Royal Caribbean
One of the world's top cruise companies.
Headquarters:
1050 Caribbean Way
Miami, FL 33132
Employees: 60,300
CEO: Richard Fain
Stock Symbol: RCL
Website: http://www.royalcaribbean.com
Career Site
Royal Caribbean Cruises Ltd. is a global cruise vacation company that operates Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Cruises, TUI Cruises and CDF Croisières de France. The company has a combined total of 38 ships in service and passenger capacity of 84,050. It also offers unique land-tour vacations in Alaska, Asia, Australia, Canada, Europe, Latin America and New Zealand.
Cruise trips are available to the Caribbean, Panama Canal, Alaska, Europe and Hawaii with over 280 destinations worldwide.
In 2009, Royal Caribbean introduced the Oasis of the Seas, the world's largest cruise ship with capacity of 5,400 guests. A second sister ship, Allure of the Seas, will debut later in 2010.
About half of Royal Caribbean's guests have cruised before and almost a quarter have sailed with the company previously. It enjoy one of the highests repeat passenger percentages in the market segment. Guests are almost evenly divided between men
and women and about 80 percent are North American.
In 2009, Royal Caribbean reported revenues of $5.88 billion and net income of $162.4 million. 46% of ticket revenue came from outside of the U.S. in 2009.
Royal Caribbean has four more cruise ships that will be in service by the end of 2012.
The company has 4,900 full-time and 800 part-time employees worldwide in shoreside operations and 54,600 shipboard employees.
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 August 27, 2010
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