Never bet against a cruise line: Royal Caribbean Group’s financial ...

3 days ago · MIAMI — Cruise vacation naysayers who predicted the industry’s downfall during the pandemic shutdown are learning a valuable lesson: never bet against cruise lines or their loyal fans.

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Hedge Funds Lose Over $6B Betting Against US Cruise Lines

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Aug 4, 2023 · Hedge funds bet against companies like Royal Caribbean RCL and Carnival Cruise Lines CCL, expecting their stock to decline. However, these companies have more than …

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Royal Caribbean Group Lost Over $5.8 Billion In 2020

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Feb 22, 2021 · All cruise lines have been ravaged by the effects of the industry shutdown, and Royal Caribbean Group is no exception. For the full year, Royal Caribbean Group reported US …

royalcaribbeanblog.com

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Hedge Funds Lose $6bn Betting Against Cruise Lines And Hotels

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Hedge funds have lost more than $6bn this year betting against cruise lines and hotels after underestimating the resilience of US consumers. Cruise lines Royal Caribbean and Carnival …

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Better Buy: Royal Caribbean Group Vs. Carnival Cruise Lines?

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Oct 5, 2022 · Royal Caribbean Group (RCL-0.12%) and Carnival Cruise Lines (CCL 0.37%) both took big hits as countries locked down shores and travelers hunkered down during the early …

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FAQs about Never bet against a cruise line: Royal Caribbean Group’s financial ... Coupon?

Is Royal Caribbean Group a good company?

Royal Caribbean Group is also a 50% owner of a joint venture that includes TUI Cruises and Hapag-Lloyd Cruises. Together, their brands operate a global fleet of 60 ships traveling to more than 800 destinations Royal Caribbean Group reports have an aggregate usefulness score of 4.6 based on 152 reviews. ...

Who is Royal Caribbean's biggest competitor?

Two of its most prominent competitors, Carnival Corp and Norwegian Cruise Line Holdings, do not oversee large brands in the industry. Instead, Celebrity's biggest rivals would be established and popular river cruise companies like Viking and Avalon Waterways. 2027 would be a defining year for Royal Caribbean. ...

Does Royal Caribbean have a competitive advantage over cruises?

Royal Caribbean Group CEO Jason Liberty talked about how the cruise line has narrowed the competitive advantage land vacations have over cruises, "We've seen this40% gap to land based vacation. It used to be about 20%." "The Royal brand actually closed the gap very significantly with the introduction of Perfect day, the modernization of our fleet. ...

Will Royal Caribbean cruises (RCL) stock double this year?

After soaring 89% so far in 2024, shares of Royal Caribbean Cruises (RCL -1.18%) hit another all-time high on Tuesday. The stock could wind up doubling this year if the market proves buoyant over the holiday season. That wouldn't be a fluke. Royal Caribbean stock more than doubled last year with a 162% surge. ...

Could Royal Caribbean double its value?

Plenty of things might go wrong, but if it can navigate through those rough seas, Royal Caribbean could accomplish the rare feat of more than doubling its value for three consecutive years. The cruise line operator is almost a five-bagger over the past two years. This doesn't have to be the end of the ride. ...

Is Royal Caribbean profitable?

If we've learned anything from the economics of the past two years, it'sRoyal Caribbean is profitable when there's as many cruise ship passengers onboard. Part of the reason Royal Caribbean Group is starting to see profitable days ahead is their ships are mostly sailing full again. ...