HomeCruise NewsRoyal Caribbean Group Reports Record Start to 2025 WAVE Season

Royal Caribbean Group Reports Record Start to 2025 WAVE Season

Royal Caribbean Group has said its WAVE season has seen a record start, paving the way for a strong 2025 performance.

The cruise group – which owns the Royal Caribbean, Celebrity Cruises and Silversea Cruises brands – said booked load factors are in line with last year and at higher rates.

The group – which, this week, announced its pending expansion into the river cruise market with its Celebrity line and a new brand Celebrity River Cruises – also reported net income of almost $3bn for 2024 and total revenue of $16.5bn.

“2024 was exceptional, thanks to our incredible team’s flawless execution, which drove elevated demand across our leading brands, the early achievement of our Trifecta goals, and meaningful progress on our strategic priorities,” said Jason Liberty, president and CEO, Royal Caribbean Group.

“2025 is shaping up to be another great year, with expected adjusted earnings growth of 23%, as our commercial and vacation experiences flywheel continues to accelerate the growing preference for our leading brands, the most innovative ships and world-class private destinations.

“We are never satisfied with the status quo, and we are obsessed with delivering the best vacation experiences in the world and driving exceptional shareholder returns. [The] launch of Celebrity River Cruises is an example of our commitment to deliver on that promise and ultimately capture a greater share of the $2 trillion global vacation market.”

Geoff Percival
Geoff Percival
Geoff has worked in business, news, consumer and travel journalism for more than 25 years; having worked for and contributed to the likes of The Irish Examiner, Business & Finance, Business Plus, The Sunday Times, The Irish News, Senior Times, and The Sunday Tribune.
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