Royal Caribbean Group reported a wider-than-expected quarterly loss on Monday as the cruise operator suffered from a coronavirus-driven halt to sailings that is now on course to last deep into the second half of 2020. The company’s shares, which have lost over 60 percent of their value this year, rose 10 percent in midday trading …
The Royal Caribbean cruise conglomerate has dropped the word “cruises” from its name as the industry takes a beating from the coronavirus pandemic. The Miami-based travel company announced Thursday that it changed its name from Royal Caribbean Cruises to Royal Caribbean Group. Chairman and CEO Richard Fain called it a “simpler, fresher and more modern” …
Royal Caribbean Group reported a wider-than-expected quarterly loss on Monday as the cruise operator suffered from a coronavirus-driven halt to sailings that is now on course to last deep into the second half of 2020. The company’s shares, which have lost over 60 percent of their value this year, rose 10 percent in midday trading …
