Cruise Industry Defies Consumer Slowdown, Royal Caribbean Shines

Reported about 2 months ago

Despite warnings of a consumer slowdown, the cruise sector shows resilience, with Carnival and Royal Caribbean providing optimistic forecasts due to heightened demand. Analyst Paul Golding praises Royal Caribbean as a leading choice for investors, highlighting its effective debt management and plans for substantial capacity growth. He anticipates an 8% increase in capacity this year alone, indicating strong prospects in the cruising market.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis