Royal Caribbean Chairman receives lifetime achievement award

In:
20Dec2010

The Travel Weekly Lifetime Achievement Award is given to an individual whose efforts have led to extraordinary results within an enterprise and who also has made significant contributions to the industry as a whole," said Arnie Weissmann, vice president, editor-in-chief, Travel Weekly. "Richard Fain's career has provided a model of vision and accomplishment to inspire tomorrow's leaders."

"I am humbled and honored to be the recipient of this award especially because it was awarded by Travel Weekly's readers, most of whom are travel agents. The growth of our industry and its many exciting changes would not have been possible without the biggest driver of Royal Caribbean's overall success - our people - our shipboard teams, as well as our shoreside employees. Accepting this award is especially meaningful as our company is being recognized by the travel agent community with nine awards overall," said Fain. "For 30 years, I've had the privilege to participate in the travel industry, working with talented people while helping travelers experience the world. The legacy of the recipients of the Travel Weekly Lifetime Achievement Award collectively defines the environment that the travel industry operates in today and it is an honor to join such a distinguished group of recipients."

Fain first joined Royal Caribbean in 1979 as an outside director on the company's Board of Directors. He became Chairman and CEO in 1988, and now oversees the global cruise company operating 40 ships under the Celebrity Cruises, Royal Caribbean International, Pullmantur, Azamara Club Cruises and CDF Croisières de France brands. Prior to joining Royal Caribbean, Fain spent 13 years as treasurer, chief financial officer and joint managing director of Gotaas-Larsen Shipping Corp., a London-based owner and operator of cargo ships.

He serves as a member of the Florida 100, the national board of the Posse Foundation and the University of Miami's Board of Trustees. Fain also is former chair of the United Way of Miami-Dade, the Miami Business Forum, the Greater Miami Convention and Visitors Bureau.

He also is a past chair of the Cruise Lines International Association (CLIA), and industry trade association representing nearly 17,000 affiliated travel agencies and the bulk of the world's cruise lines. He holds a B.S. degree in economics from the University of California Berkeley and an M.B.A. from the Wharton School of Business at the University of Pennsylvania.

Previous recipients of the Travel Weekly Lifetime Achievement Award have included: Bill Marriott, Gordon Bethune, Marilyn Carlson Nelson, Arthur Tauck, Tim and Nina Zagat and Bob Dickinson.