Weak market share in Latin America causes Royal Caribbean to pull out

Miami, Florida-based Royal Caribbean Cruises Ltd. is pulling out of Latin America amid worries that the region is weakening in terms of market share values. The company released its fourth quarter earnings, revealing a net income of $228.8 million or $1.03 per share, down from $490.2 million or $2.19 per share during the same period […]

Royal Caribbean International began construction on a new state-of-the-art Quantum-class cruise ship, dubbed Ovation of the Seas and made official through a steel-cutting ceremony at the Meyer Werft shipyard in Papenburg, Germany on September 22, Ship Technology reported. In addition to highly innovative features like dancing Roboscreens, robotic bartenders, a skydiving facility, and an indoor sports arena, the massive ship will also feature […]