Royal Caribbean ‘Pleased’ on Chinese Cruise Market – Cruise Industry News

While cruise capacity dips in China in 2018 and 2019, Royal Caribbean International continues to be among the leading players in the market with new hardware and a long-term vision.

“We’ve been really pleased with the performance of the China market this year, and as you know, it’s a long-term strategy,” said Michael Bayley, president and CEO of Royal Caribbean International, speaking on the company’s third quarter earnings call earlier this month.

“We’ve been in the market for 10 years. So we’re excited about Spectrum coming into Shanghai in 2019,” said Bayley.

The Chinese market is expected to shed 13.5 percent of its capacity year-over-year in 2019, according to the 2019 China Market Report by Cruise Industry News, driven by the withdrawals of SkySea and Norwegian Cruise Line…

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