Royal Caribbean Lifts Annual Profit Forecast on Strong Cruise Demand, Price Hikes
Oct 29 - Royal Caribbean on Tuesday raised its annual profit forecast for a fourth time this year, boosted by the cruise operator's multiple ticket price hikes and higher demand for cruises to private destinations and cooler spots.A post-pandemic surge in cruise demand remains strong with customers also spending their dollars on experiences on-board, boosting growth at operators including Royal Caribbean, Norwegian Cruise and Carnival Cruise.Hotter-than-usual weather is also encouraging more pe