Numerical

Travel and Tourism

$1.6 billion

Loss reported by Royal Caribbean in the quarter to the end of June as the pandemic stopped its cruise ships sailing. Revenues fell by nearly 94% compared with the same period last year. The company reported that bookings for 2021 are healthy, even though efforts to reopen the industry in Europe have already caused several large covid-19 outbreaks on ships operated by other lines.

Last Modified: 11-Aug-2020 8:01 AM

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Posted by Numerical Team in Business & Industry

Tags Travel and Tourism COVID-19 Impact Royal Caribbean

Source The Economist Espresso