Royal Caribbean Blog

The tide has finally changed for Royal Caribbean Group's bottom line.

Royal Caribbean Group posted better than expected earnings for the third quarter of 2022 with a total revenue of $3.0 billion and net income of $33 million and Adjusted EBITDA (Earnings before interest, taxes, depreciation, and amortization) was $742.3 million.

Revenue hitting $3 billion is the highest since the third quarter of 2019.

The change comes as demand for cruise vacations surges following the global health crisis. The cruise line's occupancy rate was 96%, more than double the 36% level in the year-ago quarter.

Royal Caribbean Group CEO Jason Liberty called the third quarter "better than expected", "Last quarter's better than expected performance was a result of the continued robust demand environment and strong execution by our teams."

"The combination of our leading global brands, the best and most innovative fleet in the industry, our nimble global sourcing platform and the very best people have delivered a successful return of our business to full operations and positions us well to deliver record yields and adjusted EBITDA in 2023."

As expected, total revenues per passenger cruise day were flat as reported and up 1%.

Third quarter by the numbers

Load factors (meaning how full were the cruise ships) in the third quarter were 96% overall, with Caribbean sailings reaching almost 105%.

Royal Caribbean Group expects fourth quarter load factors to be similar to third quarter overall, and to reach triple digits by year-end.

Booking volumes in the third quarter accelerated versus the second quarter of 2022 and remained significantly higher than booking volumes received in the third quarter of 2019 for all future sailings.

Bookings update

Booking volumes in the third quarter were significantly higher than the corresponding period in 2019, because Covid-19 testing and vaccination protocols were eased.

The company said its customers continue to make their cruise reservations closer to sailing than in the past, resulting in about 50% more bookings in the third quarter for current year sailings when compared to the third quarter of 2019. 

While 2022 bookings remain strong and on pace to achieve occupancy targets, the most notable change has been a substantial acceleration in demand for 2023 sailings.

Booking volumes for 2023 doubled during the third quarter when compared to the second quarter and were considerably higher than bookings for 2020 sailings during the comparable period in 2019, the highest in company history.

As of September 30, 2022, the Group's customer deposit balance was $3.8 billion, reflecting typical seasonality as peak summer sailing deposits have been recognized in revenue. In the third quarter, approximately 95% of total bookings were new versus FCC redemptions.

A look at 2023

For 2023, all quarters are currently booked well within historical ranges at record pricing.

While still early in the booking cycle, the view for 2023 is encouraging and the company expects a return to historical load factors in early summer, record yields and adjusted EBITDA for 2023.

The company expects to benefit from lower transitory expenses and accelerating benefit from actions taken to improve margin while partially mitigating continued inflationary pressures expected to persist through the first half of 2023.

Trifecta program

Royal Caribbean Group announced a new three-year plan it hopes will get it back to maximum profitability.

The Trifecta Program has three main goals to be achieved by the end of 2025:

• Triple Digit Adjusted EBITDA per APCD, to exceed prior record Adjusted EBITDA per APCD of $87 in 2019.
• Double Digit Adjusted Earnings per Share to exceed the prior record Adjusted Earnings per Share of $9.54 in 2019.
• Return on Invested Capital ("ROIC") in the teens to exceed the prior record ROIC of 10.5% in 2019 through optimizing capital allocation and enhancing operating income.

The company plans to achieve these goals through a formula of moderate capacity growth, moderate yield growth, and strong cost controls, all while ensuring disciplined capital allocation, investing in the future and improving the balance sheet.

With few exceptions, Royal Caribbean has dropped its pre-cruise testing requirements across the board.

Royal Caribbean sent out an update on Wednesday with new protocols that have removed the need to conduct a pre-cruise Covid-19 test, even if you are unvaccinated.

"Effective November 2, 2022, all travelers on U.S. sailings — regardless of vaccination status — will no longer require pre-departure testing (excludes sailings to Colombia, Haiti, & Honduras)." Cruises from Australia are also not included in this policy change.

Travel agents and guests were notified of the change in policy.

Prior to this change, unvaccinated guests had to take a Covid-19 test before their cruise. Fully vaccinated guests and guests ages 11 and younger are exempt.

Royal Caribbean recommends guests be fully vaccinated and boostered against Covid‐19. While vaccination is not required, they kindly ask passengers to disclose their vaccine status during check-in.

A guest is considered fully vaccinated 14 days after the required number of doses in their vaccine series have been fully administered (e.g. 2 shots of Pfizer, Moderna, AstraZeneca, etc., or 1 shot of Johnson & Johnson). Vaccines must be approved for use by the WHO or U.S. FDA, with the exception of CanSino.

Pre-cruise testing remains for certain itineraries

If your Royal Caribbean cruise visits Labadee, Roatan, or somewhere in Colombia, then unvaccinated will still need to test.

Guests age 12 and up who are not fully vaccinated have 3 days to take a test before their cruise, regardless the duration of the cruise.

Guests under the age of 12 do not have any testing requirements.

Accepted Tests

Guests can take advantage of in-person, telehealth, and self-swab tests. This includes unsupervised testing.

Proof of a negative test can be the printed or digital results, a clear photo of your self-test result, or your actual self-test in hand.

Another relaxation of policy

This is one of many changes in Royal Caribbean's approach to Covid-19, which has steadily seen health protocols erode in order to be closer to other forms of leisure travel. Airplanes, theme parks, casinos, and hotels no longer require any such Covid protocols and have not had any requirements for months.

Royal Caribbean Group CEO Jason Liberty spoke about the change during an earnings call with investors earlier this year and said the change is a move to be more like other forms of leisure travel, such as theme parks, casinos, or air travel. 

"We are continuing to adapt our protocols to align more closely with how the rest of society and other travel and leisure businesses are operating."

"This means that we're transitioning to the point where everyone will be able to vacation with us while always working with our destination partners to meet their regulations."

When Royal Caribbean resumed cruises in 2021, Covid-19 protocols were a major component to the onboard experience.

Since September 2022, all travelers, regardless of vaccination status, were able to cruise on most itineraries, as long as they meet testing requirements to board.

Since then, more itineraries opened up to unvaccinated cruisers.

In the past when Royal Caribbean relaxed travel requirements, they've reinforced their ships are still a step ahead of other travel in terms of protocols, "We continue to maintain additional layers of protection that far exceed any other vacation experience. This includes vaccination of all crew and keeping them up to date with boosters when eligible, routine surveillance of all crew, enhanced testing and treatment capabilities in our onboard medical centers, and much more."

Maybe you will be able to book shows for your Royal Caribbean cruise before the sailing begins after all.

Guests are reporting seeing the option to pre-book select entertainment on at least the Oasis Class cruise ships later this year.

Prior to the cruise industry shutdown in 2020, Royal Caribbean allowed passengers to pre-book stage shows before the cruise via the Cruise Planner website.

Pre-booking entertainment has not returned since Royal Caribbean cruises restarted in June 2021.

Reversing a change?

In late September, Royal Caribbean informed travel agents that they would not bring back the option to book shows before the cruise.

As we continue to shape the future of cruising, a few experiences may look a bit different to some of your clients. With this, we will no longer be accepting pre-bookings for onboard entertainment. All guests who would like to attend our entertainment onboard must book these at the Box Office or on the App once onboard.

There was no mention of exceptions.

Royal Caribbean has made no new announcement or confirmation of a policy change.

Some ships have option to pre-book shows

In the last week or so, many Royal Caribbean cruisers have reported being able to pre-book shows when visiting the Cruise Planner website.

Thus far, the option to pre-book as not appeared in the Royal Caribbean app.

RoyalCaribbeanBlog readers started to share the change on the RoyalCaribbeanBlog forums that the option has re-appeared once more.

Based on reader reports, the option is available on the Oasis Class cruise ships beginning for sailings in December 2022.

A notice on the Cruise Planner indicates the option is available for:

• Allure of the Seas
• Anthem of the Seas
• Harmony of the Seas
• Navigator of the Seas
• Oasis of the Seas
• Odyssey of the Seas
• Ovation of the Seas
• Symphony of the Seas

Wonder of the Seas isn't on the list, but plenty of cruisers have reported being able to book shows for December sailings.

Thus far, it appears to be primarily December 2022 cruises that have the option, but it's possible more sailings could be added later.

Reader reaction

The early reaction from readers has been a sense of surprise mixed with confusion as why the policy has seemingly changed so quickly.

CruzOnBye was able to take advantage of this option, "We’re on Odyssey in December and can now reserve The Book in Two70 and also the Zone Zero activity so that’s nice!"

"As a planner this is my biggest frustration of no longer being able to do. But hey, I save time not doing the old school muster drill, so that time is now taken up running around making reservations," said Vancity Cruiser.

"This is the kind of thing Royal really needs to improve," NotPayinExtra posted. "What is there problem with communication? Just tell us already. Limited time booking online or not? "

CruiseGus preferred not having this option back, "I for one really liked the you could not book until you got on board. The major problem with the way they do it, in the App is even if you cancel a show ahead of time because you want to change it, you are lock out from re-booking so you have to go to guest services or see someone"

We now know when Royal Caribbean will open up the first set of new 2024-2025 bookings.

While not complete, we have our first look at when Royal Caribbean will release new sailings to book.

Royal Caribbean typically releases new sailings twice per year: in the fall and again in the spring.

The partial deployment schedule will cover Alaska, Hawaii, Europe, and Caribbean sailings.

• Week of November 7, 2022: Alaska & Hawaii
• Week of November 14, 2022: Europe
• Week of December 12, 2022: Year-round/Summer Caribbean

This is in addition to the Icon of the Seas sailings already released for 2024-2025.

Royal Caribbean promises more release dates will be announced soon for other Fall 2024 - Winter 2025 sailings.

All itineraries are subject to change without notice.

What is a deployment schedule?

The deployment schedule is the plan for when Royal Caribbean will open select sailings for sale.

There is no indication of which day, just the week the new itineraries will become available to book, but it could be on any day of the noted week.

Guests will commonly misconstrue the new cruises to come out on the exact day, rather than at some point during the week.

When the new sailings are available, it is common for the new itineraries to be entered into the booking system first, and the website second. This means in some cases cruises are bookable earlier if booked over the phone or with a travel agent, even if they do not appear on the website.

What should you do now to prepare?

If you are in the market for a cruise during one of these new deployments, you will want to keep an eye out for once cruises go on sale.

Royal Caribbean typically allows Crown and Anchor Society members a 24 hour head start on the general public, but since anyone can sign up for Crown and Anchor Society, there is no excuse for waiting.

Talk with your travel agent in the days leading up to the new deployments coming online so you can jump on specific bookings and book them.  

One of the best strategies for the lowest prices is to book a cruise as soon as it goes on sale.  Hard-to-find staterooms are also available during this period, so now is the time to lock in a studio room or a suite.

Planning on booking a cruise in 2024-2025? These stories will help:

• What is the best time to cruise to the Caribbean?
• 7 tips for a great Mediterranean cruise
• What is the best time to cruise to Alaska?
• What is the cheapest month to go on a cruise?

Royal Caribbean's unlimited dining package won't be as unlimited as it has been in the past.

The terms and conditions for Royal Caribbean's unlimited dining package have been updated to add a daily limit to the a la carte restaurants where guests pay per item.

On the Cruise Planner website, some sailings now show an update for the a la carte pricing, "For restaurants with a la carte pricing, you’ll receive a $20 food credit, which can only be used once a day."

Prior to this change, there was no limit at a la carte restaurants and guests could return to any a la carte restaurant on the same day and get another $20 per person credit.

Examples of restaurants with a la carte pricing include Playmakers and Portside BBQ.

In the past, the $20 per person credit was determined by your seating. Once the check was closed out, you were free to return and start a new tab with another round of $20 credit.

There's been no change to Izumi sushi, which still carries a $34.99 food credit or the option to use the prixe fixe menu.

Similarly, there's been no change to specialty restaurants that have a cover charge, where guests can enjoy unlimited visits to specialty dining restaurants every night of your sailing and lunch on sea days.

Dining packages have become very popular with cruise fans, who enjoy the ability to dine at as many specialty restaurants as they like for a fixed price.  With Royal Caribbean rolling out new specialty dining concepts in recent years, the focus on specialty dining has been greater than in years past.

Read more: Is food included on a Royal Caribbean cruise?

Izumi hibachi price change

In addition to the change in policy related to the a la carte restaurants, it looks like the cost to eat at Izumi hibachi is going up as well.

The policy now lists a $15 surcharge for dining package guests to eat at hibachi, instead of $10.

Teppanyaki dining at Izumi is one of the most popular specialty restaurants on any Royal Caribbean ship. Reservations often are sold out by the first day of the cruise, if not earlier.

Why did Royal Caribbean make this change?

There's no official word why Royal Caribbean added a limit of one use per day for the fixed price menu.

Based on my own experience with the unlimited dining plan, it's possible this change was made to cut down on guests overusing the package benefits at restaurants such as Playmakers.

Being a sports bar, often guests may linger at the bar to watch more than one game, or return later on for the evening game and order more food.

It's also possible this was meant to reduce crowding at these locations.

How the unlimited dining package works

Royal Caribbean introduced the unlimited dining package in 2019 to replace the Ultimate Dining Package and it allows guests to enjoy their meals at specialty restaurants as many times as they’d like, based on availability.

Guests are not able to make reservations for specialty dining before the cruise when they have a dining package. Instead, they must wait until they got onboard a ship to make reservations.

Once at the restaurant, all the guest has to do is inform their waiter that they have a dining package and the waiter can then verify it and charge it appropriately.

There are a few exceptions to what is included with the dining packages: Teppanyaki/Izumi Hibachi is included, with a $15 surcharge, and Chef's Table is included, with a $49.99 surcharge.

It's not included with premium dining experiences, such as Wine Pairings Dinners, Taste of Royal, Mystery Dinner Theater, Culinary Activities, and Holiday Celebration Dinners.

Dining packages do not include room service, mini bar, or restaurants at Perfect Day at CocoCay.

Royal Caribbean wants families to look no further than a vacation on Icon of the Seas.

In order to appeal to families, Royal Caribbean went beyond the amenities it had dedicated to children and their parents on other cruises by creating an entire section of the ship for young families to enjoy all day, every day.

Royal Caribbean hopes Icon of the Seas will appeal to families that prefer a land-based vacation because there are so many elements of a land trip on this ship.

The thought of taking your kiddos on vacation can be daunting, but Royal Caribbean is making waves in family travel by creating an immersive, expansive area for seaside adventures with the Surfside Neighborhood.

I dug through what Royal Caribbean revealed recently about Surfside to give you the splash-tastic fun you’ll find in the very first Surfside Neighborhood.

Splash

The Surfside Neighborhood was inspired by young families - encouraging exciting play and ultimate relaxation in the same beautiful space.

Kiddos ages 6 and under can swim to their hearts content in Splashaway Bay and Baby Bay, loaded with a myriad of ways to play. Adults can keep a watchful eye on their little ones from the comfort of the adjacent adult infinity pool, Water’s Edge. It is located at the aft of the ship, complete with in pool lounge chairs and gorgeous views of the ocean.

This pool area is not just a place to swim, it’s a full blown family experience with exciting slides and engaging water play areas.

Play

While the name Surfside is synonymous with aquatic adventures, there’s also plenty of dry fun to be had as well.

Right by the three pool areas is a uniquely imagined carousel, arcade for all ages, and a thematic play place with a dry slide.

Also located in this neighborhood are Adventure Ocean and Social020. Adventure Ocean is Royal Caribbean’s young cruisers club filled with games, crafts, and even party time that’s supervised by skilled staff your kiddos will love.

Social020 is the teen space on deck where your older kids can make new friends while enjoying a place all their own (but heavily supervised by ship staff, of course).

If you happen to be headed to Surfside from Central Park, don’t take the stairs, drop on down using the slide that connects the two areas!

Dining

No neighborhood is complete without delicious places to drink and eat!

The first bar announced in the Surfside neighborhood is The Lemon Post, a bar located adjacent to Splashaway Bay, aimed at quenching the thirst of sailors of all ages.

This colorful hangout will have its own unique drink menu with mouth-watering mixes like Watermelon Hibiscus Lemonade - fresh-squeezed lemonade, watermelon juice, pineapple hibiscus syrup, Ketel One Botanical Grapefruit & Rose, and soda water.

Early ship renderings also hint at quick-service dining areas: Bites – a grab-and-go food station similar to Wipeout Café or Mini Bites found on your favorite Oasis-class ships, Surfside Eatery, Sugar Beach – an ice cream, candy and treat shop, and another unnamed location near the arcade.

Cabins

Surfside aims to be a neighborhood you and your family can enjoy throughout your entire vacation, which includes newly-imagined, Surfside adjacent staterooms for families both large and small.

Read more: Guide to Icon of the Seas cabins and suites

The Ultimate Family Townhouse is a mind-blowingly epic, 3-story stateroom extraordinaire that features its own back yard with a private entrance into Splashaway Bay. You heard that right, this stateroom has a back yard.

You’ll enjoy private balconies on the 2nd and 3rd levels, and a slide that transports you in the most awesome way possible from top to bottom. Inside this ship-tastic mini mansion, there are tons upon tons of ways for your family to make incredible memories, including a cinema room for late-night movie marathons, an interactive dining table for dinner time fun, and even a whirlpool for when you want to soak it up in the solitude of your stateroom.

This amazing accommodation is 1772 sq. ft., sleeps 8 guests, and enjoys all of the benefits of Star Class suites, including the private genie service for making your cruise wishes come true.

The Surfside Family Suites are also a new suite style that overlook the Surfside neighborhood. This luxurious accommodation is a 1.5 bedroom suite that sleeps up to 4, complete with a bedroom and special kids’ nook space with a pullout couch.

In this suite, you’ll also find a split bathroom and a private balcony accessible via a convertible partition in the bedroom. Guests residing in this suite enjoy the benefits of Sky Class.

The Surfside Family View Balcony is reminiscent of the beloved Promenade Balcony rooms you might be familiar with on sister ships in the Royal Caribbean fleet, as it has a private balcony overlooking the Surfside fun and festivities. This lovely room is 196 sq. ft. with a seating area and sofa bed, perfect for up to 4 guests wanting a view of the pool and play areas they’ll be conquering during their cruise adventures. 

Lastly, we have the Surfside Family Interior stateroom with a window overlooking the Surfside fun below. Inside, you’ll find a quaint seating area next to the bed, which can either be a royal king bed or split into two beds that sleep up to 4 within the 187 sq. ft. dimensions.

When you’re ready for some seaside fun in the sun, the Surfside neighborhood is ready to welcome your entire family for splashes and giggles galore on the boldest ship to hit the high seas – Icon of the Seas.

Time is running out of 2022, but there are going to be plenty of cruises in November to look forward to before the month ends.

November marks the beginning of the peak Caribbean cruise season, with many ships beginning their repositioning to North America after a summer in Europe.

Hopefully this article shares with you what you need to know about going on a Royal Caribbean cruise in the month of November, with important news, tips, and helpful information along the way.

November is a month dichotomies: the first half of the month is traditionally a less in-demand time to cruise, with some great cruise deals to be found, while the second half of the month transitions into higher demand with the Thanksgiving holiday in the United States. Nonetheless, there can be excellent deals to be found, even at the last minute.

November is also the very end of hurricane season in the Caribbean. 

Technically, hurricane season ends on November 30, so there is still a chance of a tropical disturbance impacting your sailing. Storms this late in the season are rarer, but not unheard of, so keep tracking storms leading up to your sailing.

Ships sailing in November 2022

All of Royal Caribbean's cruise ships are back in service, and Royal Caribbean has returned for the first time to Australia since 2019.

Royal Caribbean's cruises down under this season will offer 2- to 12-night cruises to Australia, New Zealand and the South Pacific.

Here's where you can find each ship this month.

• Freedom of the Seas from Miami, Florida
• Anthem of the Seas from Cape Liberty, New Jersey
• Allure of the Seas from Galveston, Texas beginning November 13.
• Symphony of the Seas from Miami, Florida
• Independence of the Seas from Port Canaveral, Florida
• Harmony of the Seas from Port Canaveral, Florida
• Mariner of the Seas from Port Canaveral, Florida
• Liberty of the Seas from Fort Lauderdale, Florida
• Adventure of the Seas from Galveston, Texas
• Explorer of the Seas from Miami, Florida
• Navigator of the Seas from Los Angeles, California
• Spectrum of the Seas from Singapore
• Grandeur of the Seas from Miami, Florida
• Enchantment of the Seas from Baltimore, Maryland
• Radiance of the Seas from New Orleans, Louisiana
• Serenade of the Seas from Tampa, Florida
• Voyager of the Seas from San Juan, Puerto Rico
• Quantum of the Seas from Brisbane, Australia
• Ovation of the Seas from Sydney, Australia
• Oasis of the Seas from Miami, Florida
• Brilliance of the Seas from Tampa, Florida
• Wonder of the Seas from Port Canaveral, Florida
• Odyssey of the Seas from from Fort Lauderdale, Florida
• Vision of the Seas from Fort Lauderdale, Florida
• Rhapsody of the Seas from Bridgetown, Barbados
• Jewel of the Seas from Port Canaveral, Florida

Not only will ships begin sailing in Australia, but Royal Caribbean will commence cruises from Bridgetown, Barbados.

Another big change for Royal Caribbean will be the opening of its new cruise terminal in Galveston, Texas.

The $125 million, 161,334-square-foot Galveston Cruise Terminal significantly expands Royal Caribbean’s presence in the city, increasing its ability to welcome up to 630,000 guests each year.

The new terminal opens on Nov. 9, 2022, which also marks the arrival of Allure of the Seas. For the first time, Texas will be home to an Oasis Class ship, which are the largest ships in the world.

Health protocols for November 2022 cruises

Royal Caribbean's health protocols for November are fairly similar to the protocols from October.

Vaccinated guests do not need to take a test for sailings of 9 nights or fewer for cruises from North America and the Caribbean.

On sailings of 10 nights or longer, fully vaccinated guests age 12 and older will need to bring a negative test result for a COVID-19 test within 3 days before boarding day.

Guests age 12 and up who are not vaccinated have 3 days to take a test before their cruise, regardless the duration of the cruise.

Guests under the age of 12, do not need to take a test prior to cruising.

Cruises from Australia

All guests aged 2 and above, regardless of vaccination status, must present a negative test result for a COVID-19  PCR test taken within 2 days before boarding day, or a self-administered Rapid Antigen Test (RAT) within 1 day before boarding, for sailings of any length.

Required testing for all guests can be completed using a PCR test administered at a private laboratory, or any self-administered Rapid Antigen Test (RAT). Rapid Antigen Tests are not required to be administered under live video supervision.

You will be required to present the negative test result at the time of boarding.  You can show it in the form of a printout or email if taking a PCR test.  Or if taking a RAT, you can show a picture of your negative RAT test on your phone, or present the actual negative test itself.

Guests under 2 years of age do not require testing.

Cruises from Singapore

Unvaccinated guests age 5 - 11 must present a negative test result for a COVID-19 antigen or PCR test taken within the 3 days before boarding day, for sailings of any length.

Fully vaccinated guests age 12 and older, do not have any pre-cruise testing requirements for sailings of 9 nights or less. On sailings of 10 nights and longer, fully vaccinated guests must present a negative test result for a COVID-19 antigen or PCR test taken within the 3 days before boarding day. Kids age 11 and younger who have been vaccinated may follow the testing protocols for vaccinated guests.

Guests ages 12 and older who are not up-to-date must present a negative test result for a COVID-19 antigen or PCR test taken within the 3 days before boarding day.

Required testing for all guests can be completed using any type of PCR or antigen COVID-19 test. It can be professionally proctored at your doctor or drugstore, or it can be a test you administer to yourself at home without supervision.

Guests who are not up to date with their vaccination, must ensure they have a valid medical reason for the exemption and must be approved by a medical provider. The validity of the exemption is also subject to ship Medical Doctor approval. Handwritten medical exemptions will not be accepted.

Guests under 5 years of age do not need to complete a pre-cruise test.

Everyone should review the full list of protocols related to where and when you need to wear a mask, vaccinated-only guest areas of the ship, and more on Royal Caribbean's website.

November weather on a cruise

While it may start getting chilly where you live, temperatures in the Caribbean remain steady, with a range in the 70s-80s.

The end of the rainy season comes in November, so storms are not unheard of, especially since hurricane season does not end until the end of the month.

According to data from NOAA's Atlantic Oceanographic and Meteorological Laboratory, for the years from 1851 to 2018, 47 total hurricanes have formed in November and only five of those made landfall in the United States.

Of course, Mother Nature does not follow a calendar, so there are no guarantees when bad weather could or could not occur.

Just like other times of the summer and fall, your best bet is to assume a passing shower or storm, but not an all-day rain out. Packing a poncho or rain coat/windbreaker would allow you to quickly adapt to a storm. 

Thanksgiving on Royal Caribbean

If your cruise happens to sail over the Thanksgiving holiday, you can expect the celebration to extend onboard as well.

Royal Caribbean gets into the spirit of the holiday with fall color decorations around the ship on Thanksgiving sailings, and even a few special events such as Thanksgiving trivia games, and special cocktails.

Of course, there will be plenty of turkey offerings. The main dining room menu will have its regular menu, as well as a special Thanksgiving menu you can order from that has the traditional foods available.

Football games will be available to watch in the bars and screens around the ship.

And in case you are wondering, Christmas decorations start going up around this time, but it varies by ship.  Some ships don't start putting them up until after Thanksgiving.  This can vary by ship and year-to-year.  Some ships doing early December. 

Royal Caribbean Group will release its third quarter earnings later this week, which is an opportunity to gain insight into what the cruise giant has planned next.

Royal Caribbean Group will release its third quarter 2022 earnings on Thursday, November 3, 2022. They'll subsequently hold a conference call with Wall Street analysts to discuss the results in greater detail.

There will be a lot of data and figures shared on Thursday, including tidbits of information of interest to cruise fans. The earnings report and call are meant for investors, but there will be things talked about during the call that cruise fans may care about because it speaks to the future of the cruise line.

The earnings call is held with Royal Caribbean Groups' top executives, including Royal Caribbean Group CEO Jason Liberty and Royal Caribbean International CEO Michael Bayley.

In the past, executives have talked about policy changes, new projects, and updated work that has otherwise not been publicly talked about. This is often one of the best times to get updates and answers without having them directly asked by cruisers.

It's impossible to know in advance which questions will get answers, but here is a wish list of questions cruise fans are eager to hear about during this week's earnings call.

Return to profitability?

At the last earnings call in July, it seemed the third quarter would be a turning point in terms of making some real money again and beginning to erode the debt accrued during the last two years.

Executives said they expected to be profitable by the third quarter.

Royal Caribbean Group Chief Financial Officer Naftali Holtz said back in July, "For the third quarter, and based on current currency exchange rates, fuel rates and interest rates, we expect to generate $2.9 to $3 billion in total revenues."

"Adjusted EBITDA (Earnings before interest, taxes, depreciation, and amortization) of $700 to $750 million and adjusted earnings per share of $0.05 to $0.25."

That is of course a forecast and things could change, but Wall Street will be hyper focused on how profitable (or not) the company was this quarter.

Certainly Royal Caribbean Group has had the benefit of having all of its ships back in service and they've said they planned to ensure as many passengers as possible could be onboard, expanding margins, and managing their balance sheet.

"When our business is fully operational, it generates significant cash flow. We are confident in our ability to continue on our recovery as we build the future of the Royal Caribbean Group," said Mr. Holtz during the last call.

How full will cruise ships will be this winter?

Royal Caribbean has been sailing with its ships at full capacity for months, so will that trend continue into the winter months?

Capacity is critical to Royal Caribbean's profitability, and how full their ships are is an indicator of the overall health of their business.

Mr. Holtz talked about how busy the third quarter was expected to be in last quarter's call, "Overall, we expect load factors of approximately 95% for the third quarter and triple digits by the end of the year."

"We have been sailing at above 100% in the Caribbean since mid-June, and most of our other North American base itineraries are now averaging about 100%."

The Caribbean market has been incredibly strong for Royal Caribbean Group, although other markets have been a bit softer, such as Europe. A combination of the Ukraine war and Covid reduced demand in the second quarter and Mr. Holtz it pushed their recovery of 100% fleet wide occupancy to the fourth quarter of 2022.

Nonetheless, customer deposit balance as of June 30th was $4.2 billion, a record high for the company. Investors will want to know where that figure stands today.

Any updates on expansion projects?

Many initiatives were paused since 2020, and with numbers bouncing back, could this be an opportunity for Royal Caribbean to resume them?

From the CocoCay adults-only beach, to Perfect Day at Lelepa, to a beach club in the Bahamas, there are plenty of question marks about when and where we will see new ways to go on vacation.

From a business perspective, the company has sometimes provided updates on these sort of capital spending projects because it helps reinforce the notion that demand for a cruise will be even higher with new offerings.

New ship updates?

I would expect there to be some discussion of Icon of the Seas and how well it sold out of the gate last week, but will we get more information about Icon or other new ships?

Utopia of the Seas will also debut in late 2024, and there are orders for two more Icon Class cruise ships beyond that.

Since new cruise ships attract so much attention (and come with a heft price tag), will we get any hints as to what the future of the cruise line looks like going through the rest of this decade.

The company tends to be cagey with details related to new ships that have not been announced yet, but timelines and expectations are sometimes shared at these calls. 

How to listen to the call

There will be full coverage of anything intriguing that comes out of Royal Caribbean Group's third quarter 2022 earnings call right here on RoyalCaribbeanBlog, but if you would like to listen on your own, here's how.

The call will be available on-line at the company's investor relations website, www.rclinvestor.com.  The call begins at 10am Eastern Time on Thursday, November 3, 2022.

You will be able to listen via the link provided close to the start of the call.

Just as they say, all good things come to an end. Today is the last day of our 12-night cruise; we are making our way back to Rome with one final sea day.

I’m always shocked how quickly time flies when I’m on vacation. I wish the work week could go by this quickly!

We gained back 2 (much needed) hours of sleep last night thanks to a combination of European daylight savings and losing an hour last week when we made our way to Israel.

I’ll take an extra hour of cruising any day! Although, it was confusing when I woke up and looked at my phone's time since I didn’t know whether it had updated for the time change.

Fortunately, I had no place to be today so it didn’t really matter the time.

Captain’s Corner and Breakfast

Angie and I worked our way out of bed around 10am, which was really noon for our body’s time. We’ve either been getting up early and spending all day exploring or we’ve been sleeping until noon on sea days, there hasn’t been much of an in between!

We enjoyed breakfast in Cafe 270 right as Captain’s Corner started. I’ve never attended this event, so it was nice to tune in as I sipped on my boozy Irish coffee.

Last day of vacation means you have to go out with a bang, right?!

We watched a little behind the scenes video about the crew’s living quarters. The captain also answered questions from passengers in the audience. It was a nice event, although Angie and I don’t seem to remember too much of what was discussed.

One interesting point the captain made was regarding last night’s medical emergency. Around 1am there was an alpha call. The captain said today that we sailed faster through the night to get to the Straight of Messina quicker for the passenger to be evacuated by coast guard.

The captain said our medical facility onboard was a better option for the passenger to be stabilized rather than having them evacuated by helicopter, as the helicopter doesn’t have as much medical care available during transport.

Galley Tour

During this time, mom was enjoying bottomless mimosas during her tour of the galley!

Last night, our head waiter asked if anyone was interested and mom said she actually would enjoy a tour like that!

She said when arriving in the dining room, everyone was required to wear a mask and sign a waiver. The tour started with an explanation of the chef scarf colors and how they indicate how long the chef has been onboard and different specialties; for example, a red scarf means the chef understands dietary restrictions while yellow scarves are reserved for new people in training.

Mom told us they serve 6,000 dinner rolls per service per day! That’s about 2 rolls per person per meal. The kitchen has a ‘magic machine’ that transforms dough into perfectly sized balls to bake in seconds.

Apparently, the pastry and bakery shifts are 24 hours each. The chef also explained how shorter cruises have all the fresh produce needed for the entire cruise while longer ones, like ours, need to restock for fresh produce at some point during the cruise.

Mom said the kitchen was absolutely spotless with the stainless steel shining everywhere she looked.

Straight of Messina

After Angie and I listened to the captain speak in Cafe 270, we met up with dad in the Solarium to watch our ship sail through the Straight of Messina. We sailed through the Straight in the early morning during our sailing to Israel, so none of us witnessed the passing.

The Solarium filled up quickly with other people wanting to watch us sail the Straight. We had spots right against the window, which was perfect! I used this time to finalize my blog from the night before.

We watched as the pilot came on to guide us through the Straight. There was also a moment when the ship halted for a coast guard ship to sail alongside and take off the sick passenger.

About this time, we decided to have another round of cocktails. I enjoyed a mudslide, which was creamy and delicious.

Angie decided to switch it up and tried a smoothie from the Solarium bar. We were surprised to find smoothie and juice options at the Solarium Bar. There were also protein drinks available.

I had one last visit to El Loco Fresh for a final cheesy chicken quesadilla. The pork meat looked tasty as well, so I gave that a try. The last day of a cruise always inflicts this sense of urgency that I need to do it all and try everything since it’s your last chance.

My quesadilla tasted extra delicious. I’ve honestly probably had more quesadillas in the last 12 days than I’ve had in the last decade!

Mom and dad played a round of cribbage during the passage sailing. We also heard all about mom’s galley experience and tour during the time!

After lounging in the Solarium for a while, it was time to pick out our 4 free pictures that we get with our Diamond Plus benefits. This is a nice perk that we always take advantage of.

I have never seen on-demand printing stations on a cruise ship before! It’s nice that you can order your picture and then within a few minutes, the kiosk prints your picture.

NextCruise Experience and Packing

By this time, I was about ready to head to NextCruise for my 3:30pm appointment. My husband and I are planning a trip for next June on Jewel of the Seas from Amsterdam to Iceland.

I never used to take advantage of NextCruise since I didn’t fully understand the perks. Having a reduced deposit of only $200 is a win for me, as my husband’s schedule is very unpredictable with the military. You can take advantage of any current promotional pricing and get onboard credit.

Although I had an appointment, I still had to wait about 25 minutes to meet with a consultant. It was pretty busy, to say the least. Once I was able to met with one of the consultants, we had the reservation booked within 15 minutes.

I was also eager to book after seeing Royal Caribbean Blog's post about the American Express offer for spend $1,000 and earn 25k reward points - which I had on a few of our cards.

Iceland, here we come! Having another exciting cruise booked in the future always helps ease the post-cruise depression. This was especially necessary as I went back to our stateroom to start packing.

We don’t fly out tomorrow from Rome, which makes packing a little bit easier. I wasn’t concerned about weight or liquids, so it was really just a scramble to pack things away as quickly as possible so I could get back to enjoying my final day.

Last Evening Onboard

Before our last dinner in the dining room, we went to have one last cocktail at Lime & Coconut Bar to see our favorite bartender. The sun had just set in the distance.

Since we were the only ones there, we asked Dwayne (‘Dwa’) about tipping; for example, we figured our Diamond drink vouchers would provide the bartender with an automatic gratuity in the same way as if we purchased a drink.

Dwayne explained that the free drink vouchers do not provide any gratuity unless the passenger provides an additional tip on the receipt or gives a cash tip.

We took this opportunity to provide Dwayne with a tip for taking care of us for the sailing and wished him well.

For the last supper, we enjoyed a variety of pot pie, chicken tikka marsala and prime rib. Mom went out with a bang ordering 3 servings of crispy coconut shrimp and escargot. She was pleased to see the escargot improvement after talking with the head waiter. 

Angie and I enjoyed both the dark chocolate brownie and pavlova for dessert, which are two of our favorites.

There wasn’t much entertainment for the final evening, as we still needed to finish packing and make sure our suitcases were out in the hallway on time.

It’s always a sad feeling to see the suitcases line the hallway - you know the end is near.

The biggest commotion of the evening was when mom couldn’t find her Seapass card; that’s a first for all of us! She had to spend about 30 minutes in line at Guest Services to get a replacement card.

As the night came to a close, we all reflected on our favorite memories from the cruise. Of course, Israel was the highlight for all of us. There was an overarching gratitude from everyone that we all stayed healthy and had such positive experiences.

That's a wrap on our 12-night Holy Land cruise. It's crazy when you plan and look forward to a cruise for so long (years in our case), and it finally happens. Time always seems to go too quickly. We are thankful for the opportunity to spend this quality time together experiencing such rich and diverse history. 

Thanks to everyone for following along during our cruise - it's been so rewarding sharing our experiences with all of you and reading your comments!

Stray Observations

As I mentioned, there are a lot of people doing back-to-back cruises with this sailing. Approximately 30% of the people on this sailing are staying on the ship for the transatlantic! The next sailing will return to Fort Lauderdale with stops in Italy, Spain and Portugal before crossing the Atlantic. These cruisers found out not too long ago that they needed to take a test, although it’s complimentary of Royal Caribbean.

There’s certainly been a noticeable increase in coughing within the last few days, but I have only heard of one person testing positive on this cruise.

It seems like there’s other illnesses circulating, as we’ve all come down with some sort of cold during this cruise. We were relieved to see all of our home tests be negative.

Service onboard has been incredibly attentive across the board. Additionally, the ship is impeccably clean. There was never one moment where the hand sanitizers were empty.

And just like that, today was our last port stop during this incredible 12-night sailing on Odyssey of the Seas!

Today, we were docked in the island of Crete, Greece from 7am to 3pm. This was our shortest port stop and we did not have an excursion booked. Instead, we chose to get off the ship on our own so we could have some flexibility. We knew we would be tired today after all the long days we've had, and didn't want to take a 7am excursion!

Since all aboard was 2:30, we decided to get up at 8:30 so we could explore Chania.

The last time I was in Crete was on my honeymoon cruise and the last time my parents were here was on our first Mediterranean cruise about a decade ago. Both times, we went to the beach so we decided today to spend time in Chania, as I heard from fellow RCB writer Jenna that the town was very charming!

Shuttle to Town

Angie and I had breakfast at Cafe @ 270, where we both enjoyed breakfast sandwiches and coffee to start the day. Mom and dad dined in the Solarium Bistro and had omelets to order.

We were off the ship by 10am and chose to take the shuttle into town that was provided conveniently at the port. Jenna said this summer that the shuttle was complimentary but times must be tough because they were charging $6 per person round trip.

We didn’t mind paying the $6 for direct transport into the city, although we saw a couple get on the bus and yell that they refused to pay. The driver looked like he didn’t feel like picking a fight so he just rolled his eyes. Makes me laugh that someone would spend all this money to do a cruise but then scuff about spending $6 each to take the shuttle!

Driving through Crete, we were a little less than impressed. It felt more run down than the other ports we’ve visited.

The shuttle dropped us off in Chania in the city center. We started walking towards the Venetian Harbor, passing through many shops on the way.

Since we’ve all done a little bit too much shopping, we were on the hunt for some cheap suitcases.

Normally, I bring a small duffle in my checked luggage to bring back all my new treasures while traveling without paying for overweight luggage. I didn’t anticipate shopping as much I did during this cruise, so it’s pretty necessary for me to get another bag.

Lots of Shopping

Whoops - don’t tell my husband back home!

Since I’d already come to terms with the fact that I’d need another suitcase, I let myself go and did even more shopping.

Mom, Angie and I enjoyed shopping in a local leather store where we all got matching pairs of sandals. Dad sat outside on a bench checking football scores while we tried on a myriad of shoes. 

We enjoyed walking around the side streets in the old town, taking in the sights. We saw plenty of other cruisers enjoying the old town as well.

This area was much nicer than the port area and the streets that we drove through to get to the city centre. Based on the view from the ship in the morning, we didn't have super high expectations - especially in comparison to Rhodes and Santorini, which were beautiful port areas.

I also found plenty of other lovely shops to support during our walk to the harbor. We’ve been certainly helping the Greek economy the last few days with our shopping.

Old Venetian Harbor

Upon arriving at the harbor, I was stunned by how beautiful it was! I hadn’t done a ton of research for this port since most of our energy went into planning for Israel, so I was really surprised by the beauty.

We enjoyed walking all along the harbor and snapping pictures while doing so. We decided to walk along the shore, lined with shops and restaurants.

To nobody’s surprise, I did a little more shopping to get all the final gifts and souvenirs that I had been holding off on getting. I grabbed a few little olive oil presents for friends and family back home, along with my obligatory magnet for every place I travel.

I love coming home from big adventures and adding my new magnets to the fridge; seeing the collection grow warms my heart!

As we walked along the harbor, we found incredible views of the lighthouse across the bay. The waves were crashing along the harbor and even getting the walkway wet a few times.

The views were simply too beautiful not to take a ton of pictures, especially as dad spent about 15 minutes trying to find a nearby bathroom to use. The lighting was perfect with the backdrop of the lighthouse in the distance. We even saw a fisherman catch his biggest fish of the day!

Getting Lost in Town

When I first did research on Chania (admittedly, this morning during breakfast), I punched in 'Venetian Harbor' on my Apple maps and tagged the location for us to visit later. I told the family we had to go to my pinned location after wandering around the water and taking pictures with the lighthouse.

My lack of research was showing, as we were unknowingly at the Old Venetian Harbor; yet, my map was showing there to be another nearby location with the same name. Since we don't mind a little walking, we made our way to the pinned location I had on my phone. 

Well, we ultimately ended up on some side streets away from the main attractions. Everyone was questioning my navigation skills, in which I insisted the map showed another location of interest for us to see. We arrived to a corner on a side street with nothing that appeared like Venice but rather a residential area with no other tourists around. 

Either way, I led us astray and into the side streets. A quick Google search of 'Old Venetian Harbor Chania' revealed that we had been actually walking around the harbor just before - hence why it was so beautiful! 

We were just a few blocks away, so we made our way back to the harbor area and into the shopping streets once more. This was our last chance to get souvenirs!

Since we didn’t get started too early in the morning, we opted to work our way back to the ship so we didn’t feel rushed with all aboard time. We found a deal on 2 hardshell suitcases so my parents could have an additional suitcase and I will have one too.

The shuttle was packed with people heading back to the ship since we only had about an hour until the last shuttle would depart for the day.

Back Onboard

Back on the ship, we went to the Windjammer for a bite to eat. We actually have not had lunch in the Windjammer until today! There was a nice selection of food, although it was very busy because everyone must have had the same idea.

We opted to find an outdoor spot on the top deck; there’s a nice set of chairs tucked away on the top deck by the SeaPlex. We had the sun shining while still being in the shade so it was a lovely spot to sit.

I was up very late last night working on the live blog and had way too many pictures from Santorini to sort through and edit. We enjoyed the autumn breeze and watched the ship pull away and start our journey back to Rome.

Angie, dad and our new friend Brice decided to take a whirl at the bumper cars. They did 2 rounds and Angie said she was much more cautious this time! Mom and I had too much trauma from our first day when we left bruised, so we opted to head back and get ready for formal night.

While getting ready for dinner, Angie was getting dressed and turned around in a black dress. I told her not to wear my dress tonight, as I was planning to wear it for formal. She insisted that it was her dress, yet I knew that I was planning to wear the exact same dress.

Low and behold, we have the exact same dress that we planned to wear tonight so we chose to embrace the twinning moment. Mom smiled when she saw and said she hadn’t seen us in matching dresses since Christmas when we were little girls.

Dinner and The Effectors

We walked into dinner to find the ship rocking and rolling. All of us were shocked to see how big the waves looked from the table, as the dining room is on Deck 3. Luckily, the movement subsided as the night went on.

Dinner tonight was excellent with beef tenderloin, lobster and baked Alaska. We enjoyed talking with the table next to us and mom was convinced to join the galley tour tomorrow on our sea day.

Mom and I sported our new sandals from Chania for the evening - such a fun souvenir!

Our evening wrapped with an evening show in the Royal Theatre called The Effectors. The superhero-themed show used some really impressive digital effects, including choreographed drones. I really liked the show, as it had a nice variety of music that included some recent pop songs.

We all agreed the show was excellent, from the costumes to the music to the overall stage production! This was my first time seeing this show. This show really leans into utilizing technology in its entertainment performances - and I think it really elevates the experience.

Was there a clear-cut storyline for us to follow along? Not necessarily. Most of the show involved each member of The Effectors showing off their superpowers with the help of the stage technology.

Either way, it was quite entertaining and definitely showed off the technology capabilities of Odyssey of the Seas.

Tomorrow, we have one final day sea day before we arrive back to Rome. We will need to certainly spend some time packing since we’ve gotten very comfortable in our cabin at this point! I also have an appointment at NextCruise to potentially book an upcoming cruise next summer to Iceland from Amsterdam.

We are blessed with 2 extra hours of sleep tonight, as we gain back the hour we lost last week AND we get an extra hour due to daylight savings occurring in Europe!