Better Buy: Carnival Corporation vs. Royal Caribbean Cruises

[admin]

Carnival (NYSE: CCL) and Royal Caribbean Cruises (NYSE: RCL) suffered their two worst years of revenue declines in recent history during the COVID-19 pandemic. In fiscal 2019 (which ended in November 2019), Carnival's revenue rose 10% with a healthy occupancy rate of 104%. Royal Caribbean's revenue grew 15% in 2019, with an even higher occupancy rate of 108%.