Royal Caribbean lifts 2026 outlook as Serenade sailing is shortened
The cruise group exceeded second-quarter market expectations, while passengers affected by a delayed Vancouver departure received compensation or cancellation options.
Royal Caribbean Group raised its full-year guidance after second-quarter 2026 revenue and adjusted earnings per share surpassed market expectations. The company projected 2026 revenue growth of 9 percent and adjusted earnings per share between $17.73 and $17.87.
A recent analysis reported that Royal Caribbean completed a $1.25 billion senior unsecured notes offering, with proceeds intended to refinance existing debt carrying higher costs. Filings summarized in financial-media alerts on August 24 showed that several institutional investors had started or expanded positions in Royal Caribbean Cruises Ltd. Recent coverage categorized the consensus analyst rating as a moderate buy and placed the consensus price target at $353.40.
Separately, a report said vital work led to the postponement of a Serenade of the Seas departure from Vancouver, reducing the itinerary from seven nights to five. The revised sailing was scheduled to leave on September 1, 2026, at 9 p.m. local time.
Guests proceeding with the shorter cruise were offered onboard credit equal to two days of cruise fare per person. Most were also eligible for hotel reimbursement capped at $300 per stateroom per day. Customers declining the modified sailing could cancel without penalty, receive a full refund of cruise fares and obtain a future cruise credit worth 25 percent of the cruise fare.
