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Royal Caribbean Cruises Ltd. (RCL) Q2 2025 Earnings Name Transcript
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Royal Caribbean Cruises Ltd. (RCL) Q2 2025 Earnings Name Transcript

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Last updated: July 29, 2025 7:53 pm
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Published: July 29, 2025
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Royal Caribbean Cruises Ltd. (NYSE:RCL) Q2 2025 Earnings Convention Name July 29, 2025 10:00 AM ET

Firm Individuals

Blake Vanier – Company Participant
Jason T. Liberty – President, CEO & Director
Michael W. Bayley – President & CEO of Royal Caribbean Worldwide
Naftali Holtz – Chief Monetary Officer

Convention Name Individuals

Benjamin Nicolas Chaiken – Mizuho Securities Co., Ltd., Analysis Division
Brandt Antoine Montour – Barclays Financial institution PLC, Analysis Division
Conor T. Cunningham – Melius Analysis LLC
Matthew Robert Boss – JPMorgan Chase & Co, Analysis Division
Robin Margaret Farley – UBS Funding Financial institution, Analysis Division
Steven Moyer Wieczynski – Stifel, Nicolaus & Firm, Included, Analysis Division
Vince Charles Ciepiel – Cleveland Analysis Firm LLC

Operator

Good morning. My title is Regina, and I might be your convention operator at present. Right now, I want to welcome everybody to the Royal Caribbean Group Second Quarter 2025 Earnings Name. [Operator Instructions]

I’d now prefer to introduce Blake Vanier, Vice President of Investor Relations. Mr. Vanier, the ground is yours.

Blake Vanier

Good morning, everybody, and thanks for becoming a member of us at present for our second quarter 2025 earnings name. Becoming a member of me right here in Miami are Jason Liberty, our Chief Government Officer; Naftali Holtz, our Chief Monetary Officer; and Michael Bayley, President and CEO of the Royal Caribbean model. Earlier than we get began, I would like to notice that we’ll be making forward-looking statements throughout this name. These statements are primarily based on administration’s present expectations and are topic to dangers and uncertainties.

A lot of elements may trigger precise outcomes to vary materially from our present expectations. Please discuss with our earnings launch issued this morning in addition to our filings with the SEC for an outline of those elements. We don’t undertake to replace any forward- wanting statements as circumstances change. Additionally, we are going to

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