Royal Caribbean will be one of the first Western travel brands to return to China. The fact that bookings look healthy there point to strong cruise demand in the country.
What's the final verdict on Q2 travel earnings? Growth remains robust with a strong assist from Asia. But the industry is clearly slowing as travel demand normalizes and pent-up demand exhausts itself.
As revenge luxury travel and yacht charters for high net worth travelers shifts to exotic locations at slightly more affordable prices, the introduction of emission-free yachting may now allow these…
While consumer spending was key for Royal Caribbean's first quarter, demand across the board has led the company to its highest-ever revenue in the second quarter.
Destinations, cruise service providers and the government have been sitting up and taking note of the country’s potential in generating revenues and jobs. Now only if the sailing is smooth.