Free Reports from TheStreet. Ten years of annual and quarterly financial statements and annual report data for Royal Caribbean Cruises (RCL). Onboard, the global cruise line has . We value this honor and will work to demonstrate these core, ethical values day in and day out.. With a Royal Caribbean Visa Signature credit card you earn 2 MyCruise points for every $1 spent on qualifying purchases with Royal Caribbean and Celebrity Cruises. This statement provides you with all the transactions you made throughout your sailing. Royal Caribbean Group balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. You need to be a member in order to leave a comment The Group acquired 50% of TUI Cruises in 2007. Overview; Financials; The data published in Royal Caribbean's official financial statements usually reflect Royal Caribbean's business processes, product offerings, services, and other fundamental events. . Royal Caribbean Group is the owner and operator of three award winning cruise brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises and it is also a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. Just need the win/loss statement as documentation Last Minute Cruises. As of the time of this writing, the closing price per share was $58.83. Royal Caribbean International is known for driving innovation at sea and has continuously redefined cruise vacationing since its launch in 1969. Flat $20 for Chops and even Johnny Rockets added a $5 fee in 2000 when place was too popular, people complained so Royal said the Fee would included a Shake. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. What sets the Group apart is the multicultural environment we create with employees from over 126 countries. These statements include, but are not limited to: statements regarding revenues, costs and financial . Certain statements in this release relating to . Our goal has been to provide our readers with expansive coverage of all aspects of the Royal Caribbean experience. As a cruise line, we're only as vibrant as the seas we sail and the places we visit. The first in the Icon Class has an all-encompassing lineup of firsts and next-level favorites for everyone across eight neighborhoods, including the new Thrill Island, Surfside - a neighborhood made for young families - and Icon's best kept secret, The Hideaway. A. Concise. In addition, many of these risks and uncertainties are currently heightened by and will continue to be heightened by, or in the future may be heightened by, the COVID-19 pandemic. August 2019 - Royal Caribbean's $116 million amplification of Freedom of the Seas will bring high-energy features and guest favorites on board. Uncle Sam considers this as taxable earned income. What sets the Group apart is the multicultural environment we create with employees from over 126 countries. Cruise Travel Updates | Royal Caribbean Cruises. Certain statements in this release relating to, among other things, our future performance estimates, forecasts and projections constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. "Outgoing vice president of international sales Sean Treacy confirmed Icon would be the lines largest ship during a press conference held on board Wonder of the Seas the current largest ship in the world as it made its European debut out of Barcelona last week," the magazine reported. Working with. 5. Royal Caribbean To Unveil Icon of the Seas, The World Biggest Ship - Travel Daily. Before we get into all that fun stuff, first things first! In the decades that followed, Royal Caribbean Group has continued as an industry innovator - from hotel and dining to entertainment, safety, technology and destination development. All passengers onboard who tested positive "are fully vaccinated and mildly symptomatic or . . View All companies. Celebrity Cruises joined in 1997. Dec. 30, 2021, 09:01 AM. That makes sense because the biggest ships can't fit in as many ports as smaller ones can. The company recently reported that it has 23.29 million shares sold short, which is 12.23% of all regular shares that are available for trading. A Royal Caribbean ship skipped stopping at two islands on its scheduled tour after 55 passengers aboard tested positive for COVID-19. "Oasis of the Seas was the largest cruise ship in the world when it was launched in 2009," according to U.S. News and World Report. The ongoing APR is 13.99% - 23.99% Variable (as of May 2021 . Why Short Interest Matters Short interest is the . Many fans of the cruise line expected that the Icon Class would not be aiming to take the biggest cruise ship title, Instead, many assumed it would be like the Quantum Class, which includes the new Odyssey of the Seas, where the ships have lots of innovations but aren't as big as the Oasis-class ships. When Wonder of the Seas began sailing from Fort Lauderdale in March, it claimed the title of the largest cruise ship in the world. Family Vacations. Royal Caribbean said in a statement that one of the passenger's screen tested positive for Influenza A. Royal Caribbean Group (NYSE: RCL) is one of the leading cruise companies in the world with a global fleet of 64 ships traveling to approximately 1,000 destinations around the world. Royal Caribbean International. ROYAL CARIBBEAN GROUP REPORTS THIRD QUARTER RESULTS, PROVIDES FORWARD GUIDANCE, AND INTRODUCES THE "TRIFECTA" PERFORMANCE INITIATIVE, Royal Caribbean Group First Cruise Company in US to Sail Using Renewable Diesel Fuel, Cautionary Statement Concerning Forward-Looking Statements. You can use a company's vision and mission statements while looking for a job to determine whether the company is a good fit for you and your personal goals and values. View as % YoY growth or as % of revenue. Royal Caribbean operates the ship and in a statement, said positive cases had to isolate in their cabin for five days and if they . The vision statement for Royal Caribbean Cruises Ltd is a document identifying the goals of Royal Caribbean Cruises Ltd to facilitate its strategic, managerial, as well as general decision making processes. Item 2.02 Results of Operations and Financial Condition. Before the CDC warning, Royal Caribbean Group released a statement saying that in their observations, Omicron is causing people to cancel their trips and ships are changing onboard event schedules . . Royal Caribbean Shares Icon of the Seas Details. We act ethically and with integrity so we all can thrive. View RCL financial statements in full. March 2021* - Royal Caribbean will mark its 2021 return to the Caribbean in June with summer cruises on Adventure of the Seas, departing from Nassau, The Bahamas on new 7-night Caribbean itineraries. The cruise line said its records showed that the other passengers evaluated had not been in . Will this fall. A volcano in New Zealand erupted on Monday, coinciding with a nearby visit by Royal Caribbean's Ovation of the Seas. The Oasis class debuted with Oasis of the Seas in 2009. Posted August 30, 2019. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Royal . 0344 493 4005. In the news release, Royal Caribbean Group provides update on COVID-19, Omicron variant impact, issued 30-Dec-2021 by Royal Caribbean Group over PR Newswire, we are . RCG and each of its subsidiaries strive to create a workplace free from discrimination or harassment on the basis of race, color, religion, sex, pregnancy, sexual orientation, gender identity or expression, sex characteristics, family or marital status, age, ethnic or national . Safeguarding and Protecting the Worlds Oceans and Destinations we Operate, and the Health and Well-Being of our Guests and Crew Members. In reality, Royal Caribbean has dominated the "biggest cruise ship in the world" competition, essentially trading that title between the previous Oasis-class ship and the next one. Our ships operate using a cashless system, so these accounts allow you to link a form of payment with your SeaPass Card which is then used for all onboard transactions. Certain statements in this release relating to, among other things, our . Guest Writers are not employed, compensated or governed by TD, opinions and statements are from the specific writer directly THE ROYAL CARIBBEAN VISA SIGNATURE CARD. October 2022 - Royal Caribbean's Icon of the Seas is the first-of-its-kind combination of the best of every vacation. Forward-looking statements reflect managements current expectations, are based on judgments, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. Each guest who sails onboard will set up an Onboard Account. Our goal has been to provide our readers with expansive coverage of all aspects of the Royal Caribbean experience. Silversea Cruises joined in 2018. We connect people to the wonders of the world and help them create unforgettable memories. Royal Caribbean rivals Carnival Cruise Lines (CCL) and Norwegian Cruise Line (NCLH) have seemingly given up on claiming the "biggest ship" title. Learn more about the 10,000 MyCruise bonus points offer and apply online. This accumulation includes wins and/or losses while Our history. . Because of that, it makes sense for the cruise line to build a variety of different sizes. Royal Caribbean Group's Blue Green Promise. We invest in our communities to foster culture and inclusive opportunities, and we go above and beyond to protect the environment and ocean health for future generations. Cautionary Statement Concerning Forward-Looking Statements. It is not possible to predict or identify all such risks. The vessel was amplified in November 2019 and now carries up to 5,606 guests and 2,109 crew members.". Back in September, Royal Caribbean Singapore announced that all guests above the age of 12 going on board the cruise are required to be fully vaccinated.. Largest Cruise Ships. Earn 2 points for every $1 spent on qualifying Royal Caribbean and Celebrity purchases. The Odyssey of the Seas, which has 5,000 passengers on board, changed its 8-day trip schedule and skipped docking at Aruba and Curacao after passengers tested positive. We believe that good governance and transparency are critical to our ESG strategy and performance. AT . Themed Cruises. We cultivate a workplace where employees feel they can be themselves, are appreciated because of their differences and are empowered to become part of the fabric of the Group. "At the Group, ethical values have helped make us into who . About Royal Caribbean Group. As a US Citizen, you dreamt the international water thing. Onboard, the global cruise line has debuted countless industry "firsts . Weekend Cruises. Each guest who sails onboard will set up an Onboard Account. Black Friday & Cyber Monday. Royal Caribbean has shared very few details about the next ship in its fleet, Icon of the Seas, which is currently being built by Finnish shipyard Meyer Turku and is expected to be delivered by 2023. Examples of these risks, uncertainties and other factors include, but are not limited to the following: the impact of the global incidence and spread of COVID-19, which has led to the temporary suspension of our operations and has had and will continue to have a material adverse impact on our business and results of operations, or other contagious illnesses on economic conditions and the travel industry in general and the financial position and operating results of our Company in particular, such as: the current and potential additional governmental and self-imposed travel restrictions, the current and potential extension of the suspension of cruises and new additional suspensions, guest cancellations; our ability to obtain sufficient financing, capital or revenues to satisfy liquidity needs, capital expenditures, debt repayments and other financing needs; the effectiveness of the actions we have taken to improve and address our liquidity needs; the impact of the economic and geopolitical environment on key aspects of our business, such as the demand for cruises, passenger spending, and operating costs; incidents or adverse publicity concerning our ships, port facilities, land destinations and/or passengers or the cruise vacation industry in general; concerns over safety, health and security of guests and crew; further impairments of our goodwill, long-lived assets, equity investments and notes receivable; an inability to source our crew or our provisions and supplies from certain places; the incurrence of COVID-19 and other contagious diseases on our ships and an increase in concern about the risk of illness on our ships or when traveling to or from our ships, all of which reduces demand; unavailability of ports of call; growing anti-tourism sentiments and environmental concerns; changes in US foreign travel policy; the uncertainties of conducting business internationally and expanding into new markets and new ventures; our ability to recruit, develop and retain high quality personnel; changes in operating and financing costs; our indebtedness, any additional indebtedness we may incur and restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business, including the significant portion of assets that are collateral under these agreements; the impact of foreign currency exchange rates, interest rate and fuel price fluctuations; the settlement of conversions of our convertible notes, if any, in shares of our common stock or a combination of cash and shares of our common stock, which may result in substantial dilution for our existing shareholders; our expectation that we will not declare or pay dividends on our common stock for the near future; vacation industry competition and changes in industry capacity and overcapacity; the risks and costs associated with protecting our systems and maintaining integrity and security of our business information, as well as personal data of our guests, employees and others; the impact of new or changing legislation and regulations or governmental orders on our business; pending or threatened litigation, investigations and enforcement actions; the effects of weather, natural disasters and seasonality on our business; emergency ship repairs, including the related lost revenue; the impact of issues at shipyards, including ship delivery delays, ship cancellations or ship construction cost increases; shipyard unavailability; and the unavailability or cost of air service. 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