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Royal Caribbean’s Profit Plunges

At the start of the Wave Season, we saw major cruise lines dishing out some great deals in an effort to boost sales and profit for 2009. Royal Caribbean has been in the forefront of this battle, but so far none of their strategies seem to work as the company continues to monitor the season’s ticket sales. The discounts aren’t enough to lure in passengers, who have no money to spend on vacations.
Richard Farin, Royal Caribbean’s CEO, said that they “expect even more challenges in 2009” based on the sales during the last quarter of 2008. The downturn started way [...]

Oasis Of the Seas Floats For the First Time

Oasis Of the Seas Floats For the First Time

The much awaited Oasis of the Seas made its debut floating out ceremony recently. After more than a year of anticipation, Royal Caribbean is already seeing their dream come true, as the final year for the ship’s outfitting starts in only a matter of weeks. The design of the ship’s interior promises spectacular Caribbean family vacations for all.
Oasis of the Seas will be sporting a Central Park, an outdoor garden with live plants, a boardwalk and an antique carousel. Easily the most anticipated feature of the new ship is the Aqua theater. Children will surely enjoy the aqua-acrobatics and dives. The pool [...]