The cruise industry has been through a rollercoaster of changes in recent years, with the COVID-19 pandemic drastically altering the landscape. Once a booming sector, cruise lines faced unprecedented challenges as global travel ground to a halt, leading to massive financial losses, layoffs and operational overhauls.
Royal Caribbean Cruises has rebounded from pandemic challenges, surpassing pre-pandemic highs and benefiting from the resurgence in global cruise demand. The company is well-positioned with strategic growth, expanding fleet, and workforce to capitalize on higher yields and profitability in the cruise industry. With strong Q2 results, increased guidance, and a positive future outlook, Royal Cari...
MIAMI , Aug. 12, 2024 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has completed its private offering of $2.0 billion aggregate principal amount of 6.000% Senior Notes due 2033 (the "Notes").
The best cruise stocks are navigating a sea of opportunity as the sector continues its emphatic recovery from pandemic lows. Cruise liners, especially the market forerunners, have done an exceptional job of returning from the pandemic nightmare.
Cruise ship operator Royal Caribbean (NYSE: RCL ) is seeing its value pop sharply higher on Tuesday as the broader market recovers from Monday's severe selloff. Indeed, RCL stock is gaining more than 9% as of this writing.
More than 35 ways to dine and drink, resort-style pools, waterslides and more, combined with top destinations, set the stage for the boldest vacations in Europe for summer 2025 MIAMI , Aug. 6, 2024 /PRNewswire/ -- Vacationers can mark their calendars for a new way to adventure in Europe when Royal Caribbean International debuts a newly amplified Allure of the Seas in April 2025 . The gamechang...
MIAMI , Aug. 6, 2024 /PRNewswire/ -- Royal Caribbean Cruises Ltd.(NYSE: RCL) (the "Company") today announced that it has entered into exchange agreements with a limited number of existing holders (the "Noteholders") of its 6.000% Convertible Senior Notes due 2025 (the "2025 Notes") in exchange for a combination of cash and shares of the Company's common stock (the "Exchange Consideration").
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