MIAMI, May 20, 2010 – Royal Caribbean International is providing guests with more options than ever before to explore European destinations across 55 ports in 22 countries.  Just in time for summer travels, the global cruise line is touting new shore excursion opportunities that feature the ability to make private tour arrangements as well as exclusive family-friendly tour options. Royal Caribbean also will be expanding its existing shore excursion services by nearly doubling the number of “Easy” tours for accessible sight-seeing throughout the 57 unique itineraries currently available – soon to be 109 unique itineraries when a record setting 11 Royal Caribbean ships will be deployed in Europe in 2011.  Dedicated to providing unique travel experiences, Royal Caribbean’s enhanced offerings will empower guests to create European cruise vacations that meet their individual styles, needs and preferences. 
            For those guests that enjoy more flexible vacation schedules Royal Caribbean is introducing new customizable half- or full-day private shore excursions. Each of the excursions offers guests the opportunity to travel in private vehicles on their own or with an English-speaking guide to provide tour commentary and local insight.  Featuring the same convenience and peace of mind that comes with booking Royal Caribbean’s group shore excursions, guests can enjoy the private tours in 13 ports-of-call throughout Egypt, Finland, Greece, Israel, Italy, Sweden and Turkey, in addition to previously introduced private tours offered in Russia.  For those travelers who do not want to be limited by a schedule, Royal Caribbean excursion specialists will create custom arrangements to fit individual styles and interests, or simply provide a private vehicle for an existing tour.  Both private and custom arrangements accommodate up to 10 people and can be initiated online. 
            As the leader in family travel, Royal Caribbean continues to cater to guests of all ages by introducing new hands-on activities that are fun for children, parents and grandparents alike.  To accommodate multigenerational travels, the global cruise line is debuting new half-day excursions designed specifically with families in mind.  Examples include gastronomic experiences such as “Pizza Making for Families” in Sorrento, Italy,  featuring a city tour followed by a pizza making class and lunch to enjoy the family’s culinary creations, as well as “Sea Kayaking” in Dubrovnik, Croatia, where guests can explore the outdoors and admire the historical city walls from a unique perspective, a kayak at sea level. 
            Royal Caribbean continues to pioneer accessible cruise travel by introducing 14 new additional “easy” tours for a total of 33. Featuring vehicles adapted with access ramps or lifts when available, new and existing “easy” shore excursions cater to individuals who have difficulty walking or standing for extended periods, or who use wheel chairs full time.  European sightseeing is extended to new bounds for these guests with engaging activities, such as exploring the quaint town of Trogir from Split, Croatia, wine tastings in Sardinia, and coach tours highlighting historical landmarks and local artistry, such as Florence’s famed Michelangelo Square and leather factories.
            In addition to enhancing new experiences for guests, the global cruise line is adding to its contribution to its destination partners.  Royal Caribbean is pre-purchasing Chorus Pass tickets from the Venetian Chorus Association, a non-profit entity tasked with safeguarding, conserving and restoring the architectural and artistic heritage of churches in the city of Venice, to invest in maintaining the cultural heritage represented in more than 1,000 pieces of art.  Guests onboard Brilliance of the Seas will receive a complimentary Chorus Pass ticket ($13 value), providing access to 16 of most important churches in Venice, with the purchase of each Shuttle Bus Pass. 
            Royal Caribbean International is a global cruise brand with 21 ships currently in service and one under construction. The line also offers unique cruisetour land packages in Alaska, Dubai, Europe, Australia and New Zealand, and South America.

 

Shanghai - Royal Caribbean Cruises Ltd. today announced it is opening two new offices in China, in the cities of Beijing and Guangzhou.

The new offices, which will open in the coming weeks, will be the second and third the company operates in China, joining its Shanghai facility, which opened in July 2007. The new offices will highlight the growing importance of the China marketplace and its role in the company’s international growth strategy.

The new offices will widen the company’s reach into more regions of China. They will be located in the central commercial districts of both cities and in close proximity to many travel agencies. This will allow the company to better serve a broader spectrum of local customers and the local travel agent communities, with faster, more seamless and more customized services.

“Our first season sailing from Asia was a great success, and our new offices will help us extend our reach to many more customers and travel agents throughout China,” said Michael Bayley, senior vice president, International, for Royal Caribbean Cruises Ltd. “Having a second consecutive season in Asia, and eventually, a year-round deployment there, reflects our commitment to the China market and the importance of the entire region to our global growth.”

The new offices will support three of the company’s brands, Royal Caribbean International, Celebrity Cruises and Azamara Cruises. Royal Caribbean International’s Legend of the Seas will sail out of Shanghai, beginning in February 2009, departing from the new Shanghai cruise terminal. Similarly, Azamara Cruises’ Azamara Quest will call in Chinese cities such as Canton and Shanghai, beginning in January 2009, during its first season of sailings in Asia.

Royal Caribbean International was recently named the “Best Luxury Cruise Operator” in Travel China Weekly’s  Industry Awards 2008, after its first year of operations in China. The awards recognize the best in the tourism industry and acknowledge their contributions to China‘s tourism industry.

Royal Caribbean Cruises Ltd. is a global cruise vacation company that operates Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Cruises and CDF Croisieres de France. The company has a combined total of 38 ships in service and six under construction. It also offers unique land-tour vacations in Alaska, Asia, Australia, New Zealand, Canada, Europe and South America.

Miami – December 5, 2008 – Royal Caribbean Cruises Ltd. today announced the suspension of its fuel supplement for Royal Caribbean International, Celebrity Cruises and Azamara Cruises sailings that depart on or after January 1, 2009, anywhere in the world.

The decision reflects the recently sustained lower price of fuel.

Effective Monday, December 8, guests making new bookings for sailings that depart on or after January 1, 2009, will not be charged the fuel supplement.

Guests already booked on sailings that depart on or after January 1, 2009, will receive a refund of any fuel supplement paid, as follows:

Guests with existing bookings for sailings that depart on or after January 1, 2009, and who are now paid in full, will have the supplement automatically refunded to them in the form of an onboard credit during their sailing.

Ship Opens For Sale September 3, 2008: Maiden Voyage Set for December 12, 2009

MIAMI, - With the astounding array of choices and amenities being introduced on Royal Caribbean International’s next generation of cruise ships, vacationers will be hard-pressed to find another experience as spectacular as what they will enjoy on Oasis of the Seas. Today, the cruise line renowned for its innovations announced seven-night Eastern and Western Caribbean itineraries for the new ship’s inaugural year, with the inaugural voyage planned for December 12, 2009. Bookings for Oasis of the Seas will open September 3, 2008. The ship’s homeport is Port Everglades in Fort Lauderdale, Florida.

Oasis of the Seas will begin her inaugural season with 19 consecutive seven-night sailings to the Eastern Caribbean, with ports of call at Charlotte Amalie, St. Thomas; Philipsburg, St. Maarten; and Nassau, Bahamas. Starting May 1, 2010, Oasis of the Seas will alternate its Eastern Caribbean itinerary with the Western Caribbean itinerary, which will call at Labadee, Royal Caribbean’s private beach destination in Haiti; the new port of Falmouth, Jamaica; and Cozumel, Mexico.

“Royal Caribbean is fortunate to have taken millions of satisfied guests over 40 years to these highly regarded destinations,” said Adam Goldstein, president and CEO, Royal Caribbean International. “We thank the government of Haiti, Port Authority of Jamaica, State Government of Quintana Roo, Island of Cozumel, SSA Mexico, Ministry of Public Works and Port Authority of the Bahamas, Virgin Islands Port Authority, West Indian Company, and Port of St. Maarten for their support and cooperation in working with us to provide such compelling itineraries for our guests.”

Royal Caribbean has been working closely with the ports on the Oasis of the Seas itineraries to ensure the guest experience is seamless when the ship visits. The cruise line and St. Maarten will enhance the guest welcome facilities, while Cozumel’s pier will be widened. Approaches to the docks at St. Thomas, St. Maarten and Nassau also will be dredged.

Royal Caribbean is working in partnership with the Port Authority of Jamaica to complete the new Falmouth Cruise Pier by March 2010, as well as establish the associated infrastructure necessary to welcome cruise ship guests. A historically important 18th-century settlement, Falmouth was a colonial center of Jamaica’s sugar and fine rums industry. The town’s rich history and Georgian architecture has most recently drawn the attention of His Royal Highness The Prince of Wales, who has been a long time supporter of restoring historic buildings of Great Britain.

Royal Caribbean also is working with the government of Haiti to construct a pier at Labadee, the cruise line’s private beach destination. Additional plans are underway to expand guest offerings with an alpine coaster and fast-boat tours, among others, to complement Labadee’s stunning Dragon’s Breath Flight Line, which has proven to be one of the destination’s most popular attractions.

Oasis of the Seas will be the world’s largest and most revolutionary ship introducing the cruise line’s new neighborhood concept, which will provide vacationers with the opportunity to seek out relevant experiences in seven themed areas based on their personal styles, preferences or moods. Boardwalk will be a breathtaking space for families. Inspired by the nostalgic seaside piers of yesteryear, Boardwalk will dynamically engage the entire family in classic fun – whether young or just young at heart – with eateries, retail outlets, and carnival games. An original, handcrafted carousel – the first at sea – will be the centerpiece of this vibrant neighborhood. Off the Boardwalk, the first amphitheater at sea, AquaTheater, will celebrate water with the largest freshwater pool found on a ship offering a full spectrum of activities and performances for guests. Created to offer two unique experiences, AquaTheater will allow guests to swim in the theater’s magnificent kidney-shaped pool, relax on sun loungers located on tiered platforms surrounding the pool, and even take SCUBA lessons in the afternoon. At night, it will deliver a complete sensory experience playing on the element of surprise as audience members witness the venue come alive with heart-pounding theatrical performances featuring dramatic acrobatics, synchronized swimming, water ballet, and professional high-diving, as well as elaborate fountain shows synchronized to music and lights. Other surprises include two 43-foot rock-climbing walls on either side of the AquaTheater and the first zip-line at sea suspended nine decks above Boardwalk.

Enhancements to the cruise line’s signature Royal Promenade, the heart of the ship, will include a mezzanine level that overlooks the main promenade below. The Crystal Canopy sculptured-glass domes will allow natural light to cascade down from the sky. There will be a vast array of shopping, dining and entertainment options including, the Rising Tide bar, the first moving bar at sea, which will traverse three decks and allow cruisers to enjoy a cocktail as they slowly ascend into Central Park, the neighborhood above. Central Park, a revolutionary design in which the center of the ship opens to the sky, features lush, tropical grounds spanning the length of a football field. With its serene pathways, seasonal flower gardens and canopy trees, Central Park will evolve from a tranquil and peaceful atmosphere during the day to a gathering space for alfresco dining and entertainment in the evening, where guests will enjoy concerts and street performances.

With the introduction of the neighborhood concept, Oasis of the Seas will debut a new portfolio of 37 categories of accommodation options, many with views unique to the ship. Park View and Boardwalk View balcony staterooms offer inward facing accommodations overlooking the two open-air neighborhoods. Another industry-first, the introduction of 28 contemporary two-level loft suites will redefine cruise ship accommodations with vibrant, ocean-inspired colors in a sophisticated and spacious setting. The lofts will be the highest accommodations at sea, offering spectacular views of the ocean, and floor-to-ceiling, double-height windows to ensure the view will be enjoyed from every vantage point. Other features among these coveted 28 lofts will be a unique modern design dotted with abstract, modern art pieces; spacious living areas on the lower level with contemporary detailing; and a private balcony with sun chairs and stunning views to help guests unwind. Each loft, which will measure 545 square feet (51 square meters) or larger when combined, and will be fitted in contemporary décor with a Caribbean influence. The impressive design will include an upper-level bedroom that overlooks the living area and extended ocean views. Beds will be outfitted with white, luxurious duvets complemented by tropical blue and green accents that tie into the loft’s natural surroundings. The lofts will feature LCD televisions, separate vanity areas, a guest bathroom downstairs and an upstairs master bathroom featuring his and hers shower heads, fog-free mirrors, and limestone mosaic tile accents.

When she launches in late 2009, Oasis of the Seas will be the largest and most revolutionary cruise ship in the world. An architectural marvel at sea, she will span 16 decks, encompass 220,000 gross registered tons (GRT), carry 5,400 guests at double occupancy, and feature 2,700 staterooms. Oasis of the Seas will be the first ship to tout the cruise line’s new neighborhood concept of seven distinct themed areas, which includes Central Park, Boardwalk, and the Royal Promenade. The ship will sail from her home port of Port Everglades in Fort Lauderdale, Fla. Additional information is available at www.oasisoftheseas.com.

Royal Caribbean International is a global cruise brand with 21 ships currently in service and two under construction. The line also offers unique cruisetour vacations in Alaska and Canada, Asia, Australia and New Zealand, Europe, and South America.

MIAMI, May 23, 2008 – An oasis is commonly defined as a fertile area in an arid region or a place of refuge, relief, or pleasant contrast. Today, Royal Caribbean International adds another use of the term, defining it as the official name for the cruise line’s newest and most awe-inspiring class of cruise ships, until now referred to by the code name “Project Genesis.”

The name Oasis of the Seas was selected from more than 91,000 entries in Royal Caribbean International ‘s “Name that Ship” contest, which the cruise line launched on January 18 in partnership with USA TODAY. Entrants were invited to submit two names ending in “of the Seas” that best encapsulate the universe of experiences a Royal Caribbean International  cruise provides guests. The contest marks the first time members of the general public, outside of the cruise industry, have been given the opportunity to name a cruise ship.

The winning combination of names, Oasis of the Seas and Allure of the Seas, was submitted by George Weiser, of Livonia, Michigan. Weiser’s well-chosen names scored the highest among all contest entries considered by a panel of judges, and earned him the honor of naming not only the world’s next largest and most innovative cruise ships, but the entire class of the new ships, the Oasis-class. Weiser is joined by Jennifer Conley, of Robertsville, Missouri, who suggested Mystique of the Seas and also Allure of the Seas. Conley is also a winner in the naming contest for earning the second-highest score.

“Our customers are remarkably passionate about Royal Caribbean,” said Adam Goldstein, President and CEO, Royal Caribbean International. “This naming contest has been a fantastic expression of their interest and commitment. We are thrilled to announce these two names and grateful to USA Today for partnering with us.”

The “Name that Ship” contest was judged by a panel of industry experts including Lauren Teton, founding partner of Name One!, which specializes in finding unique names for products and business entities; John Maxtone-Graham, maritime historian, lecturer and author of numerous books, including the latest, “Normandie: France’s Legendary Art Deco Ocean Liner”; and Albert Mehrabian, Ph.D. Professor Emeritus of Psychology at UCLA and author of more than 14 books, including “Baby Name Report Card: Beneficial and Harmful Baby Names.”

“Taking into account the remarkable sea-going destination Oasis of the Seas will be, the name selection evokes an appropriate feeling of verdant comfort and luxury,” said John Maxtone-Graham, maritime historian. “I was very pleased with the final selection and for being invited to take part in the contest.”

When launched in late 2009, Oasis of the Seas will be the largest and most revolutionary cruise ship in the world. An architectural marvel at sea, she will span 16 decks, encompass 220,000 gross registered tons, carry 5,400 guests, and feature 2,700 staterooms. The ship will homeport in Port Everglades in Fort Lauderdale, Florida. In 2010, she will be joined by a sister ship, Allure of the Seas. Additional information is available at www.oasisoftheseas.com.

MIAMI, - Dust off those tango shoes, and head to the South American summer in winter 2009-10. Royal Caribbean International today announced nine South America cruises, ranging from 11- to 15-night itineraries, aboard Radiance of the Seas for the ship’s second consecutive winter season in the region. As one of the Royal Caribbean ships that offer the highest percentage of oceanview staterooms, Radiance of the Seas  features glass elevators in a 10-story glass atrium for spectacular vistas of the unfolding South American coastline. Bookings for these cruises open today.
“South America is such a fascinating destination and we are pleased to bring Radiance of the Seas back to the region,” said Alice Norsworthy, senior vice president, Marketing, Royal Caribbean International. “On any of these Radiance of the Seas  cruises, guests will have the opportunity to experience a wide variety of South American cultures and celebrations during the region’s prime season. Guests also can extend their vacations with a Royal Caribbean cruisetour to visit more inland attractions.”
Four-night pre- or post-cruise cruisetour programs give guests the opportunity to explore the metropolitan charms of Buenos Aires, Argentina, and the awe-inspiring Iguazu Falls along the Argentina and Brazil border. Cruisetour guests enjoy fully escorted itineraries, which include deluxe hotel accommodations, air and ground transfers, certain meals, and time for individual pursuits.
For the 2009-10 winter season, vacationers can choose among six cruises which ’round the horn’ of South America and journey through the Straits of Magellan. These 12- to 14-night itineraries alternate departures from Valparaiso, Chile, and Buenos Aires, featuring a cruise through the glacier-filled Chilean fjordlands, and a call at Ushuaia, Argentina, the southernmost city in the world. On three particular sailings, guests enjoy an in-port overnight stay aboard Radiance of the Seas  in Buenos Aires at the beginning or end of the cruise.
A very special 11-night itinerary, sailing on February 10, 2010, features three days in Rio de Janeiro, Brazil, which coincides with the city’s annual Carnival festivities. Guests sail round-trip from Buenos Aires, enjoying an in-port overnight stay aboard Radiance of the Seas  to kick off the cruise.

Cruisers also can select from among two Pacific equatorial crossings aboard Radiance of the Seas, sailing from San Diego to Valparaiso on November 21, 2009, and returning on March 7, 2010.
Guests aboard Radiance of the Seas  enjoy the line’s award-winning Broadway-style musical revues from Royal Caribbean Productions, multiple onboard bars, lounges and discos throughout the ship, and Vegas-style gaming in the Casino Royale. The ships’ onboard Day Spa also offers a full range of rejuvenating treatments, and the adults-only Solarium pool provides a more sedate and relaxing environment.
Younger cruisers will laugh and learn in the line’s top-rated Adventure Ocean kids program, with teen-only spaces fleetwide. Families also can stay in and order room service – always complimentary 24 hours a day – and catch a popular on-demand movie.
Throughout, every guest will enjoy Royal Caribbean’s Gold Anchor standard of friendly and engaging service from staff and crew.

About Royal Caribbean International
Royal Caribbean International is a global cruise brand with 21 ships currently in service and two under construction. The line also offers unique cruisetour vacations in Alaska, Asia, Australia, Canada, Europe, South America and New Zealand.   Book today at www.chtravel.com

 ONBOARD PROJECT GENESIS SHIP -Central Park Brings the Outdoors In, Creating Open-air Neighborhood for Guests That Reaches to the Sky

In its latest evolution in cruise ship design, Royal Caribbean International’s Project Genesis will bring the best of the land to sea with Central Park, a revolutionary design in which the center of the ship opens to the sky and features lush, tropical grounds spanning the length of a football field. An exquisite public gathering place featuring serene pathways, seasonal flower gardens and canopy trees, Central Park will provide cruisers with more choices in a unique outdoor space. One of the ship’s most ground-breaking spaces, this new concept is the first of seven neighborhoods to be unveiled on Project Genesis. Each neighborhood will provide vacationers with the opportunity to seek out relevant experiences in various locales based on their personal style, preference or mood. Elegant and lively, Central Park’s central piazza will be the ship’s “town square” which evolves from a tranquil and peaceful atmosphere during the day to a gathering space for alfresco dining and entertainment in the evening, where guests will enjoy concerts and street performances. The neighborhood is lined with balcony staterooms rising six decks high with views of the Park below and the sky above. Surrounding this social space will be an array of restaurants, with choices ranging from fine dining to casual chic. Guests will have the option of an elegant dinner at the new 150 Central Park or a picnic lunch from the more casual Central Park Café, where they can sit outdoors and people-watch. Other dining choices will include: Giovanni’s Table, an Italian restaurant; Vintages wine bar; and Royal Caribbean International’s signature Chops Grille steakhouse. Several bars will be scattered throughout the Park, including the Canopy Bar, located at one of two impressive glass-domed canopies, and the unique Rising Tide bar – the first moving bar at sea. Truly an engineering feat, Rising Tide will span three decks and allow cruisers to enjoy a cocktail as they slowly ascend into Central Park and then descend back into the public spaces below. Central Park also will have stylish boutique shops, showcasing a selection of upscale merchandise. “Building such a large vessel allowed us to add even more of the choices and amenities that our guests value and Central Park is a dramatic addition to our already extensive array of exciting features,” said Richard D. Fain, Chairman & CEO, Royal Caribbean Cruises Ltd. “Central Park is the first of many dynamic neighborhoods on Project Genesis which will enable each guest to find his or her own space and activity.” “Our brand identity is founded in innovation and on delivering the best cruise vacation through ‘WOW’ experiences,” stated Adam Goldstein, President & CEO, Royal Caribbean International. “Central Park is a true evolution of cruise ship design and allows us to provide our guests with not only a more varied selection of balcony accommodations, but also a stunning public venue that will be a central element of the ship, both during the day and at night.”

Central Park is located on Deck 8 of the ship, with dimensions of 62 feet (19 meters) wide and 328 feet (100 meters) long. The sophisticated neighborhood will include 334 staterooms overlooking the Park, 254 with balconies.

Central Park will be landscaped with tropical foliage, including seasonal flowers, shrubs and trees. Drawing on the concept of unexpected surprises and intrigue, garden spaces throughout the Park will sprout from charming pathways. Drifts of Calla Lilies among Giant Elephant Ears, Red Ginger, Rabbit Foot Ferns and Zebra Calathea are some of the plant life guests will discover. Trees, some eventually reaching more than two-and-ahalf decks tall, include Black Olive, Cuban Laurel, Cherry of the Rio Grande, and Painted and Golden Bamboo. Surprises in the Park include quiet reading corners; a Chess Garden with large-scale pieces; the Pergola Garden, an interpretive garden featuring vegetation from a host of Caribbean locales; and a Sculpture garden, highlighting work by international artists. Irrigation and drainage systems will be incorporated, along with micro-climate control techniques. An on-site horticulturist will provide educational classes for guests seeking to learn more about flora. The Crystal Canopies, two impressive arched-glass domes, one with a bar, will be a focal point of Central Park and provide sunlight into the ship’s inner public spaces. Restaurants and dining options in the Central Park neighborhood include:
The most exclusive dining venue on the ship, 150 Central Park combines leadingedge cuisine with leading-edge design. An observation window into the kitchen of this stylish restaurant will give Central Park passersby the opportunity to observe the executive chef in action.

Open for dinner.

– Continuing the tradition, Royal Caribbean’s popular signature steakhouse will offer premium cut, quality meats in an upscale, contemporary setting. Open for dinner.

– Influenced by the Tuscan countryside, Giovanni’s will be a casual new Italian restaurant concept offering toasted herbal breads, pizzas, salads, pastas, Italian sandwiches, braised meat dishes and stews. Rustic with a contemporary flair, dishes are served family style in an indoor and outdoor setting to provide an alfresco experience in Central Park. Open for lunch and dinner.
– A casual dining choice providing a high level of variety and flexibility, Central Park Café is an indoor/outdoor gourmet market with walk-up counters. From freshly prepared salads and made-to-order sandwiches to paninis, crepes and hearty soups, guests order directly from the chefs behind the food stations. European pastries, sublime chocolates and decadent fudge round out the offerings. Open for breakfast, lunch, snacks, dinner and late night treats.
Always a popular hot spot for Royal Caribbean guests on Voyager- and Freedom-class ships, the Vintages wine bar evolves into a larger space on Project Genesis, offering a variety of options for those seeking a tropical white Riesling or a mocha-inflected Merlot. Great for a pre-dinner rendezvous, Vintages also provides a selection of cheeses and a full tapas menu to accompany a robust selection of fine wines. Open for lunch and dinner.
Central Park will feature upscale retail boutiques for discerning travelers, including specialty outlets such as The Parkside Gallery, showcasing original artwork for purchase, and Picture This, a portrait studioWhen she launches in late 2009, Project Genesis will be the largest and most revolutionary cruise ship in the world. An architectural marvel at sea, she will span 16 decks, encompass 220,000 GRT, carry 5,400 guests, and feature 2,700 staterooms. The ship will sail from her home port in Fort Lauderdale, Fla. In 2010, she will be joined by a sistership. Additional information is available at www.royalcaribbeangenesis.com.
http://www.cht-caribbean-cruise.com

Royal Caribbean International is a global cruise brand with 20 ships currently in service and three under construction. The line also offers unique cruisetour vacations in Alaska, Asia, Australia, Canada, Europe, South America and New Zealand. For additional information or to make reservations, call your travel agent call 1 877 325 7522.

 MIAMI – April 24, 2008 – Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL).

Key Highlights

• First quarter 2008 net income of $75.6 million, or $0.35 per share, compared to $8.8 million, or $0.04 per share in 2007.
• First quarter 2008 Net Yield grew 7.1% to a record $173 per APCD.
• First quarter 2008 Net Cruise Costs per APCD increased 2.9%, and decreased 1.0% excluding fuel.
• Fuel prices increased 53% versus 2007, but energy savings initiatives and hedging lowered the cost impact per APCD to 24%.
• For the full year 2008, the company continues to expect Net Yields to increase in a range around 4%, and adjusting for higher current fuel prices, earnings per share to be $2.85 to $3.00.

“It is gratifying that, despite the challenging economic times, our guests continue to appreciate the outstanding value offered by our brands,” said Richard Fain, Chairman and Chief Executive Officer. “We delivered the highest first quarter yields in our company’s history, with significant improvement in ticket prices and continued healthy onboard spending.”

Royal Caribbean Cruises Ltd. today announced net income for the first quarter 2008 of $75.6 million, or $0.35 per share, compared to net income of $8.8 million, or $0.04 per share, in 2007. The significant increase in earnings per share versus the first quarter 2007 was due primarily to increased capacity and higher yields, offset by higher fuel prices. Revenues for the first quarter 2008 increased to $1.4 billion from revenues of $1.2 billion in the first quarter 2007. Higher fuel prices increased costs by $60 million in the first quarter 2008, which reduced earnings per share by $0.28.

Key metrics for the first quarter 2008, as compared to the first quarter 2007, were as follows:

• Net Yields increased 7.1% to a record $173 per APCD.
• Excluding fuel, Net Cruise Costs per APCD decreased 1.0%.
• Fuel prices increased 53%, while fuel costs per APCD increased 24%; benefiting from energy saving initiatives and hedging. The average at-the-pump price for the quarter was $592 per metric ton versus $388 per metric ton in 2007.
• Net Cruise Costs per APCD increased 2.9%.

2008 Outlook
The company expects its second quarter 2008 earnings per share to be $0.40 to $0.45, and expects full year 2008 earnings per share to be $2.85 to $3.00.

“Our record yield performance in the first quarter and our solid forward bookings demonstrate our resilience and are certainly reassuring,” said Fain. “Our brands have clearly differentiated themselves and our portfolio of innovative newbuilds will continue to feed their momentum.”

Fain continued, “Higher fuel prices have been a prolonged challenge for us, but our management team remains focused on cost controls and continues to help mitigate the impact. Except for higher fuel prices, it is very gratifying to see our revenues and earnings projected to be as good or better than our original expectations. Our brands’ momentum, cost savings initiatives, growing economies of scale and the efficiencies of our new vessels should continue to improve our shareholder value.”

The company provided the following estimates for the second quarter and full year 2008, as compared to the second quarter and full year 2007, respectively.

The company expects to have a 5.1% increase in capacity in 2008, driven primarily by a full year of Liberty of the Seas, the Independence of the Seas entering service in May, Pullmantur’s purchase of Pacific Star, and Celebrity Solstice entering service in the fourth quarter.

The company does not forecast fuel prices and its cost guidance for fuel is based on current at-the-pump prices net of any hedge impacts. Based on today’s fuel prices, the company has included $685 million in fuel expenses in its full year 2008 guidance. This figure is $90 million, or $0.42 per share, higher than at the time of its previous earnings guidance.

As of March 31, 2008, liquidity was $1.4 billion, including $0.4 billion in cash and cash equivalents and $1.0 billion in available credit on the company’s unsecured revolving credit facility.

Based on current ship orders, projected capital expenditures for 2008, 2009, 2010, 2011, and 2012, are estimated to be $1.9 billion, $2.0 billion, $2.2 billion, $1.0 billion, and $1.0 billion, respectively. Projected capacity increases for the same five years are estimated at 5.1%, 9.3%, 11.4%, 6.4%, and 3.4%, respectively.

The company has scheduled a conference call at 10 a.m. Eastern Daylight Time today to discuss its earnings. This call can be heard, either live or on a delayed basis, on the company’s investor relations web site at www.rclinvestor.com.

Terminology

Available Passenger Cruise Days (“APCD”)
APCDs are our measurement of capacity and represent double occupancy per cabin multiplied by the number of cruise days for the period.

Gross Cruise Costs
Gross Cruise Costs represent the sum of total cruise operating expenses plus marketing, selling and administrative expenses.

Gross Yields
Gross Yields represent total revenues per APCD.

Net Cruise Costs
Net Cruise Costs represent Gross Cruise Costs excluding commissions, transportation and other expenses and onboard and other expenses. In measuring our ability to control costs in a manner that positively impacts net income, we believe changes in Net Cruise Costs to be the most relevant indicator of our performance. We have not provided a quantitative reconciliation of projected Gross Cruise Costs to projected Net Cruise Costs due to the significant uncertainty in projecting the costs deducted to arrive at this measure. Accordingly, we do not believe that reconciling information for such projected figures would be meaningful.

Net Debt-to-Capital
Net Debt-to-Capital is a ratio which represents total long-term debt, including current portion of long-term debt, less cash and cash equivalents (“Net Debt”) divided by the sum of Net Debt and total shareholders’ equity. We believe Net Debt and Net Debt-to-Capital, along with total long-term debt and shareholders’ equity are useful measures of our capital structure.

Net Revenues
Net Revenues represent total revenues less commissions, transportation and other expenses and onboard and other expenses.

Net Yields
Net Yields represent Net Revenues per APCD. We utilize Net Revenues and Net Yields to manage our business on a day-to-day basis as we believe that it is the most relevant measure of our pricing performance because it reflects the cruise revenues earned by us net of our most significant variable costs, which are commissions, transportation and other expenses and onboard and other expenses. We have not provided a quantitative reconciliation of projected Gross Yields to projected Net Yields due to the significant uncertainty in projecting the costs deducted to arrive at this measure. Accordingly, we do not believe that reconciling information for such projected figures would be meaningful.

Occupancy
Occupancy, in accordance with cruise vacation industry practice, is calculated by dividing Passenger Cruise Days by APCD. A percentage in excess of 100% indicates that three or more passengers occupied some cabins.

Passenger Cruise Days
Passenger Cruise Days represent the number of passengers carried for the period multiplied by the number of days of their respective cruises.

Royal Caribbean Cruises Ltd. is a global cruise vacation company that operates Royal Caribbean International, Celebrity Cruises, Pullmantur Cruises, Azamara Cruises and CDF Croisieres de France. The company has a combined total of 35 ships in service and seven under construction. It also offers unique land-tour vacations in Alaska, Asia, Australia, Canada, Europe, Latin America and New Zealand.

Certain statements in this news release are forward-looking statements. Forward-looking statements do not guarantee future performance and may involve risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward‑looking statements. Such factors include general economic and business conditions, vacation industry competition, including cruise vacation industry competition, changes in vacation industry capacity, including over capacity in the cruise vacation industry, the impact of tax laws and regulations affecting our business or our principal shareholders, the impact of changes in other laws and regulations affecting our business, the impact of pending or threatened litigation, the delivery of scheduled new ships, emergency ship repairs, negative incidents involving cruise ships including those involving the health and safety of passengers, reduced consumer demand for cruises as a result of any number of reasons, including geo-political and economic uncertainties, the unavailability of air service, armed conflict, terrorist attacks and the resulting concerns over safety and security aspects of traveling, the impact of the spread of contagious diseases, our ability to obtain financing on terms that are favorable or consistent with our expectations, changes in our stock price or principal shareholders, the impact of changes in operating and financing costs, including changes in foreign currency, interest rates, fuel, food, payroll, insurance and security costs, the implementation of regulations in the United States requiring United States citizens to obtain passports for travel to additional foreign destinations, weather, and other factors described in further detail in Royal Caribbean Cruises Ltd.’s filings with the Securities and Exchange Commission. The above examples are not exhaustive and new risks emerge from time to time. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In addition, certain financial measures in this news release constitute non-GAAP financial measures as defined by Regulation G. A reconciliation of these items can be found on our investor relations website at www.rclinvestor.com.