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Royal Caribbean Group is the owner and operator of three award winning cruise brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises and it is also a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. Royal Caribbean canceled its Bahamas cruise for its ship . Royal Caribbean had returned 54 of 62 ships to operations by the end of the first quarter of 2022. The top line rose year over year . Passenger Cruise DaysPassenger Cruise Days represent the number of passengers carried for the period multiplied by the number of days of their respective cruises. Revenue for the quarter also missed analyst estimates but was up more than 25-fold as it rebounded off of the previous year's pandemic-depressed lows. Restructuring charges and other initiatives expense included within marketing, selling and administrative expenses. If you sailed on Independence of the Seas: If your inquiry is about a product purchased onboard Independence of the Seas and you saile For inquiries about purchases made while you were in port, please contact Royal Media Partners onlineor by phone at (305) 673-9500 or 1-855-769-2567. As a result, all quarters are currently booked within historical ranges at record pricing. Please make sure that you have the Personal Property Report and that you filled out included in the e-mail as you will need it as part of your claim. Some of the property in the control of the Royal Family is owned by the Crown Estate, and others they privately own. skindoc336. When typing in this field, a list of search results will appear and be automatically updated as you type. For the 2022 and 2019 periods presented, Net Cruise Costs and Net Cruise Costs excluding Fuel exclude (i) restructuring charges and other initiative expenses; (ii) the transaction costs related to the Silversea Cruises acquisition; and (iii) the costs, net of insurance recoveries, related to the Grand Bahama drydock structure incident involving Oasis of the Seas. Examples of these risks, uncertainties and other factors include, but are not limited to the following: the impact of the global incidence and spread of COVID-19, which has led to the temporary suspension of our operations and has had and will continue to have a material adverse impact on our business, liquidity and results of operations, or other contagious illnesses on economic conditions and the travel industry in general and the financial position and operating results of our Company in particular, such as: the current and potential additional governmental and self-imposed travel restrictions, the current and potential extension of the suspension of cruises and new additional suspensions, guest cancellations; our ability to obtain sufficient financing, capital or revenues to satisfy liquidity needs, capital expenditures, debt repayments and other financing needs; the effectiveness of the actions we have taken to improve and address our liquidity needs; the impact of the economic and geopolitical environment on key aspects of our business including the conflict between Ukraine and Russia, such as the demand for cruises, passenger spending, and operating costs; incidents or adverse publicity concerning our ships, port facilities, land destinations and/or passengers or the cruise vacation industry in general; our ability to accurately estimate our monthly cash burn rate during the suspension of our operations; concerns over safety, health and security of guests and crew; any protocols we adopt across our fleet relating to COVID-19, such as those recommended by the Healthy Sail Panel, may be costly and less effective than we expect in reducing the risk of infection and spread of COVID-19 on our cruise ships; further impairments of our goodwill, long-lived assets, equity investments and notes receivable; an inability to source our crew or our provisions and supplies from certain places; the incurrence of COVID-19 and other contagious diseases on our ships and an increase in concern about the risk of illness on our ships or when traveling to or from our ships, all of which reduces demand; unavailability of ports of call; growing anti-tourism sentiments and environmental concerns; changes in US foreign travel policy; the uncertainties of conducting business internationally and expanding into new markets and new ventures; our ability to recruit, develop and retain high quality personnel; changes in operating and financing costs; our indebtedness, any additional indebtedness we may incur and restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business, including the significant portion of assets that are collateral under these agreements; the impact of foreign currency exchange rates, interest rate and fuel price fluctuations; the settlement of conversions of our convertible notes, if any, in shares of our common stock or a combination of cash and shares of our common stock, which may result in substantial dilution for our existing shareholders; our expectation that we will not declare or pay dividends on our common stock for the near future; vacation industry competition and changes in industry capacity and overcapacity; the risks and costs related to cyber security attacks, data breaches, protecting our systems and maintaining integrity and security of our business information, as well as personal data of our guests, employees and others; the impact of new or changing legislation and regulations or governmental orders on our business; pending or threatened litigation, investigations and enforcement actions; the effects of weather, natural disasters and seasonality on our business; emergency ship repairs, including the related lost revenue; the impact of issues at shipyards, including ship delivery delays, ship cancellations or ship construction cost increases; shipyard unavailability; the unavailability or cost of air service; and uncertainties of a foreign legal system as we are not incorporated in the United States. Royal Caribbean Cruises Ltd. "Royal Caribbean Group Reports First Quarter 2022 Results and Provides a Business Update. Second quarter results exceeded the company's expectations driven by better revenue and cost performance. To date, approximately 56% of FCCs have been redeemed. ROYAL CARIBBEAN CRUISES LTD. 1050 Caribbean Way Miami, Florida 33132 : . Customer service contacts and company information. DefinitionsSelected Operational and Financial Metrics. As of June 30, 2022, the Group's customer deposit balance was $4.2 billion, a record high for the company. The Zacks Consensus Estimate for the company's third-quarter bottom line is pegged at 23 cents per share. Where can I get financial information if I booked through a Travel Advisor? Real time Royal Caribbean Cruises (RCL) stock price quote, stock graph, news & analysis. The Group expects its entire fleet of 63 ships will be operational by the beginning of the 2022 summer season. If you w *Please see all applicable Terms & Conditions for Promotions. Royal Caribbeans third-quarter performance is likely to have benefited from strong demand for leisure travel and cruising, improved booking trends and solid onboard spending. These notes are due in 2027 with proceeds to be used to repay principal payments on debt maturing in 2022. It is calculated by dividingpassenger cruise daysby the available passenger capacity, as measured byavailable passenger cruise days(APCD). The Group expects to return the full fleet to operations before the summer season of 2022. "Our liquidity position remains strong as we execute on our return to service, and our operations generate positive cash flow again," said Naftali Holtz, chief financial officer, Royal Caribbean Group. These expenditures are mainly driven by new shipbuilding projects that have committed financing. The presentation of adjusted financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with US GAAP. In addition, these adjusted measures are not based on any comprehensive set of accounting rules or principles. The ship has been renamed Silver Endeavour and joined the Silversea fleet on July 21. FREE Digital Banking access. It should be emphasized that the use of Constant-Currency is primarily used by us for comparing short-term changes and/or projections. But that's not the case here.Earnings ESP: Royal Caribbean has an Earnings ESP of 0.00%. Bunker pricing, net of hedging, for the second quarter was $721 per metric ton and consumption was 382,000 metric tons. Zacks Rank: Zacks Rank. The Group is managing through inflationary and supply chain challenges, mainly related to fuel and food costs, as well as transitory costs related to health and safety protocols, which are expected to weigh on 2022 earnings. This call can be heard, either live or on a delayed basis, on the company's Investor Relations website at www.rclinvestor.com. 2023 Royal Caribbean Group. The Group is now offering cruises in almost all of its destinations. Words such as "anticipate," "believe," "could," "driving," "estimate," "expect," "goal," "intend," "may," "plan," "project," "seek," "should," "will," "would," "considering," and similar expressions are intended to help identify forward-looking statements. Shares of Crocs have declined 57.2% in the past year. This feature will help you take charge of your RCL career by outlining your potential options. Please allow at least 5 business days for the vendor to process your request. October 28, 2022 1:26 pm. The company reported Net Loss for the second quarter of 2022 of $(0.5) billion or $(2.05) per share compared to Net Loss of $(1.3) billion or $(5.29) per share in the prior year. Royal Caribbean Cruises Ltd. price-eps-surprise | Royal Caribbean Cruises Ltd. Quote. I have 3 cruises cancelled due to COVID. While the Group remains optimistic to capture long-term growth opportunities in that market, ships planned for China have been temporarily redeployed to other markets. MIAMI, Feb. 22, 2021-- Royal Caribbean Group (NYSE: RCL) today reported financial results for the fiscal year of 2020 and commented on the business considering the global COVID-19 pandemic. Thank you for your patience! The company's operating cash flow, while slightly negative in March, turned positive in April, an important step in returning to profitability. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. Bookings for Europe sailings improved throughout the first quarter but softened due to the war in Ukraine with a bigger impact on Baltic itineraries. Our proven model does not conclusively predict an earnings beat for Royal Caribbean this time around. Net interest expense for the third quarter of 2022, based on current interest rates, is expected to be in the range of $310 million - $320 million. Please make sure that you have the Personal Property Report and that you filled out included in the e-mail as you will need it as part of your claim. (1)For the quarter and six months ended June 30, 2019, the amount does not include incremental fuel expenses incurred of $0.7 million related to the collapse of the drydock structure at the Grand Bahama Shipyard involving Oasis of the Seas. Operating cash flow significantly improved throughout the first quarter and approached breakeven in March. Portfolio has property at its heart, and wed like you to be part of it. Depreciation and amortization expenses for the third quarter of 2022 are expected to be approximately $360 million. For the remainder of 2022 and all 2023, the annual average cost per metric ton of the fuel swap portfolio is approximately $483 and $585, respectively. (2)Primarily represents asset impairments in 2021 and a credit loss recovery for a note receivable in which credit losses were previously recorded in 2022. Image downloads are available for guests who purchased photo packages or photos that included digital files. The Group expects a return to net profit for the second half of 2022. (8)Excludes income tax (benefit) expense, included in the EBITDA calculation above. The Group continues to benefit from the delivery of new, more efficient ships and past sales of less efficient ships, as well as actions taken to improve operating costs and margins that continue to materialize as operations ramp up. Royal Caribbean'soccupancy rate came in below expectations. Based on the continued strength in consumer demand, the company expects load factors will average approximately 95% in the third quarter and increase to triple digits by year-end. (9)Primarily represents asset impairments in 2021 and a credit loss recovery for a note receivable in which credit losses were previously recorded in 2022. We believe that good governance and transparency are critical to our ESG strategy and performance. MIAMI, May 5, 2022 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) today reported first quarter 2022 operating loss of $(1.2) billion and loss per share of $(4.58). Forward-looking statements reflect management's current expectations, are based on judgments, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. The Group continues to make . ROYAL CARIBBEAN GROUP REPORTS ON 2021 RESULTS, PROVIDES BUSINESS UPDATE. Report. Where can I fill out a survey regarding my experience on my most recent sailing? Operating cash flow significantly improved throughout the first quarter and is turning positive in April. You can see the complete list of todays Zacks #1 Rank stocks here. We do not make predictions about future exchange rates and use current exchange rates for calculations of future periods. Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to us on the date hereof. Bandwidth is the data transfer capacity of a network in bits per second (Bps). The second half of the year is booked slightly below historical ranges but at higher prices than 2019, with and without future cruise credits (FCCs). A secure invitation link to view and do For Spa Product and Services inquiries, please contact OneSpaWorld. Adjusted measures have limitations in that they do not reflect all of the amounts associated with our results of operations as do the corresponding U.S. GAAP measures. These measures may be different from adjusted measures used by other companies. The Group continues to make strides in its healthy return to . Together, the brands have an additional 11 ships on order as of March 31, 2022. MIAMI - February 4, 2022 - Royal Caribbean Group (NYSE: RCL) today reported financial results for the 2021 fiscal year and provided business updates. "2021 marked the beginning of our return to our mission of delivering the very best vacation experiences," said . The Group expects to operate approximately 11.6 million APCDs for the third quarter and 11.5 million APCDs for the fourth quarter. Personal Finance Credit Cards. We act ethically and with integrity so we all can thrive. We have a long-lasting partnership with our travel advisors across the globe. While bookings for Europe are now exceeding 2019 levels for the same period, the situation in Ukraine is expected to weigh on load factors in Europe this summer. Purchase of property and equipment included in accounts payable and accrued expenses and other liabilities . Second quarter load factors were 82%. There are far fewer balcony cabins on older Royal Caribbean ships (and all older cruise ships in general). Booking volumes in the first quarter improved consistently week-over-week and reached typical Wave levels at the end of the quarter. The Group expects to operate approximately 10.3 million Available Passenger Cruise Days (APCD) for the second quarter with load factors of 75% to 80%. The 59-acre fort is where . Who can I speak with regarding my missing photos? Third quarter results were better than expected and above guidance for the quarter mainly due to higher load factors from strong close-in demand, further improvement in onboard revenue and better Who do I contact? Royal Caribbean Group is the owner and operator of three award winning cruise brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises and it is also a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The company expects to operate 11.6 million APCDs in the third quarter and generate approximately $2.9 billion - $3.0 billion in Total Revenue, based on current currency exchange rates. En cliquant sur Accepter tout, vous acceptez que Yahoo et nos partenaires traitent vos informations personnelles et utilisent des technologies telles que les cookies pour afficher des publicits et des contenus personnaliss, et des fins de mesure des publicits et des contenus, dtude des audiences et de dveloppement de produit. Royal Caribbean Group consumer reviews, complaints, customer service. If you cant locate that link or the link has expired, you can let us know how your experience was here. These measures may be different from adjusted measures used by other companies. MIAMI - November 3, 2022 - Royal Caribbean Group (NYSE: RCL) today reported third quarter 2022 Earnings per Share of $0.13 and Adjusted Earnings per Share of $0.26. In addition, many of these risks and uncertainties are currently heightened by and will continue to be heightened by, or in the future may be heightened by, the COVID-19 pandemic. If you purchased Royal Caribbean Travel Protection and wish to file a travel insurance claim, please contact our service partner AON. Throughout a sailing, pending authorizations (holds) are issued to cards on file as a way to secure funds for onboard processed transactions. We have not provided a quantitative reconciliation of the projected non-GAAP financial measures to the most comparable GAAP financial measures because preparation of meaningful U.S. GAAP projections would require unreasonable effort. A clear case of assault and battery per Canada and Seattle codes. The Net Loss and Adjusted Net Loss for the quarter are primarily the result of the continued impact of the COVID-19 pandemic on the business. Royal Caribbean Group RCL is scheduled to report its third-quarter 2022 results on Nov 3, before the opening bell. The Net Loss and Adjusted Net Loss for the quarter are primarily the result of the impact of the COVID-19 pandemic on the business. MIAMI, May 5, 2022 /PRNewswire/ -- Royal Caribbean Group (NYSE:RCL) today reported first quarter 2022 operating loss of $(1.2) billion and loss per share of $(4.58). Depreciation and amortization expenses for the second quarter of 2022 are expected to be in the range of $350-$355 million. The Group continues to make progress towards profitability with operating cash flow only slightly negative in March and turning positive in April. This compensation may impact how and where listings appear. Cash flow from ships in operation was positive in the first quarter. Due to significant uncertainty, we are unable to predict, without unreasonable effort, the future movement of foreign exchange rates, fuel prices and interest rates inclusive of our related hedging programs. Booking volumes received in the second quarter for the back half of 2022 sailings remained significantly higher than booking volumes received in the second quarter of 2019 for the back half of 2019. Only 12% of the cabins on Royal Caribbean's oldest vessel, the 1996-built Grandeur of the Seas, are balcony cabins. Calls went unanswered, emails not returned. In January, the company completed an issuance of $1 billion of 5.375% senior unsecured notes. Royal Caribbean Group RCL is scheduled to report its third-quarter 2022 results on Nov 3, before the opening bell. Read More. These statements include, but are not limited, to: statements regarding revenues, costs and financial results for 2022 and beyond. Credit Card FAQs We believe that as a valued RBC Royal Bank customer, you deserve to be well-informed about your credit card. 3 min read. For inquiries about purchases made while you were in port, please contact Royal Media Partners online or by phone at (305) 673-9500 or 1-855-769-2567. MOST RECENT 2021 Annual Report and Form 10K. For the 2022 and 2021 periods presented, these items included (i) impairment and credit losses (recoveries); (ii) restructuring charges and other initiative expenses; (iii) the amortization of the Silversea Cruises intangible assets resulting from the Silversea Cruises acquisition in 2018; (iv) the amortization of non-cash debt discount on our convertible notes; (v) the estimated cash refunds expected to be paid to Pullmantur guests as part of the Pullmantur S.A. reorganization in 2020; (vi) gain on the extinguishment of debt; (vii) equity investment asset impairments; (viii) net insurance recoveries related to the collapse of the drydock structure at the Grand Bahama Shipyard involving Oasis of the Seas; and (ix) the net gain recognized in 2021 in relation to the sale of the Azamara brand. Over the past year, Royal Caribbean's shares have provided atotal returnof -7.4%, below the S&P 500's total return of 3.3%. In addition, the elevated cancellations experienced earlier in the year returned to pre-Omicron levels as cases subsided in February. Royal Caribbean's next earnings report (for Q2 FY 2022) is expected to be released on Aug. 3, 2022. Across all markets, bookings in the first quarter of 2022 were higher than in the fourth quarter of 2021, and throughout the first quarter, bookings improved each week. I was assaulted in international waters on their cruise ship. It marked the ninth straight quarter of adjusted losses per share. RCL earnings call for the period ending September 30, 2021. (11)Represents net insurance recoveries related to the collapse of the drydock structure at the Grand Bahama Shipyard involving Oasis of the Seas. This compares to loss of $5.06 per share a year ago. Cedar Fair, L.P. FUN has an Earnings ESP of +2.38% and a Zacks Rank #3. Adjusted (Loss) Earnings per Share ("Adjusted EPS")Represents Adjusted Net (Loss) Income divided by weighted average shares outstanding or by diluted weighted average shares outstanding, as applicable. This press release includes certain adjusted financial measures defined as non-GAAP financial measures under Securities and Exchange Commission rules, which we believe provide useful information to investors as a supplement to our consolidated financial statements, which are prepared and presented in accordance with generally accepted accounting principles, or U.S. GAAP. How can I redeem my Future Cruise Credit? The improvement in costs from earlier in the year is expected to be driven by lower expenses related to returning ships and crew to operations, easing health protocols, and accelerating benefit from actions taken to improve margin. This report discusses the executive compensation determinations made by the . Transaction costs related to Silversea Cruises acquisition included within marketing, selling and administrative expenses, Costs, net of insurance recoveries, related to the Oasis of the Seas incident included within cruise operating expenses. Photo packages can be purchasedpre-cruise with a discount, or onboard. Oct 29, 2021, 10:00 a.m. For the third quarter, the company reported sales was . Travel Norwegian Cruise Line Beats Earnings Estimates and Signals Record 2023. Adjusted Net LossAdjusted Net Loss represents net loss excluding certain items that we believe adjusting for is meaningful when assessing our performance on a comparative basis. Another property on the Windsor estate, Fort Belvedere is the Queen's "forgotten castle" in Surrey, built between 1750 and 1755 and owned by the Crown Estate. Career Designer is coming soon! Slectionnez Grer les paramtres pour grer vos prfrences. In March and April, booking volumes have been significantly higher than the same period in 2019. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. "The performance of our core business continues to strengthen, fueled by strong demand and excellent operational execution," said Naftali Holtz, chief financial officer at Royal Caribbean Group. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises brands, which comprise a range of itineraries that call on approximately 1,000 destinations. Based on current currency exchange rates, fuel rates and interest rates, the Group expects Adjusted Earnings Per Share for the third quarter of $0.05 - $0.25. /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) today reported third quarter 2022 Earnings per Share of $0.13 and Adjusted Earnings per Share of $0.26. The Company reported Net Loss for the first quarter of 2022 of $(1.2) billion or $(4.58) per share compared to Net Loss of $(1.1) billion or $(4.66) per share in the prior year. MIAMI - July 28, 2022 - Royal Caribbean Group (NYSE: RCL) today reported second quarter 2022 net loss of $(0.5) billion and loss per share of $(2.05). RCL Occupancy Rate. The storm already lashed St. Barts, St. Martin and Barbuda with 180 mph winds, killing at least 9 people and causing extensive destruction. During the first quarter, four additional ships resumed operations. Load factors increased to almost 90% in June, with Caribbean itineraries averaging over 100%. For additional information see "Adjusted Measures of Financial Performance" below. The consensus mark for revenues stands at $3 billion, suggesting a whopping 557.6% surge from the year-ago reported figure. "Our near-term focus is to return to full operations and profitability as we execute on our recovery and build for long term success.". UPDATE 1-Chesapeake Energy to offload part of south Texas operations for $1.4 bln, CANADA FX DEBT-C$ posts biggest decline in one month as 'hard-landing' risk weighs, Marketmind: Finally, bad news is bad news, Netflix earnings due out Thursday, 'Avatar' sequel becomes sixth-biggest film of all time, MORNING BID-Finally, bad news is bad news. For the third quarter of 2022 and based on current currency exchange rates, fuel rates and interest rates, the company expects to generate approximately. Royal Caribbean Cruises Ltd. RCL reported mixed first-quarter 2022 results, with earnings beating the Zacks Consensus Estimate and revenues missing the same. It is not possible to predict or identify all such risks. The unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and willing to work. Rates by State, Fiscal Quarters (Q1, Q2, Q3, Q4) Explained, Royal Caribbean Group Reports First Quarter 2022 Results and Provides a Business Update, Form 10-K for the Fiscal Year Ended December 31, 2021. RECORD-BREAKING BOOKINGS FOR A RECORD-BREAKING SHIP: ROYAL CARIBBEAN'S ICON OF THE SEAS SETS . However, some refunds may take up to 30 days to post. Third. All shipboard photo products and services can be purchased onboard at the Focus Photo Gallery. Royal Caribbean Cruises Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For 2023, all quarters are currently booked within historical ranges at record pricing. A delayed basis, on the company completed an issuance of $ 5.06 per share range... 'S Investor Relations website at www.rclinvestor.com Investor Relations website at www.rclinvestor.com senior unsecured notes ( RCL ) stock quote... Caribbean Group RCL is scheduled to report its third-quarter 2022 results on Nov 3 2022... 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Credit Card FAQs we believe that as a valued RBC royal Bank customer, you deserve to be used repay.

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