Royal Caribbean Cruises Ltd. (NYSE:RCL) Q4 2024 Earnings Conference Call January 28, 2025 10:00 AM ET

Company Participants

Blake Vanier - VP, IR
Jason Liberty - President & CEO
Naftali Holtz - CFO
Michael Bayley - President & CEO, Royal Caribbean International

Conference Call Participants

Brandt Montour - Barclays
James Hardiman - Citi
Steve Wieczynski - Stifel
Matthew Boss - J.P. Morgan
Robin Farley - UBS
Conor Cunningham - Melius Research
Ben Chaiken - Mizuho
Vince Ciepiel - Cleveland Research

Operator

Good morning. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Royal Caribbean Group Fourth Quarter and Full Year 2024 Earnings Conference Call. All participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions].

I would now like to introduce Blake Vanier, Vice President of Investor Relations. Mr. Vanier, the floor is yours.

Blake Vanier

Good morning, everyone, and thank you for joining us today for our fourth quarter 2024 earnings call. Joining me here in Miami are Jason Liberty, our Chief Executive Officer; Naftali Holtz, our Chief Financial Officer; and Michael Bayley, President and CEO of the Royal Caribbean brand.

Before we get started, I would like to note that we will be making forward-looking statements during this call. These statements are based on management's current expectations, and are subject to risks and uncertainties. A number of factors could cause actual results to differ materially from our current expectations.

Please refer to our earnings release issued this morning as well as our filings with the SEC for a description of these factors. We do not undertake to update any forward-looking statements as circumstances change.

Also, we will be discussing certain non-GAAP financial measures which are adjusted as