Royal Caribbean Group has reported first quarter earnings per share of $3.48 and adjusted EPS of $3.60. The company has returned approximately $1.1 bn to shareholders through share repurchases and dividend payments. Bookings have recovered to a higher pace than the same time last year after moderation in March and early April.
Total revenue has reached $4.5 bn, an 11pc increase year on year, with load factor at 109pc. The company now expects adjusted EPS in the range of $17.10 to $17.50 for the full year. Capacity has increased by 8pc and the company has delivered vacations to 2.5m guests, a 12pc rise.
Jason Liberty shared “Our strong first quarter results and record WAVE season demonstrate the exceptional appeal and compelling value proposition of our trusted brands, industry-leading ships, and destinations.”
Naftali Holtz shared “Demand for our vacations remains healthy, with consumers continuing to prioritize experiences even as they navigate the impact of global events.”
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