Royal Caribbean Says Consumer Spending Onboard, As Well As Pre-Cruise Purchases, Continue To Significantly Exceed 2023 Levels Driven By Greater Participation At Higher Prices, Says Demand For 2025 Is Strong With Booked Load Factors In Line With Prior Years And At Higher Rates, Allowing For Further Pricing And Yield Growth As 2025 Bookings Continue To Ramp Up.
Portfolio Pulse from Benzinga Newsdesk
Royal Caribbean reports that consumer spending onboard and pre-cruise purchases are significantly exceeding 2023 levels, driven by higher participation and prices. Demand for 2025 is strong, with bookings at higher rates, suggesting potential for further pricing and yield growth.
October 29, 2024 | 10:35 am
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Royal Caribbean is experiencing higher consumer spending and strong demand for 2025, with bookings at higher rates, indicating potential for further pricing and yield growth.
The news highlights increased consumer spending and strong demand for future bookings at higher rates, which is positive for Royal Caribbean's revenue and stock price. The potential for further pricing and yield growth suggests a favorable outlook for the company.
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