Royal Caribbean Leads Cruise Lines Higher With Bookings Gain
- CFO sees pent-up demand from consumers eager to travel
- Shares have almost quadrupled from their Covid-19 lows
Visitors inspect the Resort deck area as construction work continues aboard the Celebrity Edge cruise ship, operated by Royal Caribbean Cruises.
Photographer: Marlene Awaad/BloombergThis article is for subscribers only.
Royal Caribbean Cruises Ltd. rose to its highest in nearly a year in New York after the company said bookings continue to improve, lifting the shares of competitors as well.
Since the beginning of the year, reservations are running 30% higher than in November and December, Chief Financial Officer Jason Liberty said Monday on a quarterly conference call with investors.