Royal Caribbean Posts Quarterly Profit

Royal Caribbean Cruises Ltd, parent of Royal Caribbean International and Celebrity Cruises, said it had a solid first quarter 2006 performance with net income of $119.5 million and a 1.9 percent increase in net yields. For the full year, the company expects net yields to increase 3–4 percent, and for the second quarter 2006, RCCL projects a 5 percent yield increase. The company said in its earnings report that the "pace of bookings and consumer demand remains positive."

Read more on:

Suggested Articles:

After cruising successfully in Europe the past few months, MSC Cruises is the first major line to receive approval for cruises from Japan. Read more.

Sea Cloud Cruises plans to restart cruises in March with Sea Cloud II in the Canary Islands, and shortly thereafter with Sea Cloud in the Greek Isles.

Viking has tapped Raquel Bono, M.D., retired vice admiral of the U.S. Navy, as the cruise company's new chief health officer. Learn more here.