• Despite high inflation and growing concerns of a recession, consumers continue to prove they are willing to spend on experiences, according to Royal Caribbean International CEO Michael Bayley.
• The operator of Royal Caribbean, Celebrity, and Silversea Cruises continues to see travel demand returning and, as a result, remains “quite optimistic about the future,” Bayley told FOX Business.
• The chief executive added the company considers itself a family brand even with more than 50,000 employees on 26 ships around the globe.

Tagged: World News