Perfect Day at CocoCay Driving Revenue at Royal Caribbean

Royal Caribbean International plans to take 2.5 million guests to Perfect Day at CocoCay in 2023 as the company’s private island in the Bahamas has become a major selling point on itineraries.

“The pricing premiums continue to be really robust, and the spend on the island continues to be really robust as well,” said Michael Bayley, president and CEO, of Royal Caribbean International, speaking on the company’s first-quarter earnings call.

Bayley said the company had about 250,000 guests disembark at Perfect Day in March.

Naftali Holtz, CFO, added: “The booking strength has been particularly evident on Caribbean sailings where our superior hardware and Perfect Day at CocoCay continue to be a winning combination.”

Holtz said that these itineraries are driving outsized yield and pricing growth.

“As we’ve increased the volume, we’ve seen no decline in the power of the pricing. And in fact, it continues to accelerate. With Hideaway Beach, that will accommodate approximately 2,500 more guests,” added Bayley.

The new Hideaway Beach area at Perfect Day is slated to open later this year ahead of the debut of the Icon of the Seas, which will call at Perfect Day weekly on its roundtrip Miami cruises.

“We’ve also got Utopia coming online in June (2024),” said Bayley. “We haven’t announced the deployment, but Utopia will also be going to Perfect Day. There’s a lot of demand for that particular product in any of our ships that have Perfect Day on their itinerary demanded, and there’s a strong pricing premium that we see there.”

Icon of the Seas Generating ‘Exceptional Demand’

When the new Icon of the Seas debuts in 2024 for Royal Caribbean International, she will become the world’s biggest ship and is already breaking sales records.

“Despite being on sale for only five months, Icon is significantly more booked for her inaugural season at materially higher rates than any other Royal Caribbean ship launch,” said Jason Liberty, president and CEO of Royal Caribbean Group, speaking on the company’s first-quarter earnings call.

“The Icon will join the fleet later this year and debut in the Caribbean in January 2024, with itineraries including Perfect Day at CocoCay and its new expansion, Hideaway Beach.”

Michael Bayley, president and CEO of Royal Caribbean International, added: “Icon is literally the best-performing new product launch we’ve ever had in the history of our business, and we’re delighted with volume and rate, and that really is a full 2024 product … it’s really driving a huge amount of demand and a great rate.”

Following the Icon, the company has another Oasis-class ship coming in 2024, the Utopia of the Seas, plus two more Icon-class vessels, set to debut in 2025 and 2026, respectively.

Royal Caribbean’s Wonder of the Seas Arrives in Port Canaveral

Following a full summer program in Europe, Royal Caribbean International’s Wonder of the Seas is debuting in Port Canaveral today.

Returning to the United States after first debuting in March, the Royal Caribbean International vessel is wrapping up a 14-night trans-Atlantic.

Ahead of its first complete season in the Caribbean, the two-week repositioning cruise sailed from Barcelona. It included visits to four additional ports in Spain: Palma de Mallorca, Valencia, Cartagena and Malaga.

Before arriving in Florida, the vessel also paid a visit to Nassau, the Bahamas.

Now set to sail from Port Canaveral on a weekly basis, the Oasis-Class ship will offer a year-round schedule of cruises to both the Western and Eastern Caribbean.

For its first sailing from Central Florida, the Wonder offers a seven-night itinerary to the Eastern Caribbean.

In addition to three full days at sea, the voyage features visits to St. Thomas, St. Maarten and Perfect Day at CocoCay.

A highlight of the deployment, the Royal Caribbean International private island in the Bahamas is set to be featured on most of Wonder’s cruises.

Other destinations set to be visited by the 5,448-guest ship include Cozumel, Costa Maya, Roatán, Labadee, San Juan, Falmouth and more.

Built-in 2022, the Wonder is the latest vessel in the company’s Oasis Class and debuted as the world’s largest cruise ship.

Following the 2009-built Oasis of the Seas, the 2010-built Allure of the Seas, the 2016-built Harmony of the Seas and the 2018-built Symphony of the Seas, the vessel debuted new features, such as a lineup of more than 20 dining venues that include the all-new The Mason Jar Southern Restaurant & Bar.

With a menu of Southern staples and new twists on classics, the venue offers live music, a collection of more than a dozen American whiskey and more.

Completing the ship series, a sixth Oasis-Class vessel, the Utopia of the Seas, is set to debut in 2024.