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I've been to Royal Caribbean private islands 3 times. It's no surprise the cruise line's all-in on private destinations.

21 December 2024 at 03:18
Royal Caribbean International's Perfect Day at CocoCay private island
Cruise travelers love Royal Caribbean's profitable, resort-like Perfect Day at CocoCay private island โ€” so much so that the company is now expanding its destination portfolio.

Brittany Chang/Business Insider

  • I've been to Royal Caribbean's private island, Perfect Day at CocoCay, three times.
  • The cruise line has seen strong demand for voyages to the profitable resort-like port.
  • Royal is set to debut three resorts through 2027 as it competes in the growing cruise-owned destinations market.

Royal Caribbean is poised to build a vast and highly profitable vacation network โ€” driven not solely by its cruise vessels but by its land-based portfolio.

The company's planned three Icon Class ships are expected to launch through 2027, coinciding with the debut of its next three private ports: Royal Beach Club Paradise Island in 2025, Royal Beach Club Cozumel in 2026, and Perfect Day Mexico in 2027.

At first glance, it may seem ironic for a vacation-at-sea company to invest millions into land-based destinations.

So, to understand Royal Caribbean's real estate conquest, look at the accomplishment of its first private island, Perfect Day at CocoCay.
two royal caribbean cruise ships at cococay
Most of Royal Caribbean's Caribbean cruises include a stop at its private island, Perfect Day at CocoCay.

Brittany Chang/Business Insider

Jason Liberty, president and CEO of Royal Caribbean Group, told analysts in October that its continued success can be partly attributed to its highest-rated port, Perfect Day at CocoCay.

I've visited the in-demand destination three times since 2022. It's no surprise the 5ยฝ-year-old Bahamian retreat has become the inspiration for the company's quickly growing private port-folio.

I relish the thrill of ultra-planned, stress-inducing travel where my survival relies on Google Maps and Translate.
Royal Caribbean International's Perfect Day at CocoCay private island
Perfect Day at CocoCay has several complimentary beaches.

Brittany Chang/Business Insider

However, behind this superiority complex, I also secretly love indulging in a vacation.

Not an emotionally taxing trip โ€” a mushy-brained break where I get to rot on the beach and indulge in frivolous luxuries like guiltless naps and sugary beverages.

That about sums up why cruisers love Royal Caribbean's private island.

Some travelers criticize CocoCay for being an inauthentic Bahamian experience. While true, and for better or worse, that was never its promise.

The island was designed as an extension of Royal Caribbean's ships โ€” a beach resort on steroids.

CocoCay is best for travelers who crave the conveniences of an all-inclusive resort: secure confinement, glittery beaches, and easy food and beverage kiosks.
Royal Caribbean International's Perfect Day at CocoCay private island
Thrill Waterpark has 14 slides.

Brittany Chang/Business Insider

The island has options for every type of paradise-seeking traveler. And much like going on a cruise, there's no need for planning as part of your visit (save for excursions like entry to its beach clubs). It's all set out for you.

For kids, CocoCay has a waterpark, a zipline, a water playground, and easygoing activities like ping-pong tables.

For adults, the island has two pool clubs: a boozy Vegas-style party at Hideaway Beach and a pricier high-end retreat at Coco Beach Club.

For traditionalists seeking a no-frills beach day, CocoCay's sandy waterfront is lined with innumerable lounge chairs and slow-sloping banks.

Plus, the island feels relatively safe.
Royal Caribbean International's Perfect Day at CocoCay private island
Perfect Day at CocoCay is a day's voyage from Florida's popular cruise ports.

Brittany Chang/Business Insider

Several popular cruise ports are in destinations where the US Department of State has issued travel advisories, such as Mexico's Ensenada, Baja (Level 3 โ€” "reconsider travel" ) and Manzanillo, Colima (Level 4 โ€” "do not travel").

The agency also suggests travelers "exercise increased caution" when visiting the Bahamas, home of CocoCay.

Yet, the island felt like one of the safest places I've recently toured.

CocoCay is only accessible by Royal Caribbean Group's ships.
people with drinks at the pool in Royal Caribbean Perfect Day at CocoCay's Hideaway Beach
Hideaway Beach has a swim-up bar.

Brittany Chang/Business Insider

As such, the only people there are its staff and the ship's crew and guests.

My biggest fear there? Getting a sunburn.

That's great news for concerned parents traveling with children or folks who may have read one too many cruise-related horror stories.

Most importantly, for Royal Caribbean, it's a proverbial goldmine.
empty cabanas on the beach at Royal Caribbean International's Perfect Day at CocoCay private island
Guests can splurge on private cabanas.

Brittany Chang/Business Insider

Travelers love splurging during their daylong visit. The island doesn't require third-party excursion operators, allowing Royal Caribbean to maximize these profits.

Sections like the waterpark and beach clubs cost money to enter, from about $100 per person for the former to upward of $300 for Coco Beach Club.

Free parts of the island also have eye-catching upgrades, such as snorkeling equipment and costly cabanas.

Expect more opportunities to spend big at Royal Caribbean's coming properties.
rendering of Royal Beach Club at Paradise Island
Renderings of the "Royal Beach Club at Paradise Island" show a sprawling beachfront property lined with cabanas, lounge chairs, and pools.

Royal Caribbean International

Liberty told analysts that the cruise giant is "very mindful of having sizable significant returns" as it relates to its private properties. (It recently acquired the land for Perfect Day Mexico for $292 million.)

The company is using what it learned from CocoCay to design the Mexico location, which would also have free and paid amenities.

The same can't be said for the coming Royal Beach Club Collection.

The inaugural Paradise Island resort would accommodate about 4,000 guests a day. All would have to pay to enter, which would it a strong revenue driver.

For travelers, CocoCay is convenient, safe, amenity-rich, and beloved.
People inside the pool at Royal Caribbean's Perfect Day at CocoCay
Perfect Day at CocoCay has a free pool with a swim-up bar.

Brittany Chang/Business Insider

For Royal Caribbean, the island is a source of demand and increased revenue.

These private ports are a win-win all around, although competition could soon be stiff.

Carnival Corp is also racing to expand its private port portfolio.

The competing cruise giant plans to debut its $600 million private resort, Celebration Key, in 2025 and expand its existing private island, RelaxAway, Half Moon Cay, in 2026. It's already selling 2026 itineraries that include both destinations, starting at about $350 per person for a four-day sailing.

Read the original article on Business Insider

Want to vacation on a private Caribbean island? Just go on a cruise.

14 December 2024 at 02:55
Royal Caribbean International's Perfect Day at CocoCay private island
Many major cruise companies own and operate Caribbean private islands exclusive to their guests.

Brittany Chang/Business Insider

  • You can vacation on a private Caribbean island for as cheap as $80 a day, so long as you go by cruise.
  • Cruise lines like Royal Caribbean, Norwegian, and Carnival have islands exclusive to guests.
  • These companies have been racing to expand their private island and resort portfolio.

Winter blues got you daydreaming about a private Caribbean island vacation? As expensive as they might sound, you don't have to break the bank to go to one.

Some are as cheap as $80 a day. Although, of course, there's a catch.

You'll have to go with thousands of other travelers โ€” on a cruise ship, no less.

Many of the largest cruise companies own and operate private Caribbean islands just a day's sail from Florida's main terminals. These islands are only accessible by cruiseliners and are exclusive to their guests.

two Royal Caribbean cruise ships docked at Perfect Day at CocoCay
Royal Caribbean's private island, Perfect Day at CocoCay, accommodates cruisers virtually every day.

Brittany Chang/Business Insider

Once there, travelers can sunbathe on soft-sand beaches, snorkel with turtles in clear blue waters, and, of course, swim with pigs. Maybe for these reasons, travelers seem to love them โ€” especially Royal Caribbean Group's Perfect Day at CocoCay, the company's highest-rated port, Jason Liberty, its CEO, told investors in October.

Families visiting CocoCay can spend their afternoon at the 14-slide waterpark. About a mile away, at Norwegian Cruise Line Holdings' larger 270-acre Great Stirrup Cay, adrenaline junkies can fly through the island's six-part zipline course.

At Carnival Corp's whopping 2,400-acre RelaxAway, Half Moon Cay, guests can explore the beach by horseback.

Half Moon Cay, Carnival
Carnival Corps' Holland America and eponymous cruise line both visit Half Moon Cay.

Cruise Image Library/Holland America Line

Cruise ships generally stay docked at these private ports for less than a day. Yet, the value is comparatively hard to beat.

Carnival's Half Moon Cay itineraries are as affordable as $80 a day โ€” not bad compared to neighboring private islands that could cost upward of $150,000 per night to rent.

But that doesn't mean every amenity at these cruise-owned destinations is cheap. If these savings give you the urge to splurge, a two-bedroom villa at Great Stirrup Cay's Silver Cove resort starts at about $1,430. Similarly, cabanas at CocoCay's luxurious beach club could cost upward of $1,600. (Don't worry โ€” most of their beachside lounge chairs are free.)

two people sitting on swings at Great Stirrup Cay
Norwegian's Great Stirrup Cay has amenities like stretches of beaches, snorkeling, kayaking, and ziplining.

Norwegian Cruise Line

The three cruise giants have hundreds of voyages planned to their islands in 2025. Carnival has about 200 scheduled โ€” Royal Caribbean has more than double that.

These numbers are expected to grow in the coming years. Carnival and Norwegian plan to build multi-ship piers at their respective properties, with the latter opening in late 2025. This $150 million investment is expected to double Great Stirrup Cay's visitors the following year.

Read the original article on Business Insider

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