Royal Caribbean Group Stock Price, News & Analysis

Royal Caribbean Group (NYSE: RCL) has announced it will host a conference call on Tuesday, January 28, 2025, at 10:00 a.m. Eastern Time to discuss the company's fourth quarter and full year 2024 financial results. The call will be available via simultaneous webcast on the company's investor relations website, with a replay accessible for 30 days following the event.

Royal Caribbean has announced the opening of its first Royal Beach Club Collection destination on Paradise Island, The Bahamas, set to launch in December 2025. The 17-acre Royal Beach Club Paradise Island will offer an all-inclusive beach day experience featuring pristine beaches, multiple pools, the world's largest swim-up bar, and over 40 cabanas.

The facility is divided into three distinct zones: Family Beach with activities and the Ultimate Family Cabana, Chill Beach for relaxation and local artisan shopping, and Party Cove featuring the Floating Flamingo swim-up bar. The project, developed through a public-private partnership with the Bahamian government, will create hundreds of local jobs and incorporate Bahamian culture throughout.

Starting in 2025, visitors can access the facility from six different U.S. cities through various cruise itineraries. The beach club will be part of Royal Caribbean's expanding destination experiences, with additional locations planned in Cozumel (2026) and Mexico (2027).

Royal Caribbean Group (NYSE: RCL) has announced a significant dividend increase, with its Board of Directors declaring a quarterly dividend of $0.55 per common share. This represents a 38% increase in the company's dividend payout. The dividend will be paid on January 13, 2025, to shareholders of record as of December 27, 2024. The company states this increase is part of their ongoing strategy to enhance shareholder returns.

Royal Caribbean has unveiled its 2026-27 Caribbean and Northeast cruise lineup featuring 12 ships operating from various ports. The schedule includes Icon of the Seas from Miami and Star of the Seas from Port Canaveral offering 7-night eastern and western Caribbean voyages. The itineraries will feature visits to Perfect Day at CocoCay in The Bahamas and the new Royal Beach Club Cozumel, opening in Mexico in 2026. Ships will operate from multiple homeports including Florida, Texas, Puerto Rico, and Northeast locations, offering cruises ranging from 4 to 12 nights. The soon-to-be-amplified Allure of the Seas will undergo a $100 million transformation before its deployment.

Royal Caribbean Group (NYSE: RCL) reported strong Q3 2024 results with EPS of $4.21 and Adjusted EPS of $5.20, exceeding guidance due to stronger pricing and onboard revenue. Total revenues reached $4.9 billion with Net Income of $1.1 billion. The company increased its full year 2024 Adjusted EPS guidance to $11.57-$11.62, reflecting robust demand. Load factor was 111%, with Net Yields up 7.9%. The company announced expansion plans including Perfect Day Mexico (2027) and new developments in Puerto Williams and Cozumel. Management anticipates 2025 earnings per share to start with a $14 handle, driven by strong booking trends and higher pricing.

Goldbelt Inc., an Alaska Native , has partnered with Royal Caribbean Group (NYSE: RCL) to develop a new cruise port in Juneau, Alaska. The port, planned for Douglas Island, aims to showcase Tlingit culture and reduce downtown traffic congestion by nearly one-third. Key features include:

- Two floating berths overlooking the Chilkat Range
- A recreated 1800s Alaska Native Tlingit village
- Direct departures for whale-watching tours and Mendenhall Glacier visits
- Potential on-site employee housing
- Environmental advantages due to strategic location

The project, set for completion in the 2027 Alaska cruise season, is expected to support local economic development and improve the overall visitor and resident experience in Juneau.

Royal Caribbean has announced plans for Perfect Day Mexico, set to open in 2027 on Mexico's Caribbean coast in Mahahual. This new destination will be part of the award-winning Perfect Day Collection, combining thrilling attractions with the beauty of Mexico. The development will include an all-new waterpark, pools, beaches, restaurants, and bars.

Jason Liberty, CEO of Royal Caribbean Group, emphasized the importance of unique experiences and destinations in driving booking decisions. Michael Bayley, CEO of Royal Caribbean International, highlighted the success of Perfect Day at CocoCay and the collaboration with Mexico's state of Quintana Roo.

The project aligns with Royal Caribbean Group's SEA the Future commitment to sustainable tourism. Mara Lezama, governor of Quintana Roo, expressed excitement about the investment and its potential for shared prosperity in the region.

Royal Caribbean Group (NYSE: RCL) has announced a conference call scheduled for 10:00 a.m. Eastern Time on Tuesday, October 29, 2024. The purpose of the call is to discuss the company's third quarter 2024 financial results. Investors and interested parties can access the call through a simultaneous webcast on the company's investor relations website, www.rclinvestor.com. For those unable to attend the live call, a replay of the webcast will be available on the same website for 30 days following the event. This announcement provides shareholders and analysts with an opportunity to gain insights into Royal Caribbean Group's financial performance for the third quarter of 2024.

Silversea, a luxury expedition travel company, has announced plans to develop a 150-room hotel in Puerto Williams, Chile, the southernmost city on Earth. The hotel, set to be completed by the end of 2025, aims to enhance the Antarctic expedition experience for guests participating in Silversea's Antarctica Bridge fly-cruise program. This development will allow travelers to enjoy Silversea's personalized service throughout their journey to the 'White Continent'.

The hotel will be built in partnership with Chilean investors and will feature amenities such as a restaurant, bar and lounge, fitness center, and a gift shop showcasing local artisanal products. Silversea is committed to creating economic opportunities for the local community while preserving cultural heritage and minimizing environmental impact. This initiative further solidifies Silversea's leadership in the luxury expedition segment, offering diverse polar experiences on ships like Silver Endeavour, Silver Wind, and Silver Cloud.