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Revenue of Royal Caribbean Cruises 1988-2020

Due to the impact of the coronavirus (COVID-19) pandemic, the revenue of Royal Caribbean Cruises worldwide decreased sharply in 2020 over the previous year, reaching about 2.21 billion U.S. dollars. In 2019, the global cruise holding company generated revenue of approximately 10.95 billion U.S. dollars, the company’s highest annual revenue yet. In 2020, revenues from Royal Caribbean Cruises passenger tickets amounted to roughly 1.5 billion U.S. dollars, decreasing by over six billion U.S. dollars from 2019.

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 Ltd. worldwide from 1988 to financial year 2020

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Source

Release date

February 2021

Region

Worldwide

Survey time period

1988 to 2020

Special properties

financial years ending December 31

Supplementary notes

Figures have been rounded. Data for years 1988 to 2017 were previously published by the source.

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Statistics on "Travel companies"

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