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Royal Caribbean Cruises Through Q1 As Demand And Pricing Remains High - Royal Caribbean Gr (NYSE:RCL)

Royal Caribbean saw Q1 passenger ticket revenue reach $2.54 billion, a 34% year-over-year increase versus Q1 2023.

Cruise ship industry is booming despite spate of high-seas deaths

Soaring demand for vacations at sea has given cruise operators ample room to raise ticket prices as the industry looks to close the pricing gap between more expensive land-based holidays and give their profits a lift.

Royal Caribbean Cruises (RCL) Q1 2024 Earnings Call Transcript

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