Royal Caribbean has cut its annual revenue forecast, citing prolonged geopolitical tensions that are weighing on bookings for some sailings. The cruise operator now expects 2026 revenue to grow about 9%, compared with its previous forecast for about 10%.
Geopolitical Tensions Impact Bookings
The Miami, Florida-based company, however, raised its annual adjusted profit forecast to $17.73 to $17.87 per share from $17.10 to $17.50 previously, citing stronger-than-expected second-quarter results and an improved outlook for the remainder of the year.
Royal Caribbean said it had factored in a “modest booking impact for select itineraries primarily due to prolonged geopolitical activity,” even as overall demand for cruises remained resilient. The company reported a 6% rise in revenue to $4.83 billion for the quarter ended June 30, beating analysts’ estimates of $4.82 billion.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
