Royal Caribbean Stock Continues to Hit All-Time Highs. Can the Growth Story Continue?

Cruise lines were among the hardest hit industries during the COVID-19 pandemic. Not only were they essentially not allowed to operate for an extended period of time, but maintaining a fleet of massive ships is a capital-intensive activity. Not surprisingly, most cruise lines saw their debt levels balloon during the pandemic shutdowns, and Royal Caribbean (NYSE: RCL) was no exception.However, to say that Royal Caribbean's rebound has been impressive would be a massive understatement. Thanks to massive demand for cruises, several well-received new ships and innovations, and generally smart leadership, Royal Caribbean's revenue is about 60% higher than it ever was before the pandemic hit.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool