Royal Caribbean Group: Will Its European Cruise Expansion Be A Game Changer?

Royal Caribbean Group’s third-quarter 2025 earnings showcased solid operational performance and strategic investments, positioning them to capture larger market share within the leisure travel industry. The company recorded a rise in adjusted earnings per share (EPS) to $5.75, up 11% compared to the previous year, aided by increased demand and lower costs, significantly contributing to surpassing initial earnings expectations. Net yields experienced a growth of 2.4%, driven primarily by strong close-in demand and increased guest satisfaction across all key itineraries. However, Royal Caribbean highlighted the impact of adverse weather conditions and an extended closure of Labadee, which might slightly temper the fourth quarter outlook. Looking ahead, Royal Caribbean Group anticipates a 10% increase in capacity for the fourth quarter and expects to sustain yield growth between 2.2% and 2.7%. The company is on track to realize a full-year net yield increase of 3.