Bloomberg Businessweek cover image

Bloomberg Businessweek

Royal Caribbean CEO Talks Strong Business Growth in All Markets

Jan 28, 2025
Jason Liberty, President and CEO of Royal Caribbean Group, reveals impressive earnings and the industry’s optimistic outlook post-COVID. He highlights the trend toward experiential travel and the demand for cruises. Rachel Metz, Bloomberg News AI reporter, explores DeepSeek's game-changing AI advancements, stirring excitement in Silicon Valley. Larry Pitkowsky shares insights on market trends and investment strategies, emphasizing the importance of adaptability in today's volatile environment. This discussion navigates the intersections of travel, tech, and finance.
40:17

Podcast summary created with Snipd AI

Quick takeaways

  • Royal Caribbean is experiencing significant growth driven by consumers' willingness to spend on experiences, exceeding booking expectations during WAVE season.
  • The cruise line is strategically enhancing its offerings with new destinations and services to maintain strong demand amid economic uncertainties.

Deep dives

Royal Caribbean's Surging Demand

Royal Caribbean Cruises is experiencing significant growth, with shares hitting record highs, up nearly 14%, following a strong profit forecast that exceeded expectations. The company is benefiting from increasing cruise demand, particularly from millennials and multi-generational families who prioritize quality experiences. This unexpected strength in booking illustrates a broader trend where consumers are willing to spend more not just on tickets, but also on luxury onboard and excursion activities. The cruise line is effectively leveraging changing consumer behavior towards valuing experiences over material goods, indicating a positive trajectory for the industry.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode