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Royal Caribbean Sees Upbeat 2024 Profit on Strong Booking Trends

Feb 1 (Reuters) - Royal Caribbean Group projected annual profit above Wall Street expectations on Thursday on strong demand for cruise vacations and steeper itinerary prices.With travelers opting for

Royal Caribbean Sees Upbeat 2024 Profit on Strong Booking Trends

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said CEO Jason Liberty. &#34;With the wind in our sails and record-breaking bookings, 2024 is poised to be another robust year.&#34;</p><p>The cruise operator&#39;s fourth quarter revenue rose nearly 28% to $3.33 billion, falling slightly short of analysts&#39; forecast of $3.36 billion, according to LSEG data.</p><p>Shares of the Miami, Florida-based company, which recently launched the largest cruise ship in the world, were up 2.4% before the bell.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8ee1e8f56a345ff126a88590a1b3c10\" tg-width=\"840\" tg-height=\"622\"/></p><p>The cruise company said occupancy in the fourth quarter was higher than that of the same period in 2022.</p><p>Rival Carnival on Tuesday said that the first half of 2024 was almost fully booked and that it had seen an &#34;early and robust&#34; start to the wave season, a period that stretches from January through March where cruise operators offer great deals to travelers.</p><p>Royal Caribbean also said on Thursday that the wave season was off to a record start.</p><p>The company forecast 2024 adjusted profit between $9.50 and $9.70 per share, compared with analysts&#39; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoyal Caribbean Sees Upbeat 2024 Profit on Strong Booking Trends\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-02-01 19:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Feb 1 (Reuters) - Royal Caribbean Group projected annual profit above Wall Street expectations on Thursday on strong demand for cruise vacations and steeper itinerary prices.</p><p>With travelers opting for cruises instead of more expensive land-based vacation options, operators are experiencing record levels of bookings compared to pre-pandemic levels, giving them enough room to mark up ticket prices.</p><p>&#34;2023 was an exceptional year, propelled by unmatched demand for our brands from new and loyal guests,&#34; 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average estimate of $9.19 per share.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4535":"淡马锡持仓","BK4017":"黄金","BK4561":"索罗斯持仓","BK4505":"高瓴资本持仓","BK4585":"ETF&股票定投概念","RCL":"皇家加勒比邮轮","BK4588":"碎股","BK4566":"资本集团","BK4517":"邮轮概念","BK4142":"酒店、度假村与豪华游轮"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2408768374","content_text":"Feb 1 (Reuters) - Royal Caribbean Group projected annual profit above Wall Street expectations on Thursday on strong demand for cruise vacations and steeper itinerary prices.With travelers opting for cruises instead of more expensive land-based vacation options, operators are experiencing record levels of bookings compared to pre-pandemic levels, giving them enough room to mark up ticket prices.\"2023 was an exceptional year, propelled by unmatched demand for our brands from new and loyal guests,\" said CEO Jason Liberty. \"With the wind in our sails and record-breaking bookings, 2024 is poised to be another robust year.\"The cruise operator's fourth quarter revenue rose nearly 28% to $3.33 billion, falling slightly short of analysts' forecast of $3.36 billion, according to LSEG data.Shares of the Miami, Florida-based company, which recently launched the largest cruise ship in the world, were up 2.4% before the bell.The cruise company said occupancy in the fourth quarter was higher than that of the same period in 2022.Rival Carnival on Tuesday said that the first half of 2024 was almost fully booked and that it had seen an \"early and robust\" start to the wave season, a period that stretches from January through March where cruise operators offer great deals to travelers.Royal Caribbean also said on Thursday that the wave season was off to a record start.The company forecast 2024 adjusted profit between $9.50 and $9.70 per share, compared with analysts' average estimate of $9.19 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":277,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}