Recent RCL stock forecast data points to upward revisions in revenue guidance following higher-than-expected occupancy rates. The cruise industry recovery post-COVID is accelerating, with industry capacity utilization projected at 98% in early www.nasdaq.com/articles/will-royal-caribbean- stock -recover-to-$110-levels-2021-01-11 Cruise lines are capital-intensive businesses. High leverage is common due to the cost of ships and infrastructure. However, Royal Caribbean’s debt-to-equity ratio of 2.21 is lower than that of its peers. The cruise industry’s pricing power, seen in Q3 average fare increases of 6%, strengthens this bullish narrative.