Royal Caribbean makes donation to genetic disease research group
In:Today in Milan, Royal Caribbean's CEO Adam Goldstein met with the Chairman of Dulbecco Telethon Institute, Luca Cordero Di Montezemolo, to support DTI's work in researching cures for genetic diseases. Royal Caribbean donated 70,000 euros to DTI at the ceremony.
"Our commitment in Italy wants to be global," said Goldstein, "And this means also investing in social responsibility. Meet with President Montezemolo was a time of sharing of common visions, in the common desire to continue to work together. "
The willingness to invest in social responsibility and the presence of Adam Goldstein in Italy confirmed that Royal Caribbean's attention turns to the Italian market, along with France and Spain, in 2012 will be the focus of the European strategy with more ships, new ports of embarkation and investments in communication.
The growth in Italy Royal Caribbean's stated clearly in the numbers: in 2006 there were 4 ships were calling at Italian ports but in 2012, there will be 11, with the number of passengers more than tripled.

Roberto
In a note today, Raymond James said that Europe is likely to continue underperforming through the end of the year compared to other regions. Contributing to the weakness is the dollar's relative weakness to the euro as well as higher air fares, all of which has resulted in much less demand by consumers in the United States to take a cruise to Europe. Cruise passengers frequently have to take planes to connect with ships and to return home. European cruises tend to be more expensive than those in other areas.
Royal Caribbean has 11 ships in Europe this summer but only two will be sailing out of South Florida this winter and both are in Port Everglades. Instead of mooring in Miami, Royal Caribbean is basing them out of pots such as Baltimore, Port Canaveral, Tampa, San Juan, Dubai and Brazil. And Royal Caribbean’s two ships based in Alaska during the summer are going to Australia for the winter, not Miami.
The good news is officials working on the project expect the work to be complete just in time to welcome Royal Caribbean's Voyager of the Seas.
Royal Caribbean's Radiance of the Seas will debut in Australia this season on October 15 and it will be the first time she's come to Australia since her major revitalization that took place earlier this year. Radiance will sail in Australia until April 5, 2012.
In France, Royal Caribbean has