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Revenue of Royal Caribbean Cruises 1988-2018

Revenue of Royal Caribbean Cruises worldwide from 1988 to 2018 (in billion U.S. dollars)

by S. Lock, last edited Sep 11, 2019
Revenue of Royal Caribbean Cruises 1988-2018 Global cruise holding company Royal Caribbean Cruises generated revenues of approximately 9.49 billion U.S. dollars in 2018, the company’s highest annual revenue yet. The revenue has seen a steady year-over-year increase over the past 20 years, except for a decline in 2009 which can be attributed to the global financial crisis. Revenues from Royal Caribbean Cruises passenger tickets accounted for the majority of the total revenue in 2018, the figure amounting to nearly seven billion U.S. dollars.

Royal Caribbean vs. Carnival Corporation

Royal Caribbean cruise ships carried over six million passengers in 2018. 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 2018 - nearing 19 billion U.S. dollars. Additionally, they accounted for almost double the number of passengers than Royal Caribbean in 2018.

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.
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Revenue of Royal Caribbean Cruises worldwide from 1988 to 2018 (in billion U.S. dollars)

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