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While Royal Caribbean's (RCL) profitability initiatives continue to drive margins, Norwegian Cruise (NCLH) faces lower debt amid an industry that is projected to gain in 2019.
Royal Caribbean International (RCI), formerly Royal Caribbean Cruise Line (RCCL), is a cruise line founded in 1968 in Norway and organized as a wholly owned subsidiary of Royal Caribbean Group since 1997. Based in Miami, Florida, it is the largest cruise line by revenue and second largest by passenger counts. In 2018, Royal Caribbean ...
Norwegian Epic surpasses the Breakaway-class as NCL's second largest ship class. She represents the "third generation" of Freestyle cruising vessels and her size allows NCL to have ships in the "mega-class" of their competitors in Royal Caribbean International and Carnival Cruise Lines, though she is still 32% smaller by gross tonnage than Royal Caribbean's Oasis-class ships, the world's ...
Royal Caribbean Group was formed as Royal Caribbean Cruises Ltd. in 1997 when Royal Caribbean Cruise Line purchased Celebrity Cruises.The decision was made to keep the two cruise line brands separate following the merger; as a result Royal Caribbean Cruise Line was re-branded Royal Caribbean International and Royal Caribbean Cruises Ltd. was established as the new parent company of both Royal ...
Royal Caribbean has over $20 billion in debt and close to zero cash. Carnival has close to $30 billion in debt and $1.5 billion in cash. Historically, these cruise ship operators have struggled to ...
Carnival (NYSE: CCL) (NYSE: CUK) and Royal Caribbean Cruises (NYSE: RCL) claim the No. 1 and No. 2 spots, respectively, in the cruise line industry. Both companies have benefited from record ...