Analysts noted that Royal Caribbean in particular, has seen strong demand for CocoCay, an amusement park-like private destination in The Bahamas. The company expects full-year 2025 annual adjusted earnings per share of $14.35 to $14.65, compared with analysts' average expectation of $14.41, according to data compiled by LSEG.

The company's namesake cruise line has kept its Casino Royale benefits in place for the past few years, but its sister cruise line, Celebrity Cruises, made major benefit cuts. Celebrity Blue Chip players lost guaranteed freeplay, and Sapphire and higher players no longer receive a free classic drink package.