Report
Jaime Katz
EUR 101.80 For Business Accounts Only

Royal Caribbean's booked position improves at helping profit growth, which should slow beyond 2017.

Consumer demand for narrow-moat Royal Caribbean’s products remains robust, with the firm expecting to deliver net revenue yield growth of 6% in 2017, a rate it  hasn’t achieved since before the Great Recession, during 2004-05, when it was able to capture yield growth of 9.2% and 7.4%, respectively. Second-quarter results indicated stellar pricing power, supporting the brand intangible asset, with as-reported yields rising 9.9%, generating per diem of $188, positioning Royal to deliver $186 in re...
Underlying
ROYAL CARIBBEAN GROUP

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Jaime Katz

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