In this article

Royal Caribbean

raised its full-year guidance Tuesday on the back of strong cruise bookings.

The company now expects 2025 earnings of between of $15.41 and $15.55 per share on an adjusted basis, up from prior EPS guidance of $14.55 to $15.55.

CEO Jason Liberty noted traveler preferences are evolving, saying more people are choosing to vacation more frequently and are opting for experience-driven travel. Royal Caribbean said 75% of consumers report they plan to spend the same amount or more on leisure travel over the next 12 months.