Royal Caribbean and Amazon lead growth ranking with A-minus grades
Booking Holdings and Tesla followed the two top-ranked companies, with the report assigning each an overall B-minus growth grade.
Royal Caribbean and Amazon each earned an A-minus growth grade, placing them at the top of the ranking discussed in the report. Booking Holdings and Tesla were ranked behind the two leaders, and both received B-minus grades.
The report said Royal Caribbean generates revenue mainly from cruise fares and spending by guests while onboard. Its brands include Royal Caribbean International, Celebrity Cruises and Silversea, with fares and onboard purchases serving as the company’s primary revenue sources.
Royal Caribbean’s growth is increasingly tied to several factors, according to the report. These include the company’s pricing, occupancy levels and additions to capacity. The report also said growth depends on consumers remaining willing to spend money on travel experiences. Together, those considerations were identified as increasingly important to the cruise company’s growth.
