"Wow, what a great start to the year! Demand for our leading brands and the incredible experiences they deliver continues to be very robust, resulting in outperformance in the first quarter, a further increase of full year earnings guidance, and 60% expected earnings growth year over year," said Jason Liberty, president and CEO, Royal Caribbean Group. "Building on this momentum, we expect to achieve all our Trifecta financial goals in 2024, which allows us to focus on a new era of growth to drive long-term shareholder returns and take a greater share of the rapidly growing USD 1.9 trillion global vacation market."

"Our existing fleet along with our new ships continue to perform exceptionally well, highlighted by the market response to the launch of ICON OF THE SEAS, which has exceeded all expectations," added Liberty. "The momentum continues with UTOPIA OF THE SEAS and SILVER RAY, set to launch this summer. And, just this quarter alone, we announced an order for a seventh Oasis Class ship and the expansion of our Royal Beach Club portfolio in Cozumel; and we officially broke ground on Royal Beach Club Paradise Island.  These strategies will further propel our leadership in the cruise industry and push us to new heights in the vacation industry."

Full report https://www.rclinvestor.com/press-releases/release/?id=1702