Royal Caribbean Slides After Mexico Reviews Water Park Plan
Rendering of Royal Caribbean’s Perfect Day Mexico park.
Source: Royal Caribbean Cruises Ltd.
Royal Caribbean Cruises Ltd. shares fell after Mexican President Claudia Sheinbaum ordered a review of the cruise line operator’s water park project in Quintana Roo state.
Sheinbaum asked her environment minister to evaluate the impact of the project, which has drawn protests. Shares in the Miami-based company closed down almost 3% in New York on Monday, while the S&P 500 index was unchanged.