Royal Caribbean Expects Strong Earnings Growth by 2028

Royal Caribbean Group is poised for a major boost in earnings by 2028, driven by the addition of new ships, expanded offerings from its river cruise line, new beach clubs, and the launch of Perfect Day Mexico, according to CEO Jason Liberty during the company’s Q2 2025 earnings call.

The company is already outperforming its "Perfecta" plan, surpassing its goal of 20% compound annual growth.

Highlighting the brand’s pricing strength, Royal Caribbean President Michael Bayley noted that premium cabanas at the upcoming Royal Beach Club on Paradise Island—set to debut later this year—are commanding as much as $10,000 for a single day.

Royal Caribbean currently brings approximately three million visitors to Nassau annually. Bayley anticipates that around one million of those guests will experience the new beach club, and expects demand to exceed capacity, enabling the use of dynamic pricing.

Liberty emphasized strong consumer demand, with guests spending confidently and bookings steadily increasing throughout the year. He also noted that value remains a key factor for travelers, with loyalty program members accounting for 40% of the company's guests.

Looking ahead, Liberty affirmed that 2025 is shaping up to be another record-breaking year for the group.