Cruise Lines 2019 Q4 Breakdown: By the Numbers

Cruise Industry News takes a look at the financial performance of the “big three” following the final quarter of 2019. Takeaways: While gross revenue was up for Q4 2019 for the three publicly-traded cruise companies, increased operating expenses led to reduced operating income, net income and net income per passenger day, compared to Q4 for theContinue reading “Cruise Lines 2019 Q4 Breakdown: By the Numbers”

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Higher Ticket Prices and Onboard Spend Primary Drivers for Royal Caribbean’s Q2

With capacity up 2.6 per cent, higher ticket prices and onboard revenue were the main drivers for Royal Caribbean Cruises reporting record results today in the second quarter. Royal Caribbean reported net income of (GAAP) $466.3 million, or $2.19 per share, on revenues of $2.3 billion for its second quarter ended June 30, 2018, compared toContinue reading “Higher Ticket Prices and Onboard Spend Primary Drivers for Royal Caribbean’s Q2”

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