Bloomberg Talks Royal Caribbean Cruises CEO Jason Liberty Talks Stock Falling, Demand
Jul 29, 2025
Royal Caribbean's stock is facing challenges as quarterly predictions disappoint. CEO Jason Liberty explores how tariffs are influencing the cruise line's operations and consumer vacation habits. Despite current obstacles, there’s optimism about future growth, especially with the launch of a new ship. The discussion highlights the expanding luxury river cruise market and the essential role of unforgettable guest experiences in reassuring travelers and stimulating spending.
AI Snips
Chapters
Transcript
Episode notes
Strong Long-Term Earnings Growth
- Royal Caribbean's earnings performance is improving year over year, with $7 billion EBITDA expected and over 30% EPS growth for 2025.
- Demand is strong as customers trust the vacation experience, allowing the company to charge higher prices.
Consumer Demand Remains Resilient
- Consumer spending on Royal Caribbean cruises remains resilient despite tariffs and potential disruptions.
- Customers showed patience initially but then increased close-in demand and onboard spending, driving price increases.
Expanding into River Cruises
- Royal Caribbean is entering the luxury river cruise market to keep customers within its ecosystem.
- They aim to offer additional vacation experiences beyond ocean cruises, leveraging loyalty and curated offerings.