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Royal Caribbean headed towards 'record earnings for the year'

Cruise
Jennifer Morris
31 October 2016

Royal Caribbean Cruises has reported 2017 bookings to be ahead of last year in its third quarter results.

Royal Caribbean's Harmony of the Seas

Looking ahead to 2017, the company said its booked position was better than the same time last year on both volume and rate.

Net yields were up 2.9% on a constant currency basis (up 0.4% as reported) driven mainly by strong demand for North American itineraries).

US net income was $693.3 million or $3.21 per share, versus $228.8 million, or $1.03 per share in 2015.

In its full-year forecast the Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises parent company said net yields were expected to be up 4% or better on a constant currency basis.