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Royal Caribbean Acquires Beach Property

Fiscal.ai

Royal Caribbean has announced the acquisition of a beach property as part of its ongoing efforts to expand its destination portfolio.

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  1. The Motley FoolRick Munarriz

    The No. 1 Reason to Buy Royal Caribbean Stock in November

    Royal Caribbean enters November with strong momentum following beat-and-raise earnings results and a 50% acquisition stake in Sandals and Beaches resorts. Trading at 17x current year earnings and 15x next year's profit target, the stock offers an attractive valuation for a market leader in the expanding cruise industry, supported by strong future bookings and a 1.79% dividend yield.