Profile: Royal Caribbean Cruises Ltd (RCL)
22 Jul 2016
Royal Caribbean Cruises Ltd., incorporated on July 23, 1985, is a cruise company. The Company owns various brands, such as Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France and joint venture interest in TUI Cruises. Together, these brands operate approximately 44 ships in the cruise vacation industry with an aggregate capacity of approximately 110,900 berths. The Company's ships operate on a selection of itineraries that call on approximately 480 destinations on all the continents.
Royal Caribbean International
Royal Caribbean International offers a range of itineraries to the destinations, including Alaska, Asia, Australia, Bahamas, Bermuda, Canada, the Caribbean, Europe, the Panama Canal, South America and New Zealand. The Company operates approximately 23 ships with an aggregate capacity of approximately 68,600 berths under its Royal Caribbean International brand, offering cruise itineraries that range from 2 to 24 nights. In addition, the Company has over five ships on order with an aggregate capacity of approximately 23,350 berths. These include its third, fourth and fifth Quantum-class ships.
Celebrity Cruises offers a range of itineraries to the destinations, including Alaska, Asia, Australia, Bermuda, Canada, the Caribbean, Europe, Hawaii, New Zealand, the Panama Canal and South America. The Company operates approximately 11 ships with an aggregate capacity of approximately 24,900 berths under its Celebrity Cruises brand, offering cruise itineraries that range from 2 to 18 nights. In addition, the Company has over two ships of a new generation, Project Edge, on order with an aggregate capacity of approximately 5,800 berths.
Azamara Club Cruises
Azamara Club Cruises serves the up-market segment of the North American, United Kingdom and Australian markets. The up-market segment incorporates elements of the premium segment and the luxury segment. Azamara Club Cruises sail in Asia, Australia, Northern and Western Europe, the Mediterranean, Central and South America, as well as North America and islands of the Caribbean. The Company operates over two ships with an aggregate capacity of approximately 1,400 berths under its Azamara Club Cruises brand, offering cruise itineraries that range from 3 to 20 nights.
Pullmantur, which operates in the contemporary segment, is designed for Spanish-speaking families and couples, and includes a Spanish-speaking crew, as well as tailored food and entertainment options. The Company operates approximately three ships with an aggregate capacity of approximately 6,200 berths under its Pullmantur brand, offering cruise itineraries that range from 2 to 15 nights throughout South America, the Caribbean and Europe.
CDF Croisieres de France
CDF Croisieres de France offers seasonal itineraries to the Mediterranean, Europe and Caribbean. CDF Croisieres de France serves the contemporary segment of the French cruise market by providing a brand for French cruise guests. The Company operates over two ships with an aggregate capacity of approximately 2,800 berths under its CDF Croisieres de France brand.
TUI Cruises is a joint venture owned by the Company and by a German tourism and shipping company. TUI Cruises serves the contemporary and premium segments of the German cruise market. TUI Cruises operates over four ships, Mein Schiff 1, Mein Schiff 2, Mein Schiff 3 and Mein Schiff 4, with an aggregate capacity of approximately 8,800 berths. In addition, TUI Cruises has over four newbuild ships on order, including Mein Schiff 5 and Mein Schiff 6, with an aggregate capacity of approximately 5,000 berths.
The Company competes with Carnival Corporation & plc, Disney Cruise Line, MSC Cruises and Norwegian Cruise Line Holdings Ltd.
Royal Caribbean Cruises Ltd
1050 Caribbean Way
MIAMI FL 33132-2028
Company Web Links
- BRIEF-Royal Caribbean agreed with Miami-Dade county to operate new cruise terminal at Port Miami
- BRIEF-Royal Caribbean Cruises entered credit agreements for financing of ships for celebrity cruises
- BRIEF-Royal caribbean to sell legend of the seas
- BRIEF-Royal Caribbean declares qtrly dividend of $0.375 per share
- BRIEF-Royal Caribbean Cruises, Springwater Capital announce JV