Cruise Demand Has Returned to Pre-Pandemic Levels, Royal Caribbean CEO Says
- Company sees record yield in 2023 as demand continues rebound
- Carnival, Norwegian shares rose on Royal Caribbean earnings
Jason Liberty
Photographer: Eva Marie Uzcategui/BloombergThis article is for subscribers only.
Royal Caribbean Cruises Ltd. said occupancy has rebounded to pre-pandemic levels, with bookings running higher than the third quarter of 2019.
The second-largest cruise operator reported third-quarter results Thursday that surpassed Wall Street estimates and said customer demand met 2019 levels for the first time since the Covid-19 pandemic shut down cruises.