Blog Exposure - Royal Caribbean to Stop Use of Plastic Straws on all Cruise Ships
Stock Monitor: Vail Resorts Post Earnings Reporting
LONDON, UK / ACCESSWIRE / June 12, 2018 / If you want access to our free research report on Royal Caribbean Cruises Ltd (NYSE: RCL) ("Royal Caribbean"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=RCL as the Company's latest news hit the wire. On June 08, 2018, the Company declared that it is planning to eliminate the use of plastic straws by the end of 2018. Royal Caribbean International, Celebrity Cruises, Azamara Club Cruises, TUI Cruises, and Pullmantur Cruceros will eliminate plastic straws en route to comprehensive plastics elimination programs across their brands. Register today and get access to over 1,000 Free Research Reports by joining our site below:
www.active-investors.com/registration-sg
Active-Investors.com is currently working on the research report for Vail Resorts, Inc. (NYSE: MTN), which also belongs to the Services sector as the Company Royal Caribbean Cruises. Do not miss out and become a member today for free to access this upcoming report at:
www.active-investors.com/registration-sg/?symbol=MTN
Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Royal Caribbean Cruises most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:
www.active-investors.com/registration-sg/?symbol=RCL
Guests will be Requested to Use Paper Straws Instead of Plastic Straws
Royal Caribbean's ships have begun implementing a 'Straws Upon Request' policy in 2017. That program will be taken a step further by the start of 2019, when guests will be requested to use a paper straw instead of a plastic one. Guests will also begin seeing Forrest Stewardship Council-certified wood coffee stirrers and bamboo garnish picks as part of Royal Caribbean's plastic reduction strategy. The Company's next efforts will focus on other single-use plastics such as condiment packets, cups, and bags. A full plastics audit is underway, with the overall plan to be completed in phases by 2020.
Eliminating Single-Use Plastics is Another Step in 'Save the Waves' Program
Commenting on the announcement, Richard Fain, Chairman and Chief Executive Officer (CEO) of Royal Caribbean, stated that healthy oceans are vital to the success of the Company. Fain added that for over 25 years, Royal Caribbean's 'Save the Waves' program has guided it to reduce, reuse, and recycle everything it can. Eliminating single-use plastics is another step in that program.
Royal Caribbean's 'Save the Waves' Program
Since 1992, Royal Caribbean's 'Save the Waves' program has brought best sustainability practices to the Company's ships. The program introduced state-of-the-art recycling centers onboard ships, which are equipped with shredders, balers, and compactors, as well as crushers for glass, light bulbs, tin, and aluminum. Their goal is 'zero landfill' that is all waste is reused, recycled, or incinerated. The Company already does that for its ships that operate in ports with appropriate facilities. For the rest, the average waste-to-landfill has been reduced to less than 0.5 pounds per day per person - less than 1/8 of the US average.
Royal Caribbean and the Environment
Royal Caribbean has a history of ocean conservation and environmental stewardship. In addition to the 'Save the Waves' program, other initiatives include placement of an environmental officer on every ship beginning in 1996; the installation of state-of-the-art wastewater treatment systems on its ships; and the waste reduction initiatives, which have evolved to repurpose 100% of the offloaded waste from the ships when they end cruises in Florida ports. As part of the Company's destination stewardship program, it also aligned with non-governmental and governmental organizations to form the Sustainable Destinations Alliance for the Americas, with the intention of helping the destinations in that region remain healthy and vibrant for years to come.
About Royal Caribbean Cruises Ltd
Launched in 1968 and headquartered in Miami, Florida, Royal Caribbean is a global cruise vacation Company that owns and operates three global brands, namely (i) Royal Caribbean International, (ii) Celebrity Cruises, and (iii) Azamara Club Cruises. The Company is a 50% joint venture owner of the German brand TUI Cruises, has a 49% interest in the Spanish brand Pullmantur, and a minority interest in SkySea cruises.
Stock Performance Snapshot
June 11, 2018 - At Monday's closing bell, Royal Caribbean Cruises' stock slightly advanced 0.19%, ending the trading session at $103.68.
Volume traded for the day: 890.59 thousand shares.
After yesterday's close, Royal Caribbean Cruises' market cap was at $22.15 billion.
Price to Earnings (P/E) ratio was at 13.71.
The stock has a dividend yield of 2.31%.
The stock is part of the Services sector, categorized under the Resorts & Casinos industry. This sector was up 0.4% at the end of the session.
This document has been composed with the free HTML edior. Click here to give it a try.
Active-Investors:
Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
A-I has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@active-investors.com
Phone number: 73 29 92 6381
Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
SOURCE: Active-Investors
