How Royal Caribbean And Carnival Made A Comeback

Royal Caribbean is leading the $61 billion cruise industry’s comeback. This comes just a couple of years after a 15-month pandemic era shutdown led to questions about whether the industry could ever recover. But the three public companies - Carnival, Royal Caribbean and Norwegian - are starting off 2024 with record breaking booking positions and pricing levels. Drawing younger audiences, smart cash management and strong pre-cruise spending have all been contributing factors. Chapters: 0:00 Introduction 1:15 The dark days 2:25 State of the industry 6:05 Making a comeback 8:15 Looking ahead Produced and Edited by: Ryan Baker Senior Managing Producer: Tala Hadavi Animation: Christina Locopo Camera by: Timothy Fadek Additional Footage: Royal Caribbean Group, Carnival, Getty Images