Royal Caribbean Cruise Group has raised its full-year earnings guidance, citing strong bookings in the second quarter. The company expects 2025 earnings of between $15.41 and $15.55 per share on an adjusted basis, up from prior guidance of $14.55 to $15.55.
CEO Jason Liberty attributed the growth to evolving consumer preferences, with travelers opting for experience-driven travel and frequent vacations. Millennials or younger generations now account for about half of total guests, who are willing to pay a premium for desirable cabins.
Royal Caribbean’s second-quarter adjusted earnings per share rose to $4.38 on revenue of $4.54 billion. The company reported an increase in income to $1.2 billion and a 5.8% rise in capacity compared to the previous year.
Despite the positive outlook, shares fell 5% on Tuesday. However, bookings for new ships launching this year are performing well, with Liberty praising the demand across the fleet. The company’s strategy appears to be resonating with today’s traveler, who is seeking experience-driven travel options.
Source: https://www.cnbc.com/2025/07/29/royal-caribbean-ceo-higher-guidance-travel-trends.html