In a note about Royal Caribbean reportedly looking to raise additional capital, Wells Fargo Securities ventured the 'likelihood' that the cruise industry will operate, best case, at 25% to 30% of fleet capacity in the second half of 2020.
Royal Caribbean Chairman and CEO Richard Fain's 2019 compensation was worth $14.36m, up from $12.42m the year before.
Royal Caribbean Cruises Ltd. is laying off or furloughing approximately 26% of its more than 5,000 US-based workers.