Royal Caribbean Cruises is seeing “headwinds” from the Mediterranean this summer yet is still projecting a record year.
The company's overall booking position remains strong, similar to last year's record high levels.
“However, China is a closer-in booking environment making it harder to compare positions,” the company said. “Excluding China bookings, the company's booked position is well ahead of last year's.”
The disclosure came as the parent of brands such as Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises reported that adjusted net profit for the first quarter of the year almost tripled to $124 million from $45.2 million in the same period in 2015.
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