Royal Caribbean Group (Royal Caribbean Group) Construction In Progress : $3,052 Mil (As of Dec. 2023)

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What is Royal Caribbean Group Construction In Progress?

Royal Caribbean Group's quarterly construction in progress stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($3,052 Mil).

Royal Caribbean Group's annual construction in progress declined from Dec. 2021 ($1,180 Mil) to Dec. 2022 ($1,061 Mil) but then increased from Dec. 2022 ($1,061 Mil) to Dec. 2023 ($3,052 Mil).

Royal Caribbean Group Construction In Progress Historical Data

The historical data trend for Royal Caribbean Group's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Royal Caribbean Group Construction In Progress Chart

Royal Caribbean Group Annual Data

Trend

Dec14

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Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1,110.96

1,078.24

1,180.49

1,061.00

3,052.00

Royal Caribbean Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															1,061.00	-	-	-	3,052.00

Royal Caribbean Group Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Royal Caribbean Group (Royal Caribbean Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Royal Caribbean Group (NYSE:RCL) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

RCL:Mexico RC8:Germany RC8:Germany R1CL34:Brazil

Address

1050 Caribbean Way, Miami, FL, USA, 33132

Website

https://www.rclcorporate.com

Royal Caribbean is the world's second-largest cruise company, operating 64 ships across five global and partner brands in the cruise vacation industry, with 10 more ships on order. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in the first quarter of 2021.

Executives

Arne Alexander Wilhelmsen	director	ANDERS WILHELMSEN & CO. AS, BEDDINGEN 8, AKER BRYGGE, OSLO Q8 NO-0118
Harri U Kulovaara	officer: EVP, Maritime	ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Michael W Bayley	officer: EVP, International	ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Laura H Bethge	officer: President, Celebrity Cruises	1050 CARIBBEAN WAY, MIAMI FL 33132
Maritza Gomez Montiel	director	C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Henry L Pujol	officer: Vice President, Controller	ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Naftali Holtz	officer: Chief Financial Officer	1050 CARIBBEAN WAY, MIAMI FL 33132
Robert Alexander Lake	officer: SVP, CLO, Secretary & CCO	C/O WORLD FUEL SERVICES CORPORATION, 9800 N.W. 41ST STREET, MIAMI FL 33178
Jason T Liberty	officer: President and CEO	GATE NO 4, PLANT 10 / 11 GODREJ & BOYCE, PIROJSHANAGAR, LBS MARG, VIKHROLI (WEST), MUMBAI, MAHARASHTRA K7 400079
Rebecca Yeung	director	205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Vagn O Sorensen	director	ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Michael O Leavitt	director	LEAVITT PARTNERS LLC, 299 SOUTH MAIN STREET STE 2300, SALT LAKE CITY X1 84111
Lisa Lutoff-perlo	officer: EVP, Operations, RCI	1050 CARIBBEAN WAY, MIAMI FL 33132
Bradley H Stein	officer: SVP, GC & Chief Compliance Off	1050 CARIBBEAN WAY, MIAMI FL 33132
Roberto Martinoli	officer: Pres & CEO, Silversea Cruises	1050 CARIBBEAN WAY, MIAMI FL 33132