Royal Caribbean Group
Cruise vacations · United States
Royal Caribbean Group owns the Royal Caribbean, Celebrity Cruises and Silversea cruise lines and half of TUI Cruises, selling cruise vacations, onboard extras and visits to its own private islands to about 9.4 million guests a year.
What makes it different
Its ships sail more than full.
109.7%OccupancyFY2025
Many cabins carry a third or fourth guest, so occupancy runs above 100% of double-occupancy capacity.
How big it is
How big is Royal Caribbean Group?
$17.9BRevenueFY2025
9.4MGuests carriedFY2025
108,000Employees2025
How it makes money FY2025
Cruise tickets, then spending on board.
- Cruise tickets70%$12.5B
- Onboard and other30%$5.4B
How the business works
Bigger ships, own islands, full cabins.
- 1Giant innovative ships
- 2Cabins beyond double occupancy
- 3Drinks, excursions, private islands
New Icon- and Oasis-class ships and private destinations earn higher prices, and three in ten dollars come from spending on board.
Who owns it
- Capital International Investors13.8%
- The Vanguard Group11.2%
- Capital Research Global Investors8.7%
CEO: Jason T. Liberty
Who it competes with
Key moments
- 1968Royal Caribbean is founded
- 1997Celebrity Cruises joins
- 2009Oasis of the Seas enters service
- 2020Cruising suspended by COVID-19
- 2022Jason Liberty becomes CEO
Sources
Every number on this page comes from Royal Caribbean Group's own reports.
Full profile
The rest of the story is in the app.
What Royal Caribbean Group tracks16 metrics
Guests carried
Passenger cruise days
Occupancy
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from4 regions
North America and Caribbean
Europe
Asia/Pacific
The full timeline21 moments
2021
2025
2026
Royal Caribbean Group vs Carnival Corporation & plcside by side
Revenue
Profit
People
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