Royal Caribbean CEO: Future's Never Looked So Bright
Royal Caribbean CEO Richard Fain says millennials are the fastest-growing consumer for the cruise line. He tells us they are looking to travel with Royal Caribbean to create experiences. One way the company is specifically courting consumers is through virtual reality.
Despite hits to service from hurricanes, Royal Caribbean posted record quarterly earnings this week.
It generated $2.57 billion in revenue, slightly missing analyst expectations of $2.58 billion. Notably, net yields were up 5.3 percent year-over-year. Shares of Royal Caribbean are up 55 percent year-to-date.
As part of Cheddar's special hour dedicated to entrepreneurs and their secrets to success with #MakeCheddar, Cheddar Anchor Kori Hale asked Fain's advice to those thinking about switching careers to #MakeCheddar. He said, "Follow your own mantra."
Custom Truck One Source CEO Ryan McMonagle explains how AI data centers and power grid upgrades are fueling equipment demand as rental revenue jumps 20% higher.
Larry Cuculic, President and CEO of WorldHotels, explains Best Western's global rebrand, its new loyalty program and its strategy to compete with hotel giants.
Emily Ketchen, Lenovo's Chief Marketing Officer, discusses how Gen Z uses AI, what students expect from the technology and the future of AI-powered devices.
Christopher Zara, News Director at Fast Company, breaks down Apple's $114 billion quarter, its foldable iPhone and new CEO John Ternus' first big test.
