Michael W. Bayley
Chief Executive Officer and President
President and Chief Executive Officer of Celebrity Cruises
Managing Director of Celebrity Cruises of United Kingdom and Ireland
Royal Caribbean was founded in the year 1968. The company has been operational for almost 51 years now. The former name of the company was Royal Caribbean Cruise Line. The company was founded by 3 Norwegian shipping companies. The company's first ship, known as the 'Song of Norway' was put into service in the year 1970. In the year 1971, Nordic Prince was added to the fleet as well. Sun Viking was later added to the list in the following year as well. Then in the year 1986, the company had leased property in Haiti and then had turned it into a private port for guests as well. The port was then eventually named as Labadee.
As of the year 1997, the company had merged with Celebrity Cruises in order to form Royal Caribbean Cruises Limited as well. The cruise lines were then kept separate following the merger as well. In the year 2000, the Island Cruises line was launched by the company. By the year 2006, the company had acquired the Pullmantur cruise line too as well. Construction had commenced on Freedom of the Seas, the line's newest ship during that time, at Aker Finnyards in the year 2005 and also the vessel launched the next year too, as the largest passenger vessel in the world, by far. Freedom of the Seas' sister ship, known as the Liberty of the Seas, was launched in the year 2007 and Independence of the Seas was delivered during the year 2008. As of the year 2013, the company had announced the first two ships of their newest Quantum class, known as the Quantum of the Seas and also the Anthem of the Seas as well - which were being built at the Meyer Werft shipyard. The same year, the company had announced that they had signed a contract for a third Quantum-class ship as well, which was due for delivery in the year 2016. Then in the year 2014, the company had announced that the third Quantum-class ship would be named Ovation of the Seas and later in the year 2015, the company had announced that the third Oasis-class ship would be named as the Harmony of the Seas. By the year 2015, the company had announced that they had agreed to sell off the Splendour of the Seas to TUI Cruises in the year 2016. Then in the year 2016, the company had announced that they had agreed to sell Legend of the Seas to Thomson Cruises in the year 2017 as well. As of the year 2018, the company had announced that they will be conducting a massive renovation for their private island as well, known as Coco Cay, which is almost halfway done with parts opening by the end of the year 2018 and also in the year 2019 as well - with its first opening in the year 2019 and its official opening with everything completed by the end of the year 2019. The headquarters of the company is based in 1050 Caribbean Way. The name of the place is Miami, while the name of the state is Florida, USA. The pin code of the area is 33132.
Royal Caribbean is a Norweigan company that focuses on the designing and manufacturing of various kinds of ships and cruise lines as well, famously known for its Oasis of the Seas. The current CEO and president of the company are Michael Bayley. The company is a subsidiary of the Royal Caribbean Cruises Limited. The company has a market share of almost 19.2 per cent in terms of passengers and 14 per cent in terms of revenue.
The primary services provided by the company include allowing customers and clients to purchase and enjoy the various types of cruise ships that are designed, manufactured, marketed and sold by the company itself. The company also indulges in the tourism and hospitality industry as well.
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