Revenue of Royal Caribbean Cruises 1988-2019

Global cruise holding company Royal Caribbean Cruises generated revenues of approximately 10.95 billion U.S. dollars in 2019, the company’s highest annual revenue yet. The revenue has seen a steady year-over-year increase over the past 20 years, except for a decline in 2009 which can be attributed to the global financial crisis. Revenues from Royal Caribbean Cruises passenger tickets accounted for the majority of the total revenue in 2019, the figure amounting to nearly eight billion U.S. dollars.

Royal Caribbean vs. Carnival Corporation

Royal Caribbean cruise ships carried over six and a half million passengers in 2019. However, despite these impressive figures it is yet to overtake competitor Carnival Corporation. When comparing the two companies, Carnival Corporation reached revenues of over double its competitor in 2019 - nearing 21 billion U.S. dollars. Additionally, they accounted for almost double the number of passengers than Royal Caribbean in 2019.

Customer’s perceptions of Royal Caribbean Cruises

The YouGov index ranking measures brands by taking into account customer’s perceptions, within this ranking Royal Caribbean Cruises placed highest among other leading travel cruise lines in the United States. The company had a score of 13.1, whereas the Carnival Cruise Line was awarded a comparatively meagre total of 5.9 in 2018.

Revenue of Royal Caribbean Cruises worldwide from 1988 to 2019

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Source

Release date

February 2020

Region

Worldwide

Survey time period

1988 to 2019

Special properties

fiscal year ended December 31 of each year.

Supplementary notes

Figures have been rounded.

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Statistics on "Travel companies"

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