Royal Caribbean Leads Cruise Industry Recovery with Strong Ticket Revenue Increase

  • 📰 CNBC
  • ⏱ Reading Time:
  • 43 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 72%

Business ข่าว

Royal Caribbean,Cruise Industry,Ticket Revenue

Royal Caribbean has outperformed its competitors in the cruise industry by experiencing the highest ticket revenue increase relative to 2019. This success can be attributed to the company's ability to manage its cash position and issue the least amount of equity during the pandemic.

after the Centers for Disease Control and Prevention issued a no-sail order in March 2020 at the onset of the Covid pandemic in the U.S.

And Royal Caribbean has been leading the way. It's seen the highest ticket revenue increase relative to 2019 out of the big three cruise giants. And last month, its share price surpassed its pre-pandemic high. Carnival and Norwegian both trade more than 50% lower than their 2019 levels. "The No. 1 reason why Royal Caribbean has outperformed its peers and recovered the fastest is because they issued the least amount of equity during the pandemic. All of the companies had to issue equity. … All the companies had to issue convertible debt, and Royal Caribbean was able to manage its cash position in a way that utilized the least amount of equity," said Brandt Montour, Barclays senior equity research analyst.

This AI stock could fall 50% and has an ‘exaggerated artificial intelligence narrative,’ Morningstar says

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 12. in TH
 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

How Royal Caribbean is leading the charge in the cruise industry comebackThe cruise industry has made a comeback, and Royal Caribbean is leading the charge.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

How Royal Caribbean is leading the charge in the cruise industry comebackThe cruise industry has made a comeback, and Royal Caribbean is leading the charge.
แหล่ง: NBCDFW - 🏆 288. / 63 อ่านเพิ่มเติม »