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Royal Caribbean

World's second-largest cruise ship company.

Headquarters:
1050 Caribbean Way
Miami, FL 33132
Employees: 63,300
CEO: Richard Fain
Stock Symbol: RCL

Website: http://www.royalcaribbean.com

Career Site

Royal Caribbean Cruises is the world's second largest cruise ship company. It operates Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Cruises, TUI Cruises and CDF Croisières de France.

The company has a combined total of 40 ships in service. The company offers unique land-tour vacations in Alaska, Asia, Australia/New Zealand, Canada, Dubai, Europe and South America.

The company owns six brands, Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises and CDF Croisières de France, as well as TUI Cruises through a 50 percent joint venture. Together, these brands operate a combined total of 42 ships globally with a selection of itineraries that call on approximately 490 destinations on all seven continents. Onboard the ships, the brands offer an extensive array of activities, services and amenities, including simulated surfing, swimming pools, sun decks, beauty salons, exercise and spa facilities, ice skating rinks, in-line skating, basketball courts, rock climbing walls, miniature golf courses, gaming facilities, lounges, bars, Las Vegas-style entertainment, cinemas and Royal Promenades, which include interior shopping, dining and an entertainment boulevard.

Royal Caribbean runs three of the largest cruise ships in the world, including Oasis of the Seas and Allure of the Seas, the world's largest cruise ships with capacity of 5,400 guests. In 2014, Royal Caribbean introduced the Quantum of the Seas with 2,090 rooms and capacity for 4,180 passengers.

The company's brands will introduce eight more ships by the end of 2018, increasing the fleet to a total capacity of approximately 130,900 berths.

In 2014, Royal Caribbean reported revenues of $8.07 billion, up slightly from $7.95 billion the previous year, and net income of $764.1 million. The company carried 5.1 million passengers in 2014, up from 4.8 million in 2013.

In the second quarter of 2015, Royal Caribbean will take delivery of Anthem of the Seas, the sister ship to the highly successful Quantum of the Seas that made her debut in the fourth quarter of 2014. This spring, TUI Cruises, the company's German joint venture, will take delivery of its second new build, Mein Schiff 4. Also this spring, the company will deliver Celebrity Century to its Chinese joint venture, SkySea Cruises.

History

In 1968, three Norwegian shipping companies - Anders Wilhelmsen & Company, I.M. Shauge & Co, and later, Gotaas Lauren - establish Royal Caribbean Cruise Line. The Song of Norway would be the cruise line's first ship and enters service in 1970.

The cruise line would pioneer the concept of air/sea vacations by flying guests from all over North America in 1971.

Royal Caribbean would go public on the NYSE in 1993.

In 1997, the company would change its name from Royal Caribbean Cruise Line to Royal Caribbean International to reflect its global operations and destinations.

The company acquired Pullmantur Cruises of Spain in 2006.

Updated January 30, 2015