File photo: Royal Caribbean logo and stock graph are seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File photoraised its full-year profit forecast on Thursday, backed by higher ticket prices as well as steady demand from affluent customers for leisure travel.reaping the rewards
as travelers gravitate to cruises that offer a range of fun activities under one roof and are cheaper compared to taking a land-based holiday such as that to aThe cruise company said occupancy in the third quarter was 109.7%, up from 105% reported in the second quarter. The company expects annual adjusted profit between $6.58 and $6.63 per share, compared with its earlier forecast of $6.00 to $6.20.Honda Motor and General Motors are scrapping a plan to jointly develop affordable electric vehicles , the companies said on Wednesday, just a year after they agreed to work together in a $5 billion effort to try to beat Tesla in sales.