Royal Caribbean Group Stock Price, News & Analysis

Sharecare and Forbes Travel Guide have partnered with Celebrity Cruises, making it the first cruise line to adopt the Sharecare Health Security VERIFIED™ system. This initiative aims to enhance safety protocols and mitigate COVID-19 risks on its ships. The program supplements Celebrity's existing 'Healthy at Sea' measures, providing real-time tracking of health compliance. Each ship will be continuously verified before passenger boarding to ensure rigorous health standards. This collaboration marks a significant step in restoring traveler confidence and setting new industry standards for health security.

Celebrity Cruises has appointed Michael Scheiner as the new Senior Vice President and Chief Marketing Officer, effective July 12, 2021. Reporting to Lisa Lutoff-Perlo, Scheiner aims to enhance customer acquisition, brand loyalty, and global e-commerce. Previously, he was the Global CMO at Tommy Hilfiger and has extensive marketing experience in the fashion industry. His appointment comes as Celebrity Cruises prepares for a full service return and expansion with its new ships, Celebrity Apex and Celebrity Beyond.

Royal Caribbean International commenced construction of its first Icon Class ship, named Icon of the Seas, on June 14, 2021, at Meyer Turku shipyard in Finland. This ship, set to debut in fall 2023, represents a significant advancement towards a cleaner cruise industry, being powered by LNG (liquefied natural gas). The company emphasizes its commitment to sustainability and reducing carbon footprints through various innovative technologies. The ship's design promises game-changing features that will be revealed at a later date.

Royal Caribbean Group (NYSE: RCL) announced the pricing of its private offering of $650 million in 4.250% senior unsecured notes due 2026. The issuance is set for around June 24, 2021. Proceeds from this offering will primarily fund the redemption of approximately $619.8 million of 7.25% senior secured notes due 2025, with the remainder allocated for general corporate purposes. The notes are being offered under Rule 144A and will not be registered under the Securities Act.

Royal Caribbean Group (NYSE: RCL) announced the appointment of Rosanna Fiske as the new Global Chief Communications Officer, reporting to Donna Hrinak. Fiske brings over 30 years of experience in communications, previously holding a senior role at Wells Fargo. She is set to lead the company’s global communications strategy, aiming to enhance stakeholder engagement as the cruise industry recovers. Fiske emphasized her commitment to promoting Royal Caribbean's dedication to operating responsibly while resuming travel.

Royal Caribbean Group (NYSE: RCL) announced a private offering of $650 million in senior unsecured notes due 2026. The proceeds will fund the redemption of approximately $619.8 million of 7.25% senior secured notes due 2025 and be utilized for general corporate purposes. The offering is limited to qualified institutional buyers under Rule 144A and certain non-U.S. investors per Regulation S. The company highlighted potential risks, including those related to COVID-19 and its effects on operations and financial performance.

Royal Caribbean International celebrates the return of the Adventure of the Seas to the Caribbean, sailing from Nassau on June 12, 2021. This marks the first ship to resume cruising in the Western Hemisphere, with over 1,000 fully vaccinated guests onboard. The cruise features a summer itinerary with 7-night sailings to destinations including Perfect Day at CocoCay, Grand Bahama, and Cozumel. A robust health and safety protocol ensures all guests aged 16 and older are vaccinated, contributing to the revival of tourism in Caribbean communities.

Celebrity Cruises announced that the Celebrity Equinox is set to commence sailing from Fort Lauderdale on July 25, 2021. This follows the successful departure of the Celebrity Edge on June 26. By mid-September, nine of their 14 ships will resume operations, offering cruises to locations including the Caribbean and Europe. As part of a $500 million modernization initiative, the Celebrity Equinox features upgraded amenities and enhanced health protocols, such as vaccinated sailings. Guests can cancel bookings made by July 31, 2021, for a full credit.

Celebrity Cruises has successfully launched its first cruise since the pandemic, setting sail from St. Maarten on the Celebrity Millennium. This marks a significant milestone as it's the first cruise from North America to resume operations. The seven-night itinerary includes stops at Aruba, Barbados, and Curacao, welcoming passengers after a 15-month hiatus. Enhanced health protocols are in place, including vaccinated crew and guests, along with staggered arrivals. Celebrity plans to restart operations for eight ships this summer, reflecting a positive outlook for the cruise industry.