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Royal Caribbean Group was formed as Royal Caribbean Cruises Ltd. in 1997 when Royal Caribbean Cruise Line purchased Celebrity Cruises.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 Royal Caribbean International and Royal Caribbean Cruises Ltd. was established as the new parent company of both Royal ...
Royal Caribbean International (RCI), formerly Royal Caribbean Cruise Line (RCCL), is a cruise line founded in 1968 in Norway and organized as a wholly owned subsidiary of Royal Caribbean Group since 1997. Based in Miami, Florida, it is the largest cruise line by revenue and second largest by passengers counts. In 2018, Royal Caribbean ...
Pullmantur Cruises was a cruise line headquartered in Madrid, Spain. [1] It began operations in the late 1990s as an offshoot of the Madrid-based travel agency Pullmantur. In 2006, Pullmantur Cruises, through its parent company, was purchased by U.S.-based Royal Caribbean Group, [2] but Royal Caribbean later sold a 51% stake in the cruise line to Spain-based investment firm Springwater Capital ...
A 12-year-old boy has died after falling from the balcony of a cruise ship. The pre-teen was aboard Royal Caribbean’s Harmony of the Seas — which was en route to Galveston, Texas at the end of ...
Royal Caribbean's trailing-12-month revenue now exceeds $16 billion -- 47% higher than it was in 2019. Its earnings per share have also never been higher, even though it had to bloat its share ...
Celebrity Cruises is a cruise line headquartered in Miami, Florida, [1] and a wholly owned subsidiary of Royal Caribbean Group. Celebrity Cruises was founded in 1988 by the Greece-based Chandris Group, and merged with Royal Caribbean Cruise Line in 1997. [2] [3] [4]
Image source: Getty Images. 2. It was a good summer on the high seas. Royal Caribbean rival Carnival (NYSE: CCL) operates on a different fiscal calendar. Its third quarter ended in August, and it ...
In July 2020, Royal Caribbean Group acquired the remaining shares of Silversea from Heritage Cruise Holding in exchange for 5.2 million shares of Royal Caribbean Group stock. [19] Silversea also took delivery of the new expedition ship the Silver Origin, built for their expedition fleet in the Galapagos Islands. This was the first new ship to ...