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Peers: CCL VIK NCLH LIND BKNG EXPE HLT MAR OSW TNL

| Held by: VTI VOO VO IVV SPY CGDV VOT XLY VUG IWR

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Index	S&P 500, RUI
Market Cap	86.38B
Enterprise Value	108.90B
Income	4.55B
Sales	19.13B
Book/sh	43.79
Cash/sh	3.18
Dividend Est.	5.52 (1.71%)
Dividend TTM	5.50 (1.70%)
Dividend Ex-Date	Sep 17, 2026
Dividend Gr. 3/5Y	- 35.02%
Payout	22.39%
Employees	108000
IPO	Apr 28, 1993

P/E	19.12
Forward P/E	15.84
PEG	1.13
P/S	4.51
P/B	7.37
P/C	101.50
P/FCF	57.21
EV/EBITDA	15.51
EV/Sales	5.69
Quick Ratio	0.19
Current Ratio	0.22
Debt/Eq	1.98
LT Debt/Eq	1.78
Option/Short	Yes / Yes

EPS (ttm)	16.89
EPS next Y	20.39
EPS next Q	3.59
EPS this Y	14.46%
EPS next Y	13.91%
EPS next 5Y	14.04%
EPS past 3/5Y	- -
Sales past 3/5Y	26.59% 52.02%
EPS Y/Y TTM	12.93%
Sales Y/Y TTM	9.73%
EPS Q/Q	12.17%
Sales Q/Q	8.80%
Earnings	Oct 27 BMO
EPS/Sales Surpr.	2.92% -0.29%

Insider Own	6.53%
Insider Trans	-4.07%
Inst Own	80.84%
Inst Trans	0.29%
ROA	10.72%
ROE	41.75%
ROIC	13.97%
Gross Margin	38.67%
Oper. Margin	27.01%
Profit Margin	23.78%
SMA20	4.39%
SMA50	14.78%
SMA200	12.01%
Trades

Shs Outstand	267.47M
Shs Float	250.01M
Short Float	4.60%
Short Ratio	4.84
Short Interest	11.51M
52W High	356.39 -9.38%
52W Low	222.22 45.33%
Volatility	2.70% 3.38%
ATR (14)	11.14
RSI (14)	59.15
Beta	1.86
Rel Volume	0.00
Avg Volume	2.38M
Volume	326

Perf Week	-1.29%
Perf Month	15.34%
Perf Quarter	7.01%
Perf Half Y	24.07%
Perf YTD	15.79%
Perf Year	26.27%
Perf 3Y	230.18%
Perf 5Y	281.87%
Perf 10Y	295.05%
Recom	1.53
Target Price	360.69
Prev Close	321.99
Price	322.95
Change %	0.30%

Consensus

Buy

Avg. Price Target

$360.69

Implied Upside

+11.7%

Analysts15incl. previous ratings

Rating Distribution13 Buy · 2 Hold · 0 Sell

Date	Action	Analyst	Rating Change	Price Target Change	Implied Upside
Oct 08, 2026	Upgrade	JJefferies	Hold → Buy	$330	+2.2%
Sep 28, 2026	Upgrade	DDeutsche Bank	Hold → Buy	$330	+2.2%
Sep 28, 2026	Upgrade	BBofA Securities	Neutral → Buy	$330	+2.2%
Jul 08, 2026	Initiated	BBMO Capital Markets	Outperform	$370	+14.6%
Jun 01, 2026	Initiated	LLoop Capital	Hold	$304	-5.9%
Jul 22, 2025	Initiated	TTD Cowen	Buy	$405	+25.4%
Jul 21, 2025	Downgrade	TTruist	Buy → Hold	$337	+4.4%
Apr 25, 2025	Initiated	NNorthcoast	Buy	$279	-13.6%
Mar 31, 2025	Initiated	JJefferies	Hold	$230	-28.8%
Mar 27, 2025	Initiated	EExane BNP Paribas	Outperform	$262	-18.9%
Mar 05, 2025	Upgrade	LLoop Capital	Hold → Buy	$250	-22.6%
Feb 05, 2025	Initiated	LLoop Capital	Hold	$250	-22.6%
Nov 26, 2024	Initiated	BBernstein	Outperform	$290	-10.2%
Oct 09, 2024	Reiterated	CCitigroup	Buy	$204 → $253	-21.7%
Apr 17, 2024	Initiated	MMizuho	Buy	$164	-49.2%
Mar 13, 2024	Initiated	GGoldman	Buy	$162	-49.8%
Nov 21, 2023	Resumed	CCitigroup	Buy	$127	-60.7%
Oct 23, 2023	Initiated	HHSBC Securities	Buy	$115	-64.4%
Sep 19, 2023	Upgrade	TTruist	Hold → Buy	$115 → $137	-57.6%
May 16, 2023	Upgrade	AArgus	Hold → Buy	$88	-72.8%

Nov-12-26 04:30PM	Royal Caribbean Group stock underperforms Thursday when compared to competitors (MarketWatch)
09:30AM	ROYAL CARIBBEAN CELEBRATES LEGEND OF THE SEAS IN VETERANS DAY NAMING CEREMONY (PR Newswire)
Nov-09-26 12:04PM	Cruise Stocks Climb Amid Falling Crude Prices (Schaeffer's Research)
11:46AM	Wall Street's Four Main Benchmarks Start the Week Higher as Inflation Data Nears (PR Newswire)
Nov-06-26 11:32AM	SILVERSEA MARKS HISTORIC OPENING OF THE CORMORANT AT 55 SOUTH, THE SOUTHERNMOST HOTEL ON EARTH, OFFERING A NEW GATEWAY TO ANTARCTICA (PR Newswire)
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Nov-05-26 09:32AM	ROYAL CARIBBEAN ANNOUNCES SUMMER 2028 CARIBBEAN LINEUP ACROSS FOUR ICON CLASS SHIPS AND NEWLY AMPLIFIED VACATIONS (PR Newswire)
Nov-04-26 11:30AM	Travel stocks are surging as the blue wave pushes down oil prices (MarketWatch) +6.38%
Nov-03-26 09:15AM	CELEBRITY CRUISES OPENS BOOKINGS FOR CELEBRITY XCITE'S DEBUT SEASON (PR Newswire)
Oct-30-26 02:52PM	Cruise Stocks Had a Great Week. They Can Keep Steaming Ahead. (Barrons.com)
Oct-29-26 02:48PM	Cruise stocks rally, as Norwegian's results snap long streak of revenue misses (MarketWatch)
Oct-27-26 02:59PM	Royal Caribbean Shares Up After Strong Profit Report (The Wall Street Journal) +5.46%
02:11PM	Whirlpool Is Struggling, JetBlue Is Soaring. What That Says About the Economy. (Barrons.com)
12:47PM	Royal Caribbean Tops Buy Point On Bullish Outlook. There's One Chart Element To Watch. (Investor's Business Daily)
11:57AM	Royal Caribbean Beats And Raises Again, But Cost Timing, Fuel And A Softer Q4 Setup Temper The Upside (Earnings Whispers)
10:29AM	Royal Caribbean Shares Rise 6.3% as Q3 Earnings Beat Estimates and 2026 Profit Guidance Increases (InvestorsHub)
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09:57AM	Royal Caribbean Stock Jumps After Better-Than-Expected Earnings, Raised Outlook (Investopedia)
08:49AM	Royal Caribbean Lifts Full-Year Forecast After Posting Higher Quarterly Profit (The Wall Street Journal)
08:04AM	5 Things to Know Before the Stock Market Opens on Tuesday (Investopedia)
07:18AM	Royal Caribbean Earnings Are Good News for Cruise Fuel Fears (Barrons.com)
07:10AM	Royal Caribbean beats Q3 profit view, raises full-year outlook (Investing.com)
06:36AM	Royal Caribbean: Q3 Earnings Snapshot (Associated Press)
06:30AM	ROYAL CARIBBEAN GROUP REPORTS THIRD QUARTER RESULTS ABOVE EXPECTATIONS AND RAISES FULL YEAR GUIDANCE (PR Newswire)
Oct-23-26 03:13PM	Even the wealthy increasingly want all-inclusive resorts (MarketWatch)
01:34PM	Norwegian Sells Most of Its Europe Cruises to Americans. Why That's a Problem. (Barrons.com)
Oct-16-26 12:48PM	What Needs To Be True To Buy Carnival Stock Now? (Trefis)
Oct-15-26 03:48PM	Melius sees cruise lines poised for calmer waters in 3Q26 earnings (Investing.com)
Oct-14-26 08:31PM	What Changed In Carnival's Story? (Trefis)
03:17PM	Can Royal Caribbean Afford Its Spending Bill? (Trefis)
10:00AM	ROYAL CARIBBEAN UNVEILS MORE WAYS TO EXPLORE EUROPE IN 2028-29 WITH NEW YEAR-ROUND SEASON (PR Newswire)
Oct-13-26 01:12PM	Is Carnival Stock A Real Bargain? (Trefis)
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Oct-09-26 06:51PM	How Much Is Costlier Fuel Hitting Carnivals Bottom Line? (Trefis)
Oct-08-26 04:30PM	ROYAL CARIBBEAN GROUP TO HOLD CONFERENCE CALL ON THIRD QUARTER 2026 EARNINGS (PR Newswire)
02:48PM	Royal Caribbean's Sandals Deal Shocked Wall Street. Analysts Now See Big Gains. (Barrons.com)
10:23AM	What Should Carnival Stock Investors Be Watching Now? (Trefis)
09:43AM	Palantir upgraded, Xerox downgraded: Wall Street's top analyst calls (The Fly)
07:35AM	Jefferies upgrades Royal Caribbean on stronger yield growth outlook (Investing.com)
Oct-07-26 01:45PM	Morgan Stanley looking to sell $3bn loan for Royal Caribbean deal - report (Investing.com)
Oct-06-26 04:30PM	Royal Caribbean Group stock outperforms competitors on strong trading day (MarketWatch)
02:37PM	SILVERSEA UNVEILS 103 NEW SAILINGS FOR 2028-2029, INCLUDING NEW S.A.L.T. CULINARY VOYAGES AND A SOUTH AMERICA CIRCUMNAVIGATION (PR Newswire)
Oct-05-26 11:14AM	NAHA PORT AUTHORITY, CRUISE PORT NAHA G.K., MSC CRUISES AND ROYAL CARIBBEAN GROUP BEGIN CONSTRUCTION OF NEW CRUISE TERMINAL AT NAHA PORT, OKINAWA (PR Newswire)
Oct-02-26 10:07AM	"THE SPONGEBOB MUSICAL" HEADS TO SEA FOR THE FIRST TIME ON ROYAL CARIBBEAN'S HERO OF THE SEAS (PR Newswire)
09:55AM	RCL Stock Gains 17% In A Week: Citi Drops Upside Catalyst Watch As Investors Warm To Sandals Deal (Stocktwits)
Sep-30-26 11:09AM	ROYAL CARIBBEAN REVEALS 2028 SUMMER LINEUP OF ALASKA VACATIONS (PR Newswire)
08:19AM	Carnival Stock Surges as 2027 Bookings Hit Records (GuruFocus.com)
Sep-29-26 12:10PM	Cruise Stocks Jump After Carnival Posts Strong Results and Rosy Outlook (Investopedia) +7.45%
09:45AM	Carnival Stock Surges After Earnings Show Record Revenue (Barrons.com)
Sep-28-26 03:12PM	Royal Caribbean upgraded to Buy at Bank of America as selloff creates entry point (Proactive)
02:13PM	Buy Carnival (CCL) Stock Near 52-Week Lows as Q3 Earnings Approach? (Zacks)
01:05PM	RCL Stock In Focus Wall Street Turns Bullish On Cruise Line Operator As Travel Demand Stays Strong (Stocktwits)
11:55AM	Why Analysts Are Upgrading Royal Caribbean Right Before Carnival Earnings (Barrons.com)
10:01AM	Deutsche Bank lifts Royal Caribbean to Buy, sees attractive entry point (Investing.com)
09:39AM	Roblox downgraded, Royal Caribbean upgraded: Wall Street's top analyst calls (The Fly)
Sep-24-26 04:22PM	Royal Caribbean Gets Bullish Citi Call on Sandals Bet (GuruFocus.com)
03:30PM	RCL Stock Sees Best Day In Two Months JPMorgan, Citi Bullish On Royal Caribbean's Sandals Partnership (Stocktwits)
09:19AM	Wall St set for lower open as oil gains on Mideast uncertainty, eyes on Trump-Xi talks (Reuters)
Sep-23-26 08:17PM	Royal Caribbean plans to buy stake in Sandals Resorts for $3 billion (Orlando Sentinel)
05:30PM	Is Carnival Stock Cheap, Or Is The Cash Already Spoken For? (Trefis)
04:49PM	Should You Buy Royal Caribbean At A One-Year Low? (Trefis)
04:24PM	What's behind Royal Caribbean's 'highly surprising' push into Sandals vacation resorts (MarketWatch)
01:57PM	Should You Buy Carnival Stock While Europe Sails Emptier? (Trefis)
11:14AM	Royal Caribbean Stock Fell 6% on the Sandals Report. Now Its a Signed $3 Billion Deal. Was the Selloff Justified? (TIKR)
10:56AM	Royal Caribbean charts new course with Sandals partnership (Proactive)
09:19AM	Royal Caribbean Is Buying Half of Sandals. 'What the Heck Are They Thinking?' (Barrons.com)
08:26AM	Royal Caribbean buys 50% stake in Sandals Resorts for $3 billion (Quartz)
06:11AM	Royal Caribbean to Acquire 50% Stake in Sandals and Beaches Resorts for About $3 Billion (InvestorsHub)
12:47AM	ROYAL CARIBBEAN GROUP AND SANDALS RESORTS ANNOUNCE LANDMARK PARTNERSHIP TO ACCELERATE THEIR LEADING VACATION EXPERIENCES (PR Newswire)
Sep-22-26 07:23PM	RCL Stock Drops To Worst Day In Six Months Royal Caribbean Reportedly Nears $6B Deal For Sandals Resorts (Stocktwits) -6.14%
04:06PM	Royal Caribbean Stock Loses Steam on Report of Sandals Deal (Barrons.com)
09:44AM	Air, Cruise Lines Stage Uneven Rally As Oil Ebbs; Are They Ready To Rebound? (Investor's Business Daily)
Sep-17-26 07:01AM	Royal Caribbean Group's Dividend Analysis (GuruFocus.com)
Sep-16-26 02:18PM	Airlines and Cruise Stocks Face New Oil Shock (GuruFocus.com)
09:41AM	SILVERSEA REFINES ITS SUITE COLLECTION, INTRODUCING FOUR CATEGORIES OF COMFORT (PR Newswire)
Sep-15-26 10:00AM	ROYAL CARIBBEAN NAMES RETIRED U.S. AIR FORCE GEN. LORI J. ROBINSON GODMOTHER OF LEGEND OF THE SEAS (PR Newswire)
Sep-11-26 01:00AM	Growth Without AI: 8 Stock Picks (Barrons.com)
Sep-10-26 03:16PM	Royal Caribbean Stock Slides 11% Over 11 Straight Down Days (Trefis)
Sep-01-26 04:30PM	Royal Caribbean Group Declares Dividend (PR Newswire)
Aug-31-26 04:30PM	Royal Caribbean Group stock underperforms Monday when compared to competitors (MarketWatch)
Aug-26-26 01:53PM	Royal Caribbean Pulls Ahead as Rivals Struggle (GuruFocus.com)
Aug-21-26 05:25PM	History Has An Opinion On This CCL Price Level (Trefis)
Aug-20-26 04:30PM	Royal Caribbean Group announces completion of offering of $1.25 billion senior unsecured notes due 2034 (PR Newswire)
Aug-18-26 02:00PM	Royal Caribbean Group CEO Jason Liberty on America's superpower (CNBC TV)
Aug-12-26 01:15PM	The Best Value Stocks to Buy (Kiplinger)
Aug-10-26 09:30AM	CELEBRITY CRUISES UNVEILS UNMATCHED EUROPEAN VACATIONS AND ITINERARIES ON ALL SEVEN CONTINENTS IN 2028 AND 2029 (PR Newswire)
Aug-06-26 05:28PM	Royal Caribbean Group announces pricing of $1.25 billion senior unsecured notes due 2034 (PR Newswire)
09:06AM	Royal Caribbean Group announces proposed offering of senior unsecured notes (PR Newswire)
Jul-29-26 02:52AM	RCL Stock Heads For Second Weekly Gains: Royal Caribbean Expects Growth To Continue Even As Europe Cruises Face Headwinds (Stocktwits)
Jul-28-26 05:02PM	Royal Caribbean Group (RCL) Q2 2026 Earnings Call Highlights: Surpassing Expectations with ... (GuruFocus.com) +5.72%
01:34PM	Royal Caribbean Stock Slips as Geopolitical Risks Cut Outlook (GuruFocus.com)
11:25AM	Royal Caribbean lifts full-year EPS forecast on strong demand (Proactive)
09:50AM	Royal Caribbean beat earnings expectations but is trimming its revenue forecast (Quartz)
09:48AM	Royal Caribbean Q2 2026 earnings beat, revenue outlook trimmed (Quartz)
09:34AM	Royal Caribbean Shares Fall Despite Earnings Beat as Revenue Slightly Misses Forecasts (InvestorsHub)
07:45AM	Nasdaq 100 enters correction as sell-off deepens, while Coke and Sherwin-Williams lead Dow (Proactive)
07:23AM	Royal Caribbean Cuts Revenue Outlook as Bookings Remain Pressured (The Wall Street Journal)
07:16AM	Royal Caribbean falls despite earnings beat, as revenue misses expectations (Investing.com)
06:40AM	Royal Caribbean: Q2 Earnings Snapshot (Associated Press)
06:30AM	ROYAL CARIBBEAN GROUP REPORTS SECOND QUARTER RESULTS ABOVE EXPECTATIONS AND RAISES FULL YEAR GUIDANCE (PR Newswire)
Jul-27-26 04:15PM	Royal Caribbean Earnings Will Chart the Course for Cruise Stocks (Barrons.com)
12:50PM	Nasdaq, S&P 500 edge lower as tech stocks drop; focus on Mideast conflict (Reuters)
10:41AM	Royal Caribbean Surges Briefly Ahead Of Results As Oil Prices Slide (Investor's Business Daily)

Show Previous News

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Wilhelmsen Arne Alexander	Director	Nov 09 '26	Sale	338.46	175,672	59,458,320	15,877,766	Nov 10 05:25 PM
Wilhelmsen Arne Alexander	Director	Nov 10 '26	Sale	338.98	168,530	57,128,622	15,709,236	Nov 10 05:25 PM
Wilhelmsen Arne Alexander	Director	Nov 06 '26	Sale	326.39	132,472	43,237,064	16,053,438	Nov 10 05:25 PM
AWILHELMSEN AS	Director	Nov 09 '26	Proposed Sale	341.00	500,000	170,500,000		Nov 09 04:04 PM
Wilhelmsen Arne Alexander	Director	Nov 04 '26	Sale	329.29	220,000	72,443,623	16,215,910	Nov 06 04:36 PM
Wilhelmsen Arne Alexander	Director	Nov 05 '26	Sale	323.23	30,000	9,696,790	16,185,910	Nov 06 04:36 PM
AWILHELMSEN AS	Director	Nov 04 '26	Proposed Sale	333.00	500,000	166,500,000		Nov 04 04:07 PM
Lake Robert Alexander	SVP, CLO & Secretary	Nov 02 '26	Sale	315.00	1,000	315,000	36,449	Nov 03 04:30 PM
ROBERT LAKE	OFFICER	Nov 02 '26	Proposed Sale	314.92	1,000	314,919		Nov 02 04:54 PM
Montiel Maritza Gomez	Director	Oct 30 '26	Sale	307.21	400	122,884	13,202	Oct 30 04:34 PM
Lake Robert Alexander	SVP, CLO & Secretary	Oct 28 '26	Sale	298.43	1,000	298,430	37,449	Oct 30 04:30 PM
MARITZA MONTIEL	Director	Oct 30 '26	Proposed Sale	307.21	400	122,884		Oct 30 04:00 PM
ROBERT LAKE	OFFICER	Oct 28 '26	Proposed Sale	298.35	1,000	298,345		Oct 28 04:57 PM
Bayley Michael W	Officer	Jul 29 '26	Proposed Sale	315.99	12,811	4,048,147		Aug 03 10:53 AM
Bayley Michael W	Pres&CEO, Royal Caribbean Intl	Jul 29 '26	Sale	315.99	12,811	4,048,148	45,297	Jul 31 04:36 PM
Wilhelmsen Arne Alexander	Director	Feb 26 '26	Sale	318.39	356,026	113,356,512	16,681,386	Feb 27 05:01 PM
Wilhelmsen Arne Alexander	Director	Feb 27 '26	Sale	311.54	245,476	76,475,025	16,435,910	Feb 27 05:01 PM
Wilhelmsen Arne Alexander	Director	Feb 25 '26	Sale	315.92	170,105	53,739,043	17,037,412	Feb 27 05:01 PM
Wilhelmsen Arne Alexander	Director	Feb 24 '26	Sale	315.73	345,111	108,960,493	17,207,517	Feb 24 05:33 PM
Wilhelmsen Arne Alexander	Director	Feb 20 '26	Sale	314.81	109,297	34,407,512	17,571,768	Feb 24 05:33 PM
Wilhelmsen Arne Alexander	Director	Feb 23 '26	Sale	317.30	19,140	6,073,184	17,552,628	Feb 24 05:33 PM
Wilhelmsen Arne Alexander	Director	Feb 18 '26	Sale	321.64	104,540	33,623,797	17,782,967	Feb 20 04:41 PM
Wilhelmsen Arne Alexander	Director	Feb 19 '26	Sale	312.09	101,902	31,802,515	17,681,065	Feb 20 04:41 PM
Wilhelmsen Arne Alexander	Director	Feb 17 '26	Sale	325.09	180,000	58,515,457	17,887,507	Feb 18 06:55 PM
Wilhelmsen Arne Alexander	Director	Feb 13 '26	Sale	326.58	100,000	32,657,539	18,067,507	Feb 18 06:55 PM
Montiel Maritza Gomez	Director	Feb 17 '26	Sale	327.18	1,385	453,137	12,849	Feb 18 06:50 PM
BETHGE LAURA H	President, Celebrity Cruises	Feb 17 '26	Sale	326.21	7,854	2,562,053	32,786	Feb 18 06:49 PM
MARITZA MONTIEL	Director	Feb 17 '26	Proposed Sale	327.18	1,385	453,137		Feb 17 04:27 PM
LAURA BETHGE	Officer	Feb 17 '26	Proposed Sale	326.21	7,854	2,562,082		Feb 17 04:26 PM
Pujol Henry L	Chief Accounting Officer	Feb 13 '26	Sale	327.99	4,442	1,456,932	10,067	Feb 13 07:57 PM
Liberty Jason T	President & CEO	Feb 13 '26	Sale	326.81	90,910	29,709,953	218,822	Feb 13 07:55 PM
Holtz Naftali	Chief Financial Officer	Feb 13 '26	Sale	327.39	51,131	16,739,937	28,116	Feb 13 07:53 PM
Bayley Michael W	Pres&CEO, Royal Caribbean Intl	Feb 13 '26	Sale	326.82	80,000	26,145,464	58,108	Feb 13 07:51 PM
Naftali Holtz	Affiliate	Feb 13 '26	Proposed Sale	332.80	5,350	1,780,480		Feb 13 05:12 PM
JASON LIBERTY	Officer	Feb 13 '26	Proposed Sale	326.81	90,910	29,710,061		Feb 13 04:50 PM
HENRY L PUJOL	Officer	Feb 13 '26	Proposed Sale	327.99	4,442	1,456,932		Feb 13 04:28 PM
MICHAEL W BAYLEY	Officer	Feb 13 '26	Proposed Sale	326.82	80,000	26,145,416		Feb 13 04:12 PM
NAFTALI HOLTZ	Officer	Feb 13 '26	Proposed Sale	327.48	45,781	14,992,412		Feb 13 04:05 PM
AWILHELMSEN AS	Director	Feb 13 '26	Proposed Sale	319.61	2,000,000	639,220,000		Feb 13 04:04 PM

Royal Caribbean Group is a cruise company, which engages in the ownership and operation of the following global cruise brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. The firm also holds interest in TUI Cruises GmbH, which operates the German brands TUI Cruises and Hapag-Lloyd Cruises. The company was founded by Arne Wilhelmsen in 1968 and is headquartered in Miami, FL.

CEO & ChairmanMr. Jason T. Liberty

Executive VP & CFOMr. Naftali Holtz

Executive Vice President of NewbuildingMr. Harri U. Kulovaara

President & CEO of Royal CaribbeanMr. Michael W. Bayley

President of Celebrity CruisesMs. Laura J. Hodges Bethge

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Royal Caribbean Group

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