Royal Caribbean Sets 2025 Target
Royal Caribbean Cruises Chairman and CEO Richard Fain outlined the new company’s new 20 by 25 program on today’s 2019 year-end and Q4 earnings call, targeting $20 earnings per share by 2025. 2019 was the company’s 11th consecutive year of yield growth, which was attributed partially to new hardware, onboard revenue and cost control. (cruiseindustrynews.com)