Royal Caribbean CEO Says Most Ships Will Sail by Year-End

Royal Caribbean CEO Says Most Ships Will Sail by Year-End

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Interactive Video

Business

University

Hard

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Richard Fain, CEO of Royal Caribbean, discusses the company's return to sea post-pandemic. He highlights the safety measures in place, including a 99% vaccination rate on board. Fain addresses vaccination policies for employees and guests, fleet operations, and capacity constraints. He notes the enthusiasm of the crew and the strong forward bookings for 2022 and 2023. Despite operating at reduced capacity, the company is optimistic about returning to financial stability and investment-grade ratings.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures has Royal Caribbean implemented to ensure the safety of passengers on board?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the vaccination rate among passengers on Royal Caribbean ships changed over time?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges has Royal Caribbean faced in staffing their ships post-pandemic?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Richard Fain describe the sentiment of the crew members returning to work?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current operational capacity of Royal Caribbean, and how does it affect their business?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Richard Fain's perspective on the future of cruise bookings for 2022 and 2023?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the long-term goals for Royal Caribbean regarding their debt and cash flow?

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