Royal Caribbean CEO Says Company Competes with Itself in China
Photo Credit: Quantum of the Seas sails into Victoria Harbour in Hong Kong. Royal Caribbean International
Skift Take
China's slowing growth hasn't shaken the cruise industry's enthusiasm. But as executives like to point out: Cruise ships can easily relocate if demand dwindles.
Royal Caribbean Cruises CEO Richard Fain says cruises are just the thing for China's travelers in an era of economic concern.
Fain, in Beijing to announce a partnership between Royal Caribbean International and the Imperial Palace Museum, appeared on CNBC's Squawk Box Asia Tuesday morning local time.
Anchor Bernie Lo quickly brought up the issue of China's slowing growth and global worries about the stock market's performance.
"There’s questions about the economy, a lot of people feel like they’ve really taken a beating
