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Headline : Boomers and millennials are spending extra vacation days on cruises, says Royal Caribbean CEO

Read more from the original article on here at qz.com.





Tags : #boomers #millennials #spending #extra #vacation #days #cruises #says #royal #caribbean #ceo


No. of Paragraph 14

Cruises are more popular than ever among both young and older travelers, Royal Caribbean said on Thursday.

The cruising giant reported a strong second quarter with rising demand for cruises and onboard spending.

“Consumer spending onboard, as well as pre-cruise purchases, continue to significantly exceed 2023 levels driven by greater participation at higher prices,” the company said in a press release.

Demand was so high that the company raised its full-year outlook for adjusted earnings per share to between $11.35 and $11.45, and said it would start paying a dividend for the first time since March 2020.

Read more from the original article on here at qz.com.


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