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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
1776: 590:, 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. 566:
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.
2172: 2103: 1430: 176: 1644: 1017: 548:. 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 953: 1952: 1379: 932: 103: 1525: 748:. Founded in 1994 by the Vlasov Group of Monaco and the Lefebvre family of Rome it pioneered all-inclusive cruising with its first ship, 1258: 1196: 1147: 849:(formerly Pullmantur Air) is a wet-leasing and charter airline headquartered in Madrid, Spain. Royal Caribbean Group holds a 19% stake. 552:
and Royal Caribbean Cruises Ltd. was established as the new parent company of both Royal Caribbean International and Celebrity Cruises.
1799:"Royal Caribbean Group Announces Strategic Agreement with Meyer Turku Oy, Finnish Government | Royal Caribbean Group Press Center" 1406:"Royal Caribbean has sold its Azamara brand including 4 ships for $ 201 million as the company continues to push back 2021 sail dates" 1171: 799:
is a ship maintenance facility located in Freeport, the Bahamas. Royal Caribbean Group holds a 40% stake. Other investors include
1710: 838:, as well as several development projects in Spain, Italy, and the U.S. Virgin Islands. Royal Caribbean Group holds a 10% stake. 1229: 2157: 1777:"Royal Caribbean Group Forms a Strategic Partnership with iCON Infrastructure to Launch New Chapter of Destination Development" 1405: 1813:"Royal Caribbean Announces Strategic Agreement with Meyer Turku, Finnish Government - Cruise Industry News | Cruise News" 1328: 671:. In 2018, Royal Caribbean International controlled 19.2% of the worldwide cruise market by passengers and 14.0% by revenue. 1103: 613:
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
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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.
563:. Island Cruises became an informal cruise line on the British and Brazilian markets. 2007: 1997: 1688: 1574: 1083: 813: 732: 683: 614: 603: 595: 568: 545: 521: 517: 424: 419: 1890: 1878: 818: 367: 2058: 1623:"Royal Caribbean CEO hints at future plans for Freeport, Bahamas resort purchase" 1557: 1355:"Surprise! Royal Caribbean Cruises just changed its name, without telling anyone" 1175: 900: 888: 610: 489: 164: 109: 1549: 1114: 2076: 1938: 1926: 1600: 870: 708: 556: 73: 44: 1481: 655:
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
91: 2030: 1140:"Celebrity Cruises Presents New, Deluxe Cruise Line: Azamara Cruises" 852: 846: 835: 444: 1645:"Royal Caribbean plan to buy Grand Lucayan Resort Freeport canceled" 1431:"Royal Caribbean Acquires Crystal Endeavor Ship for Silversea Fleet" 459: 1991: 984:. Miami, Florida: Royal Caribbean Group. PRNewswire. 10 July 2020 700: 664: 501: 493: 210: 133: 54: 978:"Royal Caribbean Group Acquires Remaining Interest in Silversea" 754:. Since July 2020, it has been owned by Royal Caribbean Group. 745: 583: 128: 1257:. Royal Caribbean Cruises Ltd. 6 October 2008. Archived from 696: 660: 497: 345: 206: 50: 1219:"Tui Travel plc Begins Trading on the London Stock Exchange" 707:. Celebrity Cruises was founded in 1988 by the Greece-based 1711:"$ 350 Million Expansion Planned for Grand Bahama Shipyard" 1974: 1862: 1380:"Royal Caribbean Cruises Ltd. changes corporate name" 972: 970: 1514:." Celebrity Cruises. Retrieved on 20 January 2010. 1303:"Have you noticed? It's now Royal Caribbean Group" 853:Strategic partnership with Meyer Turku and Finland 824: 967: 575:in May 2008 to serve the French-language market. 2134: 1571:Monarchs of the sea : the great ocean liner 757: 625: 2148:Companies listed on the New York Stock Exchange 1526:"Chandris to Launch Chandris Celebrity Cruises" 1960: 1733:"$ 350m investment for Grand Bahama Shipyard" 1020:. Royal Caribbean Cruises Ltd. Archived from 933:"2023 Royal Caribbean Cruises Ltd. Form 10-K" 927: 925: 923: 921: 919: 917: 1573:. London: Taurus Parke Books. p. 177. 441:Holistica (50%) Grand Bahama Shipyard (40%) 1967: 1953: 1247: 1840:Business data for Royal Caribbean Group: 1482:"2018 Worldwide Cruise Line Market Share" 1193:Royal Caribbean Cruise Ltd. Press Release 1144:Royal Caribbean Cruise Ltd. Press Release 1080:The Chandris Liners and Celebrity Cruises 914: 776: 571:. It followed this with the formation of 1593: 791: 578:Royal Caribbean also has an interest in 2173:Transport companies established in 1997 1077: 2135: 1568: 1562: 1300: 1042: 49:Royal Caribbean Group headquarters in 1976:Subsidiaries of Royal Caribbean Group 1948: 1523: 1454: 1082:. Rosenberg Publishing. p. 219. 1492:from the original on 6 November 2018 1326: 726: 677: 559:was created as a joint venture with 1594:Hutcheon, Helen (3 November 2013). 703:, and a wholly owned subsidiary of 504:. It is the world's second-largest 13: 1543: 14: 2184: 1823: 1779:(Press release). 19 December 2022 1524:Staff, C. I. N. (17 April 1989). 1403: 1352: 606:in March 2021 for $ 201 million. 1932: 1920: 1908: 1896: 1884: 1872: 864: 394: 393: 375: 374: 353: 352: 331: 330: 309: 308: 284: 283: 43: 34: 1805: 1791: 1769: 1747: 1725: 1703: 1681: 1659: 1637: 1615: 1587: 1517: 1504: 1474: 1448: 1423: 1397: 1372: 1346: 1320: 1294: 1273: 1211: 1181: 1162: 825:iCON Infrastructure partnership 620: 470:Footnotes / references 1132: 1096: 1071: 1049:to Be TUI Cruises' First Ship" 1043:Newman, Doug (30 April 2008). 1036: 1010: 996: 946: 762: 510:Carnival Corporation & plc 1: 2158:Offshore companies of Liberia 2003:Royal Caribbean International 1111:Island Cruises press material 1018:"Investor Relations Overview" 907: 832:Royal Caribbean International 758:Other significant investments 637:Royal Caribbean International 632:Royal Caribbean International 626:Royal Caribbean International 550:Royal Caribbean International 514:Royal Caribbean International 415:Royal Caribbean International 21:Royal Caribbean International 1301:Kalosh, Anne (9 July 2020). 1226:TUI Travel PLC press release 873:(50% share, owned 2000–2008) 841: 773:Cruise line based in Germany 483:Royal Caribbean Cruises Ltd. 65:Royal Caribbean Cruises Ltd. 7: 1550:Maritime Matters: Sun Vista 805:Grand Bahama Port Authority 713:Royal Caribbean Cruise Line 645:Royal Caribbean Cruise Line 542:Royal Caribbean Cruise Line 148:; 27 years ago 10: 2189: 2168:Companies based in Florida 1530:www.cruiseindustrynews.com 1104:"Island Cruises ownership" 821:, both occurring in 2019. 766: 730: 681: 629: 535: 18: 2069: 2040: 2023: 2016: 1982: 1552:, retrieved 29. 11. 2007 468: 454: 405: 387: 365: 343: 321: 299: 278: 268: 231: 221: 170: 160: 142: 116: 102: 79: 69: 61: 42: 33: 2163:Companies based in Miami 2081:CDF Croisières de France 2054:Hapag-Lloyd Kreuzfahrten 2024:With Springwater Capital 1178:, retrieved 14. 10. 2007 877:CDF Croisières de France 834:-operated Terminal A in 573:CDF Croisières de France 1556:16 October 2007 at the 1488:. Cruise Market Watch. 1078:Plowman, Peter (2006). 1053:At Sea with Doug Newman 643:), previously known as 582:, a joint venture with 1569:Ulrich, Kurt. (1997). 817:and damages caused by 782:Holistica Destinations 777:Holistica Destinations 16:Cruise holding company 2143:Royal Caribbean Group 2070:Former joint ventures 1486:cruisemarketwatch.com 797:Grand Bahama Shipyard 792:Grand Bahama Shipyard 705:Royal Caribbean Group 659:since 1997. Based in 657:Royal Caribbean Group 561:First Choice Holidays 479:Royal Caribbean Group 29:Royal Caribbean Group 1992:Azamara Club Cruises 1455:Kumaresan, Shivani. 1327:Jibilian, Isabella. 897:(2000-2020, defunct) 803:(40% stake) and the 801:Carnival Corporation 481:, formerly known as 2119:25.7753°N 80.1780°W 2115: /  1384:www.bizjournals.com 1307:seatrade-cruise.com 1261:on 8 September 2012 1235:on 27 February 2008 1120:on 27 February 2008 1024:on 18 December 2008 982:www.rclinvestor.com 883:SkySea Cruise Lines 530:Hapag-Lloyd Cruises 460:royalcaribbeangroup 436:Hapag-Lloyd cruises 389:Number of employees 357:US$ 35.131 billion 192:25.7753°N 80.1780°W 188: /  30: 2085:Pullmantur Cruises 1757:. 20 December 2022 1669:. 22 December 2022 1647:. 23 December 2021 1174:2008-03-19 at the 1150:on 10 October 2007 895:Pullmantur Cruises 711:, and merged with 379:US$ 4.724 billion 335:US$ 1.704 billion 313:US$ 2.878 billion 28: 2124:25.7753; -80.1780 2098: 2097: 2094: 2093: 2008:Silversea Cruises 1998:Celebrity Cruises 1404:Chang, Brittany. 1359:The Points Guy UK 954:"Proxy Statement" 891:(2000-2021, sold) 814:Oasis of the Seas 744:headquartered in 738:Silversea Cruises 733:Silversea Cruises 727:Silversea Cruises 695:headquartered in 689:Celebrity Cruises 684:Celebrity Cruises 678:Celebrity Cruises 615:Silversea Cruises 604:Sycamore Partners 569:Celebrity Cruises 546:Celebrity Cruises 522:Silversea Cruises 518:Celebrity Cruises 476: 475: 425:Silversea Cruises 420:Celebrity Cruises 401: 382: 360: 338: 316: 294: 197:25.7753; -80.1780 2180: 2130: 2129: 2127: 2126: 2125: 2120: 2116: 2113: 2112: 2111: 2108: 2021: 2020: 1969: 1962: 1955: 1946: 1945: 1937: 1936: 1935: 1925: 1924: 1923: 1913: 1912: 1911: 1901: 1900: 1889: 1888: 1887: 1877: 1876: 1868: 1835: 1834: 1832:Official website 1817: 1816: 1809: 1803: 1802: 1795: 1789: 1788: 1786: 1784: 1773: 1767: 1766: 1764: 1762: 1751: 1745: 1744: 1742: 1740: 1729: 1723: 1722: 1720: 1718: 1707: 1701: 1700: 1698: 1696: 1685: 1679: 1678: 1676: 1674: 1663: 1657: 1656: 1654: 1652: 1641: 1635: 1634: 1632: 1630: 1619: 1613: 1612: 1610: 1608: 1591: 1585: 1584: 1566: 1560: 1547: 1541: 1540: 1538: 1536: 1521: 1515: 1508: 1502: 1501: 1499: 1497: 1478: 1472: 1471: 1469: 1467: 1452: 1446: 1445: 1443: 1441: 1427: 1421: 1420: 1418: 1416: 1410:Business Insider 1401: 1395: 1394: 1392: 1390: 1376: 1370: 1369: 1367: 1365: 1350: 1344: 1343: 1341: 1339: 1333:Business Insider 1324: 1318: 1317: 1315: 1313: 1298: 1292: 1291: 1289: 1287: 1277: 1271: 1270: 1268: 1266: 1251: 1245: 1244: 1242: 1240: 1234: 1228:. 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Archived from 1047:Celebrity Galaxy 1040: 1034: 1033: 1031: 1029: 1014: 1008: 1007: 1000: 994: 993: 991: 989: 974: 965: 964: 962: 960: 950: 944: 943: 941: 939: 929: 885:(35%, 2016–2018) 819:Hurricane Dorian 508:operator, after 492:incorporated in 464: 461: 399: 397: 396: 383: 380: 378: 377: 370: 361: 358: 356: 355: 348: 339: 336: 334: 333: 317: 314: 312: 311: 302:Operating income 295: 292: 287: 286: 203: 202: 200: 199: 198: 193: 189: 186: 185: 184: 181: 156: 154: 149: 112: 47: 38: 31: 27: 2188: 2187: 2183: 2182: 2181: 2179: 2178: 2177: 2133: 2132: 2123: 2121: 2117: 2114: 2109: 2106: 2104: 2102: 2101: 2099: 2090: 2065: 2059:Marella Cruises 2036: 2012: 1984: 1978: 1973: 1943: 1933: 1931: 1921: 1919: 1909: 1907: 1895: 1885: 1883: 1871: 1863: 1859: 1830: 1829: 1826: 1821: 1820: 1811: 1810: 1806: 1797: 1796: 1792: 1782: 1780: 1775: 1774: 1770: 1760: 1758: 1753: 1752: 1748: 1738: 1736: 1731: 1730: 1726: 1716: 1714: 1709: 1708: 1704: 1694: 1692: 1687: 1686: 1682: 1672: 1670: 1665: 1664: 1660: 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329: 326: 307: 304: 291:13.900 billion 282: 264: 234: 224: 217: 213: 196: 194: 190: 187: 182: 179: 177: 175: 174: 165:Arne Wilhelmsen 152: 150: 147: 138: 108: 94: 84: 57: 24: 17: 12: 11: 5: 2186: 2176: 2175: 2170: 2165: 2160: 2155: 2150: 2145: 2096: 2095: 2092: 2091: 2089: 2088: 2077:Island Cruises 2073: 2071: 2067: 2066: 2064: 2063: 2062: 2061: 2056: 2044: 2042: 2038: 2037: 2035: 2034: 2027: 2025: 2018: 2017:Joint ventures 2014: 2013: 2011: 2010: 2005: 2000: 1995: 1988: 1986: 1980: 1979: 1972: 1971: 1964: 1957: 1949: 1942: 1941: 1929: 1917: 1905: 1893: 1881: 1861: 1860: 1858: 1857: 1852: 1847: 1841: 1837: 1836: 1825: 1824:External links 1822: 1819: 1818: 1804: 1790: 1768: 1746: 1735:. 22 June 2021 1724: 1713:. 15 July 2021 1702: 1689:"Destinations" 1680: 1658: 1636: 1614: 1601:The Australian 1596:"The fab four" 1586: 1579: 1561: 1542: 1516: 1503: 1473: 1447: 1422: 1396: 1371: 1345: 1319: 1293: 1272: 1246: 1210: 1199:on 6 July 2013 1180: 1161: 1131: 1095: 1088: 1070: 1035: 1009: 995: 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Index

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
Royal Caribbean International

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