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Royal Caribbean Group

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was formed in early 2019 as a joint venture between Royal Caribbean Group and the ITM Group with the intention of purchasing the Grand Lucayan Resort and re-developing the neighbouring Freeport Harbour in The Bahamas as a cruise destinations that would benefit the local Freeport economy. However, the
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In early 2019, Royal Caribbean announced in a joint venture with ITM Group the formation of Holistica, a company that intends to develop cruise destinations. The only known destination that the company is to develop is the Grand Lucayan Resort, located in
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Royal Caribbean Group and Carnival Corporation announced a joint investment of $ 350 million in the shipyard in 2021, partly in response to damage suffered to the facility after an incident involving the collapse of two cranes during maintenance on
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Government of the Bahamas withdrew support for the re-development of the Grand Lucayan Resort citing that it was 'not in the best interests of the Bahamian people'. Holistica continues to plan for a Freeport Harbour re-development.
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On July 10, 2020, Royal Caribbean Cruises purchased the remaining shares of Silversea Cruises. That same month, it also changed its name to Royal Caribbean Group. It also adjusted its logo. Royal Caribbean sold Azamara Cruises to
1787: 601:, had a 50% interest in Island Cruises following their merger with First Choice Holidays in 2007. In October 2008, Royal Caribbean Cruises rationalized their holdings by selling their share of Island Cruises to TUI. 577:
In November 2006, Royal Caribbean Cruises purchased Pullmantur Cruises based in Madrid, Spain. From there, the company expanded rapidly with the creation of Azamara Cruises in May 2007 as a subsidiary of
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Royal Caribbean Group and iCON Infrastructure entered a partnership in 2022 to own, manage, and develop strategic cruise port infrastructure in home ports and key ports of call. The partnership includes
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Holistica also operates three other popular cruise destinations in the Caribbean. These are Costa Maya in Mexico, Roatan in Honduras, and Puerto Plata in the Dominican Republic.
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As of August 2024, the line operates 28 ships and has four additional ships on order and 2 ships were planned but did not announced the launch date.
2183: 2114: 1441: 187: 1655: 1028: 559:. The decision was made to keep the two cruise line brands separate following the merger; as a result Royal Caribbean Cruise Line was re-branded 964: 1963: 1390: 943: 114: 17: 1536: 759:. Founded in 1994 by the Vlasov Group of Monaco and the Lefebvre family of Rome it pioneered all-inclusive cruising with its first ship, 1269: 1207: 1158: 860:(formerly Pullmantur Air) is a wet-leasing and charter airline headquartered in Madrid, Spain. Royal Caribbean Group holds a 19% stake. 563:
and Royal Caribbean Cruises Ltd. was established as the new parent company of both Royal Caribbean International and Celebrity Cruises.
1810:"Royal Caribbean Group Announces Strategic Agreement with Meyer Turku Oy, Finnish Government | Royal Caribbean Group Press Center" 1417:"Royal Caribbean has sold its Azamara brand including 4 ships for $ 201 million as the company continues to push back 2021 sail dates" 1182: 810:
is a ship maintenance facility located in Freeport, the Bahamas. Royal Caribbean Group holds a 40% stake. Other investors include
1721: 849:, as well as several development projects in Spain, Italy, and the U.S. Virgin Islands. Royal Caribbean Group holds a 10% stake. 1240: 2168: 1788:"Royal Caribbean Group Forms a Strategic Partnership with iCON Infrastructure to Launch New Chapter of Destination Development" 1416: 1824:"Royal Caribbean Announces Strategic Agreement with Meyer Turku, Finnish Government - Cruise Industry News | Cruise News" 1339: 682:. In 2018, Royal Caribbean International controlled 19.2% of the worldwide cruise market by passengers and 14.0% by revenue. 1114: 624:
ship, for $ 275 million. The ship was renamed Silver Endeavour when it officially joins the Royal Caribbean's subsidiary,
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in 1997. Celebrity's signature logo is an "Χ" displayed on the funnel of Celebrity ships, and is the Greek letter
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and the government of Finland to chart the way forward for innovative and sustainable shipbuilding in Finland.
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This article is about the holding company that owns several cruise lines. For its subsidiary cruise line, see
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with 65 ships in the current fleet and 5 ships on order until 2028. They also hold a 50% stake in
1291: 269: 259: 98: 1200:"TUI AG and Royal Caribbean Cruises Ltd. announce joint venture to serve German cruise market" 988: 597:, which began operations in 2009 aimed at a German-speaking market. TUI Cruises's subsidiary, 2163: 571: 811: 620:
In July 2022, Royal Caribbean Group received court approval to purchase Endeavor, a former
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Cruise Business Review: Royal Caribbean starts new cruise line dedicated to French market
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after the hotel campus was sold to newly formed subsidiary by the Bahamian Government.
574:. Island Cruises became an informal cruise line on the British and Brazilian markets. 2018: 2008: 1699: 1585: 1094: 824: 743: 694: 625: 614: 606: 579: 556: 532: 528: 435: 430: 1901: 1889: 829: 378: 2069: 1634:"Royal Caribbean CEO hints at future plans for Freeport, Bahamas resort purchase" 1568: 1366:"Surprise! Royal Caribbean Cruises just changed its name, without telling anyone" 1186: 911: 899: 621: 500: 175: 120: 1560: 1125: 2087: 1949: 1937: 1611: 881: 719: 567: 84: 55: 1492: 666:
brand founded in 1968 in Norway and organized as a wholly owned subsidiary of
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A third brand under Royal Caribbean Cruises ownership was formed in 2000 when
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Royal Caribbean Group was formed as Royal Caribbean Cruises Ltd. in 1997 when
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In December 2022, Royal Caribbean announced a strategic partnership with
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largest cruise line by revenue and second largest by passengers counts
102: 2041: 1151:"Celebrity Cruises Presents New, Deluxe Cruise Line: Azamara Cruises" 863: 857: 846: 455: 1656:"Royal Caribbean plan to buy Grand Lucayan Resort Freeport canceled" 1442:"Royal Caribbean Acquires Crystal Endeavor Ship for Silversea Fleet" 470: 2002: 995:. Miami, Florida: Royal Caribbean Group. PRNewswire. 10 July 2020 711: 675: 512: 504: 221: 144: 65: 989:"Royal Caribbean Group Acquires Remaining Interest in Silversea" 765:. Since July 2020, it has been owned by Royal Caribbean Group. 756: 594: 139: 1268:. Royal Caribbean Cruises Ltd. 6 October 2008. Archived from 707: 671: 508: 356: 217: 61: 1230:"Tui Travel plc Begins Trading on the London Stock Exchange" 718:. Celebrity Cruises was founded in 1988 by the Greece-based 1722:"$ 350 Million Expansion Planned for Grand Bahama Shipyard" 1985: 1873: 1391:"Royal Caribbean Cruises Ltd. changes corporate name" 983: 981: 1525:." Celebrity Cruises. Retrieved on 20 January 2010. 1314:"Have you noticed? It's now Royal Caribbean Group" 864:Strategic partnership with Meyer Turku and Finland 835: 978: 586:in May 2008 to serve the French-language market. 2145: 1582:Monarchs of the sea : the great ocean liner 768: 636: 2159:Companies listed on the New York Stock Exchange 1537:"Chandris to Launch Chandris Celebrity Cruises" 1971: 1744:"$ 350m investment for Grand Bahama Shipyard" 1031:. Royal Caribbean Cruises Ltd. Archived from 944:"2023 Royal Caribbean Cruises Ltd. Form 10-K" 938: 936: 934: 932: 930: 928: 1584:. London: Taurus Parke Books. p. 177. 452:Holistica (50%) Grand Bahama Shipyard (40%) 1978: 1964: 1258: 1851:Business data for Royal Caribbean Group: 1493:"2018 Worldwide Cruise Line Market Share" 1204:Royal Caribbean Cruise Ltd. Press Release 1155:Royal Caribbean Cruise Ltd. Press Release 1091:The Chandris Liners and Celebrity Cruises 925: 787: 582:. It followed this with the formation of 1604: 802: 589:Royal Caribbean also has an interest in 2184:Transport companies established in 1997 1088: 14: 2146: 1579: 1573: 1311: 1053: 60:Royal Caribbean Group headquarters in 1987:Subsidiaries of Royal Caribbean Group 1959: 1534: 1465: 1093:. Rosenberg Publishing. p. 219. 1503:from the original on 6 November 2018 1337: 737: 688: 570:was created as a joint venture with 1605:Hutcheon, Helen (3 November 2013). 714:, and a wholly owned subsidiary of 515:. It is the world's second-largest 24: 1554: 25: 2195: 1834: 1790:(Press release). 19 December 2022 1535:Staff, C. I. N. (17 April 1989). 1414: 1363: 617:in March 2021 for $ 201 million. 1943: 1931: 1919: 1907: 1895: 1883: 875: 405: 404: 386: 385: 364: 363: 342: 341: 320: 319: 295: 294: 54: 45: 1816: 1802: 1780: 1758: 1736: 1714: 1692: 1670: 1648: 1626: 1598: 1528: 1515: 1485: 1459: 1434: 1408: 1383: 1357: 1331: 1305: 1284: 1222: 1192: 1173: 836:iCON Infrastructure partnership 631: 481:Footnotes / references 1143: 1107: 1082: 1060:to Be TUI Cruises' First Ship" 1054:Newman, Doug (30 April 2008). 1047: 1021: 1007: 957: 773: 521:Carnival Corporation & plc 13: 1: 2169:Offshore companies of Liberia 2014:Royal Caribbean International 1122:Island Cruises press material 1029:"Investor Relations Overview" 918: 843:Royal Caribbean International 769:Other significant investments 648:Royal Caribbean International 643:Royal Caribbean International 637:Royal Caribbean International 561:Royal Caribbean International 525:Royal Caribbean International 426:Royal Caribbean International 32:Royal Caribbean International 1312:Kalosh, Anne (9 July 2020). 1237:TUI Travel PLC press release 884:(50% share, owned 2000–2008) 852: 784:Cruise line based in Germany 494:Royal Caribbean Cruises Ltd. 76:Royal Caribbean Cruises Ltd. 18:Royal Caribbean Cruises Ltd. 7: 1561:Maritime Matters: Sun Vista 816:Grand Bahama Port Authority 724:Royal Caribbean Cruise Line 656:Royal Caribbean Cruise Line 553:Royal Caribbean Cruise Line 159:; 27 years ago 10: 2200: 2179:Companies based in Florida 1541:www.cruiseindustrynews.com 1115:"Island Cruises ownership" 832:, both occurring in 2019. 777: 741: 692: 640: 546: 29: 2080: 2051: 2034: 2027: 1993: 1563:, retrieved 29. 11. 2007 479: 465: 416: 398: 376: 354: 332: 310: 289: 279: 242: 232: 181: 171: 153: 127: 113: 90: 80: 72: 53: 44: 2174:Companies based in Miami 2092:CDF Croisières de France 2065:Hapag-Lloyd Kreuzfahrten 2035:With Springwater Capital 1189:, retrieved 14. 10. 2007 888:CDF Croisières de France 845:-operated Terminal A in 584:CDF Croisières de France 1567:16 October 2007 at the 1499:. Cruise Market Watch. 1089:Plowman, Peter (2006). 1064:At Sea with Doug Newman 654:), previously known as 593:, a joint venture with 1580:Ulrich, Kurt. (1997). 828:and damages caused by 793:Holistica Destinations 788:Holistica Destinations 27:Cruise holding company 2154:Royal Caribbean Group 2081:Former joint ventures 1497:cruisemarketwatch.com 808:Grand Bahama Shipyard 803:Grand Bahama Shipyard 716:Royal Caribbean Group 670:since 1997. Based in 668:Royal Caribbean Group 572:First Choice Holidays 490:Royal Caribbean Group 40:Royal Caribbean Group 2003:Azamara Club Cruises 1466:Kumaresan, Shivani. 1338:Jibilian, Isabella. 908:(2000-2020, defunct) 814:(40% stake) and the 812:Carnival Corporation 492:, formerly known as 2130:25.7753°N 80.1780°W 2126: /  1395:www.bizjournals.com 1318:seatrade-cruise.com 1272:on 8 September 2012 1246:on 27 February 2008 1131:on 27 February 2008 1035:on 18 December 2008 993:www.rclinvestor.com 894:SkySea Cruise Lines 541:Hapag-Lloyd Cruises 471:royalcaribbeangroup 447:Hapag-Lloyd cruises 400:Number of employees 368:US$ 35.131 billion 203:25.7753°N 80.1780°W 199: /  41: 2096:Pullmantur Cruises 1768:. 20 December 2022 1680:. 22 December 2022 1658:. 23 December 2021 1185:2008-03-19 at the 1161:on 10 October 2007 906:Pullmantur Cruises 722:, and merged with 390:US$ 4.724 billion 346:US$ 1.704 billion 324:US$ 2.878 billion 39: 2135:25.7753; -80.1780 2109: 2108: 2105: 2104: 2019:Silversea Cruises 2009:Celebrity Cruises 1415:Chang, Brittany. 1370:The Points Guy UK 965:"Proxy Statement" 902:(2000-2021, sold) 825:Oasis of the Seas 755:headquartered in 749:Silversea Cruises 744:Silversea Cruises 738:Silversea Cruises 706:headquartered in 700:Celebrity Cruises 695:Celebrity Cruises 689:Celebrity Cruises 626:Silversea Cruises 615:Sycamore Partners 580:Celebrity Cruises 557:Celebrity Cruises 533:Silversea Cruises 529:Celebrity Cruises 487: 486: 436:Silversea Cruises 431:Celebrity Cruises 412: 393: 371: 349: 327: 305: 208:25.7753; -80.1780 16:(Redirected from 2191: 2141: 2140: 2138: 2137: 2136: 2131: 2127: 2124: 2123: 2122: 2119: 2032: 2031: 1980: 1973: 1966: 1957: 1956: 1948: 1947: 1946: 1936: 1935: 1934: 1924: 1923: 1922: 1912: 1911: 1900: 1899: 1898: 1888: 1887: 1879: 1846: 1845: 1843:Official website 1828: 1827: 1820: 1814: 1813: 1806: 1800: 1799: 1797: 1795: 1784: 1778: 1777: 1775: 1773: 1762: 1756: 1755: 1753: 1751: 1740: 1734: 1733: 1731: 1729: 1718: 1712: 1711: 1709: 1707: 1696: 1690: 1689: 1687: 1685: 1674: 1668: 1667: 1665: 1663: 1652: 1646: 1645: 1643: 1641: 1630: 1624: 1623: 1621: 1619: 1602: 1596: 1595: 1577: 1571: 1558: 1552: 1551: 1549: 1547: 1532: 1526: 1519: 1513: 1512: 1510: 1508: 1489: 1483: 1482: 1480: 1478: 1463: 1457: 1456: 1454: 1452: 1438: 1432: 1431: 1429: 1427: 1421:Business Insider 1412: 1406: 1405: 1403: 1401: 1387: 1381: 1380: 1378: 1376: 1361: 1355: 1354: 1352: 1350: 1344:Business Insider 1335: 1329: 1328: 1326: 1324: 1309: 1303: 1302: 1300: 1298: 1288: 1282: 1281: 1279: 1277: 1262: 1256: 1255: 1253: 1251: 1245: 1239:. 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Retrieved 867: 856: 839: 823: 820: 807: 806: 798: 792: 791: 762:Silver Cloud 761: 751:is a luxury 748: 747: 715: 699: 698: 684: 678:, it is the 667: 659: 655: 651: 647: 646: 632:Subsidiaries 619: 611: 603: 588: 576: 565: 550: 493: 489: 488: 480: 418:Subsidiaries 379:Total equity 357:Total assets 182:Headquarters 121:LR0008862868 81:Company type 36: 2133: / 2059:TUI Cruises 1994:Fully owned 1861:SEC filings 1546:13 November 1507:26 December 1446:TravelPulse 1292:"Holistica" 1276:10 November 1250:11 December 1214:11 December 1165:11 December 1135:11 December 1074:10 November 1039:10 November 914:(1988-1992) 890:(2007-2017) 870:Meyer Turku 780:TUI Cruises 774:TUI Cruises 753:cruise line 704:cruise line 664:cruise line 591:TUI Cruises 537:TUI Cruises 517:cruise line 441:TUI Cruises 234:Area served 206: / 135:Hospitality 107:S&P 500 2148:Categories 2121:80°10′41″W 2118:25°46′31″N 1523:Contact Us 919:References 599:TUI Travel 555:purchased 335:Net income 244:Key people 194:80°10′41″W 191:25°46′31″N 2042:Wamos Air 1902:Companies 1890:Transport 1640:30 August 1400:10 August 1375:10 August 1349:10 August 1297:30 August 858:Wamos Air 853:Wamos Air 847:PortMiami 628:' fleet. 456:Wamos Air 256:president 238:Worldwide 109:component 93:Traded as 2005:(former) 1794:9 August 1772:9 August 1750:9 August 1728:9 August 1706:9 August 1684:9 August 1662:9 August 1565:Archived 1501:Archived 1472:Benzinga 1183:Archived 732:Chandris 662:), is a 607:Freeport 409:107,700 280:Services 128:Industry 73:Formerly 2094:(49%), 2090:(50%), 1950:Liberia 1938:Florida 1876:Portals 1477:21 July 1451:21 July 1426:21 July 1323:11 July 999:11 July 949:1 March 730:, for " 712:Florida 676:Florida 547:History 513:Florida 505:Liberia 466:Website 290:Revenue 284:Cruises 222:Florida 172:Founder 162: ( 154:Founded 145:Tourism 101::  66:Florida 2061:(50%) 1914:Oceans 1866:Yahoo! 1856:Google 1702:. 2020 1588:  1097:  970:2 June 757:Monaco 595:TUI AG 531:, and 498:cruise 411:(2023) 392:(2023) 370:(2023) 348:(2023) 326:(2023) 304:(2023) 258:& 140:Travel 85:Public 2098:(49%) 2052:Other 2044:(19%) 1618:4 May 1244:(PDF) 1233:(PDF) 1129:(PDF) 1118:(PDF) 708:Miami 702:is a 672:Miami 509:Miami 458:(19%) 449:(50%) 443:(50%) 218:Miami 62:Miami 1796:2023 1774:2023 1752:2023 1730:2023 1708:2023 1686:2023 1664:2023 1642:2019 1620:2014 1586:ISBN 1548:2022 1509:2018 1479:2022 1453:2022 1428:2022 1402:2020 1377:2020 1351:2020 1325:2020 1299:2019 1278:2008 1252:2007 1216:2007 1167:2007 1137:2007 1095:ISBN 1076:2008 1041:2008 1001:2020 972:2022 951:2024 660:RCCL 539:and 473:.com 300:US$ 227:U.S. 164:1997 157:1997 115:ISIN 99:NYSE 1926:USA 734:". 728:chi 652:RCI 270:CFO 260:CEO 103:RCL 2150:: 1609:. 1539:. 1495:. 1470:. 1444:. 1419:. 1393:. 1368:. 1342:. 1316:. 1235:. 1202:. 1153:. 1120:. 1062:. 991:. 980:^ 927:^ 710:, 674:, 543:. 527:, 511:, 225:, 220:, 215:, 64:, 1979:e 1972:t 1965:v 1878:: 1826:. 1812:. 1798:. 1776:. 1754:. 1732:. 1710:. 1688:. 1666:. 1644:. 1622:. 1594:. 1550:. 1521:" 1511:. 1481:. 1455:. 1430:. 1404:. 1379:. 1353:. 1327:. 1301:. 1280:. 1254:. 1218:. 1169:. 1139:. 1103:. 1078:. 1056:" 1043:. 1017:. 1003:. 974:. 953:. 658:( 650:( 272:) 268:( 262:) 254:( 166:) 34:. 20:)

Index

Royal Caribbean Cruises Ltd.
Royal Caribbean International


Miami
Florida
Public
Traded as
NYSE
RCL
S&P 500
ISIN
LR0008862868
Hospitality
Travel
Tourism
Arne Wilhelmsen
25°46′31″N 80°10′41″W / 25.7753°N 80.1780°W / 25.7753; -80.1780
Miami
Florida
president
CEO
CFO
Cruises
US$
Operating income
Net income
Total assets
Total equity
Subsidiaries

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