going today. at to there's and Jason going Jason do our results. will on take on Because Royal have I'm us you, a good provide slightly the Thank I to spoiler I'm joining positioning. near-term different thank this morning then Caribbean, and and results. a happening more use morning and my time philosophize than for focus a color bit to everybody, much come But so back usual. tact you strategic
We are these pleased results. with very
specifically for participating first features Last and latest with Celebrity sailing doing the Galapagos well. sustainability, is ship our built inauguration and even advances Galapagos is ship Flora. ship the She for month, the capabilities. pleasure had of in the she the guests research in ever I extremely in beautiful our of newest the A in magnificent
I Galapagos, that Darwin that strongest, book, to Species, been business. his the Origin our in not for species the relevant you the not the is one also What not it's manage the are those a we since published survive Galapagos that how are concept it's believe of species Ever able of observed true for notice symbol we of evolution. adapt. most as are thing there the The corporate have species well. fastest. and the there smartest, That's true to thrive species that animal very
is an that believe adapt world, We the in adapting leading fast-changing innovation environment. that to succeed The Caribbean change adapt called to to really to innovation, ever-changing often but people today's you world. and/or at need to to and world. rapidly innovate adapt a to of evolving in proud to who continue is ability I'm Royal
future our guests to to do is been the environment to respond Innovation change has changing tenet our and change. and to the drive of because and to to continue ability We desires our operate. continue adapt central changing current we of well which we a product and
opportunity is the way remain for They really it justice. it just manifestation one at in run duty It wouldn't recent best demand satisfy Itineraries and guests most of resets To a Day Perfect in CocoCay. our Perfect The the most both are to as one short bar market. do the that cruise example. Day considerations describe home is possible. our the important our that of and
it's wouldn't designed that cruise to lines doing cruise customers other it was who that note But Perfect otherwise and beautifully. important Day attract steal designed taking from to to wasn't it's customers a be
think makes grow so important why and our why industry it grown industry and this nicely. continues has to point I an about the
on other Dallas, I curve. really many that attract a follow that I them can know property you I industries visitors Dallas. If this little of there's have call have do very highly a in and to many to more inelastic demand of
piece who my focus the supply and so bigger Dallas share of pie. is to is short-term getting a is And of on trying term the strategy in is only already inelastic a the the demand there. Since get inelastic, those in are facilities bigger that short
industry, in can travel far-flung cruise their In to to what to the elastic. from innovated want curve is vacations. adapted We demand places. people the even highly the ships Furthermore, in over has the to i.e. better our attract we the visitors years cruise and new short-term do industry cater
mousetraps Simply to is the put path industry world created has beating better the door. our and a
As otherwise as for such cruise as been a result, is demand cruising the the faster that than growing and expected might are adapting innovating. have and lines
while our of as adapted And the have grown yesterday. of industry too agent from as our advisor and partners. yesterday the the are of today advisers The travel cruise Travel cruise today industry from of different of has so as distribution travel the channel. role the is dominant different is
we no is accident the largest price even are of increases. enjoying significant and a It significant with this supply company that industry with levels one even year growth supply, of
the adapt the As to continue entire will grow. our industry industry, continues industry to
his is become desires craves That now only focus goods. on talked phenomenon the adaptation product. day I industry now the in long vacationing over experiences the to that ubiquitous the our spot. sweet real But talk heard become public of relevant about I've cruise the that very and more other ball-bearing the can of is aspects that experiences manufacturer to plays message has public. beautifully cruising a material Part how a so about imagine. experiential changing the has I of
not It's distinction in can people mere balance question should and the overcapacity I balance More remember, industry. or the I as long a we semantics. worried a have as correctly, supply one talking isn't think, and of For about about be the other between our demand.
implies amount overcapacity a is fixed capacity. a but that changing about of there amount of demand, Talking
of In fact reverse amount the and almost fixed highly relatively capacity amount a exactly a variable demand. situation is the of with
our able been take has expect it adapt to to growth. why of curve. those demand lower Fortunately, continued is demand That to who elastic has confound advantage this industry
often issue raised, recently, that R other One is the is especially word, recession.
results pundits have economy. economy hear end amazingly Our of of sustained unquestionably the buoyed that by robust an lots imminent and been and strong we predicting
point recall other only a out. of and the downturn conscious when my we very are the we But I negative being all that fact, some In that. certainly occur two predictions years turned can was in will consistently more know how time career ago, and at
change, To circumstances my point, to are when adapt. earlier prepared we
of one our things is no attractiveness, think features the While it better that us of growing cost well has cetera; I able the in recession-proof, fixed the all even looking bad component, The price et portability these relative to recession-resistant. product, do the of make industry assets, forward, make our appeal times.
where market Spectrum ships A despite ain't good example started very weakening that are few that a wisdom would the economy. whose just idea. Spectrum and China, such well, ship suggests Conventional weeks of of economy bringing doing there our the softer But be ago. good operating other into a is a new Seas a
economy. given. building more improving not a as results, supply. than is Again, it innovation live The with the by reason, taking to we by improved demand, are supply/demand in a that market, a poor capacity balance trying and with us are Adaptability again, the good rather produce helping
be So year a on this year proving to fronts. good many is very
is that that's However, area to related this another sustainability. month area has also us important seen important and milestone in
take most our As we new in the of the you level. efforts Fund, sustainability to a with know, partnership Wildlife XXXX, to launched World
provides At conjunction of We be with that what goals WWF, able important Royal to this the Caribbean, in benefit accountability an is program making measurable that their measured specific but believe we gets of specific also better not only we like established three in to did from gets because a success areas expertise, this. sustainability. and to targets
The these production. and areas established destinations carbon sustainable sustainable the three were areas where in footprint, quantifiable of food goals we
sustainability our Europe. set to North XX% and the farm a objectives GSTC carbon caught reach end of these XXXX. of tours responsibly Specifically, goal XX% we public the from undertook the offering certified a globally footprint to sourcing base, wild and seafood America reduction by and XXXX seafood We in XX% standard X,XXX in
that two weeks so I'm just we year We schedule. yet our ago, to report on sourcing are hope and target working soon. on our to happy to earlier do sustainable we diligently and this achieved tour our food reach certified goal, X,XXXth not carbon we're goal there footprint but that sustainable We're operation.
numerous this we in forward, fronts progressed have rapidly Looking on area.
will as ships new fuel. LNG use Our clean
capable, with advancing; of our eliminate cetera. more most is have installed of our ramping our zero-emission fleet, are zero to fuel ships our et Advanced landfill plastics system cells experimentation Purification food our single-use et reduce cetera, on more continues, up, and keeps waste Emission efforts program to We
and year thought we to terrific we better at quarter. end set a doing that been quarter, it that so. well, we're do able the we're the only announce have than to It's doing not of been Each prior continue looks but to
looking early bookings also provide XXXX are are that optimism at We where well. exceptionally the as XXXX for strong and
continue highly on of has such the so areas projects we controlling like investments on returns think technology to Obviously, on these costs. strong strategic as Day, But these put our our forward. and be exceptional metrics. some focus focused investments on we on and pressure in We innovative going Perfect continue moves to been and far, aggressive generating our return
more our strategic I this usual than focused have In on update, focus.
comes to I As together. plan Team, when say a A the I love on used it
strategic We success. driver have the adaptation/innovation our as on a see alignment key vision. strong We throughout organization a of
good it's is momentum about industry. discipline see complex workforce Darwin sustainability qua our our as see one. a We for core. see delivering a we as We challenge And non. on cost and is and sine a see Charles company a picture never-ending positive supply/demand all the that Adaptability/innovation above. as observed, passionate of a We for favoring
we'll We continue doing and very to are best do so. our
results. And with that, Jason to Jason? the I'll an provide overview of ask
