Topic: How To Invest

Q: Pat and TSI team, may I have your opinion/advice regarding Royal Caribbean Cruises (RCL)? Thank you.

Article Excerpt

A: Royal Caribbean Cruises Ltd., $229.99, symbol RCL on New York (Shares outstanding: 268.9 million; Market cap: $61.8 billion; www.royalcaribbeangroup.com), is one of the leading cruise companies in the world. Founded in 1968, the company owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises and Silversea Cruises. It also owns 50% joint venture interest in TUI Cruises GmbH (TUIC). TUIC operates the German brands TUI Cruises and Hapag-Lloyd Cruises. Royal’s brands have a combined fleet of 68 ships. As of December 31, 2023, that amounted to a total capacity of about 157,575 berths. The company’s ships offer worldwide itineraries that call on more than 1,000 destinations across all seven continents. Royal Caribbean International is the world’s largest cruise brand. It operates 28 ships in the family and premium segments of the cruise industry market. Celebrity Cruises operates 16 ships in the premium segment. Its strategy is to target consumers by delivering destination-rich experiences on upscale ships. Silversea Cruises operates 12 ships. It’s an…