Royal Caribbean Forecasts $8B EBITDA, Unveils America’s Got Talent Live
Royal Caribbean’s adjusted EBITDA surpassed $7 billion in 2025 and is projected to reach $8 billion in 2026, driven by record booking volumes, strong cruise demand and new ship additions. In August 2026 Legend of the Seas will debut America’s Got Talent LIVE at sea on seven-night Mediterranean and Caribbean voyages.
1. Strong EBITDA Growth
Royal Caribbean recorded adjusted EBITDA above $7 billion in 2025 and anticipates reaching $8 billion in 2026, underpinned by elevated booking volumes, resilient consumer demand and the commissioning of new vessels expanding its capacity.
2. America’s Got Talent LIVE Debut
Beginning August 2026, Legend of the Seas will host the first at-sea America’s Got Talent LIVE show, featuring magicians, aerialists, high divers and more in the Royal Theater and AquaTheater to enhance onboard entertainment offerings.
3. Expanded Voyage Itineraries
Legend will sail seven-night Western Mediterranean cruises from Barcelona and Rome calling Marseille, Naples and Palma de Mallorca, then launch six- and eight-night Western and Southern Caribbean itineraries from Fort Lauderdale in November 2026, including stops at Perfect Day at CocoCay, Aruba and Curacao.