Royal Caribbean Reports "Strong Revenue Outlook." Time to Buy the Stock?
It's been a buoyant time for Royal Caribbean Cruises (NYSE: RCL). According to Liberty, a cornerstone of Royal Caribbean's success is its ability to appeal to "a broad range of vacationers" looking for anything from a short getaway to a luxury world cruise. Load factor, or the percentage of available berths that are filled with money-spending passengers, finished the quarter at 102%.