jobinseattle Posted March 27 #1 Share Posted March 27 With all these big fancy ships I am sure they cost a pretty penny to build. How long do you think they are in service before turning a profit? Thanks Link to comment Share on other sites More sharing options...
Biker19 Posted March 27 #2 Share Posted March 27 1 hour ago, jobinseattle said: How long do you think they are in service before turning a profit? Only the RCI bean counters know the ship level financial details - everything else is a WAG. 1 Link to comment Share on other sites More sharing options...
jobinseattle Posted March 27 Author #3 Share Posted March 27 39 minutes ago, Biker19 said: Only the RCI bean counters know the ship level financial details - everything else is a WAG. Now that I thought about it, that probably is a insider secret only a few actually know. Link to comment Share on other sites More sharing options...
Biker19 Posted March 27 #4 Share Posted March 27 1 minute ago, jobinseattle said: Now that I thought about it, that probably is an insider secret only a few actually know. The SEC filing for RCL usually lists the mortgage on each ship and from that you can make a WAG. 1 Link to comment Share on other sites More sharing options...
instaGator Posted March 27 #5 Share Posted March 27 Other people have already done the WAGs. The beauty of the ship builder provided financing is that the new ships will turn a profit from day one. Here are some links with good info: https://www.cruzely.com/the-3-4-million-per-day-cruise-ship-estimating-how-much-icon-of-the-seas-earns/ https://www.royalcaribbeanblog.com/2022/08/01/heres-how-much-royal-caribbean-makes-each-passenger https://www.offshore-energy.biz/royal-caribbean-scores-usd-3-bn-loan-for-icon-duo/ 1 Link to comment Share on other sites More sharing options...
Cigar King Posted March 27 #6 Share Posted March 27 Link to comment Share on other sites More sharing options...
chengkp75 Posted March 27 #7 Share Posted March 27 At double occupancy typically the cruise fares cover all the overhead. Onboard spending provides the profits Link to comment Share on other sites More sharing options...
Rare Oceansaway17 Posted March 27 #8 Share Posted March 27 It is called fancy accounting and no one person may understand it all. Link to comment Share on other sites More sharing options...
Robo1098 Posted March 27 #9 Share Posted March 27 At the current pricing I wouldn't worry about the profit margin. I would worry about the sustainability at the current pricing. 2 Link to comment Share on other sites More sharing options...
nelblu Posted March 27 #10 Share Posted March 27 Positive cash flow is king. Link to comment Share on other sites More sharing options...
Eddie Wilson Posted March 28 #11 Share Posted March 28 Five out of four Americans have trouble with fractions. Eddie 1 Link to comment Share on other sites More sharing options...
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