Public | |
Traded as | : RCL S&P 500 Component |
Industry | Hospitality, tourism |
Founded | 1997 |
Headquarters | Miami, Florida, USA |
Area served
|
Worldwide |
Key people
|
Richard D. Fain (Chairman and CEO) Adam Goldstein (President and COO) |
Services | Cruises |
Revenue | US$ 8.30 billion (2015) |
US$ 875 million (2015) | |
US$ 1.07 billion (2015) | |
Total assets | US$ 20.9 billion (2015) |
Total equity | US$ 8.06 billion (2015) |
Number of employees
|
66,000 (2015) |
Subsidiaries |
|
Website |
www www |
Royal Caribbean Cruises Ltd. is an American global cruise company incorporated in Liberia and based in Miami, Florida. It is the world's second-largest cruise line operator, after Carnival Corporation & plc. As of March 2009, Royal Caribbean Cruises Ltd. fully owns three cruise lines: Royal Caribbean International, Celebrity Cruises, and Azamara Club Cruises. They also hold a 50% stake in TUI Cruises and 49% stakes in Pullmantur Cruises and CDF Croisières de France. Previously Royal Caribbean Cruises also owned 50% of Island Cruises, but this was sold to TUI Travel PLC in October 2008.
Royal Caribbean Cruises Ltd. was formed in 1997 when Royal Caribbean Cruise Line, founded in 1968, and Celebrity Cruises, founded in 1988, was then purchased. The decision was made to keep the two cruise line brands separate following the merger; as a result Royal Caribbean Cruise Line was re-branded Royal Caribbean International and Royal Caribbean Cruises Ltd. was established as the new parent company of both Royal Caribbean International and Celebrity Cruises.
A third brand under Royal Caribbean Cruises ownership was formed in 2000 when Island Cruises was created as a joint venture with British First Choice Holidays. Island Cruises became an informal cruise line on the British and Brazilian markets.