Royal Caribbean Achieves Investment-Grade Credit Rating from S&P
In a significant boost to its financial standing, Royal Caribbean Cruises Ltd. has regained investment-grade status from S&P Global Ratings. This positive development comes on the heels of the cruise line's most successful start to its busy booking period in years, showcasing a rebound in traveler confidence and growing demand for cruising experiences. According to industry reports, cruise bookings surged by over 50% compared to the previous year, reflecting a robust recovery from the pandemic's impact. This milestone marks a critical step for Royal Caribbean as it navigates the competitive maritime travel landscape, ensuring that it continues to attract both travelers and investors alike.