is the world's
second-largest cruise company,
operating 64 ships across five global
and partner brands in the cruise
vacation industry, with 10 more ships
on order. Brands the company
operates include Royal Caribbean
International, Celebrity Cruises, and
Silversea. The company also has a 50%
investment in a joint venture that
operates TUI Cruises and Hapag-Lloyd
Cruises, allowing it to compete on the
basis of innovation, quality of ships
and service, variety of itineraries,
choice of destinations, and price. The
company completed the divestiture
of its Azamara brand in the first quarter
of 2021.