Royal Caribbean Introduces New Icon of the Seas

Posted on 20 October, 2022 by Spacejunkie2

According to a press release, Royal Caribbean International has revealed the first look at the highly anticipated Icon of the Seas, the Icon of Vacations.

Arriving in late 2023 ahead of its January 2024 debut, the company announced the first Icon Class ship will be the travel industry’s first-of-its-kind combination of the best of every vacation.

From the beach retreat to the resort escape and the theme park adventure, with Icon, every kind of family and adventurer can experience their version of the ultimate family vacation. Vacationers can book their iconic adventure on Royal Caribbean’s website on Tuesday, Oct. 25. Crown & Anchor loyalty members can look out for special access on Monday, Oct. 24.

“With each new ship, we raise the bar in the travel industry while enhancing what our guests know and love,” said Jason Liberty, president and CEO, of Royal Caribbean Group. “From the moment they step on board, every experience is specifically designed to give them the best vacation anywhere on land and at sea. With Icon of the Seas, we’ve taken this to a new level and made the ultimate family vacation.”

Whether “family vacation” means getting away as a family, couple or friends, Icon’s all-encompassing lineup features a variety of firsts and next-level favourites for everyone. There are adrenaline-pumping thrills, including the largest waterpark at sea, and unrivalled ways to chill with more ocean views and pools – one for each day of the week – than ever before, plus a blend of more than 40 new and returning dining, bar and nightlife options, and cutting-edge entertainment.

“Icon of the Seas is the culmination of more than 50 years of delivering memorable experiences and our next bold commitment to those who love to vacation,” said Michael Bayley, president and CEO, of Royal Caribbean International. “Now more than ever, families and friends are prioritizing experiences where they can bond and enjoy their own adventures. We set out to create a vacation that makes all that possible in one place for the thrill-seekers, the chill enthusiasts and everyone in between, without compromise. It’s this first-of-its-kind combination that makes Icon the future of family vacations, and that future is here.”

New Royal Caribbean Galveston Cruise Terminal to Be Zero-Energy Facility

Posted on 15 October, 2022 by Spacejunkie2

Royal Caribbean Group’s new Galveston terminal, which is opening on Nov. 9, will be the first cruise terminal to generate 100% of its needed energy through on-site solar panels. According to a press statement, this makes the terminal, which will be used by the company’s Royal Caribbean International brand, the first LEED Zero Energy facility in the world.

We are focused on innovating across all aspects of our company, especially in our work to advance sustainability in the communities we visit,” said Jason Liberty, president and CEO, of Royal Caribbean Group. “We deeply value both the oceans we sail and the communities we visit and operate in, and the modern design and development features at our terminal in Galveston will work in service of both.”

The new cruise terminal at the Port of Galveston will be the first in Texas to achieve LEED Gold certification, an industry-leading certification expected to be received within the first two quarters of 2023.

The Galveston terminal marks the cruise company’s fourth LEED-certified facility and its first Gold certified. The previous projects include Terminal A at PortMiami; the Springfield, Oregon campus; and the Innovation Lab at Royal Caribbean Group’s corporate headquarters in Miami.

The $125 million, 161,334-square-foot Galveston Cruise Terminal significantly expands the company’s presence in the port, increasing the cruise line’s ability to accommodate up to 630,000 guests annually. The opening of the terminal will mark the first time Galveston welcomes Royal Caribbean International’s signature Oasis Class, the world’s largest cruise ship, with the arrival of Allure of the Seas and the first time the company is bringing its frictionless arrival and departure process to Texas.

Royal Caribbean Proposes Refinancing on High-Interest Debt

Posted on 24 September, 2022 by Spacejunkie2

Independence of the Seas in Southampton, Photo credit Spacejunkie2 (Flickr)

Royal Caribbean Cruises Toady announced that it has commenced a private offering of senior guaranteed notes due 2029 for an aggregate principal amount of $1.0 billion and a concurrent private offering of senior secured notes due 2029, for an aggregate principal amount of $1.0 billion.

The Company intends to use the proceeds from the sale of the Senior Guaranteed Notes and the Senior Secured Notes, together with cash on hand, to redeem all its outstanding 9.125% Priority Guaranteed Notes due 2023 and 10.875% Senior Secured Notes due 2023, respectively, concurrently with the respective closing of the Senior Guaranteed Notes and Senior Secured Notes offerings (including to pay fees and expenses in connection with such redemptions).

The Senior Guaranteed Notes will be guaranteed on a senior unsecured basis by RCI Holdings LLC, which owns 100% of the equity interests of certain of the Company’s wholly-owned vessel-owning subsidiaries.

The Senior Secured Notes will be guaranteed by Celebrity Cruises Inc., Celebrity Cruises Holdings Inc. and certain of the Company’s wholly-owned vessel-owning subsidiaries. The Senior Secured Notes and the related guarantees will be secured by 26 of the Company’s vessels and material intellectual property of the Company in an amount not to exceed permitted capacity under the Company’s existing indebtedness.

The closing of each offering is not contingent upon the closing of the other offering.