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Royal Caribbean Group sees the figures turn black in 2023

Royal Caribbean
Gary Noakes
1 February 2024

Royal Caribbean Group is back in the black after reporting a 2023 net income of $1.7 billion.

Royal Caribbean's flagship Icon of the Seas

Icon of the Seas will call at new destinations in the Dominican Republic and Puerto Rico

The result compares with a net loss of £2.2 billion in 2022 and a deficit of $5.3 billion in 2021. 

Total passenger revenues rose from $8.8 billion to $13.9 billion year on year after passenger numbers of 7.6 million outstripped the 2019 figure of 6.5 million for the first time.

Net income for the final quarter of 2023 reached $300 million, compared with a net loss of $500.2 million for the fourth quarter of 2022. RCG said the results were better than guidance given to analysts due to “stronger close-in demand”.