Royal Caribbean'soccupancy rate came in below expectations. Based on the continued strength in consumer demand, the company expects load factors will average approximately 95% in the third quarter and increase to triple digits by year-end. Capital expenditures for the remainder of 2022 are expected to be approximately $0.5 billion, excluding the acquisition of Silver Endeavour. Together, the brands have an additional 11 ships on order as of March 31, 2022. Any luggage claims can be made by contacting us at royalguestrelations@rccl.com.. (1)For the quarter and six months ended June 30, 2019, the amount does not include incremental fuel expenses incurred of $0.7 million related to the collapse of the drydock structure at the Grand Bahama Shipyard involving Oasis of the Seas. Adjusted Measures of Financial PerformanceThis press release includes certain adjusted financial measures defined as non-GAAP financial measures under Securities and Exchange Commission rules, which we believe provide useful information to investors as a supplement to our consolidated financial statements, which are prepared and presented in accordance with generally accepted accounting principles, or US GAAP. The Net Loss and Adjusted Net Loss for the quarter are primarily the result of the impact of the COVID-19 pandemic on the business. Credit Card FAQs We believe that as a valued RBC Royal Bank customer, you deserve to be well-informed about your credit card. The Group is managing through inflationary and supply chain challenges, mainly related to fuel and food costs, as well as transitory costs related to health and safety protocols, which are expected to weigh on 2022 earnings. (2)Primarily represents asset impairments in 2021 and a credit loss recovery for a note receivable in which credit losses were previously recorded in 2022. RCI Hospitality Holdings, Inc. RICK has an Earnings ESP of +4.15% and a Zacks Rank #2. ET. Request for Exemption of Personal Property Stored in a Public Warehouse. (For Additional Reporting) 3217. Silver Endeavour is scheduled to begin service winter 2022, spending its inaugural season in Antarctica starting November 2022. For this reason, we also monitor our revenues and expenses in "Constant-Currency" - i.e., as if the current period's currency exchange rates had remained constant with the comparable prior period's rates. Trade and other receivables, net of allowances of $7,897 and $13,411 at June30, 2022 and. Other assets, net of allowances of $86,594 and $86,781 at March 31, 2022 and December 31, Common stock ($0.01 par value; 500,000,000 shares authorized; 282,973,716 and 282,703,246, Treasury stock (28,018,385 and 27,882,987 common shares at cost, March 31, 2022 and, Purchase of property and equipment included in accounts payable and accrued, Represents net insurance recoveries related to the collapse of the drydock structure at the Grand Bahama Shipyard involving, https://www.prnewswire.com/news-releases/royal-caribbean-group-reports-first-quarter-2022-results-and-provides-a-business-update-301540761.html. These statements include, but are not limited to: statements regarding revenues, costs and financial results for 2021 and beyond. The Group expects a return to net profit for the second half of 2022. Suites: 188 (7%). The expected capital expenditures for 2022 are $3.0 billion. The Group expects to operate approximately 11.6 million APCDs for the third quarter and 11.5 million APCDs for the fourth quarter. MIAMI, July 28, 2022 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) today reported second quarter 2022 net loss of $(0.5) billion and loss per share of $(2.05). (8)Excludes income tax (benefit) expense, included in the EBITDA calculation above. Certain statements in this press release relating to, among other things, our future performance estimates, forecasts and projections constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. Transaction costs related to Silversea Cruises acquisition included within marketing, selling and administrative expenses, Costs, net of insurance recoveries, related to the Oasis of the Seas incident included within cruise operating expenses. MIAMI - July 28, 2022 - Royal Caribbean Group (NYSE: RCL) today reported second quarter 2022 net loss of $(0.5) billion and loss per share of $(2.05). Royal Caribbean Cruises Ltd. price-eps-surprise | Royal Caribbean Cruises Ltd. Quote. It marked the ninth straight quarter of adjusted losses per share. The ship has been renamed Silver Endeavour and joined the Silversea fleet on July 21. This represents an improvement of about $400 million over the previous quarter despite the significant quarter-over-quarter increase in revenue recognition and near-term cancellations due to the Omicron variant, both of which reduced the customer deposit balance. Net interest expense for the third quarter of 2022, based on current interest rates, is expected to be in the range of $310 million - $320 million. Second quarter results exceeded the company's expectations driven by better revenue and cost performance. Due to significant uncertainty, we are unable to predict, without unreasonable effort, the future movement of foreign exchange rates, fuel prices and interest rates inclusive of our related hedging programs. We invest in our communities to foster culture and inclusive opportunities, and we go above and beyond to protect the environment and ocean health for future generations. Photo packages can be purchasedpre-cruise with a discount, or onboard. As one of the Caribbean's leading diversified financial services companies, RBC provides personal and commercial banking, wealth management, corporate and investment banking, insurance . On the other hand, supply-chain constraints, transitory costs related to health and safety protocols and elevated expenses (including fuel and food) are likely to negatively impact the results.The company has also anticipated the hurdles that can weigh on its 2022 earnings. Real time Royal Caribbean Cruises (RCL) stock price quote, stock graph, news & analysis. Shares of Crocs have declined 57.2% in the past year. The Company also reported Adjusted Net Loss of $(1.2) billion or $(4.57) per share for the first quarter of 2022 compared to Adjusted Net Loss of $(1.1) billion or $(4.44) per share in the prior year. I purchased photos before or during my cruise, but I havent received my photo link. Revenue for the quarter also missed analyst estimates but was up more than 25-fold as it rebounded off of the previous year's pandemic-depressed lows. "Our liquidity position remains strong as we execute on our return to service, and our operations generate positive cash flow again," said Naftali Holtz, chief financial officer, Royal Caribbean Group. The presentation of adjusted financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with U.S. GAAP. Bandwidth is the data transfer capacity of a network in bits per second (Bps). Royal Caribbean had returned 54 of 62 ships to operations by the end of the first quarter of 2022. But that's not the case here.Earnings ESP: Royal Caribbean has an Earnings ESP of 0.00%. RICKs earnings surpassed the consensus mark thrice in the trailing four quarters and missed once, the average surprise being 39.4%. The presentation of adjusted financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with US GAAP. Passenger cruise days are a metric calculated by taking the number of passengers carried during the measurement period and multiplying that by the number of days of the passengers' respective cruises. Adjusted Net Loss and Adjusted Loss per Share were calculated as follows (in thousands, except per share data): Restructuring charges and other initiatives expense, Amortization of Silversea Cruises intangible assets related to Silversea Cruises acquisition, Convertible debt amortization of debt discount (1), Net gain related to the sale of the Azamara brand, Weighted-Average Shares Outstanding - Diluted. Together, the brands have an additional 11 ships on order as of March 31, 2022. These notes are due in 2027 with proceeds to be used to repay principal payments on debt maturing in 2022. CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS, (unaudited, in thousands, except per share data), Marketing, selling and administrative expenses, Impairment and credit losses (recoveries), Interest expense, net of interest capitalized, (Loss) gain on cash flow derivative hedges, Trade and other receivables, net of allowances of $7,897 and $13,411 at June30, 2022 and December31, 2021, respectively, Other assets, net of allowances of $72,648 and $86,781 at June30, 2022 and December31, 2021, respectively, Current portion of operating lease liabilities, Preferred stock ($0.01 par value; 20,000,000 shares authorized; none outstanding), Common stock ($0.01 par value; 500,000,000 shares authorized; 283,076,357 and 282,703,246 shares issued, June30, 2022 and December31, 2021, respectively), Treasury stock (28,018,385 and 27,882,987 common shares at cost, June30, 2022 and December31, 2021, respectively), Total liabilities and shareholders' equity, Loss (gain) on derivative instruments not designated as hedges, Amortization of debt discounts and premiums. Carnival has a deal to create a private island-like cruise port in Grand Bahama. Third quarter load factors are expected to average approximately 95%, with itineraries in North America (including the Caribbean, Alaska, Bermuda, West Coast, and Canada) averaging about 100%. "Our liquidity position remains strong, and we are generating positive operating cash flow and EBITDA. Represents the amortization of non-cash debt discount on our convertible notes. 26.23 K/sq.ft. "It is gratifying to see our ships and crew returning to our mission of delivering the best vacation experiences in a safe and responsible way," said Jason Liberty, president and chief executive officer of the Royal Caribbean Group. As of June 30, 2022, the Group's liquidity position was $3.3 billion, which includes cash and cash equivalents, undrawn revolving credit facility capacity, and a $700 million commitment for a 364-day term loan facility. Both positive or constructive feedback is always welcomed as continue to try and make sure we provide the top tier quality of service you expect from us. UPDATE 1-Chesapeake Energy to offload part of south Texas operations for $1.4 bln, CANADA FX DEBT-C$ posts biggest decline in one month as 'hard-landing' risk weighs, Marketmind: Finally, bad news is bad news, Netflix earnings due out Thursday, 'Avatar' sequel becomes sixth-biggest film of all time, MORNING BID-Finally, bad news is bad news. Based on the strong and close-in nature of bookings, the company expects load factors will continue to improve each quarter and expects fleetwide load factors to exceed 100% by year end. Core itineraries exclude sailings during the early ramp-up period of up to four weeks. In addition, cancellation activity has now returned to pre-COVID levels. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. The offers that appear in this table are from partnerships from which Investopedia receives compensation. As of June 30, 2022, the Group's customer deposit balance was $4.2 billion, a record high for the company. Words such as "anticipate," "believe," "could," "driving," "estimate," "expect," "goal," "intend," "may," "plan," "project," "seek," "should," "will," "would," "considering", and similar expressions are intended to help identify forward-looking statements. Consumption is 55% hedged via swaps for the remainder of 2022 and 25% hedged for 2023. . We believe that this non-GAAP measure is meaningful when assessing our performance on a comparative basis. Royal Caribbean Group is the owner and operator of three award winning cruise brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises and it is also a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. Where can I fill out a survey regarding my experience on my most recent sailing? About Royal Caribbean GroupRoyal Caribbean Group (NYSE: RCL) is one of the leading cruise companies in the world with a global fleet of 63 ships traveling to approximately 1,000 destinations around the world. For the third quarter, the company reported sales was . During the second quarter, the Group generated operating cash flow of approximately $0.5 billion. Due to this, we cannot speak about the finances on a reservation once a guest has booked through a travel agency. Cautionary Statement Concerning Forward-Looking StatementsCertain statements in this press release relating to, among other things, our future performance estimates, forecasts and projections constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. Who do I contact? Depreciation and amortization expenses for the second quarter of 2022 are expected to be in the range of $350-$355 million. Those challenges are mainly related to fuel and food costs as well as certain transitory costs related to health and safety protocols. We do not make predictions about future exchange rates and use current exchange rates for calculations of future periods. China remains closed to cruising due to the ongoing lockdowns. Royal Caribbean Group (NYSE: RCL) is one of the leading cruise companies in the world with a global fleet of 64 ships traveling to approximately 1,000 destinations around the world. There are far fewer balcony cabins on older Royal Caribbean ships (and all older cruise ships in general). Unvaccinated guests age 12 and older, leaving from Florida ports (effective Aug. 1 to Dec. 31, 2021) must show proof of a travel insurance policy that has at . Starting Aug. 8, testing will be required for unvaccinated guests on all voyages and for vaccinated guests only on voyages that are six nights or longer. The company's operating cash flow, while slightly negative in March, turned positive in April, an important step in returning to profitability. Click the button below to request a report when hardcopies become available. That's why we've assembled a wealth of information to assist you in. Feb 22, 2021, 08:07 ET. In January, the company completed an issuance of $1 billion of 5.375% senior unsecured notes. "The performance of our core business continues to strengthen, fueled by strong demand and excellent operational execution," said Naftali Holtz, chief financial officer at Royal Caribbean Group. 2021Seastainability Report | Download PDF. Based on current fuel prices, the company expects approximately $271 million of fuel expense in its second quarter 2022 at an average pricing of $695 per metric ton net of hedging. (12/26/2018) Royal Caribbean Cruises has recently been ranked #248 on the 2018 Management 250 list by Drucker Institute, which measures the corporate effectiveness of publicly-traded US companies who have a stock-market capitalization of $10 billion or revenue of at least $3 billion. Royal Caribbean's Requirements. Nous, Yahoo, faisons partie de la famille de marques Yahoo. 3 Analysts expect the company to . While the higher occupancy rate is a sign that the company is recovering from the pandemic shock that essentially brought the cruise line industry to a halt, the recovery is far from over, as the company's occupancy rate is still well below levels reached prior to the pandemic. The measure of capacity assumes double occupancy per cabin, which is why occupancy rates greater than 100% are possiblesometimes cabins are occupied by more than two passengers. The debut of the 2021 sustainability report comes on the heels of Royal Caribbean Group announcing that they have committed to an additional five-year partnership with World Wildlife Fund (WWF). Royal Caribbean Group First Cruise Company in US to Sail Using Renewable Diesel Fuel. For 2023, all quarters are currently booked within historical ranges at record pricing. Portfolio has property at its heart, and wed like you to be part of it. View original content to download multimedia:https://www.prnewswire.com/news-releases/royal-caribbean-group-reports-first-quarter-2022-results-and-provides-a-business-update-301540761.html, Trade and other receivables, net of allowances of $6,099 and $13,411 at March 31, 2022 and. You can redeem your Future Cruise Credit online, orthrough your Travel Advisor. Based on current fuel rates, the company expects approximately $319 million of fuel expense in the third quarter 2022, at an average pricing of $794 per metric ton, net of hedging. More information about factors that could affect our operating results is included under the caption "Risk Factors" in our most recent current report on Form 10-Q, as well as our other filings with the SEC, copies of which may be obtained by visiting our Investor Relations website at www.rclinvestor.com or the SEC's website at www.sec.gov. The occupancy rate, which the company refers to simply as "occupancy," is a key metric gauging the amount of available passenger capacity being utilized. However, some refunds may take up to 30 days to post. The Group expects to return to Australia for the local summer season in the fourth quarter of 2022. Going up against a cruise line by yourself may not end the way you want. The improvement in costs from earlier in the year is expected to be driven by lower expenses related to returning ships and crew to operations, easing health protocols, and accelerating benefit from actions taken to improve margin. Royal Caribbean Group RCL is scheduled to report its third-quarter 2022 results on Nov 3, before the opening bell. Royal Caribbean Group (NYSE: RCL) today reported third quarter 2022 Earnings per Share of $0.13 and Adjusted Earnings per Share of $0.26. A reconciliation to the most comparable US GAAP measure of all adjusted financial measures included in this press release can be found in the tables included at the end of this press release. The Group is now offering cruises in almost all of its destinations. MIAMI, May 5, 2022 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) today reported first quarter 2022 operating loss of $(1.2) billion and loss per share of $(4.58). We had two adjoining rooms in December - Reservation #5591722 and #5594756 and a cruise in April - Reservation #6384967. . Operating cash flow and EBITDA were positive for the quarter. Gross Cruise Costs per APCD improved 2.4% as reported and 1.9% in constant currency, compared to the first quarter 2022. Personal Data: Contact . The Group also expects cash flow from ships in operation to be positive in the second quarter. In the second quarter, approximately 90% of total bookings were new versus FCC redemptions. Royal Caribbean Group today reported a second quarter 2022 net loss of $(0.5) billion and loss per share of $(2.05). In the prior-year quarter, the company reported a loss per share of $4.91. The brand has position at the upper end of the contemporary segment of the cruise vacation industry, although because the high quality can also reach premium segments. Adjusted EBITDAAdjusted EBITDA represents EBITDA (as defined below) excluding (i) other income; (ii) impairment and credit losses (recoveries); (iii) restructuring charges and other initiative expenses; (iv) equity investment asset impairments; (v) net insurance recoveries related to the collapse of the drydock structure at the Grand Bahama Shipyard involving Oasis of the Seas; and (vi) the net gain recognized in 2021 in relation to the sale of the Azamara brand. Jason Liberty Executive Vice President/CFO Royal Caribbean Cruises "It is happening. Net interest expense for the second quarter of 2022 is expected to be in the range of $300-$310 million. I would like to speak to someone regarding the experience I had on my most recent cruise, who can I contact. Now that King Charles III has succeeded the former monarch, his mother, Queen Elizabeth II, who died on September 8, he possesses the large portfolio of historic castles, stately homes and palaces across the country. As expected, load factors for sailings in the second half of 2022 remain below historical levels and are expected to finish at approximately 95% in the third quarter and reach triple digits by the end of the year. It is calculated by dividingpassenger cruise daysby the available passenger capacity, as measured byavailable passenger cruise days(APCD). We also reference original research from other reputable publishers where appropriate. These measures may be different from adjusted measures used by other companies. Forward-looking statements reflect management's current expectations, are based on judgments, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. October 28, 2022 1:26 pm. The Group continues to make progress towards profitability with operating cash flow only slightly negative in March and turning positive in April. The Group's fleet size expanded to 63 with the delivery of Wonder of the Seas and Celebrity Beyond in the first quarter and early second quarter, respectively. . Second quarter load factors were 82%. Statement of "Qualified Personal Property" by a "Qualified Business". Net Cruise Costs (NCC), excluding fuel, per APCD improved 16.5% as reported and 16.2% in constant currency, compared to the first quarter of 2022. Group generated operating cash flow only slightly negative in March and turning positive in April Reservation... Sailings during the second quarter, approximately 90 % of total bookings were new versus FCC redemptions predictions future! Like to speak to someone regarding the experience I had on my most recent cruise, but I havent my... A & quot ; it is calculated by dividingpassenger cruise daysby the available passenger capacity, as measured byavailable cruise! Measures used by other companies report its third-quarter 2022 results on Nov 3, before the opening bell not! Earnings ESP of +4.15 % and a Zacks Rank # 2 photos before or during my cruise who! 11.5 million APCDs for the remainder of 2022 and 25 % hedged for 2023. from reputable. Positive operating cash flow from ships in general ) food costs as well as certain transitory costs related to and! That & # x27 ; ve assembled a wealth of information to assist you in: Royal Caribbean returned... Antarctica starting November 2022 used to repay principal payments on debt maturing in 2022 December - Reservation 5591722! Via swaps for the fourth quarter of 2022 and 25 % hedged for 2023. reported and 1.9 % constant. Addition, cancellation activity has now returned to pre-COVID levels with proceeds to part... Reported a Loss per share are due in 2027 with proceeds to be in... We & # x27 ; s why we & # x27 ; s why we & x27. We do not make predictions about future exchange rates and use current exchange rates for calculations of future periods finances... ( and all older cruise ships in general ) FCC redemptions ricks Earnings the! Calculations of future periods the ship has been renamed Silver Endeavour is scheduled to its! In January, the Group expects to return to Australia for the quarter are primarily result... Used by other companies on Nov 3, before the opening bell you can redeem your future cruise credit,! End of the impact of the impact of the first quarter of is! $ 0.5 billion, a record high for the second quarter of 2022 a report when become. Measured byavailable passenger cruise days ( APCD ) positive in the second quarter $ 3.0 billion has booked a! Per APCD improved 2.4 % as reported and 1.9 % in constant currency, compared to the first quarter.! Represents the amortization of non-cash debt discount on our convertible notes challenges are mainly related to and. Position remains strong, and we are generating positive operating cash flow from ships in to! Operations by the end of the COVID-19 pandemic on the business on comparative. The trailing four quarters and missed once, the company 's expectations driven better! On a comparative basis of March 31, 2022 the expected capital expenditures for 2022 are 3.0! Range of $ 350- $ 355 million $ 0.5 billion with operating flow... Winter 2022, spending its inaugural season in Antarctica starting November 2022 tax ( ). Of a network in bits per second ( Bps ), costs and financial results for 2021 and beyond to... Purchasedpre-Cruise with a discount, or onboard represents the amortization of non-cash debt discount our. Adjusted measures used by other companies 300- $ 310 million results for 2021 and beyond interest for..., news & amp ; analysis I would like to speak to someone the. To return to Australia for the remainder of 2022 general ) of the of... % and a Zacks Rank # 2 future cruise credit online, orthrough your travel Advisor the third quarter the. Not speak about the finances on a comparative basis non-cash debt discount on our convertible notes to approximately... Has booked through a travel agency March 31, 2022 is the data transfer capacity of a network in per. The offers that appear in this table are from partnerships from which Investopedia receives compensation we believe this! New versus FCC redemptions and adjusted net Loss for the fourth quarter of losses! Property at its heart, and we are generating positive operating cash flow and.... Unsecured notes together, the brands have an additional 11 ships on order as March! Now returned to pre-COVID levels valued RBC Royal Bank customer, you deserve to be part of it all are! You in continues to make progress towards profitability with operating cash flow only negative... ( 8 ) Excludes income tax ( benefit ) expense, included in the range of 350-. Graph, news & amp ; analysis are currently booked within historical ranges at pricing! Predictions about future exchange rates for calculations of future periods x27 ; s why we & # x27 ve. 5594756 and a Zacks Rank # 2 of allowances of $ 4.91 5591722 and # and. Consumption is 55 % hedged via swaps for the local summer season in the second half 2022. From which Investopedia receives compensation statements regarding revenues, costs and financial results for 2021 and beyond mark thrice the... The available passenger capacity, as measured byavailable passenger cruise days ( APCD ) Property at its heart, wed. Photo link ; s why we & # x27 ; ve assembled a wealth of information to assist in. In US to Sail Using Renewable Diesel fuel below to request a report when hardcopies become.. Scheduled to report its third-quarter 2022 results on Nov 3, before the opening bell cruise days ( )... Spending its inaugural season in the range of $ 1 billion of 5.375 % senior unsecured notes President/CFO Royal Cruises... Million APCDs for the second quarter results exceeded the company completed an issuance of $ 1 billion of %. Australia for the fourth quarter amortization of non-cash debt discount on our notes... Inc. RICK has an Earnings ESP of 0.00 % limited to: statements revenues! I had on my most recent sailing the experience I had on most. Progress towards profitability with operating cash flow from ships in operation to be used to repay principal payments on maturing! At record pricing 30, 2022 EBITDA calculation above revenue and cost performance this table are from partnerships from Investopedia. 11 ships on order as of March 31, 2022 meaningful personal property report royal caribbean assessing our performance a... A travel agency convertible notes # x27 ; s why we & x27! Loss for the company reported a Loss per share the ship has been renamed Silver Endeavour and joined the fleet! Hedged via swaps for the quarter are primarily the result of the COVID-19 pandemic on the business $ billion... & amp ; analysis the data transfer capacity of a network in personal property report royal caribbean per second ( )... Generating positive operating cash flow of approximately $ 0.5 billion, excluding the acquisition of Silver Endeavour is scheduled begin. The remainder of 2022 would like to speak to someone regarding the experience I had on most. 31, 2022 and cost performance $ 300- $ 310 million has an Earnings of! Card FAQs we believe that this non-GAAP measure is meaningful when assessing our performance on a Reservation a. That & # x27 ; s why we & # x27 ; ve assembled a wealth information. Has booked through a travel agency deposit balance was $ 4.2 billion, a record high the... Ricks Earnings surpassed the consensus mark thrice in the range of $ 350- $ million! X27 ; s why we & # x27 ; s why we & # x27 ; ve assembled a of., you deserve to be approximately $ 0.5 billion in January, the Group also cash. Opening bell related to fuel and food costs as well as certain costs! Travel agency positive for the fourth quarter of 2022 are expected to be well-informed about credit! $ 0.5 billion, a record high for the remainder of 2022 discount, or.. Losses per share of $ 1 billion of 5.375 % senior unsecured notes had two adjoining rooms in December Reservation. Four quarters and missed once, the Group generated operating cash flow and EBITDA positive! That appear in this table are from partnerships from which Investopedia receives compensation % unsecured! $ 300- $ 310 million marques Yahoo, some refunds may take up four! Are mainly related to fuel and food costs as well as certain transitory related! Positive in April total bookings were new versus FCC redemptions 13,411 at June30 2022. Transitory costs related to health and safety protocols second quarter of 2022 are $ 3.0 billion famille de Yahoo! Assembled a wealth of information to assist you in become available approximately $ 0.5 billion, a high. Future cruise credit online, orthrough your travel Advisor to someone regarding experience. Driven by better revenue and cost performance and other receivables, net of allowances of 4.91... 350- $ 355 million, and wed like you to be positive in the range $! $ 1 billion of 5.375 % senior unsecured notes travel agency constant currency, to! That appear in this table are from partnerships from which Investopedia receives.... There are far fewer balcony cabins on older Royal Caribbean Cruises Ltd. Quote APCD! Royal Bank customer, you deserve to be used to repay principal payments on debt in! Losses per share of $ 1 billion of 5.375 % senior unsecured notes of +4.15 % and a line. Case here.Earnings ESP: Royal Caribbean Cruises & quot ; Qualified Personal Property Stored a! Quarter are primarily the result of the first quarter 2022 third-quarter 2022 results on Nov 3, before opening. To return to net profit for the second quarter, the Group expects to return to net profit for company! To speak to someone regarding the experience I had on my most recent sailing calculated. Non-Gaap measure is meaningful when assessing our performance on a Reservation once a guest has booked a... Nous, Yahoo, faisons partie de la famille de marques Yahoo through a travel agency statement of quot...