Royal Caribbean posted stronger-than-expected Q2 earnings, with EPS at $4.41, prompting a raised full-year forecast between $15.41 and $15.55. The company credits increased passenger demand, high satisfaction, and efficient cost management. New ships like Star of the Seas and destinations like Royal Beach Club are performing well. With robust bookings and liquidity of $7.1B, Royal Caribbean is positioned for strong growth through 2025 and beyond, backed by continued investment.