ICON OF THE SEAS was delivered at the end of November last year © Meyer Turku

Royal Caribbean Group reports 2023 results

FinanceTotal revenues for Royal Caribbean Group in 2023 were USD 13.9 billion (USD 8.8 billion) and adjusted EBITDA was USD 4.5 billion (USD 711.6 million). As of 31 December 2023, the Group's customer deposit balance was at USD 5.3 billion and the Group's liquidity position was USD 3.1 billion, which includes cash and cash equivalents and undrawn revolving credit facility capacity.

"2023 was an exceptional year, propelled by unmatched demand for our brands from new and loyal guests," said Jason Liberty, president and CEO, Royal Caribbean Group. "With the wind in our sails and record-breaking bookings, 2024 is poised to be another robust year, and we expect to achieve two of our Trifecta goals one year early," added Liberty. "With our industry-leading global brands combined with the most innovative fleet and destinations, we remain intensely focused on delivering a lifetime of vacations and priceless memories for our guests while delivering exceptional long-term shareholder value."

Full report https://www.prnewswire.com/news-releases/royal-caribbean-group-reports-2023-results-and-expects-record-earnings-in-2024-on-strong-demand-302050523.html

Feb 01 2024