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Royal Caribbean CFO Says Experience Seekers Are Fueling Comeback

After almost two years of ships stuck in port, RCL is repairing its finances thanks to the return of free-spending vacationers.

Naftali Holtz
Photographer: Eva Marie Uzcategui/Bloomberg

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By Carol A Massar

December 9, 2022 at 12:00 PM UTC

This article is for subscribers only.

This article is part of the December 12, 2022 issue of businessweek.

The global cruise business was crushed by the pandemic. But Naftali Holtz, chief financial officer of Royal Caribbean Group, says people are traveling again and the company is well into a three-year plan to revive its finances.

The cruise industry was mostly shut down for almost two years. Is it back?