Record-Breaking Revenue and Growth
The company delivered the highest quarterly revenue in its history, with adjusted EBITDA reaching approximately $1 billion, a milestone achieved for the first time. Adjusted EPS came in at $1.20, exceeding guidance by $0.06.
Strong Demand and Booking Trends
Bookings in the third quarter marked the strongest in company history, up over 20% from last year, with this trend continuing into October. This was driven by strong demand for short Caribbean sailings and luxury brands.
Successful Cost Control Initiatives
Adjusted net cruise cost ex fuel was essentially flat year-over-year, resulting in a 220 basis point improvement in adjusted operational EBITDA margin from the previous year.
Sustainability Initiatives
The company announced a landmark agreement with Spain's Repsol for supplying renewable marine fuels at the Port of Barcelona, underscoring its commitment to sustainability.