Celebrity Edge Booking At ‘Significant Premiums’

Celebrity Edge

Just weeks ahead of the Celebrity Edge’s delivery, the new Celebrity Cruises vessel continues to drive earnings growth for Royal Caribbean Cruises.

The first new Celebrity ship in six years following the 2012 introduction of the Celebrity Reflection, the Edge represents the first of four in a new class of Celebrity vessels, at 129,500 tons with capacity for 2,900 guests.

“Demand for cruising is booming, and guests are willing to pay for innovation, quality, and design. The timing of (the Celebrity Edge) could not be better,” said Richard Fain, chairman and CEO of Royal Caribbean Cruises, speaking on the company’s third-quarter earnings call on Thursday, October 25.

“She’s clearly worth the wait. The Edge has been booking at significant premiums for the winter Caribbean season and for our European season next year,” said Jason Liberty, CFO of Royal Caribbean Cruises.

“The demand for our new hardware, especially for Edge, which has really come high on at a premium, has been very strong and encouraging,” Liberty added

The Edge will debut at the state-of-the-art Terminal 25 at Port Everglades later this month. The terminal is just days away from being finished and will be the homeport for the Edge for her inaugural season of seven-day winter Caribbean itineraries from Ft. Lauderdale.

Next summer the ship will transition to the European cruise market, with a crossing to Southampton where she arrives in the middle of May. From there, a repositioning voyage moves the ship to the Mediterranean for the summer season, where the Edge sails out Civitavecchia.