Profile: Royal Caribbean Cruises Ltd (RCL.N)
28 Aug 2015
Royal Caribbean Cruises Ltd. (Royal Caribbean), 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 a 50% joint venture interest in TUI Cruises. Together, these six brands operate a combined 43 ships in the cruise vacation industry with an aggregate capacity of approximately 105,750 berths as of December 31, 2014. The Company’s ships operate on a selection of itineraries that call on approximately 480 destinations on all seven continents.
Royal Caribbean International
Royal Caribbean International offers a variety of itineraries, including Alaska, Asia, Australia, Bahamas, Bermuda, Canada, the Caribbean, Europe, the Panama Canal, South America and New Zealand. Royal Caribbean International has a ship upgrade program designed to incorporate certain of features of its newer ships across the fleet. As of December 31, 2014, the Company operated 22 ships with an aggregate capacity of approximately 64,150 berths under its Royal Caribbean International brand, offering cruise itineraries that range from two to 18 nights.
Celebrity Cruises offers a variety of itineraries, including Alaska, Asia, Australia, Bermuda, Canada, the Caribbean, Europe, Hawaii, New Zealand, the Panama Canal and South America. As of December 31, 2014, the Company operated 11 ships with an aggregate capacity of approximately 24,900 berths under its Celebrity Cruises brand, offering cruise itineraries that range from two to 23 nights.
Azamara Club Cruises
Azamara Club Cruises is designed to serve 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 sails in Asia, Northern and Western Europe, the Mediterranean, South and Central America, islands of the Caribbean and North America. As of December 31, 2014, the Company operated two ships with an aggregate capacity of approximately 1,400 berths under its Azamara Club Cruises brand, offering cruise itineraries that range from four to 20 nights.
Pullmantur serves the contemporary segment of the Spanish, Portuguese and Latin American cruise markets. As of December 31, 2014, the Company operated three ships with an aggregate capacity of approximately 6,200 berths under its Pullmantur brand, offering cruise itineraries that range from two to 17 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. During the winter season, Zenith is deployed to the Pullmantur brand for sailings in South America. CDF Croisieres de France is designed to serve the contemporary segment of the French cruise market. As of December 31, 2014, the Company operated 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 50% by the Company and 50% by TUI AG, a German tourism and shipping company, and is designed to serve the contemporary and premium segments of the German cruise market. TUI Cruises operates three ships, Mein Schiff 1, Mein Schiff 2 and Mein Schiff 3, with an aggregate capacity of approximately 6,300 berths. In addition, TUI Cruises has three new build ships on order at the Finnish Meyer Turku yard with an aggregate capacity of approximately 7,500 berths: Mein Schiff 4 and Mein Schiff 5.
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
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