destinations from three to eight by 2028 through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.Named to the Fortune World's Most Admired Companies 2026 list and to Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit royalcaribbeangroup.com.About Royal Caribbean Group Foundation
Launched in 2026, the Royal Caribbean Group Foundation is a charitable entity established by Royal Caribbean Group to advance positive, lasting change through global and regional partnerships and community-based solutions. This dedicated focus builds on a deep-rooted history in global impact, supporting 235+ community partners across disaster relief, ocean conservation, and more. Anchored by the mission of Royal Caribbean Group's SEA the Future program, the Foundation aids efforts that Sustain our planet, Energize communities, and Accelerate innovation. The Royal Caribbean Group Foundation is a 501(c)(3) tax-exempt organization, and donations are tax deductible to the extent permitted by law (EIN 39-3424030). Learn more at RCGfoundation.org. 






















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Original: Royal Caribbean Group Officially Launches Royal Caribbean Group Foundation, Building on Decades of Meaningful Global Impact

/C O R R E C T I O N -- Silversea Cruises/April 14, 2026 12:35 PM
PR Newswire (US)

In the news release, A PACIFIC AWAKENING: SIX EXCLUSIVE EVENTS HEADLINE SILVERSEA'S NEW 125-DAY WORLD CRUISE 2029, issued 14-Apr-2026 by Silversea Cruises over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:
A PACIFIC AWAKENING: SIX EXCLUSIVE EVENTS HEADLINE SILVERSEA'S NEW 125-DAY WORLD CRUISE 2029
Silversea's World Cruise 2029 is set to provide unmatched access across the Pacific, calling in more than 60 destinations across 19 countriesMIAMI, April 14, 2026 /PRNewswire/ -- Silversea, the leading experiential luxury and expedition travel brand, has unveiled its World Cruise 2029, A Pacific Awakening. Sailing from San Diego on January 5, 2029, the 125-day odyssey on board the intimate Silver Whisper will take guests through the world's largest ocean, exploring more than 60 destinations in 19 countries – with six signature events and one included overland experience. Guided by themes of wonder, wayfinding, and cultural awakening, the voyage spans Polynesia, Micronesia, Melanesia, Australia, Asia, and New Zealand – inviting guests to experience the richness of the Pacific.

 

"The depth and variety of experiences around which we have designed our World Cruise 2029, A Pacific Awakening, is what makes it such a special journey," said Bert Hernandez, president, Silversea. "With 17 overnights, new ports of call, and dozens of immersive experiences across the Pacific, our guests will enjoy iconic destinations alongside smaller, rarely visited ports. From a private evening at the ?Iolani Palace in Honolulu to an exclusive island celebration in the Philippines – these experiences deliver true access and a deep connection to the destination that is unique to Silversea."UNMATCHED ACCESS ACROSS THE PACIFICThe brand's World Cruise 2029 unfolds in eight thoughtfully designed chapters, each crafted to reveal a different dimension of the Pacific's vast cultural, historical, and natural landscape. From ancestral homelands and wayfinding routes to regions shaped by imperial legacies, these segments provide a thoughtfully layered narrative of exploration for even the most well-traveled guests:THE ANCESTRAL ISLES – San Diego, California to Papeete, Tahiti (January 5 - January 23): Sailing from San Diego after an exclusive Bon Voyage celebration, the first leg of the voyage will take guests to Papeete, Tahiti, honoring Hawaii as the ancestral homeland of the Polynesian people. Guests will explore volcanic archipelagos, pristine reefs, and ancient navigation traditions.WAY OF THE WAYFINDER – Papeete, Tahiti to Auckland, New Zealand (January 23 - February 11): Rooted in the legacy of celestial navigation, this segment from Tahiti to Auckland, New Zealand, traces the path of the great wayfinders across French Polynesia, Samoa, Fiji, and beyond. Extended stays throughout the region will give guests time to engage with local communities, from ceremonial sites such as Taputapuatea in Raiatea to vibrant markets and village traditions.THE WILD & THE WORLDLY – Auckland, New Zealand to Melbourne, Australia (February 11 -February 27): A journey into the duality of the Pacific, this chapter from Auckland to Melbourne captures how the region blends its glacier-carved wilderness with the cultural energy of cosmopolitan cities. Guests will encounter dramatic fjords, remote coastal landscapes, and heritage-rich port towns before transitioning into vibrant urban centers.CURRENTS OF CONTRAST – Melbourne, Australia to Benoa, Bali (February 27 - March 13): From tranquil moments in nature to dynamic city life and wildlife encounters, this segment from Melbourne to Benoa, Bali, highlights the striking contrasts that define Australia's southern coast and beyond. Alongside visits to celebrated wine regions such as Barossa Valley, guests explore destinations where local gastronomy reflects a deep connection to place. Encounters with marine life and untouched coastlines continue as the voyage moves northward, reinforcing the Pacific's rich biodiversity and ever-changing natural rhythms.EMERALD LANDS & GOLDEN COASTS – Benoa, Bali, to Manila, the Philippines (March 13 - March 25): Lush rainforests, golden mosques, endemic wildlife, and rich island traditions mark this portion of the voyage, as guests sail across Indonesia, Malaysia, Brunei, and the Philippines. Calls in smaller ports and emerging destinations will offer insight into daily life and regional cultures. Guests will also wander deep into Malaysia's sanctuary forests to witness orangutans and proboscis monkeys move along the treetops.CERULEAN SHORES & SAKURA SKIES – Manila, Philippines to Tokyo, Japan (March 25 to April 6): From tropical blue horizons to a breathtaking canvas of soft pink and white, this segment from the Philippines to Tokyo is perfectly timed for guests to witness Japan's Sakura in peak bloom, as the country becomes awash in delicate cherry blossoms, symbolizing renewal and beauty. Culinary tradition also takes center stage through immersive S.A.L.T. experiences that reveal the ancient art of fermentation at a serene Zen retreat on Awaji Island, where time-honored techniques and seasonal ingredients reflect the deep cultural and spiritual significance of food in Japan.SPRING AT THE GATES OF EMPIRE – Tokyo, Japan, to Hong Kong, China (April 6 to April 25): This segment is set to honor imperial histories and timeless artistry across Japan, Korea, and China. As guests explore heritage landmarks and ceremonial sites, such as the Temple of Heaven, regional cuisine provides an additional layer of insight, connecting tradition, ritual, and identity through flavors refined over generations. Select overland journeys will also provide rare access beyond the shoreline, including a complimentary experience to Xi'an with after-hours entry to the Terracotta Warriors and an optional UNESCO-focused exploration of Beijing, featuring the Great Wall and Forbidden City.ACROSS TEMPLE KINGDOMS – Hong Kong, China, to Singapore (April 25 to May 11): Exploring regions once ruled by powerful Southeast Asian kingdoms, guests will travel from China to Singapore in the final chapter of their immersive voyage. Ancient temples, layered histories, and vibrant cuisine define this segment, both along the coast and inland, including a S.A.L.T. culinary highlight in Thailand, where guests will be invited into the home and garden of Michelin-starred chef Vichit Mukura to explore the principles of plant-based cuisine and wellness, through an intimate cooking demonstration and lunch experience.SIGNATURE WORLD CRUISE EVENTSSilversea's World Cruises offer rare access to extraordinary places and experiences, through thoughtfully curated events that are seamlessly integrated into the journey. Starting with an exclusive Bon Voyage event in San Diego, the World Cruise 2029 will feature the following events, inspired by the theme 'From Kingdoms to Dynasties':In Honolulu, A Night at the Palace offers guests a private evening at the ?Iolani Palace – the only official royal residence in the United States – providing an intimate introduction to the Hawaiian monarchy and living heritage.In Tasmania, guests will step into the historic Theatre Royal for a private performance at Australia's oldest continually operating theater. The one-night-only event will feature a performance by the 47-piece Tasmania Symphony Orchestra, in celebration of artistry and heritage.In the Philippines, a full-ship private island experience on Kalanggaman Island transforms a pristine stretch of white sand into Silversea's own open-air setting for Filipino cultural performances, island-inspired cocktails, and an authentic dinner prepared by a local chef beneath the open sky.The Mysteries of Japan in Tokyo will immerse guests in an evening inspired by the country's imperial heritage, blending refined regional cuisine with honored traditions and performances.The voyage concludes in extraordinary fashion with an elegant seaside dinner at Pattaya's iconic Sanctuary of Truth, a hand-carved wooden temple that provides a symbolic and memorable finale to the 125-day World Cruise 2029.EXPLORING RARELY VISITED GEMS & MORE THAN 15 UNESCO WORLD HERITAGE SITESThroughout the World Cruise 2029, guests will experience some of the Pacific's lesser-known destinations that invite a more meaningful connection with place. Among the voyage's hidden gems are Kalanggaman Island in the Philippines, and Motu Tapu in French Polynesia, a sacred islet deeply connected to ancestral tradition. Additional calls in the Philippines, including Bohol and Romblon Island, offer intimate encounters with endemic wildlife, dramatic landscapes, and island communities shaped by craftsmanship, culture, and daily life.Complementing these off-the-beaten-path discoveries, the itinerary also includes destinations of significant cultural importance, such as Vigan, a UNESCO World Heritage Site known for its remarkably preserved Spanish colonial architecture.A WORLD OF QUIET COMFORTOn board Silver Whisper, refined elegance meets immersive exploration. As one of the smallest luxury ships ever to host a World Cruise, Silver Whisper accommodates just 392 guests, creating an intimate atmosphere. Onboard, they will enjoy spacious ocean-view suites, each paired with dedicated butler service, and a nearly one-to-one crew-to-guest ratio ensures that every moment onboard is met with care. Built to access hidden harbors and remote islands, Silver Whisper brings the most elusive edges of the Pacific into reach – carrying guests into the heart of cultures, coastlines, and communities few travelers ever experience.An exclusive pre-sale for A Pacific Awakening World Cruise 2029 opens to Venetian Society members on April 14, with general sales beginning April 21.To learn more about Silversea's World Cruise 2029, A Pacific Awakening, visit https://www.silversea.com/lp-world-cruise-2029.htmlWatch a video on Silversea's World Cruise 2029 at https://youtu.be/0SCm9w5S9gIAbout Silversea Silversea is the leading experiential luxury and expedition travel brand, offering guests immersive experiences on all seven continents, personalized service, and an innovative culinary offering aboard its 12 intimate ocean and expedition ships. Silversea's itineraries encompass an unparalleled range of destinations worldwide, from the Mediterranean and the Caribbean to the Galápagos, both Polar Regions, and hundreds of fascinating places in between. Set to strengthen its destination leadership starting in 2026, the brand is developing the southernmost hotel on Earth, The Cormorant at 55 South, in Puerto Williams, Chile – offering guests a uniquely seamless journey to Antarctica. Silversea brings its like-minded guests closer to their destination in uncompromised comfort, championing the joy of travel, an enriching spirit of discovery, and an enduring commitment to Silversea's signature "To Finding More" promise. Silversea is owned and operated by global cruise company Royal Caribbean Group (NYSE: RCL). For more information, visit www.silversea.com. Media can stay up to date by visiting the brand's press center.Silversea, Otium, S.A.L.T., The Cormorant at 55 South, To Finding More, and the various ship names are registered trademarks of Silversea Cruises Ltd.About Royal Caribbean Group Royal Caribbean Group is a leading global vacation company spanning cruise, exclusive destinations, and land-based vacation experiences. The company operates 69 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands - Royal Caribbean, Celebrity Cruises, and Silversea - and a 50% joint venture interest in TUI Cruises, which operates the Mein Schiff and Hapag-Lloyd brands.The Group is expanding its portfolio of private destinations from three to eight by 2028 through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.Named to the Fortune World's Most Admired Companies 2026 list and to Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit royalcaribbeangroup.com.Correction: The image has been updated.














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Original: /C O R R E C T I O N -- Silversea Cruises/

A PACIFIC AWAKENING: SIX EXCLUSIVE EVENTS HEADLINE SILVERSEA'S NEW 125-DAY WORLD CRUISE 2029April 14, 2026 9:44 AM
PR Newswire (US)

Silversea's World Cruise 2029 is set to provide unmatched access across the Pacific, calling in more than 60 destinations across 19 countriesMIAMI, April 14, 2026 /PRNewswire/ -- Silversea, the leading experiential luxury and expedition travel brand, has unveiled its World Cruise 2029, A Pacific Awakening. Sailing from San Diego on January 5, 2029, the 125-day odyssey on board the intimate Silver Whisper will take guests through the world's largest ocean, exploring more than 60 destinations in 19 countries – with six signature events and one included overland experience. Guided by themes of wonder, wayfinding, and cultural awakening, the voyage spans Polynesia, Micronesia, Melanesia, Australia, Asia, and New Zealand – inviting guests to experience the richness of the Pacific.

 

"The depth and variety of experiences around which we have designed our World Cruise 2029, A Pacific Awakening, is what makes it such a special journey," said Bert Hernandez, president, Silversea. "With 17 overnights, new ports of call, and dozens of immersive experiences across the Pacific, our guests will enjoy iconic destinations alongside smaller, rarely visited ports. From a private evening at the ?Iolani Palace in Honolulu to an exclusive island celebration in the Philippines – these experiences deliver true access and a deep connection to the destination that is unique to Silversea."UNMATCHED ACCESS ACROSS THE PACIFICThe brand's World Cruise 2029 unfolds in eight thoughtfully designed chapters, each crafted to reveal a different dimension of the Pacific's vast cultural, historical, and natural landscape. From ancestral homelands and wayfinding routes to regions shaped by imperial legacies, these segments provide a thoughtfully layered narrative of exploration for even the most well-traveled guests:THE ANCESTRAL ISLES – San Diego, California to Papeete, Tahiti (January 5 - January 23): Sailing from San Diego after an exclusive Bon Voyage celebration, the first leg of the voyage will take guests to Papeete, Tahiti, honoring Hawaii as the ancestral homeland of the Polynesian people. Guests will explore volcanic archipelagos, pristine reefs, and ancient navigation traditions.WAY OF THE WAYFINDER – Papeete, Tahiti to Auckland, New Zealand (January 23 - February 11): Rooted in the legacy of celestial navigation, this segment from Tahiti to Auckland, New Zealand, traces the path of the great wayfinders across French Polynesia, Samoa, Fiji, and beyond. Extended stays throughout the region will give guests time to engage with local communities, from ceremonial sites such as Taputapuatea in Raiatea to vibrant markets and village traditions.THE WILD & THE WORLDLY – Auckland, New Zealand to Melbourne, Australia (February 11 -February 27): A journey into the duality of the Pacific, this chapter from Auckland to Melbourne captures how the region blends its glacier-carved wilderness with the cultural energy of cosmopolitan cities. Guests will encounter dramatic fjords, remote coastal landscapes, and heritage-rich port towns before transitioning into vibrant urban centers.CURRENTS OF CONTRAST – Melbourne, Australia to Benoa, Bali (February 27 - March 13): From tranquil moments in nature to dynamic city life and wildlife encounters, this segment from Melbourne to Benoa, Bali, highlights the striking contrasts that define Australia's southern coast and beyond. Alongside visits to celebrated wine regions such as Barossa Valley, guests explore destinations where local gastronomy reflects a deep connection to place. Encounters with marine life and untouched coastlines continue as the voyage moves northward, reinforcing the Pacific's rich biodiversity and ever-changing natural rhythms.EMERALD LANDS & GOLDEN COASTS – Benoa, Bali, to Manila, the Philippines (March 13 - March 25): Lush rainforests, golden mosques, endemic wildlife, and rich island traditions mark this portion of the voyage, as guests sail across Indonesia, Malaysia, Brunei, and the Philippines. Calls in smaller ports and emerging destinations will offer insight into daily life and regional cultures. Guests will also wander deep into Malaysia's sanctuary forests to witness orangutans and proboscis monkeys move along the treetops.CERULEAN SHORES & SAKURA SKIES – Manila, Philippines to Tokyo, Japan (March 25 to April 6): From tropical blue horizons to a breathtaking canvas of soft pink and white, this segment from the Philippines to Tokyo is perfectly timed for guests to witness Japan's Sakura in peak bloom, as the country becomes awash in delicate cherry blossoms, symbolizing renewal and beauty. Culinary tradition also takes center stage through immersive S.A.L.T. experiences that reveal the ancient art of fermentation at a serene Zen retreat on Awaji Island, where time-honored techniques and seasonal ingredients reflect the deep cultural and spiritual significance of food in Japan.SPRING AT THE GATES OF EMPIRE – Tokyo, Japan, to Hong Kong, China (April 6 to April 25): This segment is set to honor imperial histories and timeless artistry across Japan, Korea, and China. As guests explore heritage landmarks and ceremonial sites, such as the Temple of Heaven, regional cuisine provides an additional layer of insight, connecting tradition, ritual, and identity through flavors refined over generations. Select overland journeys will also provide rare access beyond the shoreline, including a complimentary experience to Xi'an with after-hours entry to the Terracotta Warriors and an optional UNESCO-focused exploration of Beijing, featuring the Great Wall and Forbidden City.ACROSS TEMPLE KINGDOMS – Hong Kong, China, to Singapore (April 25 to May 11): Exploring regions once ruled by powerful Southeast Asian kingdoms, guests will travel from China to Singapore in the final chapter of their immersive voyage. Ancient temples, layered histories, and vibrant cuisine define this segment, both along the coast and inland, including a S.A.L.T. culinary highlight in Thailand, where guests will be invited into the home and garden of Michelin-starred chef Vichit Mukura to explore the principles of plant-based cuisine and wellness, through an intimate cooking demonstration and lunch experience.SIGNATURE WORLD CRUISE EVENTSSilversea's World Cruises offer rare access to extraordinary places and experiences, through thoughtfully curated events that are seamlessly integrated into the journey. Starting with an exclusive Bon Voyage event in San Diego, the World Cruise 2029 will feature the following events, inspired by the theme 'From Kingdoms to Dynasties':In Honolulu, A Night at the Palace offers guests a private evening at the ?Iolani Palace – the only official royal residence in the United States – providing an intimate introduction to the Hawaiian monarchy and living heritage.In Tasmania, guests will step into the historic Theatre Royal for a private performance at Australia's oldest continually operating theater. The one-night-only event will feature a performance by the 47-piece Tasmania Symphony Orchestra, in celebration of artistry and heritage.In the Philippines, a full-ship private island experience on Kalanggaman Island transforms a pristine stretch of white sand into Silversea's own open-air setting for Filipino cultural performances, island-inspired cocktails, and an authentic dinner prepared by a local chef beneath the open sky.The Mysteries of Japan in Tokyo will immerse guests in an evening inspired by the country's imperial heritage, blending refined regional cuisine with honored traditions and performances.The voyage concludes in extraordinary fashion with an elegant seaside dinner at Pattaya's iconic Sanctuary of Truth, a hand-carved wooden temple that provides a symbolic and memorable finale to the 125-day World Cruise 2029.EXPLORING RARELY VISITED GEMS & MORE THAN 15 UNESCO WORLD HERITAGE SITESThroughout the World Cruise 2029, guests will experience some of the Pacific's lesser-known destinations that invite a more meaningful connection with place. Among the voyage's hidden gems are Kalanggaman Island in the Philippines, and Motu Tapu in French Polynesia, a sacred islet deeply connected to ancestral tradition. Additional calls in the Philippines, including Bohol and Romblon Island, offer intimate encounters with endemic wildlife, dramatic landscapes, and island communities shaped by craftsmanship, culture, and daily life.Complementing these off-the-beaten-path discoveries, the itinerary also includes destinations of significant cultural importance, such as Vigan, a UNESCO World Heritage Site known for its remarkably preserved Spanish colonial architecture.A WORLD OF QUIET COMFORTOn board Silver Whisper, refined elegance meets immersive exploration. As one of the smallest luxury ships ever to host a World Cruise, Silver Whisper accommodates just 392 guests, creating an intimate atmosphere. Onboard, they will enjoy spacious ocean-view suites, each paired with dedicated butler service, and a nearly one-to-one crew-to-guest ratio ensures that every moment onboard is met with care. Built to access hidden harbors and remote islands, Silver Whisper brings the most elusive edges of the Pacific into reach – carrying guests into the heart of cultures, coastlines, and communities few travelers ever experience.An exclusive pre-sale for A Pacific Awakening World Cruise 2029 opens to Venetian Society members on April 14, with general sales beginning April 21.To learn more about Silversea's World Cruise 2029, A Pacific Awakening, visit https://www.silversea.com/lp-world-cruise-2029.htmlWatch a video on Silversea's World Cruise 2029 at https://youtu.be/0SCm9w5S9gIAbout Silversea Silversea is the leading experiential luxury and expedition travel brand, offering guests immersive experiences on all seven continents, personalized service, and an innovative culinary offering aboard its 12 intimate ocean and expedition ships. Silversea's itineraries encompass an unparalleled range of destinations worldwide, from the Mediterranean and the Caribbean to the Galápagos, both Polar Regions, and hundreds of fascinating places in between. Set to strengthen its destination leadership starting in 2026, the brand is developing the southernmost hotel on Earth, The Cormorant at 55 South, in Puerto Williams, Chile – offering guests a uniquely seamless journey to Antarctica. Silversea brings its like-minded guests closer to their destination in uncompromised comfort, championing the joy of travel, an enriching spirit of discovery, and an enduring commitment to Silversea's signature "To Finding More" promise. Silversea is owned and operated by global cruise company Royal Caribbean Group (NYSE: RCL). For more information, visit www.silversea.com. Media can stay up to date by visiting the brand's press center.Silversea, Otium, S.A.L.T., The Cormorant at 55 South, To Finding More, and the various ship names are registered trademarks of Silversea Cruises Ltd.About Royal Caribbean Group Royal Caribbean Group is a leading global vacation company spanning cruise, exclusive destinations, and land-based vacation experiences. The company operates 69 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands - Royal Caribbean, Celebrity Cruises, and Silversea - and a 50% joint venture interest in TUI Cruises, which operates the Mein Schiff and Hapag-Lloyd brands.The Group is expanding its portfolio of private destinations from three to eight by 2028 through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.Named to the Fortune World's Most Admired Companies 2026 list and to Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit royalcaribbeangroup.com. 














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Original: A PACIFIC AWAKENING: SIX EXCLUSIVE EVENTS HEADLINE SILVERSEA'S NEW 125-DAY WORLD CRUISE 2029

ROYAL CARIBBEAN GROUP TO HOLD CONFERENCE CALL ON FIRST QUARTER 2026 EARNINGSApril 9, 2026 4:15 PM
PR Newswire (US)

MIAMI, April 9, 2026 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) has scheduled a conference call for 10:00 a.m. Eastern Time, Thursday, April 30, 2026, to discuss the company's first quarter 2026 financial results. The call will be simultaneously webcast on the company's investor relations website, rclinvestor.com. A replay of the webcast will remain available at the same website for 30 days following the call.







About Royal Caribbean GroupRoyal Caribbean Group is a leading global vacation company spanning cruise, exclusive destinations, and land-based vacation experiences. The company operates 69 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands – Royal Caribbean, Celebrity Cruises, and Silversea – and a 50% joint venture interest in TUI Cruises, which operates the Mein Schiff and Hapag-Lloyd brands.The Group is expanding its portfolio of private destinations from three to eight by 2028 through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.Named to the Fortune World's Most Admired Companies 2026 list and to Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit royalcaribbeangroup.com.



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Original: ROYAL CARIBBEAN GROUP TO HOLD CONFERENCE CALL ON FIRST QUARTER 2026 EARNINGS

THE MOST REWARDING LOYALTY PROGRAM IN LUXURY CRUISING: SILVERSEA ENHANCES ITS VENETIAN SOCIETY WITH NEW LOYALTY TIERS AND ENHANCED BENEFITSApril 8, 2026 4:39 PM
PR Newswire (US)

The enriched Venetian Society program is set to deliver meaningful savings and added onboard benefitsMIAMI, April 8, 2026 /PRNewswire/ -- Silversea, the leading experiential luxury and expedition travel brand, is enhancing its Venetian Society loyalty program, offering guests more ways to earn status, earlier recognition, and meaningful benefits throughout their journey – becoming the richest loyalty program among any luxury cruise brand. Guided by guest feedback, the enhanced program will debut on July 1, 2026, with two new loyalty milestones and enriching benefits across every tier. "Our Venetian Society members are the heart of Silversea, and this update represents a meaningful step forward in how we recognize and reward their loyalty," said Bert Hernandez, president, Silversea. "With new ways to earn VS Days, earlier recognition, and more rewarding benefits, we're creating the most rewarding program in luxury cruising, benefitting both longtime members and those just beginning to build their status with us." NEW MILESTONES AND ENHANCED BENEFITS The Venetian Society will introduce a new and intuitive structure designed to recognize members earlier and celebrate more milestones along their journey. The program will continue to award 1 VS Day for each cruise day sailed, and starting in July, members will also be rewarded with: 1 VS Day for every day spent on Silversea Land Programs and City Stays 1 additional VS Day per cruise day for qualifying solo travelers Silversea is also launching two new early-journey milestones – 15 VS Days and 50 VS Days – designed to reward guests sooner and celebrate meaningful progress from their earliest voyages. Select tiers will receive new benefits in addition to what they receive today: 15 VS Days: Exclusive one-time welcome offer sent to members 50 VS Days: New booking benefit of $150 shipboard credit per member available on new bookings 250 VS Days, 350 VS Days, 500 VS Days: Complimentary premium Wi-Fi and priority embarkation. This is in addition to existing benefits such as complimentary laundry and pressing, 10% booking benefit, and a complimentary cruise starting at the 350 VS Day level, among others *For more information and for full program terms and conditions, visit https://www.silversea.com/lp-venetian-society.htmlLOYALTY STATUS MATCH Through Royal Caribbean Group's industry-leading Loyalty Status Match, guests sailing across the Group's three differentiated brands will receive one-to-one tier recognition, allowing them to enjoy the enhanced benefits of Silversea's Venetian Society program. Guests can further personalize their loyalty across the Group's family of brands – Silversea, Celebrity Cruises, and Royal Caribbean – through the Points Choice program, offering greater flexibility in how loyalty points are earned and applied. For more information on Silversea's Venetian Society Program visit: https://www.silversea.com/lp-venetian-society.htmlAbout Silversea?Silversea is the leading experiential luxury and expedition travel brand, offering guests immersive experiences on all seven continents, personalized service, and an innovative culinary offering aboard its 12 intimate ocean and expedition ships. Silversea's itineraries encompass an unparalleled range of destinations worldwide, from the Mediterranean and the Caribbean to the Galápagos, both Polar Regions, and hundreds of fascinating places in between. Set to strengthen its destination leadership starting in 2026, the brand is developing the southernmost hotel on Earth, The Cormorant at 55 South, in Puerto Williams, Chile – offering guests a uniquely seamless journey to Antarctica. Silversea brings its like-minded guests closer to their destination in uncompromised comfort, championing the joy of travel, an enriching spirit of discovery, and an enduring commitment to Silversea's signature "To Finding More" promise. Silversea is owned and operated by global cruise company Royal Caribbean Group (NYSE: RCL). For more information, visit www.silversea.com. Media can stay up to date by visiting the brand's press center. Silversea, Otium, S.A.L.T., The Cormorant at 55 South, To Finding More, and the various ship names are registered trademarks of Silversea Cruises Ltd. About Royal Caribbean Group Royal Caribbean Group is a leading global vacation company spanning cruise, exclusive destinations, and land-based vacation experiences. The company operates 69 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands - Royal Caribbean, Celebrity Cruises, and Silversea - and a 50% joint venture interest in TUI Cruises, which operates the Mein Schiff and Hapag-Lloyd brands. The Group is expanding its portfolio of private destinations from three to eight by 2028 through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations. Named to the Fortune World's Most Admired Companies 2026 list and to Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit royalcaribbeangroup.com. 










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Original: THE MOST REWARDING LOYALTY PROGRAM IN LUXURY CRUISING: SILVERSEA ENHANCES ITS VENETIAN SOCIETY WITH NEW LOYALTY TIERS AND ENHANCED BENEFITS

ROYAL CARIBBEAN GROUP ENHANCES TRAVEL LOYALTY, PARTNERS WITH BANK OF AMERICA TO LAUNCH ROYAL ONE™ AND ROYAL ONE PLUS™ CREDIT CARDSMarch 31, 2026 10:05 AM
PR Newswire (US)

The new cards, created with Visa, offer simplified, flexible rewards across Royal Caribbean, Celebrity Cruises, and Silversea – unlocking even more value with every vacationKey TakeawaysRoyal Caribbean Group and Bank of America launch the cruise industry's first tri-branded credit cards, enabling travelers to earn and redeem rewards across Royal Caribbean, Celebrity Cruises, and Silversea.New Royal ONE™ and Royal ONE Plus™ cards accelerate rewards earnings on everyday spending and cruise vacations, with flexible redemption across Royal Caribbean Group's portfolio of vacation experiences, no foreign transaction fees, and meaningful travel perks.The cards advance Royal Caribbean Group's broader efforts to reimagine loyalty and unlock more value across its leading brands.  MIAMI, March 31, 2026 /PRNewswire/ -- Today, Royal Caribbean Group (NYSE: RCL) and Bank of America announced the upcoming launch of the Royal ONE™ Visa Signature® and Royal ONE Plus™ Visa Signature® credit cards — the industry's first tri-branded cards that simplify how travelers earn and redeem rewards across the company's brands: Royal Caribbean, Celebrity Cruises, and Silversea. The Royal ONE cards continue Royal Caribbean Group's multi-year journey to reimagine loyalty and unlock more value for guests to maximize their vacation experiences. The cards will be available in the coming weeks.







Designed to help cardholders earn points faster and use them more seamlessly, the new credit cards award points on both everyday spending and vacation purchases with Royal Caribbean, Celebrity Cruises, and Silversea.  As rewards add up, Royal Caribbean Group's new Royal ONE program offers cardholders a convenient way to redeem rewards across brands. The Royal ONE cards further the company's expanding loyalty ecosystem and enhancements, including Points Choice and industry-first Status Match."Royal ONE and Royal ONE Plus strengthen how we recognize and reward our loyal guests across our leading vacation brands," said Jason Liberty, chairman and CEO of Royal Caribbean Group. "These new cards bring together the ways our guests vacation across Royal Caribbean, Celebrity Cruises, and Silversea – making it easier to earn and use rewards, so every trip delivers greater value and more meaningful experiences."Royal ONE™ Credit Card Benefits
Built for travelers who want strong rewards with flexibilityNo annual fee†3X points on purchases with Royal Caribbean, Celebrity Cruises, and Silversea2X points on grocery, gas, and EV charging1X point on all other purchasesTravel perks for the Royal ONE card include priority boarding for Royal Caribbean and Celebrity Cruises, $100 anniversary reward after qualifying spend, Visa Signature® travel protections, and no foreign transaction fees.Royal ONE Plus™ Credit Card Benefits
Designed for frequent vacationers seeking elevated earnings and perks$99 annual fee†4X points on purchases with Royal Caribbean, Celebrity Cruises, and Silversea2X points on grocery, gas, EV charging, plus air, hotel, and dining1X point on all other purchasesVacation perks for the Royal ONE Plus card include priority suite boarding for Royal Caribbean, Celebrity Cruises and Silversea vacations, priority luggage handling with Royal Caribbean and Celebrity Cruises, $200 anniversary reward after qualifying spend, $120 TSA PreCheck®/Global Entry credit (every four years), Visa Signature® travel protections, and no foreign transaction fees."We're pleased to expand our long-standing partnership with Royal Caribbean Group, a leader in global vacation experiences," said Lora Monfared, head of consumer card products at Bank of America. "Offering both a no-fee card and an enhanced rewards card gives travelers more ways to maximize spending and earn bigger rewards."A More Connected Earning and Redemption Experience
The Royal ONE program offers a straightforward way for travelers to earn meaningful rewards across Royal Caribbean Group's brands, whether for cruise savings or onboard credits for experiences like specialty dining, shore excursions, drink packages, Wi-Fi, and more. As part of the company's expanding loyalty vision, the credit cards complement benefits already introduced to help guests earn, choose, and use rewards with more flexibility than ever before.†For information about the rates, fees, other costs, and benefits associated with the use of the card, click here for Royal ONE or click here for Royal ONE Plus and refer to the disclosures.About Royal Caribbean Group
Royal Caribbean Group is a leading global vacation company spanning cruise, exclusive destinations, and land-based vacation experiences. The company operates 69 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands - Royal Caribbean, Celebrity Cruises, and Silversea - and a 50% joint venture interest in TUI Cruises, which operates the Mein Schiff and Hapag-Lloyd brands.The Group is expanding its portfolio of private destinations from three to eight by 2028 through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.Named to the Fortune World's Most Admired Companies 2026 list and to Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit royalcaribbeangroup.com.Bank of America
Bank of America Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving nearly 70 million clients with approximately 3,600 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.










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Original: ROYAL CARIBBEAN GROUP ENHANCES TRAVEL LOYALTY, PARTNERS WITH BANK OF AMERICA TO LAUNCH ROYAL ONE™ AND ROYAL ONE PLUS™ CREDIT CARDS

ROYAL CARIBBEAN'S HERO OF THE SEAS INTRODUCES THE NEXT EVOLUTION OF FAMILY VACATION EXPERIENCESMarch 30, 2026 9:16 AM
PR Newswire (US)

Arriving August 2027 in Miami, the new Icon Class vacation levels up family time with more ways to splash, adventure, dine and moreMIAMI, March 30, 2026 /PRNewswire/ -- Introducing the hero of family vacations: Royal Caribbean has revealed Hero of the Seas, the fourth Icon Class ship and bold evolution of family adventure arriving in Miami in August 2027. As part of the game-changing Icon Class that combines beach retreats, resort escapes and theme park thrills, Hero will raise the bar with more records and iconic ways for families to make lifelong memories. Hero's eight neighborhoods will be home to the most pools at sea, a record-breaking 28 dining venues and cooking classes for all ages, brand-new family raft slides, new accommodations for multigenerational families – including the three-story Ultimate Family Treehouse – and more. Vacations on Hero will soon open on Royal Caribbean's website, and Crown & Anchor Society loyalty members can book starting Wednesday, April 1, ahead of the official opening on Thursday, April 2. 
"Icon Class truly set a new standard for family vacations, and Hero of the Seas takes that vision even further," said Michael Bayley, president and CEO, Royal Caribbean. "With more water, more thrills and more choices for all ages, we're continuing to build on what our guests love about Royal Caribbean and delivering the experiences families are looking for when vacationing together."More Ways to SplashVacationers can dive into nine distinct pools – the most at sea – including family-friendly spaces, a new Caribbean-inspired pool, three adults-only options, the largest swim-up bars at sea and more.Hero will introduce Coconut Cove, an all-new pool steps away from the tropical Caribbean bar, The Lime and Coconut. With in-water loungers and poolside service for refreshing drinks, vacationers can kick back with views of the Central Park neighborhood's lush greenery.The Hideaway adults-only oasis will now feature two pools, including the largest swim-up bar at sea for tropical cocktails and an in-water DJ booth for nonstop party vibes.Familiar favorites will be revamped with more room to splash and unwind at the expanded Swim & Tonic pool and swim-up bar for adults, plus new water features at Splashaway Bay, the aquapark designed for young kids in the Surfside family neighborhood.More AdventureAdventure will reach new heights on Hero of the Seas with more action-packed thrills for the whole family to experience together.At Category 6 – the largest waterpark at sea – adventurers can take on two new family raft slides, including the first funnel raft slide at sea, along with new twists on the mat-racing Storm Chasers duo.Vacationers can test their courage on Crown's Edge – part skywalk, part zip line experience 154 feet above the ocean – or catch waves on the FlowRider surf simulator.Families can challenge one another to friendly competition at the Adrenaline Peak rock-climbing wall, Lost Dunes mini-golf course and sports courts for pickleball, basketball, soccer and more.More DiningHero serves up the most family-favorite eats in the fleet with 28 dining spots, bringing world flavors and immersive experiences to the table.The newest supper club experience, Orleans Parish Supper Club is a multi-course dining venue with live jazz, craft cocktails, and gourmet Cajun and Creole dishes inspired by the early 20th century elegance of the French Quarter.Royal Railway – Hero Station will bring to life the most immersive dining experience at sea that transports adventurous diners by train car to new destinations through a combination of entertainment, food and technology.The family-friendly Surfside neighborhood will host hands-on cooking classes in a new venue to be revealed. Families of all ages can learn kitchen skills together, from fun recipes for little ones to more advanced courses focused on chopping and baking.The AquaDome Market food hall will return with four new stall concepts, plus desserts at Crème de la Crêpe and freshly squeezed juices at Simply Pressed.The all-encompassing dining lineup will also include fleet favorites like sushi at Izumi and the walk-up window Izumi in the Park; family-style dishes at Giovanni's Italian Kitchen & Wine Bar, premium steaks at Chops Grille and fresh catches at Hooked Seafood. Plus, families can refuel throughout the day at grab-and-go spots with everything included like Basecamp for burgers and tater tots, El Loco Fresh for Mexican plates and Sorrento's for pizza.More Family StaysHero is decked out with more options than ever for families to stay in style and celebrate any occasion.The Ultimate Family Treehouse is a dream come true for kids and kids at heart with a three-deck treehouse featuring a rooftop terrace and private whirlpool, a two-deck teen space, and two main bedrooms each with their own bathroom and balcony.Families can stay in rooms designed just for them at the three-level Ultimate Family Townhouse with direct access to Surfside; Surfside Family Suites and Family Infinite Ocean View Balconies.For leveled-up accommodations, vacationers can unwind in style at the Royal Loft Suites and Icon Loft Suites for spacious comfort with prime ocean views. Plus, Interior Plus and Sunset Suites offer comfortable stays for vacationers resting up for the next big day of adventure.Signature Icon Class favorites will return on Hero, from the Royal Promenade neighborhood's restaurants, bars, floor-to-ceiling ocean views and the jaw-dropping Pearl – the world's largest kinetic art sculpture – to the open-air Central Park lined with more than 30,500 real plants, restaurants, and pick-up windows for sushi, champagne and more. Plus, the boldest entertainment takes center stage with new productions at the Royal Theater, the marquee AquaTheater and Absolute Zero – the largest ice arena at sea – along with spots for live music day and night.Hero will take vacationers on 7-night Eastern and Western Caribbean adventures from Miami, with every vacation visiting Royal Caribbean's top-rated exclusive destination at Perfect Day at CocoCay in The Bahamas. Guests can choose between weeklong Caribbean vacations wandering Western Caribbean spots like Roatan, Honduras, and Cozumel and Costa Maya, Mexico, or explore crystal-clear waters in Eastern Caribbean locales at Philipsburg, St. Maarten, and Charlotte Amalie, St. Thomas.Vacations on Hero are now open to book on Royal Caribbean's website.About Royal CaribbeanRoyal Caribbean, part of Royal Caribbean Group (NYSE: RCL), has delivered memorable vacations for more than 50 years. The cruise line's game-changing ships and exclusive destinations revolutionize vacations with industry-leading innovations and an all-encompassing combination of experiences, from thrills and ways to chill, to dining and entertainment, for every type of family and vacationer. Voted "Best Cruise Line Overall" for 23 consecutive years in the Travel Weekly Readers Choice Awards, Royal Caribbean makes memories with adventurers across more than 300 destinations in 80 countries on all seven continents, including the vacation brand's Perfect Day at CocoCay and Royal Beach Club Paradise Island in The Bahamas, plus four new signature destinations joining the?growing lineup by 2027.Media can stay up to date by following @RoyalCaribPR on X and visit www.RoyalCaribbeanPressCenter.com. For additional information or to book, vacationers can visit www.RoyalCaribbean.com, call (800) ROYAL-CARIBBEAN or contact their travel advisor.?    Video - https://www.youtube.com/watch?v=Hst6sl2PSRg
Photo - https://mma.prnewswire.com/media/2938417/Royal_Caribbean_Hero_of_the_Seas_Day_Aft_Aerial.jpg
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View original content:https://www.prnewswire.co.uk/news-releases/royal-caribbeans-hero-of-the-seas-introduces-the-next-evolution-of-family-vacation-experiences-302728670.html

Original: ROYAL CARIBBEAN'S HERO OF THE SEAS INTRODUCES THE NEXT EVOLUTION OF FAMILY VACATION EXPERIENCES

ROYAL CARIBBEAN'S HERO OF THE SEAS INTRODUCES THE NEXT EVOLUTION OF FAMILY VACATION EXPERIENCESMarch 30, 2026 9:03 AM
PR Newswire (US)

Arriving August 2027 in Miami, the new Icon Class vacation levels up family time with more ways to splash, adventure, dine and moreMIAMI, March 30, 2026 /PRNewswire/ -- Introducing the hero of family vacations: Royal Caribbean has revealed Hero of the Seas, the fourth Icon Class ship and bold evolution of family adventure arriving in Miami in August 2027. As part of the game-changing Icon Class that combines beach retreats, resort escapes and theme park thrills, Hero will raise the bar with more records and iconic ways for families to make lifelong memories. Hero's eight neighborhoods will be home to the most pools at sea, a record-breaking 28 dining venues and cooking classes for all ages, brand-new family raft slides, new accommodations for multigenerational families – including the three-story Ultimate Family Treehouse – and more. Vacations on Hero will soon open on Royal Caribbean's website, and Crown & Anchor Society loyalty members can book starting Wednesday, April 1, ahead of the official opening on Thursday, April 2. 

 

"Icon Class truly set a new standard for family vacations, and Hero of the Seas takes that vision even further," said Michael Bayley, president and CEO, Royal Caribbean. "With more water, more thrills and more choices for all ages, we're continuing to build on what our guests love about Royal Caribbean and delivering the experiences families are looking for when vacationing together."More Ways to SplashVacationers can dive into nine distinct pools – the most at sea – including family-friendly spaces, a new Caribbean-inspired pool, three adults-only options, the largest swim-up bars at sea and more.Hero will introduce Coconut Cove, an all-new pool steps away from the tropical Caribbean bar, The Lime and Coconut. With in-water loungers and poolside service for refreshing drinks, vacationers can kick back with views of the Central Park neighborhood's lush greenery.The Hideaway adults-only oasis will now feature two pools, including the largest swim-up bar at sea for tropical cocktails and an in-water DJ booth for nonstop party vibes.Familiar favorites will be revamped with more room to splash and unwind at the expanded Swim & Tonic pool and swim-up bar for adults, plus new water features at Splashaway Bay, the aquapark designed for young kids in the Surfside family neighborhood.More AdventureAdventure will reach new heights on Hero of the Seas with more action-packed thrills for the whole family to experience together.At Category 6 – the largest waterpark at sea – adventurers can take on two new family raft slides, including the first funnel raft slide at sea, along with new twists on the mat-racing Storm Chasers duo.Vacationers can test their courage on Crown's Edge – part skywalk, part zip line experience 154 feet above the ocean – or catch waves on the FlowRider surf simulator.Families can challenge one another to friendly competition at the Adrenaline Peak rock-climbing wall, Lost Dunes mini-golf course and sports courts for pickleball, basketball, soccer and more.More DiningHero serves up the most family-favorite eats in the fleet with 28 dining spots, bringing world flavors and immersive experiences to the table.The newest supper club experience, Orleans Parish Supper Club is a multi-course dining venue with live jazz, craft cocktails, and gourmet Cajun and Creole dishes inspired by the early 20th century elegance of the French Quarter.Royal Railway – Hero Station will bring to life the most immersive dining experience at sea that transports adventurous diners by train car to new destinations through a combination of entertainment, food and technology.The family-friendly Surfside neighborhood will host hands-on cooking classes in a new venue to be revealed. Families of all ages can learn kitchen skills together, from fun recipes for little ones to more advanced courses focused on chopping and baking.The AquaDome Market food hall will return with four new stall concepts, plus desserts at Crème de la Crêpe and freshly squeezed juices at Simply Pressed.The all-encompassing dining lineup will also include fleet favorites like sushi at Izumi and the walk-up window Izumi in the Park; family-style dishes at Giovanni's Italian Kitchen & Wine Bar, premium steaks at Chops Grille and fresh catches at Hooked Seafood. Plus, families can refuel throughout the day at grab-and-go spots with everything included like Basecamp for burgers and tater tots, El Loco Fresh for Mexican plates and Sorrento's for pizza.More Family StaysHero is decked out with more options than ever for families to stay in style and celebrate any occasion.The Ultimate Family Treehouse is a dream come true for kids and kids at heart with a three-deck treehouse featuring a rooftop terrace and private whirlpool, a two-deck teen space, and two main bedrooms each with their own bathroom and balcony.Families can stay in rooms designed just for them at the three-level Ultimate Family Townhouse with direct access to Surfside; Surfside Family Suites and Family Infinite Ocean View Balconies.For leveled-up accommodations, vacationers can unwind in style at the Royal Loft Suites and Icon Loft Suites for spacious comfort with prime ocean views. Plus, Interior Plus and Sunset Suites offer comfortable stays for vacationers resting up for the next big day of adventure.Signature Icon Class favorites will return on Hero, from the Royal Promenade neighborhood's restaurants, bars, floor-to-ceiling ocean views and the jaw-dropping Pearl – the world's largest kinetic art sculpture – to the open-air Central Park lined with more than 30,500 real plants, restaurants, and pick-up windows for sushi, champagne and more. Plus, the boldest entertainment takes center stage with new productions at the Royal Theater, the marquee AquaTheater and Absolute Zero – the largest ice arena at sea – along with spots for live music day and night.Hero will take vacationers on 7-night Eastern and Western Caribbean adventures from Miami, with every vacation visiting Royal Caribbean's top-rated exclusive destination at Perfect Day at CocoCay in The Bahamas. Guests can choose between weeklong Caribbean vacations wandering Western Caribbean spots like Roatan, Honduras, and Cozumel and Costa Maya, Mexico, or explore crystal-clear waters in Eastern Caribbean locales at Philipsburg, St. Maarten, and Charlotte Amalie, St. Thomas. Vacations on Hero are now open to book on Royal Caribbean's website.About Royal CaribbeanRoyal Caribbean, part of Royal Caribbean Group (NYSE: RCL), has delivered memorable vacations for more than 50 years. The cruise line's game-changing ships and exclusive destinations revolutionize vacations with industry-leading innovations and an all-encompassing combination of experiences, from thrills and ways to chill, to dining and entertainment, for every type of family and vacationer. Voted "Best Cruise Line Overall" for 23 consecutive years in the Travel Weekly Readers Choice Awards, Royal Caribbean makes memories with adventurers across more than 300 destinations in 80 countries on all seven continents, including the vacation brand's Perfect Day at CocoCay and Royal Beach Club Paradise Island in The Bahamas, plus four new signature destinations joining the?growing lineup by 2027.Media can stay up to date by following @RoyalCaribPR on X and visit www.RoyalCaribbeanPressCenter.com. For additional information or to book, vacationers can visit www.RoyalCaribbean.com, call (800) ROYAL-CARIBBEAN or contact their travel advisor.? 






















View original content to download multimedia:https://www.prnewswire.com/news-releases/royal-caribbeans-hero-of-the-seas-introduces-the-next-evolution-of-family-vacation-experiences-302728652.htmlSOURCE Royal Caribbean International

Original: ROYAL CARIBBEAN'S HERO OF THE SEAS INTRODUCES THE NEXT EVOLUTION OF FAMILY VACATION EXPERIENCES

ROYAL CARIBBEAN DELIVERS MORE ISLAND TIME THAN EVER WITH ROYAL BEACH CLUB LELEPA AND NEW 2027-28 AUSTRALIA SUMMER LINEUPMarch 18, 2026 5:12 PM
PR Newswire (US)

Australia's boldest summer yet features the first-of-its-kind South Pacific island experience, plus more short getaways and longer holidays on Anthem and Voyager of the Seas starting October 2027SYDNEY, March 18, 2026 /PRNewswire/ -- Royal Caribbean is unveiling its most exciting Australian summer yet with all-in holiday adventures and the debut of Royal Beach Club Lelepa*, the Southern Hemisphere's first Royal Caribbean exclusive cruise destination for a holiday like no other. From October 2027 to April 2028, travellers can look forward to more short getaways, weekend departures and ways to bask in island time on Anthem of the Seas from Sydney and Voyager of the Seas from Brisbane, delivering 2- to 12-night holidays across Australia, the sun-soaked South Pacific – including the ultimate beach day at the all-new Royal Beach Club Lelepa – and breathtaking New Zealand. The new lineup of 2027-28 holidays on two of the boldest ships at sea are now available to book on Royal Caribbean's website.
"As the most trusted holiday partner in Australia, Royal Caribbean continues to raise the bar on the ultimate family holiday with Royal Beach Club Lelepa – a first-of-its-kind destination in the Southern Hemisphere inspired by the natural beauty and spirit of the South Pacific region," said Gavin Smith, vice president and managing director, Australia and New Zealand, Royal Caribbean. "We know Australian families love holidaying in the South Pacific, and Lelepa takes that to an entirely new level with an experience they won't find anywhere else in the world. With an expanded lineup of weekend sailings, short escapes and longer ways to holiday, we're giving travellers even more reasons to explore fan-favourite destinations across Australia, New Zealand and the South Pacific."The ultimate island time is in store at Royal Beach Club Lelepa – a first-of-its-kind destination located on the island nation of Vanuatu in the Southern Hemisphere, included on every South Pacific getaway from Sydney and Brisbane starting October 2027. Guests can enjoy two pristine beaches, including a serene adults-only retreat and an activity-packed family beach where friendly competitions invite travellers to become the island's champion. Whether it's unwinding on sun-soaked shores, hiking a scenic nature trail or snorkeling in crystal-clear waters, Lelepa offers something for every kind of holidaymaker. From 10 bars and unlimited island eats to umbrellas, loungers and towels all included, guests can enjoy the perfect day in untouched paradise.Australian Summer 2027-2028 Highlights:Anthem of the Seas – From Sydney, AustraliaAcross 24 headline-making getaways ranging from three to 17 nights, the Quantum Class favourite is providing more ways to celebrate the weekend with 3-night escapes and South Pacific holidays, including visits to Royal Beach Club Lelepa for guests to bask in spectacular island beauty.9- to 12-night New Zealand holidays take holidaymakers to far-flung destinations, including Wellington, Christchurch, Dunedin and Milford Sound, for families looking to experience landscapes, culture and cuisine that deliver on the wow factor in one seamless getaway.Adding to the adventures are ways to ring in the festivities with a 9-night South Pacific Christmas holiday – featuring Christmas Day at Royal Beach Club Lelepa – and a New Zealand New Year getaway that welcomes 2028 in the beauty of the Sounds, turning the most wonderful time of year into a once-in-a-lifetime celebration.The spectacle of the season is a 17-night Transpacific adventure departing from Honolulu. Swapping the long-haul flight for a Pacific crossing, travellers can journey across the world's largest ocean before arriving in Australia in bold, unforgettable style.Voyager of the Seas – From Brisbane, AustraliaBringing the heat to the Sunshine State from October 2027, Voyager will deliver 29 sun-soaked holidays ranging from two to 25 nights, turning Queensland into the launchpad for memory-maxing adventures and more weekends for families and friends to experience the ultimate getaway.Starting at the beginning of the Queensland summer holidays, travellers can go from Brisbane to beyond beautiful 7-night South Pacific adventures visiting the brand-new Royal Beach Club Lelepa, along with Noumea, Lifou, Mystery Island, Port Vila and Luganville, including Christmas and New Year escapes.Closer to home, 4-night Whitsundays getaways to Airlie Beach, alongside six vibrant short escapes, put bragworthy beach days in Queensland's own backyard.For those ready to go bigger, a spectacular 25-night Transpacific adventure departing Seattle calls French Polynesia and Hawaii before arriving in Brisbane.With two iconic ships owning the lineup, the 2027-28 season brings bold adventures to maximise every moment at sea. Thrill-seekers can reach new heights on the RipCord by iFly skydiving simulator, master the waves on the FlowRider surf simulator, enjoy sweeping 360-degree ocean views from the North Star observation capsule, and have a friendly face off in the glow-in-the-dark Battle for Planet Z laser tag clash. When it's time to refuel, holidaymakers can discover flavours from around the world, including fresh sashimi at Izumi, premium steaks at Chops Grille, and rustic Italian classics at Giovanni's Table. World-class entertainment is the star of the show on both ships as Anthem hits the high notes with the Olivier Award-winning phenomenon "We Will Rock You," while Voyager dazzles with the ice-skating spectacular "Ice Odyssey," where professional skaters bring the magic and mystery of tarot cards to the rink.More details on the 2027-28 holidays are available on Royal Caribbean's website.About Royal Caribbean  
Royal Caribbean, part of Royal Caribbean Group (NYSE: RCL), has delivered memorable vacations for more than 50 years. The cruise line's game-changing ships and exclusive destinations revolutionize vacations with industry-leading innovations and an all-encompassing combination of experiences, from thrills and ways to chill, to dining and entertainment, for every type of family and vacationer. Voted "Best Cruise Line Overall" for 23 consecutive years in the Travel Weekly Readers Choice Awards, Royal Caribbean makes memories with adventurers across more than 300 destinations in 80 countries on all seven continents, including the vacation brand's Perfect Day at CocoCay and Royal Beach Club Paradise Island in The Bahamas, plus four new signature destinations joining the growing lineup by 2027.  Media can stay up to date by following?@RoyalCaribPR?on X and visit?www.RoyalCaribbeanPressCenter.com.?For?additional?information or to book, vacationers can visit?www.RoyalCaribbean.com,?call (800) ROYAL-CARIBBEAN or contact their travel advisor.   Photo - https://mma.prnewswire.com/media/2936407/Royal_Caribbean_International_Beach_Club.jpgPhoto - https://mma.prnewswire.com/media/2936408/RCI_Royal_Beach_Club_Lelepa.jpgPhoto - https://mma.prnewswire.com/media/2936409/Royal_Caribbean_International_Anthem_of_the_Seas.jpgLogo - https://mma.prnewswire.com/media/2514377/RCI_Brand_Logo.jpg



View original content:https://www.prnewswire.co.uk/news-releases/royal-caribbean-delivers-more-island-time-than-ever-with-royal-beach-club-lelepa-and-new-2027-28-australia-summer-lineup-302718018.html

Original: ROYAL CARIBBEAN DELIVERS MORE ISLAND TIME THAN EVER WITH ROYAL BEACH CLUB LELEPA AND NEW 2027-28 AUSTRALIA SUMMER LINEUP

ROYAL CARIBBEAN DELIVERS MORE ISLAND TIME THAN EVER WITH ROYAL BEACH CLUB LELEPA AND NEW 2027-28 AUSTRALIA SUMMER LINEUPMarch 18, 2026 5:00 PM
PR Newswire (US)

Australia's boldest summer yet features the first-of-its-kind South Pacific island experience, plus more short getaways and longer holidays on Anthem and Voyager of the Seas starting October 2027SYDNEY, March 18, 2026 /PRNewswire/ -- Royal Caribbean is unveiling its most exciting Australian summer yet with all-in holiday adventures and the debut of Royal Beach Club Lelepa*, the Southern Hemisphere's first Royal Caribbean exclusive cruise destination for a holiday like no other. From October 2027 to April 2028, travellers can look forward to more short getaways, weekend departures and ways to bask in island time on Anthem of the Seas from Sydney and Voyager of the Seas from Brisbane, delivering 2- to 12-night holidays across Australia, the sun-soaked South Pacific – including the ultimate beach day at the all-new Royal Beach Club Lelepa – and breathtaking New Zealand. The new lineup of 2027-28 holidays on two of the boldest ships at sea are now available to book on Royal Caribbean's website.







"As the most trusted holiday partner in Australia, Royal Caribbean continues to raise the bar on the ultimate family holiday with Royal Beach Club Lelepa – a first-of-its-kind destination in the Southern Hemisphere inspired by the natural beauty and spirit of the South Pacific region," said Gavin Smith, vice president and managing director, Australia and New Zealand, Royal Caribbean. "We know Australian families love holidaying in the South Pacific, and Lelepa takes that to an entirely new level with an experience they won't find anywhere else in the world. With an expanded lineup of weekend sailings, short escapes and longer ways to holiday, we're giving travellers even more reasons to explore fan-favourite destinations across Australia, New Zealand and the South Pacific."The ultimate island time is in store at Royal Beach Club Lelepa – a first-of-its-kind destination located on the island nation of Vanuatu in the Southern Hemisphere, included on every South Pacific getaway from Sydney and Brisbane starting October 2027. Guests can enjoy two pristine beaches, including a serene adults-only retreat and an activity-packed family beach where friendly competitions invite travellers to become the island's champion. Whether it's unwinding on sun-soaked shores, hiking a scenic nature trail or snorkeling in crystal-clear waters, Lelepa offers something for every kind of holidaymaker. From 10 bars and unlimited island eats to umbrellas, loungers and towels all included, guests can enjoy the perfect day in untouched paradise.Australian Summer 2027-2028 Highlights:Anthem of the Seas – From Sydney, AustraliaAcross 24 headline-making getaways ranging from three to 17 nights, the Quantum Class favourite is providing more ways to celebrate the weekend with 3-night escapes and South Pacific holidays, including visits to Royal Beach Club Lelepa for guests to bask in spectacular island beauty.9- to 12-night New Zealand holidays take holidaymakers to far-flung destinations, including Wellington, Christchurch, Dunedin and Milford Sound, for families looking to experience landscapes, culture and cuisine that deliver on the wow factor in one seamless getaway.Adding to the adventures are ways to ring in the festivities with a 9-night South Pacific Christmas holiday – featuring Christmas Day at Royal Beach Club Lelepa – and a New Zealand New Year getaway that welcomes 2028 in the beauty of the Sounds, turning the most wonderful time of year into a once-in-a-lifetime celebration.The spectacle of the season is a 17-night Transpacific adventure departing from Honolulu. Swapping the long-haul flight for a Pacific crossing, travellers can journey across the world's largest ocean before arriving in Australia in bold, unforgettable style.Voyager of the Seas – From Brisbane, AustraliaBringing the heat to the Sunshine State from October 2027, Voyager will deliver 29 sun-soaked holidays ranging from two to 25 nights, turning Queensland into the launchpad for memory-maxing adventures and more weekends for families and friends to experience the ultimate getaway.Starting at the beginning of the Queensland summer holidays, travellers can go from Brisbane to beyond beautiful 7-night South Pacific adventures visiting the brand-new Royal Beach Club Lelepa, along with Noumea, Lifou, Mystery Island, Port Vila and Luganville, including Christmas and New Year escapes.Closer to home, 4-night Whitsundays getaways to Airlie Beach, alongside six vibrant short escapes, put bragworthy beach days in Queensland's own backyard.For those ready to go bigger, a spectacular 25-night Transpacific adventure departing Seattle calls French Polynesia and Hawaii before arriving in Brisbane.With two iconic ships owning the lineup, the 2027-28 season brings bold adventures to maximise every moment at sea. Thrill-seekers can reach new heights on the RipCord by iFly skydiving simulator, master the waves on the FlowRider surf simulator, enjoy sweeping 360-degree ocean views from the North Star observation capsule, and have a friendly face off in the glow-in-the-dark Battle for Planet Z laser tag clash. When it's time to refuel, holidaymakers can discover flavours from around the world, including fresh sashimi at Izumi, premium steaks at Chops Grille, and rustic Italian classics at Giovanni's Table. World-class entertainment is the star of the show on both ships as Anthem hits the high notes with the Olivier Award-winning phenomenon "We Will Rock You," while Voyager dazzles with the ice-skating spectacular "Ice Odyssey," where professional skaters bring the magic and mystery of tarot cards to the rink.More details on the 2027-28 holidays are available on Royal Caribbean's website.About Royal Caribbean  
Royal Caribbean, part of Royal Caribbean Group (NYSE: RCL), has delivered memorable vacations for more than 50 years. The cruise line's game-changing ships and exclusive destinations revolutionize vacations with industry-leading innovations and an all-encompassing combination of experiences, from thrills and ways to chill, to dining and entertainment, for every type of family and vacationer. Voted "Best Cruise Line Overall" for 23 consecutive years in the Travel Weekly Readers Choice Awards, Royal Caribbean makes memories with adventurers across more than 300 destinations in 80 countries on all seven continents, including the vacation brand's Perfect Day at CocoCay and Royal Beach Club Paradise Island in The Bahamas, plus four new signature destinations joining the growing lineup by 2027.  Media can stay up to date by following?@RoyalCaribPR?on X and visit?www.RoyalCaribbeanPressCenter.com.?For?additional?information or to book, vacationers can visit?www.RoyalCaribbean.com,?call (800) ROYAL-CARIBBEAN or contact their travel advisor. 


















View original content to download multimedia:https://www.prnewswire.com/news-releases/royal-caribbean-delivers-more-island-time-than-ever-with-royal-beach-club-lelepa-and-new-2027-28-australia-summer-lineup-302718000.htmlSOURCE Royal Caribbean International

Original: ROYAL CARIBBEAN DELIVERS MORE ISLAND TIME THAN EVER WITH ROYAL BEACH CLUB LELEPA AND NEW 2027-28 AUSTRALIA SUMMER LINEUP

ROYAL CARIBBEAN ANNOUNCES QUANTUM OF THE SEAS' 2027-28 SINGAPORE GETAWAYS, MAKING ASIA HOLIDAYS BOLDER FOR EVERY GENERATIONMarch 18, 2026 12:19 PM
PR Newswire (US)

A familiar favourite returns to Singapore with 3- to 10-night adventures visiting iconic destinations in the region, including Malaysia, Thailand, Vietnam, Hong Kong and JapanSINGAPORE, March 18, 2026 /PRNewswire/ -- Quantum of the Seas will once again call Singapore home in 2027, giving adventurers across the region more ways to explore Asia. From October 2027 to March 2028, families and friends can choose from 3- to 10-night vacations from Singapore, sailing to the beaches, cities and cultures of Malaysia, Thailand, Vietnam, Hong Kong and Japan with the convenience of starting and ending their holiday in one of Asia's best-connected hubs.  
"Quantum of the Seas has become a familiar and much-loved ship for guests across Asia, and we're excited to bring these thrilling adventures back to Singapore," said Chad Grospe, vice president and managing director, Asia-Pacific, Royal Caribbean. "With these 2027-28 holidays, we're building on strong demand we've seen over past seasons – from 3- and 4-night getaways to longer adventures that connect vacationers to spectacular landscapes, cuisines and cultural wonders around Asia. Whether it's a multigenerational family holiday or a getaway with friends, it's all about making memories together."Holidaymakers of all ages on Quantum of the Seas can choose from a variety of adventures and must-see destinations in the region, with easy access for both local guests and fly-cruise holidaymakers. Highlights of the 2027-28 season include:Guests can experience the ultimate weekend escape with 3- and 4-night getaways through Southeast Asia's most captivating destinations, savouring the world-renowned street food of Penang's historic George Town and unwinding on the sun-soaked shores of Phuket.Those looking for more time away can choose between 4- and 5-night adventures to the sun-soaked shores of Phuket, Thailand, or delight in 10-night journeys that reach further to the bustling city of Bangkok, Thailand.For an extended journey, guests can embark on longer holidays of up to 10 nights to iconic cities like Ho Chi Minh City, Vietnam, and Hong Kong , along with bucket-list destinations in Japan such as Tokyo, Nagoya and Kobe where holidaymakers can experience each city's unique heritage as they travel westward from Tokyo to Nagoya's industrial origins and Kobe's awe-inspiring mountain views.On Quantum, thrill-seekers of all ages can test new heights on the Ripcord by iFly skydiving simulator, catch waves on the FlowRider, scale the rock-climbing wall and soak in sweeping ocean views from the North Star – the all-glass observation capsule that rises more than 300 feet above the sea. At SeaPlex, the largest indoor activity complex at sea, guests can keep the energy high with bumper cars, basketball and roller-skating, while younger vacationers can make a splash at the H2O Zone, a dedicated water play area designed just for them.Quantum of the Seas features a variety of dining and drink options to choose from allowing guests to savour a world of flavours between every adventure. The lineup features a medley of cuisines, including an exclusive five-course dining experience at Chef's Table, fresh sushi at Izumi, Tuscan family-style plates at Jamie's Italian, premium cuts at Chops Grille and imaginative dishes at Wonderland. Guests can also look forward to one-of-a-kind entertainment options designed to delight all ages, from full-scale productions at the Royal Theater to transformative performances at Two70 and a variety of live music spots for all moods.Vacationers can now book their Quantum of the Seas holidays on Royal Caribbean's website here.About Royal CaribbeanRoyal Caribbean, part of Royal Caribbean Group (NYSE: RCL), has delivered memorable vacations for more than 50 years. The cruise line's game-changing ships and exclusive destinations revolutionize vacations with industry-leading innovations and an all-encompassing combination of experiences, from thrills and ways to chill, to dining and entertainment, for every type of family and vacationer. Voted "Best Cruise Line Overall" for 23 consecutive years in the Travel Weekly Readers Choice Awards, Royal Caribbean makes memories with adventurers across more than 300 destinations in 80 countries on all seven continents, including the vacation brand's Perfect Day at CocoCay and Royal Beach Club Paradise Island in The Bahamas, plus four new signature destinations joining the growing lineup by 2027.Media can stay up to date by following @RoyalCaribPR on X and visit www.RoyalCaribbeanPressCenter.com. For additional information or to book, vacationers can visit www.RoyalCaribbean.com, call (800) ROYAL-CARIBBEAN or contact their travel advisor.  Photo - https://mma.prnewswire.com/media/2934902/RCI_Singapore_Deployment_2026.jpgLogo - https://mma.prnewswire.com/media/2514377/RCI_Brand_Logo.jpg



View original content:https://www.prnewswire.co.uk/news-releases/royal-caribbean-announces-quantum-of-the-seas-2027-28-singapore-getaways-making-asia-holidays-bolder-for-every-generation-302717703.html

Original: ROYAL CARIBBEAN ANNOUNCES QUANTUM OF THE SEAS' 2027-28 SINGAPORE GETAWAYS, MAKING ASIA HOLIDAYS BOLDER FOR EVERY GENERATION

ROYAL CARIBBEAN ANNOUNCES QUANTUM OF THE SEAS' 2027-28 SINGAPORE GETAWAYS, MAKING ASIA HOLIDAYS BOLDER FOR EVERY GENERATIONMarch 18, 2026 12:02 PM
PR Newswire (Canada)

A familiar favourite returns to Singapore with 3- to 10-night adventures visiting iconic destinations in the region, including Malaysia, Thailand, Vietnam, Hong Kong and JapanSINGAPORE, March 18, 2026 /CNW/ -- Quantum of the Seas will once again call Singapore home in 2027, giving adventurers across the region more ways to explore Asia. From October 2027 to March 2028, families and friends can choose from 3- to 10-night vacations from Singapore, sailing to the beaches, cities and cultures of Malaysia, Thailand, Vietnam, Hong Kong and Japan with the convenience of starting and ending their holiday in one of Asia's best-connected hubs.  







"Quantum of the Seas has become a familiar and much-loved ship for guests across Asia, and we're excited to bring these thrilling adventures back to Singapore," said Chad Grospe, vice president and managing director, Asia-Pacific, Royal Caribbean. "With these 2027-28 holidays, we're building on strong demand we've seen over past seasons – from 3- and 4-night getaways to longer adventures that connect vacationers to spectacular landscapes, cuisines and cultural wonders around Asia. Whether it's a multigenerational family holiday or a getaway with friends, it's all about making memories together."Holidaymakers of all ages on Quantum of the Seas can choose from a variety of adventures and must-see destinations in the region, with easy access for both local guests and fly-cruise holidaymakers. Highlights of the 2027-28 season include:Guests can experience the ultimate weekend escape with 3- and 4-night getaways through Southeast Asia's most captivating destinations, savouring the world-renowned street food of Penang's historic George Town and unwinding on the sun-soaked shores of Phuket.Those looking for more time away can choose between 4- and 5-night adventures to the sun-soaked shores of Phuket, Thailand, or delight in 10-night journeys that reach further to the bustling city of Bangkok, Thailand.For an extended journey, guests can embark on longer holidays of up to 10 nights to iconic cities like Ho Chi Minh City, Vietnam, and Hong Kong , along with bucket-list destinations in Japan such as Tokyo, Nagoya and Kobe where holidaymakers can experience each city's unique heritage as they travel westward from Tokyo to Nagoya's industrial origins and Kobe's awe-inspiring mountain views.On Quantum, thrill-seekers of all ages can test new heights on the Ripcord by iFly skydiving simulator, catch waves on the FlowRider, scale the rock-climbing wall and soak in sweeping ocean views from the North Star – the all-glass observation capsule that rises more than 300 feet above the sea. At SeaPlex, the largest indoor activity complex at sea, guests can keep the energy high with bumper cars, basketball and roller-skating, while younger vacationers can make a splash at the H2O Zone, a dedicated water play area designed just for them.Quantum of the Seas features a variety of dining and drink options to choose from allowing guests to savour a world of flavours between every adventure. The lineup features a medley of cuisines, including an exclusive five-course dining experience at Chef's Table, fresh sushi at Izumi, Tuscan family-style plates at Jamie's Italian, premium cuts at Chops Grille and imaginative dishes at Wonderland. Guests can also look forward to one-of-a-kind entertainment options designed to delight all ages, from full-scale productions at the Royal Theater to transformative performances at Two70 and a variety of live music spots for all moods.Vacationers can now book their Quantum of the Seas holidays on Royal Caribbean's website here.About Royal CaribbeanRoyal Caribbean, part of Royal Caribbean Group (NYSE: RCL), has delivered memorable vacations for more than 50 years. The cruise line's game-changing ships and exclusive destinations revolutionize vacations with industry-leading innovations and an all-encompassing combination of experiences, from thrills and ways to chill, to dining and entertainment, for every type of family and vacationer. Voted "Best Cruise Line Overall" for 23 consecutive years in the Travel Weekly Readers Choice Awards, Royal Caribbean makes memories with adventurers across more than 300 destinations in 80 countries on all seven continents, including the vacation brand's Perfect Day at CocoCay and Royal Beach Club Paradise Island in The Bahamas, plus four new signature destinations joining the growing lineup by 2027.Media can stay up to date by following @RoyalCaribPR on X and visit www.RoyalCaribbeanPressCenter.com. For additional information or to book, vacationers can visit www.RoyalCaribbean.com, call (800) ROYAL-CARIBBEAN or contact their travel advisor.  










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Original: ROYAL CARIBBEAN ANNOUNCES QUANTUM OF THE SEAS' 2027-28 SINGAPORE GETAWAYS, MAKING ASIA HOLIDAYS BOLDER FOR EVERY GENERATION

CELEBRITY CRUISES IS REDEFINING RIVER TRAVEL WITH THE INDUSTRY'S MOST EXTENSIVE AND EXPERIENTIAL DESTINATION EXPERIENCESMarch 13, 2026 8:00 AM
PR Newswire (US)

Celebrity River Cruises' on-land discovery program offers four curated categories that deliver exclusive and included cultural experiences in cities across Europe.MIAMI, March 13, 2026 /PRNewswire/ -- Celebrity River Cruises unveiled a new standard for river travel today with an extensive destination discovery program that features four unique experience categories, each designed for guests to take home stories no one else can provide. Local insiders lead the Storyteller Series and Skillmaster Series, while the Keys to the City Series gives guests the tech-driven power to explore on their own with insights curated to their unique interests and passions. Available once per sailing, the Celebrity Takeover Series delivers one-of-a-kind, bespoke experiences.







Whether in a port of call or on a pre- or post-cruise stay, these thoughtfully curated experiences will connect travelers to each destination's culture in deeply personal, richly immersive, and unforgettable ways throughout their Celebrity River Cruises vacation. Available across all 2027 and 2028 Celebrity River Cruises itineraries, and pre- and post-cruise stays in Prague, Budapest and Amsterdam."On a Celebrity River Cruises vacation, no two days are the same because no two places are. We've built a destination program that connects guests to Europe more personally than anything the river cruise industry has offered before," said Laura Hodges Bethge, president of Celebrity Cruises. "With our groundbreaking destination discovery options, paired with thoughtfully crafted spaces onboard that inspire relaxation and connection, Celebrity River Cruises guests will return home with stories no one else can tell."Storyteller Series: Included, locally led experiences that go beyond what guidebooks can captureCelebrity River Cruises' Storyteller Series offers experiences guided by residents, artists, and cultural insiders who call each destination home. Guests can choose from multiple included experiences per port, each balancing iconic landmarks with hosts' personal favorites and hidden stories that only locals know.For example, in Amsterdam a canal captain will share Amsterdam's centuries-long relationship with water, showing guests an unseen side of the city's iconic waterways. Guests will cruise hidden passages, through the eyes of someone with deep family ties to the region, as they admire the city's oldest building, Oude Kerk, board a legendary Dutch trading ship, and learn about modern canal engineering.In Prague, guests who enjoy discovering a city through food and drink will be led through the city's rich brewing traditions by a local brewer. From the brewer's unique perspective, guests will explore historic breweries like the bustling U Vejvodu Tavern to beer-infused artisanal shops. Taking a journey that blends history and hospitality into every pour, the brewer will show guests how centuries-old recipes shaped the city's culture of connection and celebration.Skillmaster Series: Included, hands-on experiences invite guests to actively participate in local culture Celebrity River Cruises' Skillmaster Series features included, locally led experiences that go beyond sightseeing. Guests craft, cook, and create alongside the artisans and makers who shape each destination's cultural identity.For example, in Budapest a local Mamika (grandmother) will lead aspiring culinarians through generations-old Hungarian recipes from her own home kitchen. After selecting ingredients at the local Central Market Hall, guests will uncover the dishes that bring Budapest's soul to the table through each of the Mamika's treasured family recipes and cooking secrets.In Amsterdam, a local artist leads a painting class that immerses guests in the imagination of Van Gogh. After exploring the famed painter's works at the iconic Van Gogh Museum, guests will discover the settings that influenced some of his greatest pieces while learning some of the techniques he used to turn emotion into color and movement into meaning.Keys to the City Series: Included independent digital discovery tools with complimentary behind-the-scenes access and stationed local hostsCelebrity River Cruises' Keys to the City Series provides guests with an included, tech-driven way to explore ports of call on their own, according to their personal interests. Through an innovative digital platform, guests access curated route maps tailored to specific interests such as art, history, food, and architecture.Interactive maps, audio guides and video content lead guests off the beaten tourist path to interest-led locations where stationed local hosts provide behind-the-scenes access and exclusive experiences at working studios and craft sites to create moments of surprise and delight.For example, architecture enthusiasts in Bratislava will follow their curiosity to St. Martin's Cathedral, hearing from a local historian who brings its coronation past to life, before hiking to Bratislava Castle to see how the fortress has watched centuries of change, then pausing beneath the modern span of the UFO Bridge with an architect who explains its bold vision.Or, uncover the city's authentic Slovak flavors from raising a glass in a traditional Slovak pub while a generational brewer pours his stories into every craft drop, to tasting delicate sweets in a family-run pastry shop where the baker shares recipes passed down through decades. Guests will curate their adventure, shaping their own path to uncover the stories of cities exactly as they choose.Celebrity Takeover Series: Included, one-of-a-kind experiences for bucket list memories The Celebrity Takeover Series offers exclusive, bespoke experiences once per sailing, transforming must-see European attractions and unassuming plazas into elevated private events available only to Celebrity River Cruises guests. Each Celebrity Takeover Series indulgent bucket-list experience is designed to be the defining memory of a guest's Celebrity River Cruises vacation.Pre- and Post-Cruise Stays: Experience The Celebrity Way before and after every sailingCelebrity River Cruises guests can extend their journey with multi-day pre- and post-cruise stays that carry the same locally-led, small-group discovery philosophy as every sailing. Available in Prague and Budapest beginning in 2027, and also Amsterdam in 2028, each stay includes daily small-group tours with local hosts, premium hotel accommodations, dedicated concierge service for dining reservations and private experiences, daily breakfast, and airport transfers.The result is a seamless, end-to-end journey from arrival to departure with no gap between the onboard Celebrity River Cruises experience and the destination discovery that defines it.Bookings open for 2027 and 2028 pre- and post-cruise stays this summer, and all other destination experiences will open for booking in 2027. Celebrity River Cruises sailings are on sale now. To experience Europe's rivers The Celebrity Way, visit www.celebritycruises.com/river, contact a Celebrity River Cruises expert at 1-833-474-8803, visit Future Cruise on board, or contact a trusted travel advisor.About Celebrity Cruises
Celebrity Cruises delivers an elevated premium vacation experience across their fleet of ocean and river ships traveling to over 300 destinations across more than 70 countries spanning all seven continents. Uniquely offering the intimate feel and thoughtful service of small ships, with the variety and excitement of bigger ones – guests can explore the world or get away from it for a little while. With every detail elevated beyond expectations, guests will never want to vacation any other way. An industry pioneer for more than 35 years, each Celebrity vacation offers experiences you won't find anywhere else.Celebrity Cruises is headquartered in Miami and is part of Royal Caribbean Group (NYSE: RCL). Visit www.celebritycruises.com for more information, and connect with us on Instagram, Facebook or LinkedIn.


















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Original: CELEBRITY CRUISES IS REDEFINING RIVER TRAVEL WITH THE INDUSTRY'S MOST EXTENSIVE AND EXPERIENTIAL DESTINATION EXPERIENCES

ROYAL CARIBBEAN'S NEWEST VACATION WILL BRING AMERICA'S GOT TALENT TO SEA FOR THE FIRST TIMEMarch 11, 2026 11:03 AM
PR Newswire (US)

Performers from the Got Talent universe will headline a new live stage show for families on Legend of the Seas, marking the global format's first-ever show at seaMIAMI, March 11, 2026 /PRNewswire/ -- Royal Caribbean is making waves with the debut of a brand-new America's Got Talent stage show on Legend of the Seas. In August 2026, America's Got Talent LIVE on Legend of the Seas will deliver a reimagined extension of the beloved global variety show to families from around the world, marking the first time the series will headline at sea.
"At Royal Caribbean, we are constantly redefining live entertainment at every turn—bringing jaw-dropping performances to life across stage, air, water, and ice—and America's Got Talent LIVE on Legend of the Seas is the perfect expression of that vision," said Christine Coachman, vice president of entertainment, Royal Caribbean. "As one of the most acclaimed entertainment franchises on television, America's Got Talent perfectly reflects our commitment to bold, world-class experiences that will truly wow our audiences on Legend."America's Got Talent LIVE on Legend of the Seas will amplify what has made the Got Talent franchise a global cultural phenomenon. Legend's Royal Theater will showcase a dynamic lineup of unique acts featuring performers from the Got Talent universe, from magicians and musicians to acrobats, aerialists and more."We're thrilled to bring Got Talent to an all-new at sea experience as we set sail for the first time with Royal Caribbean," said Erica Gadecki, Executive Vice President of Partnership Solutions, Fremantle. "We can't wait to showcase incredible acts from around the world on a brand-new stage onboard, creating an unforgettable experience for fans."From iconic performers showcasing the very best of Got Talent from around the globe to the golden ticket debut of Roald Dahl's "Charlie and the Chocolate Factory," Legend will bring to life experiences for all ages with a lineup of top-notch entertainment. Families will be on the edge of their seats with deck-defying high divers, aerialists, robots and dancers in the AquaTheater; and show-stopping performances at Absolute Zero, the largest ice arena at sea. Vacationers can keep the night going at one of more than 20 bars, lounges and live music spots, including jazz tunes at Lou's, sing-offs at Dueling Pianos, and iconic dining experiences transporting guests to the age of cinema at Hollywoodland Supper Club or the Silk Routes at Royal Railway – Legend Station. More information on Legend's new entertainment experiences will be revealed soon.  Legend will level up European summers with 7- night Western Mediterranean vacations from Barcelona, Spain, and Rome (Civitavecchia), Italy, visiting bucket-list locales such as Provence (Marseille), France; Naples, Italy; and Palma De Mallorca, Spain. The Icon Class vacation will then make its grand Caribbean debut in November 2026 with 6-night Western Caribbean and 8-night Southern Caribbean vacations from Fort Lauderdale, Florida. Along with each Caribbean vacation including a visit to Royal Caribbean's top-rated destination at Perfect Day at CocoCay in The Bahamas, adventurers will have the chance to bask in sun-soaked destinations like Oranjestad, Aruba, and Willemstad, Curacao. For additional information about Legend, vacationers can visit Royal Caribbean's website. About America's Got Talent
America's Got Talent was created by Simon Cowell and is co-produced by Fremantle and Syco Entertainment. The show has remained the No. 1 summer entertainment broadcast series for 20 consecutive years, with the next season set to premiere on NBC this summer. Simon Cowell, Sam Donnelly and Natasha Brugler are the executive producers.?For more information, please visit the official show site at:?http://www.nbc.com/agt [nbc.com]?and the official press website at?https://www.nbcumv.com [nbcumv.com].About Royal Caribbean
Royal Caribbean, part of Royal Caribbean Group (NYSE: RCL), has delivered memorable vacations for more than 50 years. The cruise line's game-changing ships and exclusive destinations revolutionize vacations with industry-leading innovations and an all-encompassing combination of experiences, from thrills and ways to chill, to dining and entertainment, for every type of family and vacationer. Voted "Best Cruise Line Overall" for 23 consecutive years in the Travel Weekly Readers Choice Awards, Royal Caribbean makes memories with adventurers across more than 300 destinations in 80 countries on all seven continents, including the vacation brand's Perfect Day at CocoCay and Royal Beach Club Paradise Island in The Bahamas, plus four new signature destinations joining the?growing lineup by 2027. Media can stay up to date by following @RoyalCaribPR on X and visit www.RoyalCaribbeanPressCenter.com. For additional information or to book, vacationers can visit www.RoyalCaribbean.com, call (800) ROYAL-CARIBBEAN or contact their travel advisor. Video - https://www.youtube.com/watch?v=BPVaTkD8YoI
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View original content:https://www.prnewswire.co.uk/news-releases/royal-caribbeans-newest-vacation-will-bring-americas-got-talent-to-sea-for-the-first-time-302711161.html

Original: ROYAL CARIBBEAN'S NEWEST VACATION WILL BRING AMERICA'S GOT TALENT TO SEA FOR THE FIRST TIME

ROYAL CARIBBEAN'S NEWEST VACATION WILL BRING AMERICA'S GOT TALENT TO SEA FOR THE FIRST TIMEMarch 11, 2026 10:29 AM
PR Newswire (Canada)

Performers from the Got Talent universe will headline a new live stage show for families on Legend of the Seas, marking the global format's first-ever show at sea MIAMI, March 11, 2026 /CNW/ -- Royal Caribbean is making waves with the debut of a brand-new America's Got Talent stage show on Legend of the Seas. In August 2026, America's Got Talent LIVE on Legend of the Seas will deliver a reimagined extension of the beloved global variety show to families from around the world, marking the first time the series will headline at sea.  

 

"At Royal Caribbean, we are constantly redefining live entertainment at every turn—bringing jaw-dropping performances to life across stage, air, water, and ice—and America's Got Talent LIVE on Legend of the Seas is the perfect expression of that vision," said Christine Coachman, vice president of entertainment, Royal Caribbean. "As one of the most acclaimed entertainment franchises on television, America's Got Talent perfectly reflects our commitment to bold, world-class experiences that will truly wow our audiences on Legend."America's Got Talent LIVE on Legend of the Seas will amplify what has made the Got Talent franchise a global cultural phenomenon. Legend's Royal Theater will showcase a dynamic lineup of unique acts featuring performers from the Got Talent universe, from magicians and musicians to acrobats, aerialists and more."We're thrilled to bring Got Talent to an all-new at sea experience as we set sail for the first time with Royal Caribbean," said Erica Gadecki, Executive Vice President of Partnership Solutions, Fremantle. "We can't wait to showcase incredible acts from around the world on a brand-new stage onboard, creating an unforgettable experience for fans."From iconic performers showcasing the very best of Got Talent from around the globe to the golden ticket debut of Roald Dahl's "Charlie and the Chocolate Factory," Legend will bring to life experiences for all ages with a lineup of top-notch entertainment. Families will be on the edge of their seats with deck-defying high divers, aerialists, robots and dancers in the AquaTheater; and show-stopping performances at Absolute Zero, the largest ice arena at sea. Vacationers can keep the night going at one of more than 20 bars, lounges and live music spots, including jazz tunes at Lou's, sing-offs at Dueling Pianos, and iconic dining experiences transporting guests to the age of cinema at Hollywoodland Supper Club or the Silk Routes at Royal Railway – Legend Station. More information on Legend's new entertainment experiences will be revealed soon.  Legend will level up European summers with 7- night Western Mediterranean vacations from Barcelona, Spain, and Rome (Civitavecchia), Italy, visiting bucket-list locales such as Provence (Marseille), France; Naples, Italy; and Palma De Mallorca, Spain. The Icon Class vacation will then make its grand Caribbean debut in November 2026 with 6-night Western Caribbean and 8-night Southern Caribbean vacations from Fort Lauderdale, Florida. Along with each Caribbean vacation including a visit to Royal Caribbean's top-rated destination at Perfect Day at CocoCay in The Bahamas, adventurers will have the chance to bask in sun-soaked destinations like Oranjestad, Aruba, and Willemstad, Curacao. For additional information about Legend, vacationers can visit Royal Caribbean's website. About America's Got Talent
America's Got Talent was created by Simon Cowell and is co-produced by Fremantle and Syco Entertainment. The show has remained the No. 1 summer entertainment broadcast series for 20 consecutive years, with the next season set to premiere on NBC this summer. Simon Cowell, Sam Donnelly and Natasha Brugler are the executive producers.?For more information, please visit the official show site at:?http://www.nbc.com/agt [nbc.com]?and the official press website at?https://www.nbcumv.com [nbcumv.com].About Royal Caribbean
Royal Caribbean, part of Royal Caribbean Group (NYSE: RCL), has delivered memorable vacations for more than 50 years. The cruise line's game-changing ships and exclusive destinations revolutionize vacations with industry-leading innovations and an all-encompassing combination of experiences, from thrills and ways to chill, to dining and entertainment, for every type of family and vacationer. Voted "Best Cruise Line Overall" for 23 consecutive years in the Travel Weekly Readers Choice Awards, Royal Caribbean makes memories with adventurers across more than 300 destinations in 80 countries on all seven continents, including the vacation brand's Perfect Day at CocoCay and Royal Beach Club Paradise Island in The Bahamas, plus four new signature destinations joining the?growing lineup by 2027. Media can stay up to date by following @RoyalCaribPR on X and visit www.RoyalCaribbeanPressCenter.com. For additional information or to book, vacationers can visit www.RoyalCaribbean.com, call (800) ROYAL-CARIBBEAN or contact their travel advisor.














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Original: ROYAL CARIBBEAN'S NEWEST VACATION WILL BRING AMERICA'S GOT TALENT TO SEA FOR THE FIRST TIME

CELEBRITY CRUISES' 2028 GALAPAGOS EXPEDITIONS ARE OPEN FOR BOOKINGMarch 10, 2026 9:10 AM
PR Newswire (US)

Each seven-night, 10-night, 11-night or 16-night all-inclusive itinerary on the Forbes Travel Guide rated Celebrity Flora promises an unforgettable vacation, immersing guests in the extraordinary wildlife and dramatic landscapes of the iconic archipelago.MIAMI, March 10, 2026 /PRNewswire/ -- Celebrity Cruises' 2028 Galapagos expeditions on the Forbes Travel Guide rated Celebrity Flora opened for booking today. More than 50 all-inclusive sailings in 2028 promise extraordinary, once-in-a-lifetime adventures. Every sailing offers unforgettable experiences – from snorkeling with sea lions, kayaking with sea turtles, exploring coastlines along breathtaking cliffs, encountering giant tortoises, and much more. Itineraries led by Galapagos National Park expert naturalists immerse guests in the destination each day, as they take in the breathtaking nature and wildlife of the diverse island archipelago.







An exclusive, 100-passenger mega-yacht, Celebrity Flora is designed specifically and purposefully for sailing in the Galapagos. Guests enjoy best-in-class, all-inclusive accommodations, elevated culinary offerings, one-of-a-kind experiences – such as glamping on board under the stars, and the unmatched hospitality Celebrity Cruises is known for. On seven-night, 10-night, 11-night or 16-night itineraries, guests can explore the Galapagos on outer loop and inner loop sailings, while extended experiences include opportunities to explore Quito, Ecuador, as well as Lima, Cusco, Sacred Valley and Machu Picchu in Peru."The Galapagos is one of the most extraordinary places on Earth, and we are privileged to offer our guests an elevated and intimate way to explore the region on the award-winning Celebrity Flora," said Laura Hodges Bethge, president of Celebrity Cruises. "Beyond delivering once-in-a-lifetime experiences, we are also committed to supporting the long-term conservation of these remarkable islands through our sustainability initiatives and community projects."In partnership with Galapagos National Park, Celebrity Cruises' "Rewilding Galapagos" initiative invites guests to help restore the natural habitats of the Galapagos Islands and protect endangered wildlife throughout the region. On each itinerary, Celebrity Flora guests visit a Scalesia reforestation area with Galapagos National Park naturalist guides to plant seedlings. To date, guests have helped restore more than 86 acres to support the incredibly biodiverse habitats that are home to iconic plant and animal species. As they sail the region in 2028, the initiative will reach a new milestone, planting 100,000 trees.The newly renovated Hernán Carrión Nursery, sponsored by the Celebrity Cruises Galapagos Fund, grows all the native plants used for reforestation efforts in the Galapagos. Established in 2005, this fund has supported local conservation efforts through the restoration of the islands' ecosystems and local community projects. Driven by a mission to deliver the best vacations responsibly, Celebrity Cruises is championing a broader commitment to SEA the Future by supporting environmental stewardship, energizing communities, and accelerating innovation. To learn more, visit: www.celebritycruises.com/galapagosstewardship.On Celebrity Cruises' Galapagos adventures, guests meet amazing wildlife, trek breathtaking landscapes, and discover the region through the eyes of expert naturalists, while enjoying Celebrity Flora's spacious accommodations, locally sourced and globally inspired cuisine, and the elevated hospitality Celebrity Cruises is known for. To book a sailing with Celebrity Cruises, visit www.celebrity.com, call Celebrity Cruises at 1-888-751-9303, or contact a trusted travel advisor.About Celebrity Cruises
Celebrity Cruises delivers an elevated premium vacation experience across their fleet of ocean and river ships traveling to over 300 destinations across more than 70 countries spanning all seven continents. Uniquely offering the intimate feel and thoughtful service of small ships, with the variety and excitement of bigger ones – guests can explore the world or get away from it for a little while. With every detail elevated beyond expectations, guests will never want to vacation any other way. An industry pioneer for more than 35 years, each Celebrity vacation offers experiences you won't find anywhere else.Celebrity Cruises is headquartered in Miami and is part of Royal Caribbean Group (NYSE: RCL). Visit www.celebritycruises.com for more information, and connect with us on Instagram, Facebook or LinkedIn.  


























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Original: CELEBRITY CRUISES' 2028 GALAPAGOS EXPEDITIONS ARE OPEN FOR BOOKING

Airline and cruise stocks slide as oil spike rattles travel sectorMarch 9, 2026 11:45 AM
IH Market News
Shares of major airlines and cruise operators fell sharply on Monday as surging oil prices triggered a selloff in travel-related stocks.United Airlines (NASDAQ:UAL) dropped 6%, while American Airlines (NASDAQ:AAL) fell 5%. Delta Air Lines (NYSE:DAL) declined 4.5% and Southwest Airlines (NYSE:LUV) slipped 3.8%, as investors reacted to the sharp rise in crude prices.Oil jumped roughly 20% in early Monday trading, reaching its highest levels since July 2022. The surge followed an escalation in the U.S.-Israeli conflict with Iran, which has prompted some Middle Eastern producers to curb supply and raised concerns about potential disruptions to tanker traffic through the Strait of Hormuz.Cruise operators also came under pressure. Carnival (NYSE:CCL) fell 7%, Royal Caribbean (NYSE:RCL) dropped 6.6%, and Norwegian Cruise Line (NYSE:NCLH) declined 6%.Deutsche Bank warned on Friday that the spike in oil prices could pose a serious threat to the airline industry. The firm noted that the sector suffered significant financial damage during the 2005 fuel price surge, when Delta Air Lines and Northwest Airlines were forced to file for bankruptcy.“Absent near-term relief, airlines around the world could be forced to ground” thousands of aircraft as a result of the Iran war, analyst Michael Linenberg wrote in a note. “Some of the industry’s financially weakest carriers could halt operations.”Although U.S. airlines are largely shielded from the direct travel disruptions affecting the Middle East, jet fuel accounts for as much as 30% of their operating costs, leaving them highly sensitive to fluctuations in oil prices.Analysts say that if the conflict persists, elevated oil prices could continue to weigh on airline profitability and the broader travel sector.United Airlines stock priceAmerican Airlines stock priceDelta Airlines stock priceSouthwest Airlines stock priceCarnival Corporation stock priceRoyal Caribbean stock priceRoyal Caribbean stock price

Original: Airline and cruise stocks slide as oil spike rattles travel sector

CELEBRITY CRUISES RELAUNCHES CELEBRITY SOLSTICE WITH EIGHT NEW EXPERIENCESMarch 3, 2026 9:42 AM
PR Newswire (US)

The renewed Celebrity Solstice departed Singapore on March 2, 2026, with eight new experiences - including four brand-new spaces, and will set sail in Alaska this summer. MIAMI, March 3, 2026 /PRNewswire/ -- Celebrity Cruises' revitalized Celebrity Solstice set sail from Singapore on March 2, unveiling eight new experiences, including four spaces that are new to Celebrity – Trattoria Rossa, Sunset Park, The Parlor, and Boulevard Lounge – marking the beginning of the cruise line's major revitalization of its Solstice Series ships. Bow-to-stern enhancements also include refreshed accommodations – with updates to all existing staterooms, plus an additional 54 staterooms and four new stateroom categories to bring the ship to a total of 1,479 cabins. The 2026 itineraries for the revitalized Celebrity Solstice span Asia, Australia, and Alaska, ahead of a landmark 110-night Grand Voyage beginning September 13, 2026.







"Celebrity Solstice launched our Solstice Series ships and defined a generation of Celebrity Cruises travel. This reimagination honors that heritage while setting a new standard for what an elevated vacation can be," said Laura Hodges Bethge, president of Celebrity Cruises. "Every new experience was designed around how our guests want to spend their time, backed by the unmatched hospitality that defines every Celebrity Cruises sailing."After sailing through Asia and Australia, the renewed Celebrity Solstice makes its Alaska season debut in Summer 2026. Beginning September 13, 2026, Celebrity Solstice embarks on The Grand Voyage: a 110-night sailing across more than 55 unrepeated ports spanning Alaska, the South Pacific, Australia, New Zealand, and Asia, concluding with a New Year's Eve arrival in Hong Kong.Sunset Park: Celebrity Solstice's New Top-Deck Outdoor DestinationSunset Park is the ship's new top-deck outdoor destination. The open-air social space features activities spanning yoga, lawn games, live music, and more, all with sweeping ocean views. New private cabanas offer shaded space to relax, designed specifically to maximize views, while dedicated attendants cater to guests' every need.The new Sunset Park Café offers casual bistro dining for breakfast and lunch. Breakfast serves a delicious assortment of sandwiches, quiches, pastries and other morning favorites, while lunch features fresh salads and wraps, as well as charcuterie boards available throughout the day. Also on the top deck, an expanded Sunset Bar offers handcrafted cocktails for guests to enjoy as they take in the views, making every hour – happy hour.New Dining: Trattoria Rossa and Fine Cut SteakhouseTwo new restaurants further elevate Celebrity Solstice's dining portfolio. Trattoria Rossa, new to Celebrity Cruises, is an Italian restaurant serving Roman and Southern Italian cuisine. Guests will savor seafood, classic meat dishes, and pastas made in-house daily, as well as tableside preparations that include Chicken Parmesan and Caesar Salad.Fine Cut Steakhouse, the Forbes Travel Guide-rated Edge Series guest-favorite, joins Celebrity Solstice, offering 30-day dry-aged steaks, fresh seafood, and the personalized service Celebrity Cruises is recognized for across its fleet.New Entertainment: Boulevard Lounge, The Parlor, and Two New Theatre ProductionsCelebrity Solstice debuts two new entertainment venues: Boulevard Lounge, a 125-seat venue, delivers all-day programming – from piano bar singalongs and karaoke to new game shows – with Boulevard Bar offering handcrafted cocktails directly adjacent, and The Parlor. The ship's new elevated sports and gaming lounge, The Parlor is the perfect place for friendly competition over billiards, darts and throwback board games – or to watch sports on the big screen. Enjoy gametime refreshments with a selection of craft cocktails, including the signature Red Basil Smash (gin, lemon, basil, and red wine), as well as Celebrity Cruises' award-winning wines and whiskies. Guests will also find shareable bites and elevated takes on comfort-food classics like Shrimp Mac N' Cheese and Celebrity's Signature Burger, paired with delectable desserts including Caramel Bread Pudding, House-Made Beignets and a selection of over-the-top milkshakes.In The Theatre, two production shows are making their Celebrity Solstice debut. Smoke and Ivories celebrates the iconic sound of the 1950s with piano entertainment, high-flying acrobatics and world class vocals; and Rockumentary, a live concert experience recreating landmark rock performances across the decades. Guests will also find new entertainment experiences throughout the ship, including a candle-lit concert featuring live, string renditions of rock performances, illuminated by the soft glow of candlelight.Stateroom Upgrades: Four New Categories, Updates to The Retreat and AquaClassAll existing staterooms on Celebrity Solstice have been fully upgraded, and 54 new staterooms have been added for a total of 1,479 cabins. Guests can also discover four new stateroom categories: the Panoramic Infinite Veranda Suite, two Panoramic Ocean View Suite categories, and the Deluxe Panoramic Ocean View. Guests of The Retreat, Celebrity Solstice's exclusive suite-class, will find a brand-new sundeck with an oversized hot tub, dedicated outdoor seating, and a redesigned private lounge.AquaClass staterooms, Celebrity Solstice's wellness-focused accommodations, have been refreshed with spa-inspired amenities including massaging shower heads, aromatherapy diffusers, in-room yoga mats, premium robes and slippers, and a pillow menu. AquaClass guests also receive complimentary access to the updated exclusive restaurant – Blu, and The Spa's Persian Garden – an extension of the onboard wellness program that earned Celebrity Cruises its #1 ranking for Best Cruise Lines for Wellness from U.S. News & World Report.Ship-wide enhancements extend to returning venues: Café Al Bacio, Cellar Masters, World Class Bar, Martini Bar, Pool Bar, Passport Bar, the Fitness Center, and Camp at Sea – alongside Luminae, exclusive to guests of The Retreat.For more information and to book a sailing with Celebrity Cruises, please visit www.celebritycruises.com, call Celebrity Cruises at 1-888-751-7804, or contact a trusted travel advisor.About Celebrity Cruises
Celebrity Cruises delivers an elevated premium vacation experience across their fleet of ocean and river ships traveling to over 300 destinations across more than 70 countries spanning all seven continents. Uniquely offering the intimate feel and thoughtful service of small ships, with the variety and excitement of bigger ones – guests can explore the world or get away from it for a little while. With every detail elevated beyond expectations, guests will never want to vacation any other way. An industry pioneer for more than 35 years, each Celebrity vacation offers experiences you won't find anywhere else.Celebrity Cruises is headquartered in Miami and is part of Royal Caribbean Group (NYSE: RCL). Visit www.celebritycruises.com for more information, and connect with us on Instagram, Facebook or LinkedIn. 


























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Original: CELEBRITY CRUISES RELAUNCHES CELEBRITY SOLSTICE WITH EIGHT NEW EXPERIENCES

Royal Caribbean Group announces completion of offering of $1.25 billion senior unsecured notes due 2033 and $1.25 billion senior unsecured notes due 2038February 27, 2026 4:15 PM
PR Newswire (US)

MIAMI, Feb. 27, 2026 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has completed its registered public offering of $1.25 billion aggregate principal amount of 4.750% senior unsecured notes due 2033 (the "2033 Notes") and $1.25 billion aggregate principal amount of 5.250% senior unsecured notes due 2038 (the "2038 Notes" and, together with the 2033 Notes, the "Notes"). The 2033 Notes will mature on May 15, 2033 and the 2038 Notes will mature on February 27, 2038, unless earlier redeemed or repurchased.







The Company intends to use the net proceeds from the sale of the Notes to refinance its senior notes maturing in 2026 and any remaining net proceeds to repay existing indebtedness, which may include term loans.J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and PNC Capital Markets LLC acted as lead book-running managers for the offering.The Notes were offered and sold pursuant to an automatic shelf registration statement (including a prospectus) that was filed by the Company with the Securities and Exchange Commission on February 29, 2024, and became effective upon filing."Completing these offerings at competitive long-term rates reinforces the depth of investor confidence in our credit and strengthens our financial foundation," said Naftali Holtz, Chief Financial Officer of Royal Caribbean Group. "Extending our maturities and reducing near-term refinancing needs further enhances our flexibility as we execute our growth and margin initiatives."This press release shall not constitute an offer to sell or a solicitation of an offer to buy the Notes or any other securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.Special Note Regarding Forward-Looking StatementsCertain statements in this press release relating to, among other things, the offering and sale of the Notes constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited, to: statements regarding terms of the offering of the Notes and the intended use of proceeds. Words such as "anticipate," "believe," "considering," "could," "driving," "estimate," "expect," "goal," "intend," "may," "plan," "project," "seek," "should," "will," "would" and similar expressions are intended to help identify forward-looking statements. Forward-looking statements reflect management's current expectations, but they are based on judgments and are inherently uncertain. Furthermore, they are subject to risks, uncertainties and other factors that could cause the Company's actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. Examples of these risks, uncertainties and other factors include, but are not limited to, the following: the impact of the economic and geopolitical environment on key aspects of the Company's business, such as the demand for cruises, passenger spending, and operating costs; changes in operating costs; the unavailability or cost of air service; incidents or adverse publicity concerning the Company's ships, port facilities, land destinations and/or passengers or the cruise vacation industry in general; the effects of weather, climate events and/or natural disasters on the Company's business; risks related to the Company's sustainability activities; the impact of issues at shipyards, including ship delivery delays or ship construction cost increases; shipyard unavailability; unavailability of ports of call; vacation industry competition and increase in industry capacity; inability to manage the Company's cost and capital allocation strategies; the uncertainties of conducting business globally and expanding into new markets and new ventures, including potential acquisitions; issues with travel advisers that sell and market the Company's cruises; reliance on third-party service providers; potential unavailability of insurance coverage; disease outbreaks and increased concern about the risk of illness on the Company's ships or when travelling to or from the Company's ships, which could cause a decrease in demand, guest cancellations, and ship redeployments; the risks and costs related to cyber security attacks, data breaches, protecting the Company's systems and maintaining data integrity and security; uncertainties of a foreign legal system as the Company is not incorporated in the United States; the Company's ability to obtain sufficient financing or capital to fund its capital expenditures, operations, debt repayments and other financing needs; the Company's expectation and ability to pay a cash dividend on its common stock in the future; changes to the Company's dividend policy; growing anti-tourism sentiments and environmental concerns; changes in U.S. or other countries' foreign travel policy; impact of new or changing legislation and regulations (including environmental regulations) or governmental orders on the Company's business; fluctuations in foreign currency exchange rates, fuel prices and interest rates; further impairments of the Company's goodwill, long-lived assets, equity investments and notes receivable; an inability to source crew or provisions and supplies from certain places; the Company's ability to recruit, develop and retain high quality personnel; and pending or threatened litigation, investigations and enforcement actions.Forward-looking statements should not be relied upon as predictions of actual results. Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to the Company on the date hereof. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.About Royal Caribbean GroupRoyal Caribbean Group is a leading global vacation company spanning cruise, exclusive destinations, and land-based vacation experiences. The company operates 69 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands -Royal Caribbean, Celebrity Cruises, and Silversea - and a 50% joint venture interest in TUI Cruises which operates the Mein Schiff and Hapag-Lloyd brands.The Group is expanding its portfolio of private destinations from three to eight by 2028 through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.Named to the Fortune World's Most Admired Companies 2026 and Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. 



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Original: Royal Caribbean Group announces completion of offering of $1.25 billion senior unsecured notes due 2033 and $1.25 billion senior unsecured notes due 2038

THE CORMORANT AT 55 SOUTH: SILVERSEA UNVEILS ALL PUBLIC SPACES OF HIGHLY ANTICIPATED SOUTHERNMOST HOTELFebruary 26, 2026 10:49 AM
PR Newswire (US)

The Cormorant will create the most convenient, comfortable, and seamless way to explore AntarcticaMIAMI, Feb. 26, 2026 /PRNewswire/ -- Silversea, the leading experiential luxury and expedition travel brand, has unveiled the interior spaces of its new 150-room hotel, The Cormorant at 55 South, in Puerto Williams, Chile, designed to streamline travel to one of the world's most remote destinations, while enhancing the overall guest experience. Set to welcome guests in October 2026, The Cormorant at 55 South, named for its unique location and the resilient seabird, will serve as a cornerstone of Silversea's innovative Antarctica Fly Cruise program, offering some of the most diverse polar experiences in luxury travel.

 

"The Cormorant at 55 South represents an exciting new chapter for Silversea, extending our commitment to luxury travel to Antarctica," said Bert Hernandez, president, Silversea. "This unique property will offer our guests the same hallmark comfort and personalized service they expect while on board our ships and will immerse them in the rich culture, traditions, and natural beauty of the region. The interior spaces are thoughtfully designed to reflect the spirit of this extraordinary destination."FIVE SIGNATURE SPACES INSPIRED BY NATURE AND ADVENTUREThe Cormorant's public spaces are designed to foster relaxation, reflection and discovery, blending Silversea's signature elegance with the raw beauty of Patagonia. Cozy lounges, curated gathering areas, and panoramic views of the surrounding wilderness invite guests to pause and connect with the spirit of the far south.THE FIREPLACE LOUNGEInspired by the region's reverence for fire as a symbol for gathering, hospitality, and storytelling, the fireplace lounge will serve as a place of retreat, with a variety of plush seating, fine wines, and signature cocktails. Sweeping vistas of the Patagonian landscape unfold from the lounge's expansive windows, as guests enjoy the comforting warmth of this one-of-a-kind fireplace.150 GUEST ROOMS Each of The Cormorant's 150 guest rooms are thoughtfully appointed, inviting guests to recharge before or after their voyage. Rooms offer serene forest views or water vistas of the Beagle channel, bringing guests closer to the breathtaking natural beauty of Patagonia and immersing them in the landscapes that define this region. The interiors feature warm wood tones and earthy elements, creating an authentic and calming environment. To further this connection, every room will incorporate handcrafted items created by Chilean artisans, adding a unique touch that celebrates local and regional culture.LATITUDE 55In addition to spaces honoring the nature of Puerto Williams, guests will enjoy a culinary experience rooted in Chilean flavors, with a dining venue that offers a warm, welcoming atmosphere and menus that celebrate the region's ingredients and traditions. At Latitude 55 – named for its location near the 55th parallel south – menus will celebrate Patagonia's rich flavors, blending regional staples with chef-inspired creations. In the evening, the restaurant turns into a family-style gathering that sparks stories of adventure and anticipation of the journey to come.BAR SURBar Sur will serve as the social heart of The Cormorant, offering teas and small bites by day and curated wines and spirits by night – all inspired by regional flavors. From wine tastings showcasing Patagonia's viticultural legacy to a guided tasting and hands-on cocktail masterclass of Chilean Pisco, a fragrant, high-proof grape brandy and Chile's most iconic spirit – every moment captures the essence of exploration.UNCHARTEDTo commemorate their visit to the southernmost hotel on earth, guests can visit Uncharted, The Cormorant's boutique. Here, keepsakes crafted by Chilean artisans, and expedition essentials provide lasting mementos of an extraordinary journey.A NEW GATEWAY TO ANTARCTICASilversea's pioneering Antarctica Fly Cruise itineraries – allowing guests to skip the Drake Passage – will include a hotel stay in Santiago, followed by a direct charter flight to Puerto Williams, where guests will enjoy a one-night stay at The Cormorant before continuing to King George Island for embarkation. Upon return, guests will again stay overnight at the hotel before flying back to Santiago.Guests will also have the opportunity to explore the natural beauty of Puerto Williams through activities such as nature walks, hiking, kayaking, and wildlife watching, further enriching their expedition experience. The hotel will operate seasonally from October to March, with dedicated staff trained in The Silversea Way, which reflects Silversea's philosophy of personalized service, destination expertise, and thoughtful attention to guest needs, to ensure a consistent and exceptional level of service and hospitality.LEARN MORE IN THE LATEST EPISODE OF STORIES BY SILVERSEA In the latest episode of Stories by Silversea, the brand's leaders and project partners go behind the scenes, offering a closer look at the spaces taking shape at The Cormorant and the elevated experiences guests can expect. Watch the episode here: A Legacy in the Making: Part 3.For more information on The Cormorant at 55 South and Silversea's Antarctica Fly Cruise program, visit: https://www.silversea.com/lp-antarctica-fly-cruise.htmlFind additional assets in our digital press kit: https://royalcaribbeangrouppresscenter.com/silversea/dpk/cormorantCautionary Statement Concerning Forward-Looking Statements
Certain statements in this press release relating to, among other things, expectations on timing, design, and demand for the development of The Cormorant at 55 South, constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. Words such as "set," "anticipate," "will," "scheduled," and similar expressions are intended to help identify forward-looking statements. Forward-looking statements reflect management's current expectations, are based on judgments, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. Examples of these risks, uncertainties and other factors include, but are not limited to, those included under the caption "Risk Factors" in our most recent annual report on Form 10-K, as well as our other filings with the SEC, copies of which may be obtained by visiting our Investor Relations website at www.rclinvestor.com or the SEC's website at www.sec.gov. Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to us on the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.About Silversea
Silversea is the leading experiential luxury and expedition travel brand, offering guests immersive experiences on all seven continents, personalized service, and an innovative culinary offering aboard its 12 intimate ocean and expedition ships. Silversea's itineraries encompass an unparalleled range of destinations worldwide, from the Mediterranean and the Caribbean to the Galápagos, both Polar Regions, and hundreds of fascinating places in between. Set to strengthen its destination leadership starting in 2026, the brand is developing the southernmost hotel on Earth, The Cormorant at 55 South, in Puerto Williams, Chile – offering guests a uniquely seamless journey to Antarctica. Silversea brings its like-minded guests closer to their destination in uncompromised comfort, championing the joy of travel, an enriching spirit of discovery, and an enduring commitment to Silversea's signature "To Finding More" promise. Silversea is owned and operated by global cruise company Royal Caribbean Group (NYSE: RCL). For more information, visit www.silversea.com. Media can stay up to date by visiting the brand's press center.Silversea, Otium, S.A.L.T., The Cormorant at 55 South, To Finding More, and the various ship names are registered trademarks of Silversea Cruises Ltd.About Royal Caribbean Group
Royal Caribbean Group (NYSE: RCL) is a vacation industry leader with a global fleet of 68 ships across its five brands traveling to all seven continents. With a mission to deliver the best vacations responsibly, Royal Caribbean Group serves millions of guests each year through its portfolio of best-in-class brands, including Royal Caribbean, Celebrity Cruises, and Silversea; and an expanding portfolio of land-based vacation experiences through Perfect Day at CocoCay and Royal Beach Club collection. The company also owns 50% of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. With a rich history of innovating, Royal Caribbean Group continually delivers exciting new products and guest experiences that help shape the future of leisure travel. Learn more at royalcaribbeangroup.com or rclinvestor.com.


































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Original: THE CORMORANT AT 55 SOUTH: SILVERSEA UNVEILS ALL PUBLIC SPACES OF HIGHLY ANTICIPATED SOUTHERNMOST HOTEL

➡️ Australia is currently missing out on an estimated $5–7 billion a year in international tourism revenue compared to its pre-pandemic peak.
That number comes from the fact that:

international arrivals are still about 11% lower than in 2019

long-haul travel from Asia hasn’t fully recovered

flight capacity and airfare prices remain high

business and conference travel is still lagging

visitors are spending slightly less per trip $RCL

Royal Caribbean Group Appoints Christopher J. Wiernicki to Board of DirectorsFebruary 17, 2026 8:27 AM
PR Newswire (US)

MIAMI, Feb. 17, 2026 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) today announced the appointment of Christopher J. Wiernicki, former Chairman & CEO, American Bureau of Shipping (ABS), to its Board of Directors, effective immediately.







Wiernicki brings more than four decades of commercial, government and international experience in marine and offshore design, along with operations, infrastructure and safety management, ports and bunkering, digitalization, cyber security, and clean energy transition expertise.During his fourteen-year tenure at the helm of ABS, a global leader in classification, certification, and verification, for marine and offshore assets, Wiernicki led the global enterprise to the leading global market position in marine and offshore classification, expanded the company into higher-value consulting and software services, and increased investment in digital platforms, advanced analytics, and research and development."Chris' disciplined approach to growth, innovation, and responsible operations will be highly valuable as we continue our evolution as a global vacation leader," said Jason Liberty, Chairman and CEO of Royal Caribbean Group. "In addition, his deep marine industry expertise brings important perspective to our Board as we continue to scale responsibly."Prior to stepping down from ABS, Wiernicki served as Chairman of the International Association of Classification Societies and held several senior roles at ABS, including president and chief operating officer, chief technology officer, and president and chief operating officer of ABS Europe Ltd. He was elected to the U.S. National Academy of Engineering in 2021 for his leadership in ship and offshore engineering and selected in 2022 to serve on the Marine Board of the National Academies of Sciences, Engineering, and Medicine. He is a Fellow with the Society of Naval Architects and Marine Engineers and has held senior advisory roles on the White House National Infrastructure Advisory Council and the U.S. Marine Transportation Board.Wiernicki holds a master's in ocean engineering from Massachusetts Institute of Technology (MIT), a master's in structural engineering from George Washington University, and a Bachelor of Science in civil engineering from Vanderbilt University.About Royal Caribbean Group
Royal Caribbean Group is a leading global vacation company spanning cruise, exclusive destinations, and land-based vacation experiences. The company operates 69 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands -Royal Caribbean, Celebrity Cruises, and Silversea - and a 50% joint venture interest in TUI Cruises which operates the Mein Schiff and Hapag-Lloyd brands.The Group is expanding its portfolio of private destinations from three to eight by 2028 through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.Named to the Fortune World's Most Admired Companies 2026 and Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit www.royalcaribbeangroup.com. 



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Original: Royal Caribbean Group Appoints Christopher J. Wiernicki to Board of Directors

Royal Caribbean Group announces pricing of $1.25 billion senior unsecured notes due 2033 and $1.25 billion senior unsecured notes due 2038February 12, 2026 5:03 PM
PR Newswire (US)

MIAMI, Feb. 12, 2026 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has priced a registered public offering of $1.25 billion aggregate principal amount of 4.750% senior unsecured notes due 2033 (the "2033 Notes") and $1.25 billion aggregate principal amount of 5.250% senior unsecured notes due 2038 (the "2038 Notes" and, together with the 2033 Notes, the "Notes"). The 2033 Notes will mature on May 15, 2033 and the 2038 Notes will mature on February 27, 2038. The Notes are expected to be issued on or around February 27, 2026, subject to the satisfaction of customary closing conditions.







The Company intends to use the net proceeds from the sale of the Notes to refinance its senior notes maturing in 2026 and any remaining net proceeds to repay existing indebtedness, which may include term loans.J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and PNC Capital Markets LLC are acting as lead book-running managers for the offering.The Notes offering is being made pursuant to an automatic shelf registration statement (including a prospectus) that was filed by the Company with the Securities and Exchange Commission (the "SEC") on February 29, 2024, and became effective upon filing. Before you invest, you should read the prospectus in the shelf registration statement and the documents incorporated by reference therein and the prospectus supplement that the Company has filed with the SEC for more complete information about the Company and the offering.Copies of the prospectus and related prospectus supplement relating to the offering may be obtained from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com, Morgan Stanley & Co. LLC, 1585 Broadway, New York, NY 10036, by telephone at 1-866-718-1649, and PNC Capital Markets LLC, 300 5th Avenue, 10th Floor, Pittsburgh, PA 15222, Attn: Securities Settlement, at

Royal Caribbean Group announces proposed offering of senior unsecured notesFebruary 12, 2026 8:53 AM
PR Newswire (US)

MIAMI, Feb. 12, 2026 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has commenced a registered public offering of senior unsecured notes (the "Notes").







The Company intends to use the net proceeds from the sale of the Notes to refinance its senior notes maturing in 2026 and any remaining net proceeds to repay existing indebtedness, which may include term loans.J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and PNC Capital Markets LLC are acting as lead book-running managers for the offering.The Notes offering is being made pursuant to an automatic shelf registration statement (including a prospectus) that was filed by the Company with the Securities and Exchange Commission (the "SEC") on February 29, 2024, and became effective upon filing. Before you invest, you should read the prospectus in the shelf registration statement and the documents incorporated by reference therein and the prospectus supplement that the Company has filed with the SEC for more complete information about the Company and the offering.Copies of the prospectus and related prospectus supplement relating to the offering may be obtained from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com, Morgan Stanley & Co. LLC, 1585 Broadway, New York, NY 10036, by telephone at 1-866-718-1649, and PNC Capital Markets LLC, 300 5th Avenue, 10th Floor, Pittsburgh, PA 15222, Attn: Securities Settlement, at

Royal Caribbean Group Raises Dividend Fifty PercentFebruary 10, 2026 4:30 PM
PR Newswire (US)

MIAMI, Feb. 10, 2026 /PRNewswire/ -- The Board of Directors of Royal Caribbean Group (NYSE: RCL) today declared a quarterly dividend of $1.50 per common share payable on April 3, 2026 to shareholders of record at the close of business on March 6, 2026. 







"This dividend increase reflects the continued strength of our business and the momentum across our global vacation portfolio," said Jason Liberty, President and CEO. "This step underscores our commitment to delivering meaningful returns to our shareholders while continuing to invest in the innovations and experiences that define Royal Caribbean Group."About Royal Caribbean Group
Royal Caribbean Group is a leading global vacation company spanning cruise, exclusive destinations, and land-based vacation experiences. The company operates 69 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands -Royal Caribbean, Celebrity Cruises, and Silversea - and a 50% joint venture interest in TUI Cruises which operates the Mein Schiff and Hapag-Lloyd brands.The Group is expanding its portfolio of private destinations from three to eight by 2028 through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.Named to the Fortune World's Most Admired Companies 2026 list and to Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit www.royalcaribbeangroup.com.



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Original: Royal Caribbean Group Raises Dividend Fifty Percent

ROYAL CARIBBEAN GROUP REPORTS 2025 RESULTS, ISSUES 2026 GUIDANCEJanuary 29, 2026 6:30 AM
PR Newswire (US)

Fourth quarter exceeds guidance, resulting in over 30% earnings growth in 2025WAVE season off to a record start, propelling momentum for 2026Adjusted EPS in 2026 are expected to be $17.70 to $18.10Expanding vacation portfolio with Royal Caribbean's new Discovery Class, and 10 additional ships for Celebrity River CruisesMIAMI, Jan. 29, 2026 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) today reported 2025 Earnings per Share ("EPS") of $15.61 and Adjusted EPS of $15.64. These results were better than the company's guidance primarily due to more favorable revenue and better performance from joint ventures. Looking ahead, demand remains strong and the company expects Adjusted EPS to be in the range of $17.70 to $18.10 per share in 2026.







"2025 was an outstanding year, and the momentum is further accelerating into 2026," said Jason Liberty, Chairman and CEO, Royal Caribbean Group. "WAVE is off to a great start and we continue to see strong and growing preference for our leading brands and differentiated vacation experiences. We expect another strong year of financial performance with both revenue and earnings growing double digits, and we remain on track to achieve our Perfecta goals by 2027," added Liberty."We are shaping the future by further investing in game-changing vacation experiences. The new Discovery Class for Royal Caribbean, the expansion of Celebrity River Cruises, and five new exclusive destinations launching by 2028 strengthen our long-term growth trajectory," added Liberty. "We are also creating long-term value by connecting our innovative ships, differentiated exclusive destinations, cross-brand loyalty program, and disruptive technologies into a single vacation ecosystem. We are attracting new guests and driving repeat engagement, turning the vacation of a lifetime into a lifetime of vacations."Full Year 2025 Results: Gross Margin Yields increased 8.5% as-reported. Net Yields increased 3.8% as-reported and 3.7% in Constant Currency.Gross Cruise Costs per Available Passenger Cruise Day ("APCD") decreased 0.6% as-reported. Net Cruise Costs ("NCC"), excluding Fuel, per APCD increased 0.1% as-reported and decreased 0.1% in Constant Currency.Total revenues were $17.9 billion, Net Income was $4.3 billion or $15.61 per share, Adjusted Net Income was $4.3 billion or $15.64 per share, and Adjusted EBITDA was $7.0 billion.Full Year 2026 Outlook:Net Yields are expected to increase 2.1% to 4.1% as-reported and 1.5% to 3.5% in Constant Currency. This includes 30 bps of headwind from itinerary modifications in China.NCC, excluding Fuel, per APCD are expected to be 0.4% to 1.4% as-reported and flat to up 1.0% in Constant Currency.Adjusted EPS is expected to be in the range of $17.70 to $18.10, representing a CAGR of 23% over the first two years of Perfecta. Perfecta is the company's multi-year financial program targeting 20% earnings CAGR from 2024 to 2027 and ROIC in the high teens by 2027.The company expects double-digit revenue and Adjusted EPS growth in 2026, driven by 6.7% higher capacity, as well as anticipated yield growth.Fourth Quarter 2025 ResultsNet Income for the fourth quarter of 2025 was $0.8 billion or $2.76 per share compared to Net Income of $0.6 billion or $2.02 per share for the same period in the prior year. Adjusted Net Income was $0.8 billion or $2.80 per share for the fourth quarter of 2025 compared to Adjusted Net Income of $0.4 billion or $1.63 per share for the same period in the prior year. The company also reported total revenues of $4.3 billion and Adjusted EBITDA of $1.5 billion.Gross Margin Yields increased 9.2% as-reported, and Net Yields increased 3.1% as-reported (2.5% in Constant Currency), when compared to the fourth quarter of 2024. Load factor for the quarter was 108%.Gross Cruise Costs per APCD decreased 4.5% as-reported, compared to 2024. NCC, excluding Fuel, per APCD decreased 5.8% as-reported and 6.3% in Constant Currency, when compared to 2024.Update on Bookings and Onboard RevenueSince the last earnings call, Cyber Sales and the onset of WAVE season have resulted in the highest seven booking weeks in the company's history. The company has approximately two-thirds of 2026 capacity booked, which is within historical ranges and at record rates, and the company continues to see elevated close-in bookings. Guest spending onboard and pre-cruise purchases continue to exceed prior years driven by greater participation at higher prices. Nearly 50% of onboard revenue in 2025 was booked pre-cruise, with 90% of pre-cruise purchases being made through digital channels. Looking to 2026, the share of booked guests who have purchased onboard revenue pre-cruise is up year-over-year."We're very pleased by the strength we're seeing across our portfolio as consumers continue to prioritize our vacation experiences," said Naftali Holtz, Chief Financial Officer, Royal Caribbean Group. "We continue to see net yield growth for key products, including the Caribbean, as our investments continue to differentiate us and strengthen our leadership in the region," added Holtz.First Quarter 2026Net Yields are expected to increase 2.4% to 2.9% as-reported and 1.0% to 1.5% in Constant-Currency as compared to 2025. This includes an impact of 30 bps from itinerary modifications in China.NCC, excluding Fuel, per APCD, is expected to increase 1.7% to 2.2% as-reported and 0.9% to 1.4% in Constant-Currency as compared to 2025.Based on current fuel pricing, interest rates, currency exchange rates and the factors detailed above, the company expects first quarter Adjusted EPS to be in the range of $3.18 to $3.28. Expanding Vacation PortfolioEarlier today, Royal Caribbean announced a?series of?agreements?with the?Chantiers?de?l'Atlantique shipyard in Saint Nazaire, France?to secure the construction of its highly?anticipated?Discovery Class ships?that will?redefine how Royal's guests experience the world.?The?agreements?include?two?firm?ship orders with options for?four?additional?ships.?The first?ship in the class?is set to debut in 2029, while the second ship?is scheduled to be delivered in 2032.?In addition, Celebrity Cruises announced a commitment for 10 new ships that will expand its river cruise fleet to 20 vessels by 2031. Celebrity River Cruises is Royal Caribbean Group's new premium river cruise vacation offering that will launch in 2027 and take guests to historic cities on the world's most iconic rivers."Today's announcements mark an exciting step forward in expanding our vacation portfolio across ocean and river," said Jason Liberty, Chairman and CEO, Royal Caribbean Group. "With Discovery Class, we're building a new platform with Chantiers de l'Atlantique that will advance next-generation innovation and sustainability while taking our guests to extraordinary destinations around the world. And with the next phase of Celebrity River Cruises, we're extending our vacation ecosystem into iconic rivers and historic cities - expanding into more geographies and itineraries over time while staying true to the elevated, guest-first experience Celebrity is known for. Together, these moves create more reasons for guests to vacation with us more often, for more occasions, and across our family of brands."Fuel ExpenseBunker pricing, net of hedging, for the fourth quarter was $667 per metric ton and consumption was 439,000 metric tons.  The company does not forecast fuel prices and its fuel cost calculations are based on current at-the-pump prices, net of hedging impacts. Based on today's fuel prices, the company has included?$275 million?of fuel expense in its first quarter guidance at a forecasted consumption of 436,000 metric tons, which is 66% hedged via swaps. Forecasted consumption is 60%, 47%, and 26% hedged via swaps for 2026, 2027, and 2028, respectively. The annual average cost per metric ton of the hedge portfolio is approximately $474, $393, and $416 for 2026, 2027, and 2028, respectively. The company provided the following guidance for the first quarter and full year 2026:FUEL STATISTICSFirst Quarter 2026Full Year 2026Fuel Consumption (metric tons)436,0001,762,000Fuel Expenses$275 million$1,173 millionPercent Hedged (fwd. consumption)66.0 %60.0 %
GUIDANCEAs-ReportedConstant Currency
First Quarter 2026Net Yields vs. 20252.4% to 2.9%1.0% to 1.5%Net Cruise Costs per APCD vs. 20250.2% to 0.7%(0.5%) to 0.0%Net Cruise Costs per APCD ex. Fuel vs. 20251.7% to 2.2%0.9% to 1.4%
Full Year 2026Net Yields vs. 20252.1% to 4.1%1.5% to 3.5%Net Cruise Costs per APCD vs. 2025(0.3%) to 0.7%(0.6%) to 0.4%Net Cruise Costs per APCD ex. Fuel vs. 20250.4% to 1.4%0.0% to 1.0%


GUIDANCEFirst Quarter 2026Full Year 2026APCDs13.7 million56.9 millionCapacity change vs. 20258.5 %6.7 %Depreciation and amortization$455 to $465 million$1,890 to $1,900 millionNet Interest, excluding loss on extinguishment of debt$245 to $255 million$990 to $1,000 millionAdjusted EPS$3.18 to $3.28$17.70 to $18.10
SENSITIVITYFirst Quarter 2026Full Year 20261% Change in Net Yields$36 million$156 million1% Change in NCC excluding Fuel$18 million$73 million
First Quarter 2026Full Year 20261% Change in Currency$5 million$25 million10% Change in Fuel prices$13 million$57 million100 basis pt. Change in SOFR$1 million$12 million

Exchange rates used in guidance calculations
GBP$1.34
AUD$0.67
CAD$0.72
EUR$1.17
LiquidityAs of December 31, 2025, the Group's liquidity position was $7.2 billion, which includes cash and cash equivalents and undrawn revolving credit facility capacity.During the fourth quarter of 2025, the company purchased 1.8 million of its shares for a total of $504 million. The company completed the prior $1 billion share repurchase program, authorized in February 2025 and currently has $1.8 billion remaining under its current program authorization.The company noted that as of December 31, 2025, the scheduled debt maturities for 2026, 2027, 2028, 2029 and 2030 were $3.2 billion, $2.6 billion, $3.2 billion, $1.1 billion, and $1.1 billion respectively.Capital Expenditures and Capacity GuidanceCapital expenditures for the full year 2026 are expected to be approximately $5 billion, based on current foreign exchange rates and are predominantly related to the company's new ship order book. The company expects to take delivery of Legend of the Seas in the second quarter of 2026 and has committed financing in place. Non-new ship related capital expenditures are expected to be $1.8 billion, a significant portion of which includes the company's previously announced private destinations under development including Perfect Day Mexico.Capacity changes for 2026 are expected to be 6.7% compared to 2025. Capacity changes for 2027, 2028, and 2029 are expected to be 4%, 6%, and 7%, respectively. These figures do not include potential ship sales or additions that the company may elect in the future.Conference call scheduled The company has scheduled a conference call at 10 a.m. Eastern Time today. This call can be heard, either live or on a delayed basis, on the company's investor relations website at www.rclinvestor.com. Definitions
Selected Operational and Financial MetricsAdjusted Earnings per Share ("Adjusted EPS") is a non-GAAP measure that represents Adjusted Net Income attributable to Royal Caribbean Cruises Ltd. (as defined below) divided by weighted average shares outstanding or by diluted weighted average shares outstanding, as applicable. We believe that this non-GAAP measure is meaningful when assessing our performance on a comparative basis.Adjusted EBITDA is a non-GAAP measure that represents EBITDA (as defined below) excluding certain items that we believe adjusting for is meaningful when assessing our profitability on a comparative basis. For the periods presented, these items included (i) other income; (ii) restructuring charges and other initiative expenses; (iii) equity investment impairment, recovery of losses, and other; and (iv) impairment losses.Adjusted EBITDA Margin is a non-GAAP measure that represents Adjusted EBITDA (as defined above) divided by total revenues.Adjusted Gross Margin represents Gross Margin, adjusted for payroll and related, food, fuel, other operating, and depreciation and amortization expenses. Gross Margin is calculated pursuant to GAAP as total revenues less total cruise operating expenses, and depreciation and amortization.Adjusted Net Income attributable to Royal Caribbean Cruises Ltd. is a non-GAAP measure that represents Net Income attributable Royal Caribbean Cruises Ltd., excluding certain items that we believe adjusting for is meaningful when assessing our performance on a comparative basis. For the periods presented, these items included (i) loss on extinguishment of debt and inducement expense; (ii) restructuring charges and other initiatives expenses; (iii) the amortization of the Silversea intangible assets resulting from the Silversea acquisition; (iv) gain on sale of noncontrolling interest; (v) equity investment impairment, recovery of losses and other; (vi) litigation loss contingency, which includes the 2024 release of the loss contingency recorded in 2022 in connection with the Havana Docks litigation inclusive of related legal fees and costs; (vii) impairment losses; and (viii) tax on the sale of PortMiami noncontrolling interest.Adjusted Operating Income represents operating income including income from equity investments and provision for income taxes but excluding certain items for which we believe adjusting for is meaningful when assessing our operating performance on a comparative basis. We use this non-GAAP measure to calculate ROIC (as defined below).Available Passenger Cruise Days ("APCD") is our measurement of capacity and represents double occupancy per cabin multiplied by the number of cruise days for the period, which excludes canceled cruise days and cabins not available for sale. We use this measure to perform capacity and rate analysis to identify our main non-capacity drivers that cause our cruise revenue and expenses to vary.Constant Currency is a significant measure for our revenues and expenses, which are denominated in currencies other than the U.S. Dollar. Because our reporting currency is the U.S. Dollar, the value of these revenues and expenses in U.S. Dollar will be affected by changes in currency exchange rates. Although such changes in local currency prices are just one of many elements impacting our revenues and expenses, it can be an important element. For this reason, we also monitor our revenues and expenses in "Constant Currency" - i.e., as if the current period's currency exchange rates had remained constant with the comparable prior period's rates. For the 2025 periods presented, we calculate "Constant Currency" by applying the average for 2024 or Q4 2024 period exchange rates for each of the corresponding months of the reported and/or forecasted period, so as to calculate what the results would have been had exchange rates been the same throughout both periods. We do not make predictions about future exchange rates and use current exchange rates for calculations of future periods. It should be emphasized that the use of Constant Currency is primarily used by us for comparing short-term changes and/or projections. Over the longer term, changes in guest sourcing and shifting the amount of purchases between currencies can significantly change the impact of the purely currency-based fluctuations.EBITDA is a non-GAAP measure that represents Net Income attributable to Royal Caribbean Cruises Ltd. excluding (i) interest income; (ii) interest expense, net of interest capitalized; (iii) depreciation and amortization expenses; and (iv) provision for income taxes. We believe that this non-GAAP measure is meaningful when assessing our operating performance on a comparative basis.Gross Cruise Costs represent the sum of total cruise operating expenses plus marketing, selling and administrative expenses.Gross Margin Yield represent Gross Margin per APCD.Invested Capital represents the most recent five-quarter average of total debt (i.e., Current portion of long-term debt plus Long-term debt) plus the most recent five-quarter average of Total shareholders' equity. We use this measure to calculate ROIC (as defined below).Net Cruise Costs ("NCC") and NCC excluding Fuel are non-GAAP measures that represent Gross Cruise Costs excluding commissions, transportation and other expenses and onboard and other expenses and, in the case of Net Cruise Costs excluding Fuel, fuel expenses. In measuring our ability to control costs in a manner that positively impacts net income, we believe changes in Net Cruise Costs and Net Cruise Costs excluding Fuel to be the most relevant indicators of our cost performance. For periods presented, Net Cruise Costs and Net Cruise Costs excluding Fuel exclude (i) restructuring charges and other initiative expenses; and (ii) impairment losses. Net Yields represent Adjusted Gross Margin per APCD. We utilize Adjusted Gross Margin and Net Yields to manage our business on a day-to-day basis as we believe that they are the most relevant measures of our pricing performance because they reflect the cruise revenues earned by us net of our most significant variable costs, which are commissions, transportation and other expenses, and onboard and other expenses.Occupancy ("Load factor"), in accordance with cruise vacation industry practice, is calculated by dividing Passenger Cruise Days (as defined below) by APCD. A percentage in excess of 100% indicates that three or more passengers occupied some cabins.Passenger Cruise Days ("PCD") represent the number of passengers carried for the period multiplied by the number of days of their respective cruises.Perfecta Program refers to the multi-year Adjusted EPS and ROIC goals we are seeking to achieve by end of 2027. Under our Perfecta Program, we are targeting 20% compound annual growth rate in Adjusted EPS compared to 2024 and ROIC of 17% or higher by the end of 2027.Return on Invested Capital ("ROIC") represents Adjusted Operating Income divided by Invested Capital. We believe ROIC is a meaningful measure because it quantifies how efficiently we generated operating income relative to the capital we have invested in the business.For additional information see "Adjusted Measures of Financial Performance" below.About Royal Caribbean Group
Royal Caribbean Group is a leading global vacation company spanning cruise, exclusive destinations, and land-based vacation experiences. The company operates 69 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands -Royal Caribbean, Celebrity Cruises, and Silversea - and a 50% joint venture interest in TUI Cruises which operates the Mein Schiff and Hapag-Lloyd brands.The Group is expanding its portfolio of private destinations from three to eight by 2028 through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.Named to the Fortune World's Most Admired Companies 2026 list and to Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit www.royalcaribbeangroup.com. Cautionary Statement Concerning Forward-Looking Statements
Certain statements in this press release relating to, among other things, our future performance estimates, forecasts and projections constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to: statements regarding revenues, costs and financial results for 2026 and beyond; anticipated timing for launch of private destinations; our progress toward achievement of our Perfecta Program; demand for our brands; expectations on timing and demand for river cruising offerings; future capital expenditures; and expectations regarding our credit profile. Words such as "anticipate," "believe," "could," "driving," "estimate," "expect," "goal," "intend," "may," "plan," "encouraged," "project," "shaping up," "position," "allows," "seek," "should," "will," "would," "considering," and similar expressions are intended to help identify forward-looking statements. Forward-looking statements reflect management's current expectations, are based on judgments, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. Examples of these risks, uncertainties and other factors include, but are not limited to, the following: the impact of the economic and geopolitical environment, including changing tariffs and the related uncertainty thereof, on key aspects of our business, such as the demand for cruises, passenger spending, and operating costs; changes in operating costs; the unavailability or cost of air service; disease outbreaks and increased concern about the risk of illness on our ships or when travelling to or from our ships, which could cause a decrease in demand, guest cancellations, and ship redeployments; incidents or adverse publicity concerning our ships, port facilities, land destinations and/or passengers or the cruise vacation industry in general; the effects of weather, climate events and/or natural disasters on our business; risks related to our sustainability activities; the impact of issues at shipyards, including ship delivery delays, ship cancellations or ship construction cost increases; shipyard unavailability; unavailability of ports of call; vacation industry competition and increase in industry capacity and overcapacity; inability to manage our cost and capital allocation strategies; the uncertainties of conducting business globally and expanding into new markets and new ventures, including potential acquisitions; issues with travel advisers that sell and market our cruises; reliance on third-party service providers; potential unavailability of insurance coverage; the risks and costs related to cyber security attacks, data breaches, protecting our systems and maintaining data integrity and security; uncertainties of a foreign legal system as we are not incorporated in the United States; our ability to obtain sufficient financing or capital to fund our capital expenditures, operations, debt repayments and other financing needs; our expectation and ability to pay a cash dividend on our common stock in the future; changes to our dividend policy; growing anti-tourism sentiments and environmental concerns; changes in U.S. or other countries' foreign travel policy; impact of new or changing legislation and regulations (including environmental regulations) or governmental orders on our business; fluctuations in foreign currency exchange rates, fuel prices and interest rates; further impairments of our goodwill, long-lived assets, equity investments and notes receivable; an inability to source our crew or our provisions and supplies from certain places; our ability to recruit, develop and retain high quality personnel; and pending or threatened litigation, investigations and enforcement actions.More information about factors that could affect our operating results is included under the caption "Risk Factors" in our most recent annual report on Form 10-K, as well as our other filings with the SEC, copies of which may be obtained by visiting our Investor Relations website at www.rclinvestor.com or the SEC's website at www.sec.gov. Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to us on the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.Adjusted Measures of Financial Performance
This press release includes certain adjusted financial measures defined as non-GAAP financial measures under Securities and Exchange Commission rules, which we believe provide useful information to investors as a supplement to our consolidated financial statements, which are prepared and presented in accordance with generally accepted accounting principles, or U.S. GAAP.The presentation of adjusted financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with U.S. GAAP. These measures may be different from adjusted measures used by other companies. In addition, these adjusted measures are not based on any comprehensive set of accounting rules or principles. Adjusted measures have limitations in that they do not reflect all of the amounts associated with our results of operations as do the corresponding U.S. GAAP measures.A reconciliation to the most comparable U.S. GAAP measure of all adjusted financial measures included in this press release can be found in the tables included at the end of this press release. We have not provided a quantitative reconciliation of the projected non-GAAP financial measures to the most comparable GAAP financial measures because preparation of meaningful U.S. GAAP projections would require unreasonable effort. Due to significant uncertainty, we are unable to predict, without unreasonable effort, the future movement of foreign exchange rates, fuel prices and interest rates inclusive of our related hedging programs. In addition, we are unable to determine the future impact of non-core business related gains and losses which may result from strategic initiatives. These items are uncertain and could be material to our results of operations in accordance with U.S. GAAP. Due to this uncertainty, we do not believe that reconciling information for such projected figures would be meaningful. ROYAL CARIBBEAN CRUISES LTD.CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(in millions, except per share data)








Quarter Ended
Year Ended
December 31,
December 31,
2025
2024
2025
2024
(unaudited)
(unaudited)









Passenger ticket revenues$              2,937
$              2,599
$            12,515
$               11,499Onboard and other revenues1,323
1,161
5,419
4,986Total revenues4,259
3,761
17,935
16,484Cruise operating expenses:






  Commissions, transportation and other545
492
2,369
2,250  Onboard and other206
183
981
909  Payroll and related356
342
1,366
1,301  Food269
237
1,019
934  Fuel293
284
1,146
1,160  Other operating572
514
2,202
2,098Total cruise operating expenses2,242
2,052
9,083
8,652Marketing, selling and administrative expenses630
674
2,223
2,125Depreciation and amortization expenses453
411
1,718
1,600Operating Income 933
624
4,910
4,106Other income (expense):






  Interest income7
3
24
16  Interest expense, net of interest capitalized(267)
(266)
(992)
(1,590)  Equity investment income100
57
414
260  Other income4
141
17
149Income before income taxes777
559
4,373
2,941Provision for income taxes(15)
—
(82)
(46)Net Income762
559
4,291
2,896Less: Net Income attributable to noncontrolling interest8
6
23
18Net Income attributable to Royal Caribbean Cruises Ltd.$                 754
$                 553
$              4,268
$                2,877







Earnings per Share:






Basic$                2.78
$                2.06
$              15.75
$                11.00Diluted$                2.76
$                2.02
$              15.61
$                10.94







Weighted-Average Shares Outstanding:






Basic271
269
271
261Diluted273
277
274
279







Comprehensive Income (Loss)






Net Income$                 762
$                 559
$              4,291
$                2,896Other comprehensive income (loss):






  Foreign currency translation adjustments2
17
(26)
17  Change in defined benefit plans(2)
9
(4)
12  (Loss) gain on cash flow derivative hedges(76)
(75)
228
(157)Total other comprehensive (loss) income(76)
(49)
198
(128)Comprehensive Income 686
510
4,489
2,768Less: Comprehensive Income attributable to noncontrolling interest8
6
23
18Comprehensive Income attributable to Royal Caribbean Cruises Ltd.$                 678
$                 504
$              4,466
$                2,750

Certain amounts may not add or calculate due to use of rounded numbers. ROYAL CARIBBEAN CRUISES LTD.STATISTICS(unaudited)

Quarter Ended
Year Ended
December 31,
December 31,
2025
2024
2025
2024







Passengers Carried2,484,241
2,159,429
9,446,010
8,564,272Passenger Cruise Days15,116,254
13,678,795
58,518,751
54,844,780APCD14,025,949
12,716,724
53,325,212
50,552,731Occupancy107.8 %
107.6 %
109.7 %
108.5 % ROYAL CARIBBEAN CRUISES LTD.CONSOLIDATED BALANCE SHEETS(in millions, except share data)




As of
December 31,
December 31,
2025
2024
(unaudited)

Assets


Current assets


  Cash and cash equivalents$                         825
$                         388  Trade and other receivables, net 317
371  Inventories264
265  Prepaid expenses and other assets690
670  Derivative financial instruments115
11Total current assets2,211
1,705  Property and equipment, net35,696
31,831  Operating lease right-of-use assets620
677  Goodwill808
808  Other assets2,284
2,049Total assets$                    41,619
$                     37,070



Liabilities and shareholders' equity


Current liabilities


Current portion of long-term debt$                      3,180
$                      1,603Current portion of operating lease liabilities90
74Accounts payable953
919Accrued expenses and other liabilities2,026
1,635Derivative financial instruments67
90Customer deposits5,739
5,496Total current liabilities12,055
9,817Long-term debt18,165
18,473Long-term operating lease liabilities600
670Other long-term liabilities554
375Total liabilities31,374
29,335Shareholders' equity


Preferred stock ($0.01 par value; 20,000,000 shares authorized; 0ne outstanding)—
—Common stock ($0.01 par value; 500,000,000 shares authorized; 303,054,848 and 297,368,235
shares issued, December 31, 2025 and December 31, 2024, respectively)3
3Paid-in capital7,964
7,831Retained earnings5,925
2,612Accumulated other comprehensive loss(604)
(802)Treasury stock (32,631,826 and 28,468,430 common shares at cost, December 31, 2025 and
December 31, 2024, respectively)(3,251)
(2,081)Total shareholders' equity attributable to Royal Caribbean Cruises Ltd.10,037
7,563  Noncontrolling Interest208
172Total shareholders' equity10,245
7,735Total liabilities and shareholders' equity$                    41,619
$                     37,070 ROYAL CARIBBEAN CRUISES LTD.CONSOLIDATED STATEMENTS OF CASH FLOWS(in millions)




Year Ended December 31,
2025
2024
(unaudited)

Operating Activities


Net Income$        4,291
$       2,896Adjustments:


  Depreciation and amortization1,718
1,600  Net deferred income tax expense18
—  (Gain) loss on derivative instruments not designated as hedges(49)
77  Share-based compensation expense175
267  Equity investment income(414)
(260)  Amortization of debt issuance costs, discounts and premiums97
98  Loss on extinguishment of debt and inducement expense16
463Changes in operating assets and liabilities:


  (Increase) decrease in trade and other receivables, net(3)
52  Increase in inventories, net—
(17)  Increase in prepaid expenses and other assets(100)
(137)  Increase in accounts payable27
120  Increase in accrued expenses and other liabilities216
—  Increase in customer deposits243
186Dividends received from unconsolidated affiliates264
29Other, net(34)
(109)Net cash provided by operating activities6,465
5,265



Investing Activities


Purchases of property and equipment(5,229)
(3,268)Cash received on settlement of derivative financial instruments200
14Cash paid on settlement of derivative financial instruments(24)
(130)Investments in and loans to unconsolidated affiliates(106)
(67)Cash received on loans to unconsolidated affiliates126
18Other, net21
(13)Net cash used in investing activities(5,012)
(3,446)



Financing Activities


Debt proceeds4,671
10,318Debt issuance costs(118)
(133)Repayments of debt(3,534)
(11,651)Premium on repayment of debt(2)
(292)Repurchase of common stock(1,159)
—Dividends paid(824)
(107)Other, net(52)
(57)Net cash used in financing activities(1,018)
(1,922)Effect of exchange rate changes on cash2
(6)Net increase (decrease) in cash and cash equivalents437
(109)Cash and cash equivalents at beginning of year388
497Cash and cash equivalents at end of year$           825
$          388



Supplemental Disclosures


Cash paid during the year for:


Interest, net of amount capitalized$           864
$       1,210Non-Cash Investing Activities


Purchases of property and equipment included in accounts payable and accrued expenses and other liabilities$             72
$            47Non-Cash Financing Activities


Non-cash inducement on convertible notes exchange$               7
$          104 ROYAL CARIBBEAN CRUISES LTD.NON-GAAP RECONCILING INFORMATION(unaudited)Gross Margin Yields, Net Yields and Adjusted Gross Margin per PCD are calculated as follows (in millions, except APCD, PCD, Yields, and Adjusted Gross
Margin per PCD. Certain amounts may not add or calculate due to the use of rounded numbers):












Quarter Ended December 31,
Year Ended December 31,
2025
2025 On a
Constant
Currency Basis
2024
2025
2025 On a
Constant
Currency Basis
2024Total revenues$              4,259
$              4,236
$              3,761
$            17,935
$            17,915
$            16,484Less:










Cruise operating expenses2,242
2,232
2,052
9,083
9,058
8,652Depreciation and amortization expenses453
453
411
1,718
1,718
1,600Gross Margin1,564
1,550
1,298
7,133
7,140
6,231Add:










Payroll and related356
355
342
1,366
1,366
1,301Food269
269
237
1,019
1,019
934Fuel293
293
284
1,146
1,146
1,160Other operating572
567
514
2,202
2,188
2,098Depreciation and amortization expenses453
453
411
1,718
1,718
1,600Adjusted Gross Margin$              3,508
$              3,488
$              3,086
$            14,585
$            14,577
$            13,325











APCD14,025,949
14,025,949
12,716,724
53,325,212
53,325,212
50,552,731Passenger Cruise Days15,116,254
15,116,254
13,678,795
58,518,751
58,518,751
54,844,780Gross Margin Yields$            111.49
$            110.53
$            102.06
$            133.77
$            133.89
$            123.27Net Yields$            250.09
$            248.72
$            242.66
$            273.51
$            273.35
$            263.59Adjusted Gross Margin per PCD$            232.05
$            230.78
$            225.60
$            249.24
$            249.09
$            242.96 ROYAL CARIBBEAN CRUISES LTD.NON-GAAP RECONCILING INFORMATION(unaudited)











Gross Cruise Costs, Net Cruise Costs and Net Cruise Costs excluding Fuel are calculated as follows (in millions, except APCD and costs per APCD. Certain
amounts may not add or calculate due to the use of rounded numbers):












Quarter Ended December 31,
Year Ended December 31,
2025
2025 On a
Constant
Currency Basis
2024
2025
2025 On a
Constant
Currency Basis
2024Total cruise operating expenses$              2,242
$              2,232
$              2,052
$              9,083
$              9,058
$              8,652Marketing, selling and administrative
expenses630
627
674
2,223
2,220
2,125Gross Cruise Costs2,872
2,859
2,726
11,306
11,277
10,778Less:










Commissions, transportation and other545
542
492
2,369
2,362
2,250Onboard and other206
205
183
981
976
909Net Cruise Costs including other costs2,121
2,112
2,051
7,957
7,938
7,619Less:










Restructuring charges and other initiatives
expenses (1)1
1
5
8
8
10Impairment losses (2)—
—
3
—
—
9Net Cruise Costs2,120
2,111
2,043
7,949
7,931
7,600Less:










Fuel293
293
284
1,146
1,146
1,160Net Cruise Costs excluding Fuel$              1,827
$              1,818
$              1,759
$              6,803
$              6,784
$              6,440











APCD14,025,949
14,025,949
12,716,724
53,325,212
53,325,212
50,552,731Gross Cruise Costs per APCD$            204.79
$            203.84
$            214.33
$            212.03
$            211.48
$            213.20Net Cruise Costs per APCD$            151.15
$            150.48
$            160.63
$            149.07
$            148.72
$            150.34Net Cruise Costs excluding Fuel per
APCD$            130.27
$            129.61
$            138.31
$            127.57
$            127.23
$            127.40

(1) These amounts are included in Marketing, selling and administrative expenses within our consolidated statements of comprehensive income (loss).(2) For 2024, represents property and equipment impairment charges related to certain construction in progress assets. These amounts are included in Other operating within our consolidated statements of comprehensive income (loss). ROYAL CARIBBEAN CRUISES LTD.NON-GAAP RECONCILING INFORMATION(unaudited)EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin are calculated as follows (in millions, except APCD and per APCD data. Certain amounts may not
add or calculate due to the use of rounded numbers):










Quarter Ended December 31,
Year Ended December 31,

2025
2024
2025
2024








Net Income attributable to Royal Caribbean Cruises Ltd.
$                754
$                553
$             4,268
$             2,877Interest income
(7)
(3)
(24)
(16)Interest expense, net of interest capitalized
267
266
992
1,590Depreciation and amortization expenses
453
411
1,718
1,600Provision for income taxes
15
—
82
46EBITDA
1,483
1,227
7,036
6,097








Other income
(4)
(141)
(17)
(149)Restructuring charges and other initiatives expenses (1)
1
5
8
10Equity investment impairment, recovery of losses and other
—
4
(1)
4Impairment losses (2)
—
3
—
9Adjusted EBITDA
$              1,481
$             1,098
$             7,025
$             5,971








Total revenues
$              4,259
$             3,761
$           17,935
$           16,484








APCD
14,025,949
12,716,724
53,325,212
50,552,731Net Income attributable to Royal Caribbean Cruises Ltd. per APCD
$              53.76
$             43.46
$             80.04
$             56.92Adjusted EBITDA per APCD
$            105.55
$             86.35
$           131.75
$           118.13Adjusted EBITDA Margin
34.8 %
29.2 %
39.2 %
36.2 %

(1)These amounts are included in Marketing, selling and administrative expenses within our consolidated statements of comprehensive income (loss).(2)For 2024, represents property and equipment impairment charges related to certain construction in progress assets. These amounts are included in Other operating within our consolidated statements of comprehensive income (loss). ROYAL CARIBBEAN CRUISES LTD.NON-GAAP RECONCILING INFORMATION(unaudited)Adjusted Net Income attributable to Royal Caribbean Cruises Ltd. and Adjusted Earnings per Share are calculated as follows (in millions, except per share data.
Certain amounts may not add or calculate due to the use of rounded numbers):




Quarter Ended December 31,
Year Ended December 31,
2025
2024
2025
2024







Net Income attributable to Royal Caribbean Cruises Ltd.$                   754
$                   553
$                4,268
$                2,877Loss on extinguishment of debt and inducement expense (1)6
7
16
463Restructuring charges and other initiatives expenses (2)1
5
8
10Amortization of Silversea intangible assets resulting from the Silversea
acquisition (3)2
2
6
6Gain on sale of noncontrolling interest (4)—
—
(11)
—Equity investment impairment, recovery of losses and other—
(1)
(1)
(1)Litigation loss contingency (5)—
(124)
—
(124)Impairment losses (6)—
3
—
9PortMiami tax on sale of noncontrolling interest (7)—
—
—
(3)Adjusted Net Income attributable to Royal Caribbean Cruises Ltd.$                   762
$                   445
$                4,286
$                3,237







Earnings per Share - Diluted (8)$                  2.76
$                  2.02
$                15.61
$                10.94Adjusted Earnings per Share - Diluted (9)$                  2.80
$                  1.63
$                15.64
$                11.80







Weighted-Average Shares Outstanding - Diluted273
277
274
279

(1)For 2025 and 2024, includes $10 million and $119 million, respectively, of inducement expense related to the settlements of our 6.00% convertible notes due 2025. These amounts are included in Interest expense, net of interest capitalized within our consolidated statements of comprehensive income (loss).(2) These amounts are included in Marketing, selling and administrative expenses within our consolidated statements of comprehensive income (loss).(3)Represents the amortization of the Silversea intangible assets resulting from the 2018 Silversea acquisition.(4) Represents gain on sale of noncontrolling interest of Floating Docks and Grand Bahama Shipyard. These amounts are included in Other income within our consolidated statements of comprehensive income (loss).(5)For 2024, represents the release of the loss contingency recorded in 2022, in connection with the Havana Docks litigation inclusive of related legal fees and costs. These amounts are included in Other income within our consolidated statements of comprehensive income (loss).(6)For 2024, represents property and equipment impairment charges related to certain construction in progress assets. These amounts are included in Other operating within our consolidated statements of comprehensive income (loss).(7) For 2024, represents adjustments to tax impacts on the 2023 PortMiami sale of noncontrolling interest. These amounts are included in Other income (expense) in our consolidated statements of comprehensive income (loss).(8)  Diluted EPS includes the add-back of $16 million and $175 million of dilutive inducement and interest expense related to our convertible notes for the year ended December 31, 2025, and 2024, respectively, and none and $5 million for the quarters ended December 31, 2025, and 2024, respectively.(9)Adjusted Diluted EPS includes the add-back of dilutive interest expense related to our convertible notes of $6 million and $56 million for the year ended December 31, 2025, and 2024, respectively, and none and $5 million for the quarters ended December 31, 2025, and 2024 respectively. ROYAL CARIBBEAN CRUISES LTD.NON-GAAP RECONCILING INFORMATION (unaudited)Adjusted Operating Income and ROIC, are calculated as follows: (in millions, except ROIC. Certain amounts may not add or
calculate due to the use of rounded numbers):


For the Twelve Months Ended
December 31, 2025Operating Income$                                                4,910Including:Equity investment income414Provision for income taxes(82)Adjustments:
Restructuring charges and other initiatives expenses (1)8Amortization of Silversea intangible assets related to Silversea acquisition (2)6Gain on sale of noncontrolling interest (3)(11)Equity investment impairment, recovery of losses and other(1)Adjusted Operating Income$                                                5,243

Invested Capital$                                              29,174

ROIC18.0 %

(1) These amounts are included in Marketing, selling and administrative expenses within our consolidated statements of comprehensive income (loss).(2) Represents the amortization of the Silversea intangible assets resulting from the 2018 Silversea acquisition.(3) For 2025 represents gain on sale of noncontrolling interest of Floating Docks and Grand Bahama Shipyard. These amounts are included in Other income within our consolidated statements of comprehensive income (loss). 



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Original: ROYAL CARIBBEAN GROUP REPORTS 2025 RESULTS, ISSUES 2026 GUIDANCE

ROYAL CARIBBEAN GROUP EXPANDS VACATION PORTFOLIO WITH NEW DISCOVERY CLASS TO BE BUILT AT THE CHANTIERS DE L'ATLANTIQUE SHIPYARD IN FRANCEJanuary 29, 2026 6:15 AM
PR Newswire (US)

MIAMI and SAINT NAZAIRE, France, Jan. 29, 2026 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) today announced a series of agreements with the Chantiers de l'Atlantique (CdA) shipyard in Saint Nazaire, France to secure the construction of its highly anticipated Discovery Class ships that will redefine how Royal's guests experience the world. The agreements include two firm ship orders with options for four additional ships. The first ship in the class is set to debut in 2029, while the second ship is scheduled to be delivered in 2032.







"The Discovery Class represents our continued commitment to shaping the future of vacations. These ships will be a showcase of what's possible when design meets purpose, ultimately bringing the world closer to our guests," said Jason Liberty, Chairman and CEO, Royal Caribbean Group. "Through our partnership with Chantiers de l'Atlantique, we are leveraging France's world-class shipbuilding ecosystem and new technology to, once again, reimagine the industry for decades to come."This partnership builds on a legacy that began in 1985, when Chantiers de l'Atlantique constructed Royal Caribbean Group's original Sovereign Class ships – Sovereign of the Seas, Monarch of the Seas and Majesty of the Seas – and continues today with groundbreaking ship classes, including Oasis Class, from game changing Harmony of the Seas, as well as Celebrity Cruises' Edge Series, and now, Royal Caribbean's new Discovery Class."The Discovery Class introduces a bold new concept that puts our guests at the center of it all. It will deliver extraordinary, one-of-a-kind experiences — from cutting edge design to immersive moments — every detail crafted to surprise and delight guests in ways they've never imagined, all while visiting truly breathtaking destinations around the world," added Michael Bayley, President and CEO, Royal Caribbean.Chantiers de l'Atlantique, one of the world's most renowned shipyards, has a long history of building industry leading ships. Over the past four decades, the shipyard has built a total of 21 ships for Royal Caribbean Group, and the yard is currently building two more ships with Oasis 7 and Celebrity Xcite."Royal Caribbean Group has been keenly focused on disrupting the vacation industry with their innovative and bold vacation offerings. Partnering with Jason and Michael to bring the Discovery Class to life is an opportunity to showcase the future of shipbuilding. Together, we are shaping a new generation of ocean vacations that will lead the industry toward a more innovative future," said Laurent Castaing, Chief Executive Officer, Chantiers de l'Atlantique.With a differentiated ecosystem that includes a pipeline of multiple ocean and river ships over the next three years plus eight total land based destinations by 2028, unique vacation experiences, an innovative loyalty program, and a seamless digital ecosystem, Royal Caribbean Group is in the midst of revealing its multiyear portfolio of new vacation offerings that span ocean, river and land based vacations, solidifying its position as a vacation innovator.This collaboration strengthens Royal Caribbean Group's global shipbuilding network and reinforces its commitment to sustainability and cutting-edge technology. The ship orders are contingent upon customary conditions.For more information on Royal Caribbean Group and its leading vacation brands, visit royalcaribbeangroup.com.About Royal Caribbean Group
Royal Caribbean Group is a leading global vacation company spanning cruise, exclusive destinations, and land based vacation experiences. The company operates 69 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands – Royal Caribbean, Celebrity Cruises, and Silversea – and a 50% joint venture interest in TUI Cruises, which operates the Mein Schiff and Hapag Lloyd brands.The Group is expanding its portfolio of private destinations from three to eight by 2028 through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.Named to the Fortune World's Most Admired Companies 2026 list and to Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit royalcaribbeangroup.com.About Chantiers de l'Atlantique
Thanks to the expertise of its teams and its network of subcontractors, combined with top industrial technology, Chantiers de l'Atlantique is a key leader in the design, integration, testing and precise delivery of cruise ships, naval vessels, electrical substations for offshore wind farms and fleet services. The company is a pioneer in the challenges of tomorrow. Thanks to its research and development, Chantiers de l'Atlantique offers ships with the highest environmental performance, as well as equipment for offshore wind farms, making it a major player in global energy transition.For further information please see here. 



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Original: ROYAL CARIBBEAN GROUP EXPANDS VACATION PORTFOLIO WITH NEW DISCOVERY CLASS TO BE BUILT AT THE CHANTIERS DE L'ATLANTIQUE SHIPYARD IN FRANCE

CELEBRITY RIVER CRUISES ANNOUNCES 10 MORE SHIPS, AND OPENS 2028 EUROPEAN DEPLOYMENT WITH 80% MORE DESTINATIONSJanuary 29, 2026 6:20 AM
PR Newswire (US)

Celebrity River Cruises bolsters its fleet capacity to 20 ships by 2031, with 2028 European sailings now open for booking.MIAMI, Jan. 29, 2026 /PRNewswire/ -- Celebrity River Cruises today announced a commitment for 10 new ships that will expand its European river cruise fleet to 20 vessels by 2031. The announcement marks the start of construction, with the first steel cut for Celebrity Compass – the line's debut river ship. The expansion will make Celebrity River Cruises one of the largest European river cruise operators, offering more itineraries and destinations than ever before. The 2028 season is now open for booking, featuring an 80% increase in European destinations compared to the brand's inaugural 2027 deployment.







To celebrate these milestones, Celebrity River Cruises opened its highly anticipated 2028 season for booking – offering more than 160 sailings to over 50 destinations across Europe. Guests can sail the Rhine to the vineyards of Alsace, follow the Danube to Budapest's centuries-old market halls, or wake up in Prague and end the day at a café in the heart of Vienna. Celebrity River Cruises launches in 2027 with Celebrity Compass and Celebrity Seeker, followed by Celebrity Wanderer, Celebrity Roamer, and Celebrity Boundless joining the fleet in 2028."Guest demand for Celebrity River Cruises has exceeded our expectations, and expanding the fleet allows us to bring this highly anticipated experience to even more travelers," said Jason Liberty, chairman and CEO, Royal Caribbean Group, parent company of Celebrity Cruises. "Whether guests already love the Celebrity experience or are discovering it for the first time, they now have new ways to enjoy it along some of Europe's most iconic rivers. With Celebrity's expansion into river, we're strengthening our connected vacation ecosystem, offering more choice, more access, and more reasons for guests to stay with us — turning the vacation of a lifetime into a lifetime of vacations.""Our inaugural 2027 Celebrity River Cruises season sold out in under six minutes – a testament to how much guests value the unmatched hospitality and service Celebrity delivers," said Laura Hodges Bethge, president of Celebrity Cruises. "To meet this extraordinary demand, we're thrilled to open 2028 sailings featuring 80% more European destinations, five ships, and more than 160 itineraries. There are now more ways than ever to experience Europe's rivers The Celebrity Way."More than 160 European River Cruise Sailings in 2028: From Dutch Tulips to the Lower Danube
In 2028, Celebrity River Cruises is bringing Celebrity's elevated experience to even more of Europe's iconic rivers, from the Rhine's legendary castle country to the storied capitals of the Danube. Itineraries will take guests to 24 new ports, including new journeys into the wild beauty of the Lower Danube with a Celebrity-first overnight land stay in Bucharest, sailings to enjoy tulip season in full bloom and a new way to experience Europe's magical Christmas Market cruises. 2028 Celebrity River Cruises itineraries include:Lower Danube Cruises (six sailings): Journey from Bucharest through the dramatic Iron Gates gorge – one of Europe's most breathtaking river passages – to destinations where history, culture, and natural beauty converge. Each sailing includes an overnight land stay in Romania's vibrant capital, connecting guests to Bucharest's rich heritage before or after their river voyage.Rhine River Cruises (more than 60 sailings): Sail between Basel and Amsterdam through Europe's legendary castle country, passing vine-covered hillsides and storybook villages including Strasbourg, Breisach, and Rüdesheim. The romantic Rhine comes alive with spellbinding views at every turn.Upper Danube Cruises: Travel between historic Regensburg or Nuremberg and Budapest, discovering grand castles and cultural treasures along the Danube through Germany, Austria, and Hungary. Select sailings coincide with the Gäuboden Festival in Straubing, one of Germany's largest heritage celebrations.Dutch Tulip Season Cruises: Glide between Brussels and Amsterdam during peak spring bloom, visiting the world-famous Keukenhof Gardens, the iconic windmills of Kinderdijk, and charming Maastricht. These seasonal sailings showcase the Netherlands at its most vibrant.Christmas Markets Cruises: Experience a European holiday tradition on sailings between Basel and Amsterdam, with stops at candlelit Rhine Valley villages including Mainz, Strasbourg, and Heidelberg. Snow-dusted vineyards and festive markets make these winter sailings unforgettable.2028 Celebrity River Cruises sailings are now open for booking. Guests can explore more than 160 European river cruise itineraries and reserve their voyage at www.celebritycruises.com/river, by calling 1-833-474-8803, through the Future Cruise desk on any Celebrity ship, or via a trusted travel advisor.About Celebrity Cruises 
Celebrity Cruises delivers an elevated premium vacation experience across their fleet of ocean and river ships traveling to over 300 destinations across more than 70 countries spanning all seven continents. Uniquely offering the intimate feel and thoughtful service of small ships, with the variety and excitement of bigger ones – guests can explore the world or get away from it for a little while. With every detail elevated beyond expectations, guests will never want to vacation any other way. An industry pioneer for more than 35 years, each Celebrity vacation offers experiences you won't find anywhere else.Celebrity Cruises is headquartered in Miami and is part of Royal Caribbean Group (NYSE: RCL). Visit www.celebritycruises.com for more information, and connect with us on Instagram, Facebook or LinkedIn.






















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Original: CELEBRITY RIVER CRUISES ANNOUNCES 10 MORE SHIPS, AND OPENS 2028 EUROPEAN DEPLOYMENT WITH 80% MORE DESTINATIONS

$RCL Never forget, Royal Caribbean employed an ILLEGAL ALIEN on a cruise, and that criminal assaulted a teenage boy. No accountability. No assurances they will stop employing criminals. Stay safe, y’all. https://t.co/tM9y3BnOM0— HammerDownHanna 🇺🇸 (@Hammerdownhanna) May 14, 2025

RCL, one year chart

RCL, 10Q due Tuesday 4/29

Back to $246 bearish chart 

RCL best in its class; making money and kicking butt.
Good economy; cruising high demand; profits up; what is not to like (barring any health threats).

RCL up and going strong. NCLH a tag a long. People wil have disposable income again. All aboard!!!!

Demand very strong out of Florida. cruise ports expanding. Trump will usher in a new era where Florida will become the economic capital of the USA. Maralago to become the epicenter of the USA economy on the land the corrupt judge thinks is worth 18 million. That will be the cost of a 700 sf condo there? Stupid Libs. Go burn brush!

Best of Breed; gotta build a stronger position. My favorite line.
They are charging more; and peeps are paying it. $$$$ to RCL.
If fuel costs go down; another plus as the Trump economy takes off.

RCL, new 52 week high

RCL new 52 week high

RCL new 52 week high

RCL new 52 week high

RCL new 52 week high

RCL new 52 week high

RCL new 52 week high

RCL new 52 week high

RCL new 52 week high