They just came out with how their booking are higher than 2019. The compnay has a lot of debt but with higher than pre pandemic bookings how wont they recover? Looking at their 5 year chart they arent doing too bad.
I think other ceuise lines like CCL arent as good because they are cater to a lower income. Royal is upper scale so the recession wont hit as hard. People with money who arent as effected by the recession will still choose Royal, where people with tight budgets will forgo the whole idea leaving CCL with less bookings.
Is it foolish to think Royal will be going up? How eont they recover this debt is a few years. Sure, maybe not a quick pop, but over time i dont see how it wont. Am i missing something? Im just unsure what the solid reasons are?
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