Early indications of 2014 demand have the company expecting improved occupancy and yield growth.
(Reuters) - Royal Caribbean Cruises Ltd reported strong bookings for 2014 as more vacationers opted for its Europe cruises, helping the world's second-largest cruise operator take market share from Carnival Corp .
times, up from around 2.0 times in 2010. Even though no debt has been issued as of yet, we still think Royal Caribbean 's RCL (rating: BB-, narrow moat) announcement that it will double its dividend takes the firm further from its stated goal of
did recommend it dramatically lower, but the actual stuff in the pipeline is so good, we will not sell." Royal Caribbean ( RCL ) : "They took a lot of share ... This is a perfect situation. It is excellent." Take-Two Interactive ( TTWO ): "Management
By Mark Kowalski : If you caught a glance at a friend's paycheck and worked out that he had a $100,000 salary, you might be impressed. But if you also saw he was making mortgage payments on a $2,000,000 house, you wouldn't be so concerned with how great his salary is, most of his money would be ...
cruising in Europe and North America. It competes with cruise lines owned by Carnival Cruise Lines ( CCL ) and Royal Caribbean Cruises ( RCL ), both of which have much larger market share than Norwegian. The company is overvalued and overextended
forecast. We weren’t particularly surprised that earnings were reduced again after recently listening to Royal Caribbean’s RCL first-quarter earnings call, which implied Carnival’s competitors were using this opportunity to steal demand and temporarily
of bad press and noise surrounding the cruise industry earlier this year, we were pleased that narrow-moat Royal Caribbean RCL was still able to deliver a strong first quarter, confirming our thoughts that compelling product offerings and value pricing
thing as bad press. Well, it doesn't really apply to this story as reports of 100-200 passengers aboard a Royal Caribbean ( RCL ) ship have become ill with norovirus. From WebMD : Noroviruses typically spread through contaminated water and foods, although