Royal Caribbean CFO Naftali Holtz on wooing millennials, bigger ships & the future of land vacations
The cruise industry is booming, with 37 million passengers expected this year. Royal Caribbean Group, one of the worldβs largest cruise operators, with 66 ships visiting ~1,000 destinations, saw its stock surge after reporting strong 2024 earnings growth and record new bookings. Ann Berry spoke with CFO Naftali Holtz to break down why - and to address public perception of the sectorβs impact on the environment. $RCL 00:00 START 01:24 Appeal to Younger Generations 03:16 Environmental and Sustainability Efforts 07:30 Expansion into River Cruises 09:46 Loyalty Programs and Digital Innovations 15β¦