Summary
Royal Caribbean Cruises Ltd. (RCL) announced a significant operational adjustment on September 14, 2020, by extending the suspension of all sailings departing from Australia and New Zealand through December 31, 2020. This decision was made in direct response to the Australian Government's extension of its suspension of cruise tourism in the region, prioritizing the health and safety of guests, crew, and the visited communities. This prolonged halt in a key market will likely impact revenue and operational planning for the remainder of the fiscal year.
Key Highlights
- 1Extension of Australia and New Zealand sailing suspension until December 31, 2020.
- 2Decision directly influenced by the Australian Government's extension of cruise tourism suspension.
- 3Applies to both Royal Caribbean International and Celebrity Cruises brands.
- 4Focus remains on a healthy return to service for guests, crew, and communities.
- 5Company will communicate directly with guests and travel partners regarding impacted sailings.