nelblu Posted May 9, 2023 #2551 Share Posted May 9, 2023 On 5/4/2023 at 3:23 PM, fredmdcruisers said: The cuts in the experience will save them big $s. They might have to reverse the new menu but will stall as long as they can. On my Anthem February sail, our Headway told us the menu will be revisited in June. Don't know for sure and maybe he wanted us to stop complaining.🤣 1 Link to comment Share on other sites More sharing options...
topnole Posted May 9, 2023 #2552 Share Posted May 9, 2023 49 minutes ago, Biker19 said: RCI is coming for your wallet: " In the first quarter of 2023, roughly two-thirds of Royal Caribbean Group passengers booked onboard activities in advance of their cruise, meaning the company was able to prebook more onboard revenue than ever. According to Jason Liberty, president and CEO of the cruise company, this was well up compared to the last normal year, when 48 percent of guests had prebooked onboard activities in 2019. Key Highlights: Total revenue per passenger day for Q1 2023 was $251.43 compared to $230.99 in Q1 2019. Ticket revenue per passenger day for Q1 2023 was $165.28 compared to $161.90 for Q1 2019. Onboard revenue per passenger day for Q1 2023 was $86.15 compared to $69.09 for Q1 2019. Total cruise operating expenses per passenger day were $156.25 for Q1 2023 compared to $133.85 for Q1 2019. “Every dollar that guest spends pre-cruise translates into approximately $0.70 of incremental spend once onboard,” Liberty said, as cruise guests are known to have a ‘fresh wallet’ once aboard the ship. “While we have made a significant leap in our commercial capabilities, we are still in the early innings of our journey, and we’ll continue to add features and capabilities to our app and commercial engines,” Liberty said." Onboard Revenue Up at Royal Caribbean, More Prebooked Spend - Cruise Industry News | Cruise News Operating expense per passenger went up more than total revenue per passenger. That isn’t ideal. Link to comment Share on other sites More sharing options...
taglovestocruise Posted May 9, 2023 #2553 Share Posted May 9, 2023 Revenue up over expectations, bookings at all time high, fleet wide occupancy running at 102%, several brokerage houses raised rating to strong buy, high price target for next 12 months raised to $104. Link to comment Share on other sites More sharing options...
volk904 Posted May 10, 2023 #2554 Share Posted May 10, 2023 When it went down to $33 a share last year for no reason I bought another 100 shares. Kick myself every day for not buying more. At any rate I am very happy that my 210 shares are doing well and I have have used the credit benefit several times. 1 Link to comment Share on other sites More sharing options...
TMLAalum Posted May 10, 2023 #2555 Share Posted May 10, 2023 I submitted a shareholder benefit request last year via fax redacting all personal information from my broker statement except that which related to RCL. I was ready to claim my benefit for two future Celebrity cruises via the link I'd bookmarked. Now it needs to be done electronically, so how do I do this without sharing the entire statement, which has other holdings besides RCL? 1 Link to comment Share on other sites More sharing options...
alexgtp Posted May 10, 2023 #2556 Share Posted May 10, 2023 21 minutes ago, TMLAalum said: I submitted a shareholder benefit request last year via fax redacting all personal information from my broker statement except that which related to RCL. I was ready to claim my benefit for two future Celebrity cruises via the link I'd bookmarked. Now it needs to be done electronically, so how do I do this without sharing the entire statement, which has other holdings besides RCL? If you have sheet you faxed with redacted info. Are you able to scan to email? If so email it to yourself. If you printer is a multifunction you can also SCAN to PDF and save it to your PC. You can than submit electronically.https://rcg.questionpro.com/a/TakeSurvey?tt=wqfn1XaMgJAECHrPeIW9eQ%3D%3D Link to comment Share on other sites More sharing options...
The_Big_M Posted May 10, 2023 #2557 Share Posted May 10, 2023 20 hours ago, topnole said: Operating expense per passenger went up more than total revenue per passenger. That isn’t ideal. Likely covid related expenses, e.g. gloves, sanitiser, other cleaning treatments and procedures. Link to comment Share on other sites More sharing options...
topnole Posted May 10, 2023 #2558 Share Posted May 10, 2023 20 minutes ago, The_Big_M said: Likely covid related expenses, e.g. gloves, sanitiser, other cleaning treatments and procedures. Or the crazy inflation for nearly every product used in all of their operations? 1 Link to comment Share on other sites More sharing options...
grandgeezer Posted May 10, 2023 #2559 Share Posted May 10, 2023 18 hours ago, taglovestocruise said: Revenue up over expectations, bookings at all time high, fleet wide occupancy running at 102%, several brokerage houses raised rating to strong buy, high price target for next 12 months raised to $104. Take that target with a grain of salt. November 21, 2021, with the industry shut down, the price was $84. Now, with all ships sailing and averaging 102% occupancy, revenue at all time high and the stock is hovering in the mid $70s. I don’t see inflation going away anytime soon, and the massive debt ($19.4 billion as of March 31 of this year) will take even longer to get down to a manageable number anytime soon with all the new ships coming. In January 2021, the stock was $133+ and paid a dividend of $3.12 per share. Link to comment Share on other sites More sharing options...
taglovestocruise Posted May 10, 2023 #2560 Share Posted May 10, 2023 2 hours ago, grandgeezer said: In January 2021, the stock was $133+ and paid a dividend of $3.12 per share. That was actually 2020, today stock trades at 1/1/21 price. And a grain of salt was in the mix. Link to comment Share on other sites More sharing options...
Baron Barracuda Posted May 10, 2023 #2561 Share Posted May 10, 2023 20 hours ago, taglovestocruise said: Revenue up over expectations, bookings at all time high, fleet wide occupancy running at 102%, several brokerage houses raised rating to strong buy, high price target for next 12 months raised to $104. Yet despite running at full occupancy they are still losing money Link to comment Share on other sites More sharing options...
taglovestocruise Posted May 10, 2023 #2562 Share Posted May 10, 2023 1 hour ago, Baron Barracuda said: Yet despite running at full occupancy they are still losing money Really.... Next quarter will be telling. Maritime News Cruise Ship Portal https://www.cruiseshipportal.com › news › royal-carib... 3 days ago — Royal Caribbean Group: cuts net loss and reports $271 million profit in first quarter 2023. They are coming back strong, leaving most other cruise line operators far behind in revenue. Link to comment Share on other sites More sharing options...
jwlane Posted May 10, 2023 #2563 Share Posted May 10, 2023 7 hours ago, TMLAalum said: how do I do this without sharing the entire statement, Take a picture of that page and email it to yourself. Link to comment Share on other sites More sharing options...
Baron Barracuda Posted May 10, 2023 #2564 Share Posted May 10, 2023 2 hours ago, taglovestocruise said: Really.... Next quarter will be telling. Maritime News Cruise Ship Portal https://www.cruiseshipportal.com › news › royal-carib... 3 days ago — Royal Caribbean Group: cuts net loss and reports $271 million profit in first quarter 2023. They are coming back strong, leaving most other cruise line operators far behind in revenue. Read the actual earnings release and you'll see that "profit" is on an adjusted basis where they exclude pesky things like interest expense. The full year profit they are projecting for '23 is also only on an "adjusted" basis. Link to comment Share on other sites More sharing options...
Rare John&LaLa Posted May 10, 2023 #2565 Share Posted May 10, 2023 8 hours ago, grandgeezer said: Take that target with a grain of salt. November 21, 2021, with the industry shut down, the price was $84. Now, with all ships sailing and averaging 102% occupancy, revenue at all time high and the stock is hovering in the mid $70s. I don’t see inflation going away anytime soon, and the massive debt ($19.4 billion as of March 31 of this year) will take even longer to get down to a manageable number anytime soon with all the new ships coming. In January 2021, the stock was $133+ and paid a dividend of $3.12 per share. You gotta spend money to make money😉 1 Link to comment Share on other sites More sharing options...
grandgeezer Posted May 11, 2023 #2566 Share Posted May 11, 2023 1 hour ago, John&LaLa said: You gotta spend money to make money😉 I don’t see where your post relates to mine. If you have to spend money to make money, apparently they aren’t very good at it. They haven’t made a penny since the first quarter of 2020. Even with all ships sailing, high bookings and high pricing they are still running in the red. Link to comment Share on other sites More sharing options...
Rare John&LaLa Posted May 11, 2023 #2567 Share Posted May 11, 2023 3 minutes ago, grandgeezer said: I don’t see where your post relates to mine. If you have to spend money to make money, apparently they aren’t very good at it. They haven’t made a penny since the first quarter of 2020. Even with all ships sailing, high bookings and high pricing they are still running in the red. Comment about paying for new ships Profits will come 1 Link to comment Share on other sites More sharing options...
Coralc Posted May 11, 2023 #2568 Share Posted May 11, 2023 15 hours ago, TMLAalum said: I submitted a shareholder benefit request last year via fax redacting all personal information from my broker statement except that which related to RCL. I was ready to claim my benefit for two future Celebrity cruises via the link I'd bookmarked. Now it needs to be done electronically, so how do I do this without sharing the entire statement, which has other holdings besides RCL? Biker had the best suggestion. Scan it as a Jpeg and then use the eraser function in Paint program to remove the unneeded information. It looks a lot neater when you send it to them electronically. 1 Link to comment Share on other sites More sharing options...
lovesthebeach2 Posted May 11, 2023 #2569 Share Posted May 11, 2023 21 hours ago, TMLAalum said: I submitted a shareholder benefit request last year via fax redacting all personal information from my broker statement except that which related to RCL. I was ready to claim my benefit for two future Celebrity cruises via the link I'd bookmarked. Now it needs to be done electronically, so how do I do this without sharing the entire statement, which has other holdings besides RCL? My DH prints out a sheet and I fold it so nothing else shows except the Royal stock shares. Then I took a picture of it with highlights of the names, the amount of shares, and the date. I submit that online for the benefit. It’s very easy actually. Link to comment Share on other sites More sharing options...
TMLAalum Posted May 11, 2023 #2570 Share Posted May 11, 2023 Thanks all for the tips on submitting our shareholder request electronically. I must say that over the years, buying, selling, buying, selling, buying has worked to my advantage. 2 Link to comment Share on other sites More sharing options...
bonsai3s Posted June 3, 2023 #2571 Share Posted June 3, 2023 RCL stocks...closed today at $86.23 6 Link to comment Share on other sites More sharing options...
taglovestocruise Posted June 3, 2023 #2572 Share Posted June 3, 2023 16 hours ago, bonsai3s said: RCL stocks...closed today at $86.23 About time for a trailing stop loss order ? 1 Link to comment Share on other sites More sharing options...
AftMan Posted June 4, 2023 #2573 Share Posted June 4, 2023 On 5/10/2023 at 9:38 PM, John&LaLa said: Comment about paying for new ships Profits will come Yes. See Amazon, Tesla, FedEx and many others as companies that failed to make money for multiple years. It is not at all uncommon. Cruising is not going away and who is better positioned than Royal Caribbean for future growth? They attract the optimal demographic, have the best new ships and own a private island packed with profit-making opportunities. If only they could hire a competent IT team🤪. disclaimer - I own both Royal Caribbean and Amazon stock. 2 1 Link to comment Share on other sites More sharing options...
temple1 Posted June 4, 2023 #2574 Share Posted June 4, 2023 I've not used the stock benefit before. I tracked down the location for the form on the website, but it was not working. Does someone have a link to the form? Link to comment Share on other sites More sharing options...
temple1 Posted June 4, 2023 #2575 Share Posted June 4, 2023 On 4/21/2023 at 8:36 PM, cruiseguy1016 said: The policy used to be that the shareholder's OBC was not combinable with other discounts or OBC offers. Royal Caribbean changed that policy in 2018(?) so that the shareholder's OBC is now combinable with other discounts. I don't know why you have been unsuccessful unless it was before the policy was changed. Of course they changed it in 2018. I'd tried to use it once but I had some form of OBC. My last cruise was in 2018 and I wasn't aware of the change so I didn't get to use it. Link to comment Share on other sites More sharing options...
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