2024-01-21 05:20:00 ET
One of the draws of taking a cruise is the all-inclusive nature of the trip. But if you take a closer look at the income statement of Royal Caribbean (NYSE: RCL) or any cruise line, you'll see that there's a lot more going on.
Here's why buying a ticket to take a Royal Caribbean cruise is just the start of the company's revenue stream and why you need to care.
The pivotal year for cruising was 2020, when the coronavirus pandemic effectively shut the industry down. Since that nadir, cruise lines have been trying to get their businesses back on track.
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Royal Caribbean's Tickets Are Just the Start of the Cruise Line's Revenue Stream