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Published in: Cruise News



"While the affected sailings impact only 3 percent of our 2019 capacity, the extremely short notice period for this high yielding destination amplifies the earnings impact," said Jason T. Liberty, executive vice president and CFO, Royal Caribbean Cruises.

"The result of this policy change has created a short-term impact to our guests, operations and earnings; fortunately, we have many alternative and attractive destinations for our guests to choose from."

Royal Caribbean International has changed the itineraries for its June 5th and June 6th departures and is determining alternate destinations for future sailings, according to a statement.

The company's primary concern is for its guests, and the company is working closely with them to offer alternative destinations and compensation for any inconvenience.

The company estimates that the financial impact of this regulatory change is a reduction to the Adjusted EPS for 2019 in the range of $0.25 to $0.35 per share.





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