Across the company’s fleet, Royal Caribbean Group said its load factors were an average 82 percent in the second quarter.
In a press release, the company said that there is an increase to 90 percent across the fleet in June, and Caribbean itineraries is averaging over 100 percent.
This is indeed big news for the company.
Caribbean itineraries would mainly include the company’s namesake brand, Royal Caribbean International, as well as Celebrity Cruises, featuring close-to-home cruising departing from U.S. homeports.
In the company’s portfolio, the other brands that have limited Caribbean deployment are Silversea and Azamara. In addition, is a joint venture with TUI Cruises and Hapag-Lloyd Cruises serving the German-speaking market.
How do the load factors compare?
In the first quarter, the company achieved an average load factor of just 59 percent, according to a statement, which had matched the company’s fourth quarter load factor in 2021, which was also 59 percent.