Chairman and executive officer Richard D. Fain has insisted that Royal Caribbean remains dedicated to the Pullmantur brand which was described as a “market leader” and responsible for “diversifying guest sourcing into new markets”.
Mr Fain also attributed the loss to the challenging European environment, the flow on effect of the Costa Concordia incident and super-storm Sandy.
Words: Natalie Aroyan
COMPETITION
Win An Australia & New Zealand Cruise With Celebrity Cruises
Win an Australia or New Zealand voyage of your choice, with Celebrity Cruises. The winner will be able to pick a local cruise of up to the value of $7,996 for two people.