Royal Caribbean downplays Caribbean market pressure
An influx of cruise ships into the Caribbean could mean that lines will have to reduce prices, but Royal Caribbean Group isn’t concerned about market pressure.
During Royal’s Q2 earnings call July 28, CEO Jason Liberty painted a picture of strong demand for its “differentiated” products (ships and private destinations) when asked whether the company was impacted by competitors discounting cruises in the Caribbean.
He also said Royal was successful in securing repeat business. “We’re in a very good position for the Caribbean for the balance of the year,” he said.
Full story Royal Caribbean downplays Caribbean market pressure
