Wall Street

Royal Caribbean Make a Huge Purchase and a Kind Gesture

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By Daniel Kline The cruise line has generally taken a bigger is better approach, but that’s not what it’s doing here. With its namesake brand, Royal Caribbean International (RCL) – Get Royal Caribbean Group Report has continually built the biggest cruise ships in the world. That’s a strategy built around cruise where the ship is the destination. On an Oasis-class ship (and soon on the new Icon-class) the destination really doesn’t matter because passengers can spend their days exploring the massive ships which offer everything from water slides to ice skating. Bigger ships, however, have their…

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