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Royal Caribbean Post Round-Up: August 16, 2020

In:
16Aug2020
By: 
Matt Hochberg

Welcome to this week's edition of the Royal Caribbean post round-up, where we summarize all of the Royal Caribbean news and information from this week into one handy-dandy post! There is plenty of great content to enjoy, so sit back, relax, and enjoy this week's round-up!

Royal Caribbean provided a business update this week in conjunction with announcing its second quarter 2020 financial results.

The cruise giant reported a $1.6 billion loss for the quarter, compared to a $472.8 million income last year at the same time.

Royal Caribbean's estimated monthly cash burn is about $250 million to $290 million per month during a prolonged suspension of operations. 

Royal Caribbean Group indicated 2021 cruise bookings are trending well and is within historical ranges.

Royal Caribbean News

Royal Caribbean Blog Podcast

The 367th episode of the Royal Caribbean Blog Podcast is now available, where Pacale talks about a memorable cruise on Jewel of the Seas.

Pascale sailed on Jewel of the Seas in 2004 during a hurricane, and shares how the storm did not ruin what ended up being a really fun cruise vacation.

Please subscribe via iTunes or RSS, and head over to rate and review the podcast on iTunes if you can! 

You might have to take a COVID-19 test to go on a Royal Caribbean cruise in the future

Royal Caribbean's CEO said the cruise line is thinking about using rapid testing for guests in order to go on a cruise.

Royal Caribbean International CEO Michael Bayley indicated testing of guests is "very likely" to occur.

Mr. Bailey said that while the recommendations of the  Healthy Sail Panel of health experts are not available yet, he did say testing will be part of their recommendations.