Royal Caribbean Group experiences strong North American consumers

Monday, July 31, 2023

As reported by the chief executive officer Jason Liberty, speaking on the company’s second-quarter earnings call stated that Royal Caribbean Group has seen another outstanding quarter that exceeded expectations with increased booking volumes from North American customers and the North American consumer remains incredibly strong.

Liberty attributed the strong performance in the second quarter to the quality of the brands’ vacation experiences combined with the value proposition of a cruise.

He even additionally claimed that Caribbean sailings greatly helped the better–than–expected performance.

He also proclaimed that Caribbean itineraries account for about 55 percent of our full-year capacity and about 37 percent in the third quarter.

Strong demand for Caribbean itineraries contributed to the strong performance in the second quarter and is one of the key drivers of the increase in expectations for the full year.

The company is continuing to drive Caribbean capacity with the introduction of the Icon of the Seas sailing from Miami next January.

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