Latest Royal Caribbean News: CDC update, vaccine effects, Cuba & MORE cruise news!

Editorial Summary

During Royal Caribbean's fourth quarter earnings call, executives shared several updates regarding the future of cruise operations. A primary focus was the anticipation of technical instructions from the CDC, which are necessary for cruise lines to begin test sailings in the United States. Michael Bailey, the president and CEO of Royal Caribbean International, noted that the company is in regular communication with the agency and expects these specifications soon. The discussion also addressed the impact of vaccine rollouts, with Chairman and CEO Richard Faine describing the vaccine as the ultimate weapon for returning to normal operations. While the company has not confirmed passenger vaccine requirements, it noted that bookings are increasing among older demographics as vaccine distribution progresses. Additionally, the company hinted at the possibility of adding a second ship to its international operations outside of the United States. Regarding European sailings, the company expects protocols to remain similar to those in the U.S. despite different regulatory bodies. Finally, the creator addressed the potential for future operations in Cuba, noting that Royal Caribbean maintains ships capable of visiting the destination should it reopen to cruise travel.

Written by TripBacon from this video's transcript.