Royal Caribbean Opens New $125M Texas Terminal

by Shivani Kumaresan, Benzinga Staff Writer

November 10, 2022 6:22 AM | 1 min read |

Royal Caribbean Cruises Ltd RCL has inaugurated its new $125 million cruise terminal in Galveston, Texas.
The city of Galveston also marked the day with a proclamation, recognizing the cruise line's commitment to the city.
The cruise liner also introduced Texas' first Oasis Class ship, Allure of the Seas.
With the latest developments, it's estimated the new terminal will welcome as many as 630,000 vacationers each year.
"Our new, 161,334-square-foot terminal opens up a world of vacation possibilities for families in the Southwest," said CEO Michael Bayley.
Allure will sail from the new homeport on its first cruise on Sunday, November 13.
Price Action: RCL shares closed lower by 3.28% at $52.53 on Wednesday.
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