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Royal Caribbean Group announces Q3-2025 results
Royal Caribbean Group released its financial results for the third quarter of 2025 today, 28th October. Per the report, the Group garnered third quarter Earnings per Share (EPS) of $5.74 and an Adjusted EPS of $5.75. These results were better than the company's guidance primarily due to higher than expected close-in demand and lower costs. That said, the company is raising its full year 2025 Adjusted EPS guidance to $15.58 to $15.63, representing 32 percent year-over-year growth. This increase is mainly driven by the better-than-expected third quarter performance which is more than offsetting the minimal impact in the fourth quarter from recent adverse weather, and the unplanned extension of the temporary closure of one of the company's exclusive destinations in Labadee, Haiti. According to Royal Caribbean Group president and CEO Jason Liberty: "We continue to see strong momentum across our business, powered by accelerated demand, growing loyalty, and guest satisfaction that is at all-time highs. Our commercial flywheel which combines innovative ships, distinctive destinations, and world-class brands continues to drive sustained growth and guests' trust in our ability to deliver the best vacation experiences responsibly. Looking ahead, while it's still early in the planning process, our strong booked position gives us confidence for 2026 and beyond. With our proven formula of moderate yield growth, strong cost controls, and disciplined capital allocation, we expect 2026 earnings per share to have a $17 handle, positioning us well to achieve our 2027 Perfecta targets." Key touchpoints from Q3-2025 Load factor in the third quarter was 112 percent; Gross Margin Yields were up 3.8 percent as-reported, while net yields were up 2.8 percent as-reported and 2.4 percent in Constant Currency; Gross Cruise Costs per Available Passenger Cruise Days (APCD) increased 2.7 percent as-reported. Net Cruise Costs (NCC), excluding Fuel, per APCD increased 4.8 percent as-reported and 4.3 percent in Constant Currency; and Total revenues were $5.1 billion with net Income at $1.6 billion or $5.74 per share, Adjusted Net Income was $1.6 billion or $5.75 per share, and Adjusted EBITDA was $2.3 billion.
Royal Caribbean’s Ovation of the Seas returns to Southeast Asia for a spectacular new season
Royal Caribbean’s Ovation of the Seas returns to Singapore for a season of spectacular getaways to Southeast Asia’s most sought-after destinations. From now through March 2026, families and holidaymakers alike can look forward to everything from weekend escapes to longer adventures packed with world-class thrills, chills, entertainment, and dining experiences for every type of traveller. Royal Caribbean vice-president and managing director in the Asia-Pacific Chad Grospe said: “Families remain at the centre of everything we do, and our ships are designed to bring everyone together through unforgettable shared moments whether it’s exploring local cultures, enjoying world-class entertainment or trying new adventures at sea, With Ovation’s return to Singapore, holidaymakers can enjoy the ease of beginning their holiday closer to home, while enjoying Royal Caribbean’s unique blend of adventure and relaxation.” Likewise, Singapore Tourism Board (STB)’s director for cruise Jacqueline Ng enthused: “We are delighted to welcome Royal Caribbean’s Ovation of the Seas back to Singapore for her seasonal homeport deployment. Aligned with our Tourism 2040 vision, this exciting return strengthens Singapore’s appeal as a vibrant holiday getaway, offers families unique options to explore the region from Singapore, and underscores the cruise industry’s confidence in Singapore as their regional hub.” A season to look forward to This season, Ovation will offer a variety of adventures from Singapore, ranging from 3- to 5-night getaways to 8-night journeys, with visits to popular destinations like Penang, Malaysia, Phuket, Thailand, and Bali, Indonesia. Short 3- to 4-night getaways make it easy for travellers to recharge while exploring nearby favourites such as Penang where guests can wander through George Town’s colourful street art and heritage architecture, while sampling local street food and browsing bustling markets. In Phuket, guests can unwind on golden beaches by day and experience lively night markets after dark. For those seeking a little more time away, the 5-night Penang & Phuket Overnight journey combines the highlights of both destinations. Guests can enjoy authentic hawker fare, explore cultural landmarks, and take part in island-hopping excursions for immersive experiences. Guests can embark on a longer 8-night Bali Adventure, spending two full days in Celukan Bawang and Benoa in Bali. Vacationers can relax on Bali’s stunning beaches, visit coastal temples, and experience the vibrant local culture. The journey also includes a visit to Lombok, Indonesia, known for its pristine shorelines, laid-back charm, and natural beauty. Ovation will also celebrate the festive season with a 4-night Christmas getaway, departing 24th December 2025 to Penang and Phuket. Plus, to ring in the New Year, an 8-night journey departing 28th December 2025 to Bali combines regional highlights with unforgettable holiday experiences. Experiences unique to Royal Caribbean Royal Caribbean continues to introduce new experiences specially designed for the Asian market, bringing the best of the brand to the region. On Ovation, holidaymakers can enjoy a wide array of Royal Caribbean’s signature highlights and experiences. Adventurers can soar on RipCord by iFLY, the first skydiving simulator at sea, or take in panoramic views from the North Star all-glass observation capsule, which rises over 90 metres above the ocean. For indoor fun, SeaPlex, the largest indoor activity space at sea, offers everything from bumper cars and roller skating to arcade games and a sports court. The excitement continues with world-class entertainment, from live music to jaw-dropping shows at the transformational Two70, where guests can enjoy cutting-edge performances that combine aerial acrobatics, robotics, and projection-mapped visuals. With 17 dining options to choose from, travellers can indulge in flavours from around the globe. Guests can enjoy fresh Italian dishes at Jamie’s Italian by Jamie Oliver, Japanese favourites at Izumi, imaginative creations at Wonderland, premium steaks at Chops Grille, Mediterranean-inspired dishes at Solarium Bistro, or casual classics at the ever-popular Windjammer Café.
Royal Caribbean unveils ‘Legend of the Seas’
Royal Caribbean is introducing the family time of a lifetime on Legend of the Seas* with more adventure than ever before. The boldest vacation to visit the world’s top destinations in Europe and the Southern Caribbean, Legend will deliver a lineup of unrivaled experiences, including thrills and chill, the most dining at sea with 28 options, all-new nightlife and entertainment, and more ways for families and vacationers to make lifelong memories. In July 2026, vacationers can go all in on the action across Legend’s eight neighborhoods, which are destinations in themselves. On deck are new dining experiences transporting guests to the ancient Silk Routes at the immersive Royal Railway – Legend Station or the golden age at the new Hollywoodland Supper Club, headlining entertainment with Broadway hit Roald Dahl’s “Charlie and the Chocolate Factory, ”reimagined family experiences from thrills to new ways to stay and more. “With Legend of the Seas, we are bringing to life our most legendary vacation yet as we continue to push the boundaries with more of what guests know and love,” said Michael Bayley, president and CEO, Royal Caribbean. “Those looking to get the most out of their vacation can have it all with Legend’s combination of adventure-packed experiences and incredible destinations in Europe and the Caribbean.” From day to night, vacationers on Legend can dive into a variety of experiences, including: Legendary Flavors With 28 dining options rounding out the most dining at sea, every type of vacationer can satisfy any craving or discover all-new experiences for every meal. Royal Railway – Legend Station – The immersive dining spot first introduced on Utopia of the Seas will take diners on Legend to new destinations along the ancient Silk Routes by train, combining entertainment, food and technology. Guests will follow the travels of explorer Marco Polo on a five-course expedition of flavors and history through China, India, Italy and more. Hollywoodland Supper Club – Vacationers are in for an evening of glitz and glamour with a new supper club concept inspired by the golden age of Hollywood. Complete with sultry jazz, gourmet bites and cocktails, the multi-course dinner experience takes guests through a journey of cinema from 1910 to the 1950s. AquaDome Market – The Icon Class favorite food hall sets the table with a reimagined selection of global cuisines with five new all-day food stands, along with a brand-new juice and smoothie bar serving freshly squeezed refreshments. The all-encompassing dining lineup also includes everything from family experiences at Surfside Eatery and Basecamp in Thrill Island to favorites like premium cuts at Chops Grille, hibachi at Izumi and fresh catches at Hooked Seafood. Legendary Nights It’s the ultimate night out every night with new entertainment across stage, air, water, and ice; live music spots and more than 20 bars and lounges. Roald Dahl’s "Charlie and the Chocolate Factory” ** – Making its golden ticket debut at sea in the Royal Theater, the hit Broadway musical brings the magical world of Willy Wonka to life in a show packed with sweet surprises. Deck-defying entertainment – More jaw-dropping sensations take center stage at the AquaDome neighborhood’s marquee AquaTheater, featuring high divers, aerialists, robots, and dancers, and at Absolute Zero, the largest ice arena at sea. Plus, there are over 20 bars, lounges and live music spots to raise a glass at, including Lou’s for jazz tunes and more, singalong face-offs at Dueling Pianos, uniquely crafted cocktails at 1400 Lobby Bar, and more. Legendary Adventures Adrenaline-amping thrills – Adventure just reached a new level with six waterslides at Category 6, the largest waterpark at sea; Crown’s Edge – part skywalk, part zip line experience 154 feet above the ocean; and more top-deck action with a new spin on mini golf at Lost Dunes, the Adrenaline Peak rock-climbing wall and more. Seven pools and vibes – Vacationers have in store a pool for every mood, including pools for adults at The Hideaway infinity pool and Swim & Tonic swim-up bar; ways to splash for kids and tots at Splashaway Bay and grownups nearby at the Water’s Edge pool; the largest pool at sea at Royal Bay, and more, along with 10 whirlpools and private casitas. There are plenty of ways to play with reimagined family favorites, including a new carousel concept in Surfside – the neighborhood designed for young families – and a redesigned Playscape for youngsters. The signature Icon Class favorites will be back on Legend, from the Royal Promenade’s floor-to-ceiling ocean views, the jaw-dropping Pearl – the world’s largest kinetic art sculpture – and the open-air Central Park lined with more than 30,500 real plants and restaurants, live music, convenient pick-up windows for sushi, champagne, sparkling wine and more. Plus, there are plenty of ways to stay in style from the ultra-luxe and exclusive Suite Neighborhood to a redesigned three-story Ultimate Family Townhouse with spaces for the whole family. Legend will level up European summers in 2026 with 7-night Western Mediterranean adventures from Barcelona, Spain, and. The bold Rome (Civitavecchia), Italy adventures on board continue on shore, whether it’s stepping back in time at Rome’s Colosseum, feasting on flavors from the fishing villages of Provence (Marseille), France, or diving into the local cultures of Naples, Italy, and Palma De Mallorca, Spain. In November 2026, Legend will make its grand Caribbean debut in Fort Lauderdale, Florida, with 6-night Western Caribbean getaways and 8-night Southern Caribbean vacations to the beaches of Oranjestad, Aruba, and Willemstad, Curacao. Plus, every Caribbean vacation visits Royal Caribbean’s top-rated Perfect Day at CocoCay, featuring turquoise blue waters and beaches, a thrilling waterpark, pools, swim-up bars and more. Legend will also be the vacation company’s fourth ship fueled by liquefied natural gas (LNG) and feature industry-leading environmental programs. With applications ranging from waste heat recovery systems to shore power connection, Legend will help advance Royal Caribbean Group’s journey toward introducing a net-zero cruise ship by 2035.
Saona Island or Catalina Island: Which Caribbean getaway would you Choose from Punta Cana in DR?
Punta Cana, nestled on the easternmost tip of the Dominican Republic, is a quintessential Caribbean paradise renowned for its powdery white-sand beaches, crystal-clear turquoise waters, and vibrant local culture. As one of the most sought-after tropical destinations in the world, Punta Cana offers an array of activities to suit every traveler’s taste. Among the many attractions, two islands stand out as must-visit day-trip destinations: Saona Island and Catalina Island. Choosing between these two gems can be a delightful dilemma for travellers. Saona Island, part of the Dominican Republic’s National Park system, captivates visitors with its serene natural beauty and cultural charm. On the other hand, Catalina Island appeals to adventurers and snorkeling enthusiasts with its vibrant coral reefs and secluded beaches. Both islands are conveniently located within a short distance from Punta Cana, making them ideal for day trips. For those planning their excursions, hotels in Punta Cana serve as perfect bases, offering easy access to organized tours and ensuring a seamless travel experience. Whether you’re seeking relaxation or adventure, these islands promise unforgettable memories in the heart of the Caribbean. Overview of Saona Island Saona Island, a protected part of the Dominican Republic’s National Park system, is a slice of paradise that embodies the essence of the Caribbean. Known for its untouched natural beauty, the island boasts pristine beaches, lush palm groves, and shimmering turquoise waters that seem almost unreal. It’s no wonder Saona is one of the most popular day-trip destinations from Punta Cana. Key Attractions La Piscina Natural: This iconic natural pool is a shallow lagoon where warm waters gently lap against the shore, creating the perfect spot for swimming and relaxation. Travelers often wade through waist-deep water while enjoying refreshing drinks served directly to them by local vendors on floating bars. Indigenous Village of Mano Juan: A visit to this charming village offers a glimpse into the island’s rich cultural heritage. Visitors can explore traditional wooden houses, interact with friendly locals, and learn about the island’s history and traditions. Palm-Fringed Beaches: The island’s beaches are lined with swaying coconut palms, providing a picture-perfect backdrop for sunbathing, photography, or simply unwinding in tranquility. Many hotels in Punta Cana offer organized tours to Saona Island, making it incredibly convenient for travelers to plan their visits. These tours typically include round-trip transportation, guided experiences, and meals, ensuring a hassle-free and enjoyable excursion. Overview of Catalina Island For travelers seeking a quieter and more exclusive experience, Catalina Island is the perfect alternative to Saona. This small yet enchanting island is a haven for adventure seekers and nature lovers, offering a more intimate connection with the Caribbean’s marine wonders. Key Attractions Wall Diving at "The Wall": Catalina Island is famous among diving enthusiasts for its dramatic underwater cliffs, known as "The Wall." This site features stunning drop-offs adorned with colorful coral formations and diverse marine life, making it a dream destination for experienced divers. Vibrant Coral Reefs: The island’s coral reefs are teeming with marine biodiversity, including schools of tropical fish, sea turtles, and rays. Snorkelers will find themselves immersed in an underwater wonderland just moments away from the shore. Secluded Beaches: Unlike the bustling beaches of Saona, Catalina offers tranquil, uncrowded shores where visitors can enjoy a private escape. These hidden gems provide the perfect setting for couples or solo travelers looking to disconnect from the world. Catalina Island’s exclusivity and focus on adventure make it an appealing choice for those who prefer a more active and personalized experience. Its proximity to Punta Cana ensures that even a day trip feels like a mini-getaway to a secluded paradise. Choosing your favourite Activities When deciding between Saona Island and Catalina Island, travellers should consider the types of activities each destination offers and how they align with their interests. Saona Island: Relaxation and Cultural Experiences Relaxation: Saona is synonymous with leisure, offering calm waters, palm-lined beaches, and natural pools where visitors can unwind. Cultural Experiences: A visit to the village of Mano Juan provides insight into the island’s indigenous roots and local way of life. Family-Friendly: With its gentle waters and laid-back atmosphere, Saona is an excellent choice for families traveling with children. Catalina Island: Adventure and Exploration Snorkeling and Diving: Catalina’s vibrant coral reefs and "The Wall" attract thrill-seekers and underwater explorers. Adventure Sports: From kayaking to paddleboarding, the island offers opportunities for active pursuits. Romantic Getaways: Its secluded beaches and intimate ambiance make Catalina ideal for couples seeking privacy and romance. Ultimately, the choice depends on your preferences. Families and those seeking relaxation may lean toward Saona Island, while adventure enthusiasts and couples might prefer the exclusivity of Catalina Island. Accessibility and Travel Time Traveling to Saona Island and Catalina Island from Punta Cana is a seamless experience, thanks to the variety of transportation options available. Both islands are conveniently accessible by boat, ensuring a scenic journey through the Caribbean waters. Saona Island: The island is typically reached by catamaran or speedboat, with travel times ranging from 1 to 2 hours depending on the departure point and type of vessel. Catamarans offer a more leisurely and picturesque ride, often accompanied by music, drinks, and stunning coastal views. Speedboats, on the other hand, provide a quicker and more direct route for those eager to reach the island faster. Catalina Island: Located closer to Punta Cana, Catalina Island is accessible by boat in just 45 minutes to 1 hour. This shorter travel time makes it an ideal choice for travelers with limited schedules or those seeking a quick yet memorable escape. Booking excursions through hotels in Punta Cana, such as the luxurious Lopesan Costa Bavaro Resort Spa & Casino, ensures hassle-free transfers and guided experiences. Many hotels offer organized tours that include round-trip transportation, meals, and activities, allowing travelers to focus solely on enjoying their adventure. Cost effective Considerations When planning your excursion, it’s essential to consider the costs associated with visiting Saona Island and Catalina Island, as they cater to different budgets and preferences. Saona Island: Often included in all-inclusive packages offered by hotels in Punta Cana, excursions to Saona Island provide excellent value for money. These packages typically cover transportation, guided tours, meals, and access to natural pools like La Piscina Natural. For budget-conscious travelers, this option eliminates unexpected expenses while delivering a full day of relaxation and fun. Catalina Island: While equally captivating, Catalina Island may involve additional costs depending on your interests. Adventure seekers who wish to explore "The Wall" or vibrant coral reefs might need to rent diving gear or book private boat charters, which can add to the overall expense. However, for those passionate about snorkeling and marine life, the investment is well worth the unforgettable underwater experience. Ultimately, the value for money depends on the type of experience you’re seeking. Families and relaxation enthusiasts may find Saona Island more economical, while adventurers and divers might prioritize Catalina Island despite the potential extra costs. Insider Tips for Choosing the Right Excursion Deciding between Saona Island and Catalina Island can be challenging, but these insider tips will help you make the best choice based on your preferences and needs: Consider Your Travel Style: If you’re looking for a laid-back day filled with sunbathing, swimming in natural pools, and cultural exploration, Saona Island is the perfect fit. On the other hand, if you thrive on adventure and love snorkeling or diving, Catalina Island offers a thrilling alternative. Check Reviews and Recommendations: Before booking, read reviews of tour operators to ensure quality service and memorable experiences. Look for operators known for safety, professionalism, and customer satisfaction. Confirm Exclusive Deals: Many hotels in Punta Cana, including the Lopesan Costa Bavaro Resort Spa & Casino, offer exclusive deals or discounts on excursions. Confirm whether your hotel provides special rates or bundled packages to maximize savings. Combine Both Excursions: If time permits, consider visiting both islands during your stay. Each destination offers unique attractions that complement one another, providing a well-rounded taste of the Dominican Republic’s natural beauty. By following these tips, you’ll not only choose the right excursion but also enhance your overall travel experience. Immersive experiences in the Dominican Republic Both Saona Island and Catalina Island offer unparalleled opportunities to immerse yourself in the breathtaking landscapes and vibrant culture of the Dominican Republic. Whether you prefer the serene beaches and cultural charm of Saona or the adventurous allure of Catalina’s underwater wonders, each island promises an unforgettable escape tailored to your interests. Staying at hotels in Punta Cana, such as the Lopesan Costa Bavaro Resort Spa & Casino, ensures easy access to these must-visit destinations. With all-inclusive packages and expertly curated excursions, these hotels simplify planning and allow you to focus on creating lasting memories. If possible, explore both islands to fully appreciate the diversity of experiences they offer. From relaxing on palm-fringed shores to diving into kaleidoscopic coral reefs, Saona Island and Catalina Island showcase the very best of the Caribbean. Ready to embark on the ultimate Caribbean adventure? Book your stay at the Lopesan Costa Bavaro Resort Spa & Casino today and enjoy effortless access to both Saona Island and Catalina Island excursions. With luxurious accommodations, all-inclusive packages, and proximity to these stunning destinations, the resort is your gateway to a truly unforgettable vacation in Punta Cana. Don’t miss out—plan your dream getaway now!
Royal Caribbean begins building fourth Icon Class vessel
Royal Caribbean celebrated a key milestone for an iconic new vacation vessel earlier this week. The global cruise line held a keel-laying ceremony for the fourth addition to its Icon Class lineup at the Finnish shipyard Meyer Turku. This milestone event heralded the beginning of construction on the ship and will continue until it makes its debut in 2027. Joining the ranks of Icon, Star and Legend of the Seas, the yet-to-be-named fourth Icon Class vacation will deliver more of the unmatched combination of experiences that defines the game-changing Icon Class. Each bold adventure brings together plenty of ways for every type of family and vacationers to make memories across adrenaline-pumping thrills and unmatched ways to chill, a variety of ways to dine and drink, and more. First steps At the celebration, the very first building block was put into the dry dock, where construction of the ship will take place. The teams at Royal Caribbean and Meyer Turku sealed the deal and sought to draw in good fortune by placing a layer of freshly minted coins. This was done before the keel, an enormous steel block, was lifted and placed.
Royal Caribbean offers the ultimate family vacations with the Star of the Seas
With a godmother from the stars and a ship ready to shine, Royal Caribbean celebrated the family vacation of a lifetime, Star of the Seas, with an iconic naming celebration in Port Canaveral in Orlando, FL To kick off the next chapter in a bold era of family vacations, Royal Caribbean crew members, executives, loyal guests and more gathered together in Star's iconic AquaTheater, as research astronaut and payload specialist Kellie Gerardi bestowed safekeeping onto the ship, the dedicated crew and the millions of vacationers who will make memories together on Star for years to come. Gerardi said of being named the vessel’s godmother: "I'm honoured to celebrate Royal Caribbean's new Star of the Seas in such a beautiful naming ceremony as godmother, a tradition that is close to my heart and a spirit that spans both sea and space. A vacation on Star is the perfect combination of two of my biggest passions in life, a spirit of exploration and quality time with family, and I can't wait for this journey to begin." A new era for Royal Caribbean The naming ceremony marked a celebratory milestone in which Royal Caribbean officially named the ship and honored the achievements of thousands who brought Star to life. Building on the new era of vacations introduced by Icon of the Seas in Miami, Star will deliver bold seven-night adventures from its home in Port Canaveral, visiting bucket-list destinations in the Eastern and Western Caribbean, including Perfect Day at CocoCay. The vacation brand has even more standout experiences in store over the next three years across an expanding lineup of destinations, including the ultimate beach day at Royal Beach Club Paradise Island opening in December 2025 and Royal Beach Club Cozumel in 2026, along with the next game-changing adventure in vacations, Perfect Day Mexico in fall 2027. Introducing the epitome of family vacations The ultimate family vacation will now set sail with its first vacationers, who will experience the record-setting Icon Class lineup that combines the best of every vacation and create their ideal vacation day at Royal Caribbean's top-rated exclusive destination, Perfect Day at CocoCay in The Bahamas. According to Royal Caribbean Group president and chief executive Jason Liberty: "Star of the Seas represents the next bold step in our journey to reimagine vacations. It brings together the best of our innovation, signature experiences, and the most sought-after destinations into one unforgettable vacation. With Star, we're not just launching a ship, we're advancing our mission to create the world's best vacations responsibly for guests of all ages." Across eight neighbourhoods that are destinations in and of themselves, adventurers can find next-level experiences for everyone day and night, including adrenaline-pumping thrills at Category 6 waterpark and the Crown's Edge experience at 154 feet above the ocean, and unrivaled ways to chill with seven pools, including a suspended infinity pool at sea. The game-changing experiences also include the stay-and-play-all-day Surfside neighborhood designed for families with young kids, more than 40 ways to dine and drink, jaw-dropping entertainment, including the cult classic hit Back to the Future: The Musical and marquee performances across air, ice, water, and theatre Royal Caribbean president and CEO Michael Bayley said: "Here we are introducing the boldest family vacation ever! Star of the Seas delivers everything families want in a vacation with more adventure and more ways to make unforgettable memories together. We've created the world's best vacation for all ages yet again, and it's truly a magical moment to celebrate that with our Royal Caribbean family who made it all possible."
Angeles Yugdar is Virtuoso’s new general manager for Latin America and the Caribbean
Global luxury and experiential travel network Virtuoso announced the appointment of Angeles Yugdar as its new general manager in Latin America and the Caribbean. A seasoned industry leader with more than 25 years of experience in the global luxury travel space, Yugdar steps into the role following Bea Sajon’s transition to general manager for Continental Europe. Yugdar will lead the business strategy across the region, including member and partner growth and engagement. She will be based in Buenos Aires, Argentina and officially joins Virtuoso on Wednesday, 6th August. Virtuoso senior vice-president for global operations Michael Londregan said of this newest appointment: “Latin America was Virtuoso’s first international market and continues to be a strategic priority for our global network. Angeles brings a wealth of experience to a region that is as diverse as it is dynamic. We look forward to supporting her leadership as she builds on the strength of our exceptional team in-market and joins our roster of nine general managers around the globe.” Yugdar’s appointment reinforces Virtuoso’s presence of over two decades in Latin America, where the network includes more than 105 member agency locations across 16 countries. She will leverage her extensive experience in the region to manage teams in São Paulo, Buenos Aires and Mexico City. Meet Angeles Yugdar Yugdar’s career highlights include executive leadership at HRG Latin America, where she led marketing, branding and business development strategies, as well as serving as senior vice president of international markets at Travel Leaders Group. Most recently, she oversaw global expansion at Spotnana, a next-generation travel platform offering air, hotel, rail and auto content. Her deep knowledge of the Latin American market, coupled with her ability to navigate the complexities of a multi-country region, positions her well for success. Indeed, she brings a unique dual perspective to the position, having held senior roles on both the supplier and agency sides of the business.
Orient Express Corinthian sets sail for the Caribbean next October
The luxury sailing yacht Orient Express Corinthian is off on its Caribbean Season beginning October of 2026 From 12th October, the first-of-its-kind sailing yacht sets sail from Lisbon on a 14-night transatlantic voyage to Barbados, a journey devoted to wellness, to start its autumn/winter season under tropical skies. The luxurious Orient Express Corinthian fuses absolute comfort, legendary service, one-of-a-kind itineraries, unforgettable experiences and cutting-edge technology for responsible navigation, redefining the art of cruising. From October through March, Orient Express Corinthian will offer two to nine-night escapes, charting a course through turquoise lagoons, white-sand archipelagos, crystalline bays, kaleidoscopic coral reefs, secret coves and hidden inlets. From Saint-Barth’s chic shores to Moskito Island’s secluded sands, and from the emerald Exumas to the coral kingdoms of the Tobago Cays, each destination has its own story. Yet the true enchantment lies in the journey, sailing under ever-steady trade winds as tropical vistas slowly unfold. Each event is curated to transcend expectation: luminous discoveries along spectacular island landscapes; an epicurean homage to local gastronomy; and guided incursions into pristine natural sanctuaries. The journey is best described as a collection of moments poised between reverie and reality. A journey for the senses Aboard, Orient Express Corinthian reinterprets the elegance of French craftsmanship for a new era of maritime luxury, inspired by the legacy of Orient Express. Architect Maxime d’Angeac, Artistic Director of Orient Express, has conceived refined interiors that reinterpret the golden age of rail travel with a contemporary sensibility, echoing the grandeur of legendary ocean liners such as Normandie, calling upon the finest French artisans of art and craft. The sailing yacht features 54 suites, ranging from 485 ft² to 2,476 ft², and each one is framed by expansive picture windows or terraces and elevated ceilings, offering a rare sense of spaciousness at sea. With five restaurants and private dining spaces, Orient Express Corinthian elevates the art of dining at sea under the direction of multi-Michelin-starred chef Yannick Alléno, executive chef of both L’Orient Express train and Orient Express Sailing Yachts. A 115-seat cabaret and a state-of-the-art recording studio, two pools and marina complete this world of sophisticated revelry, where every evening carries the promise of a new experience. Bringing storied experiences to the high seas and beyond Artisan of travel since 1883, Orient Express sublimates the art of travel with luxury trains, unique experiences and collections of rare objects. Orient Express has just launched its first hotel, Orient Express La Minerva in Rome, which will be followed by Orient Express Palazzo Donà Giovannelli in Venice in 2026. The travel experience continues with the recent launch of La Dolce Vita Orient Express train, followed by Orient Express Corinthian in 2026, the first of two Orient Express Sailing Yachts, and finally, the return of the legendary Orient Express train to railways. Since 2022, Orient Express is part of Accor Group’s leading collection of luxury brands with a century-old legacy in the hotels and fine-dining sectors. In 2024, Accor and LVMH entered into a strategic partnership to accelerate the development of Orient Express.
“Taylor Swift Effect” Hits the Caribbean: Bad Bunny Boosts Puerto Rico’s Tourism
Puerto Rico’s tourism sector is experiencing a historic surge, with hotel occupancy, air travel, and local business activity spiking in response to Bad Bunny’s unprecedented 30-night concert residency in San Juan. Often compared to the “Taylor Swift Effect,” the residency is transforming the island into a top-tier cultural tourism destination—and redefining what off-season travel looks like for the Caribbean. Launched on July 11 and running every weekend through September 14, the concert series at the Coliseo de Puerto Rico has rapidly become more than an entertainment event. It’s a nationwide moment, breathing new life into Puerto Rico’s summer tourism and showcasing the island’s growing capacity to host global-scale residencies. A cultural icon reshaping travel trends Bad Bunny’s global influence is proving a powerful force for Puerto Rico’s economy. As a native of the island, his deep cultural ties have inspired a wave of national pride—and international curiosity. According to Discover Puerto Rico, interest in the island surged following the announcement of the residency, with hotel bookings and online travel searches reaching record highs. The most visible impact has been in San Juan, where hotels are reporting full occupancy on concert weekends. But the effects go far beyond the capital. Tourists are extending their stays and exploring the island’s beaches, forests, and heritage towns—boosting small businesses, restaurants, transport providers, and tour operators across Puerto Rico. From all-inclusive travel packages to late-night bars and boutique hotels, the entire hospitality ecosystem is benefiting. The residency has become a case study in how cultural events can drive economic momentum across sectors, even during traditionally slower travel periods. Global interest, rising infrastructure demands Airlines and airports are also experiencing a spike in activity. Flight bookings to Puerto Rico have increased sharply, with travel agencies now offering bundled packages that include concert tickets, accommodation, and curated local experiences. For the island, this means not just more tourists—but a stronger case for ongoing infrastructure investment to support sustained growth. At the same time, industry insiders are already discussing the longer-term potential. Bad Bunny’s residency positions Puerto Rico as a viable venue for global artists and entertainment promoters, potentially catalysing a wave of future residencies and major events. While the music may fade after September 14, the impact of this residency is expected to last well beyond the final encore. Tourism experts believe this moment could lead to a diversification of Puerto Rico’s visitor offerings—from nature and heritage to year-round cultural programming. The residency also marks a cultural milestone for the Puerto Rican diaspora and global fans alike. For many, attending a concert on the island is a homecoming—an opportunity to connect with community, identity, and place. For others, it’s a first-time journey to a destination that now carries the allure of both global stardom and authentic Caribbean culture.
Caribbean Travel Forum Spotlights Innovation, Resilience, and Regional Unity
Martinique Caribbean Island Bay, Les Anses d'Arlet Earlier this week at the Sandals Grande Antigua, the Caribbean Hotel and Tourism Association (CHTA) convened top leaders from across the region for the Caribbean Travel Forum, where discussions centered on shaping a more resilient, inclusive, and innovative future for Caribbean tourism. The event featured thought-provoking insights into travel trends, economic forecasts, airlift challenges, and sustainable development, underscoring the region’s commitment to thriving amid global shifts. Travel Trends and Outlook: Growth, But With Shifting Dynamics Kicking off the Forum, Olivier Ponti, Director of Intelligence and Marketing at ForwardKeys, officially launched the latest Caribbean Travel Trends report, offering timely insights into shifting traveler behavior, emerging markets and areas of opportunity to strengthen regional competitiveness. Ponti highlighted that while travel to the Caribbean is projected to grow in 2025, the pace has slowed compared to previous years. Large destinations are claiming greater market share, increasing competition across the region. Opportunities lie in diversifying source markets beyond the U.S., with strong travel intent emerging from Canada, Mexico, Colombia, Brazil, and Spain. Digital nomads, families, and high-end travelers remain key segments, with events tourism also presenting strong potential, as seen with cricket and major concerts. Economic Uncertainty Presents Both Risk and Opportunity Zeek Coleman, Vice President at Tourism Economics, emphasized the fragility of the global economic landscape, citing consumer unease despite low unemployment and reduced inflation. While intended leisure travel remains high, U.S. travelers may look closer to home, offering the Caribbean a potential edge. However, geopolitical tensions, trade wars, and a possible U.S. recession could disrupt travel behavior and impact group and business travel. Experience-Driven Travel and Higher Spend Carl Gordon, Director of Government, Strategic Growth, English Caribbean, shared key findings from Mastercard’s recent Global Travel Trends 2025 report. Gordon shared that visitors are staying longer and spending more, drawn to the Caribbean’s leading assets: its people and its beaches. Interest is surging in wellness, nature, gastronomy, and cultural experiences—well positioning the region well to capture evolving traveler preferences. Critical Policy & Advocacy Issues Identified Tourism Analytics’ James Hepple shared results from a recent regional survey of National Hotel and Tourism Associations (NHTAs), identifying the top three priorities facing the industry today: airlift and airport infrastructure, workforce development, and rising operational costs. Other key concerns included regulating short-term rentals, digital immigration systems, and cruise ship taxation. These issues represent the initial findings of CHTA’s new Advocacy Repository, a strategic resource to be fully launched later this year to inform future actions by CHTA and its national association partners. Fixing Intra-Caribbean Airlift: A Regional Imperative Addressing one of the Caribbean’s most pressing and persistent barriers to growth, CHTA President Sanovnik Destang led a powerhouse panel on the future of intra-Caribbean air connectivity. Panelists included Valerie Damaseau, Commissioner of Tourism and Culture of Saint-Martin; Mario Reyes, former airline owner, former LIAT board member, and current Saint Lucia Tourism Authority board member; and Claudio Buncamper, Chief Commercial Officer of Sunrise Airways. The panel delivered a clear and urgent message: the Caribbean cannot realize its full tourism and economic potential without reliable, efficient, and affordable regional airlift. Panelists called for decisive, collaborative action to break the cycle of fragmented connectivity that has long hindered inter-island travel and regional integration. Among the bold solutions discussed were restructuring airspace to function as a single regional zone, reducing excessive aviation taxes, rethinking aircraft deployment for better route efficiency, and reforming visa policies that discourage intra-regional movement. The session underscored that fixing airlift is not just a transportation issue—it is a strategic necessity for the Caribbean’s future. Linking Tourism to Local Economies The importance of tourism linkages was addressed in a session led by CHTA Immediate Past President Nicola Madden-Greig, who emphasized strengthening connections with agriculture, manufacturing, and entertainment to ensure tourism dollars reach local communities. Panelists Aswad Morgan, Director, Jamaica Manufacturers Association, and Winston Anderson, Regional Managing Director, Eastern Caribbean, Sandals Resorts, shared examples of successful cross-sector collaboration, highlighting tourism’s role as a catalyst for broader economic development. Sustainability in Action Hosted by Charles Fernandez, Minister of Tourism for Antigua and Barbuda, the sustainability session spotlighted bold, innovative initiatives shaping a more resilient future. The panel featured Ambassador Diann Black-Layne, Director of Environment for Antigua and Barbuda; Dr. Deborah Brosnan of Deborah Brosnan & Associates; Johnella Bradshaw, Redonda Ecosystem Reserve Coordinator with the Environmental Awareness Group; and Ruleo Camacho, Marine Ecologist and Consultant to the National Parks Authority. The session highlighted Barbuda’s emergence as a model for community-led, eco-conscious development; the extraordinary ecological restoration of Redonda into a thriving nature reserve; and Antigua and Barbuda’s pioneering coral reef restoration projects, which are supporting marine biodiversity and climate resilience. Together, these efforts reinforce the country’s leadership in sustainable tourism and offer a blueprint for environmental stewardship across the region. “Each year, Caribbean Travel Forum sets the tone for a stronger, more connected regional industry,” said CHTA President Sanovnik Destang. “CHTA is action-oriented by nature, and we are putting plans into motion using insights to help stakeholders navigate challenges and seize emerging opportunities. Whether it is festival and sports tourism, culinary and cultural travel, or tapping into growth markets like Latin America and Canada, we are focused on where the potential lies. We are also advancing intra-Caribbean travel solutions, strengthening tourism linkages to support local entrepreneurship, especially among youth, and scaling regenerative tourism efforts that benefit both our communities and our environment. Together, these actions reflect our commitment to turning ideas into meaningful impact across the Caribbean.”
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