Luxury Cruises Pour $1.5 Billion Into Private Islands, Beaches [BNN Bloomberg (Canada)]
D/B/A Royal Caribbean Cruises Ltd. (RCL)
Last d/b/a royal caribbean cruises ltd. earnings: 2/4 08:00 am
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Source: BNN Bloomberg
or improve private stops in the Caribbean, according to Bloomberg calculations. Combined, they've amassed at least 15 islands and beaches spanning 5,200 acres across the Bahamas, Belize, Dominican Republic, Haiti and Mexico. Carnival Corp., Disney Cruise Lines, Norwegian Cruise Line, MSC Cruises and Royal Caribbean Cruises are in the race for land. Royal Caribbean's so-called Perfect Day at CocoCay, a private island 55 miles from Nassau where 9,500 ship passengers a day can spend money on hot air balloon rides and zip-lines, delivers 40% returns on investment or more, according to an estimate by UBS analyst Robin Farley. “The No. 1 reason people cruise is for the destinations,” said Jay Schneider, Royal Caribbean's chief product innovation officer. “So we create destinations.” However, the land acquisition is now sparking a shift. Caribbean nations — which for decades have offered tax breaks and prime locations for cruise giants' private destinations — are stepping up to fight f
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RCL
News
- Royal Caribbean Cruises Ltd. (NYSE: RCL) had its price target raised by analysts at Wells Fargo & Company from $159.00 to $165.00. They now have an "overweight" rating on the stock.MarketBeat
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- CELEBRITY CRUISES FIRST-EVER EDGE SERIES ALASKA ITINERARIES SET SAIL [Yahoo! Finance]Yahoo! Finance
- CELEBRITY CRUISES FIRST-EVER EDGE SERIES ALASKA ITINERARIES SET SAILPR Newswire
- Royal Caribbean's Vision of the Seas will be first cruise to embark from Baltimore since Key Bridge collapse [CBS News]CBS News
RCL
Earnings
- 4/25/24 - Beat
RCL
Sec Filings
- 5/16/24 - Form 4
- 5/15/24 - Form 144
- 5/9/24 - Form 144
- RCL's page on the SEC website