• It's Here!

    Etf Pro

    Get the big financial market moves right, bullish or bearish with Hedgeye’s ETF Pro.

  • It's Here

    MARKET EDGES

    Identify global risks and opportunities with essential macro intel using Hedgeye’s Market Edges.

Takeaway: Asia is the bright spot for RCL and with earnings next Monday, can it lift results?

  • According to our sources, bookings have been hot for RCL’s ships in Asia (Mariner, Voyager, Quantum, Explorer, Legend) and likely above management expectations.
  • Almost all of the shorter dated itineraries have been completely sold out for the year.
  • There are still available cabins for the longer-dated itineraries but they account for only a fraction of RCL’s Asia business.
  • Pricing, on the other hand, have been mixed, with the older fleet underperforming Quantum by a wide margin

CHART OF THE DAY: RCL- HOT ASIA BOOKINGS - 123