celebrity cruises profit

Celebrity Cruises revenue

Celebrity cruises's revenue is $3.1 billion., what is celebrity cruises's revenue.

• Celebrity Cruises has 3,000 employees, and the revenue per employee ratio is $1,033,333.
• Celebrity Cruises peak revenue was $3.1B in 2023.

On This Page

Celebrity cruises competitors.

Celebrity Cruises's top competitor, Carnival Cruise Line, earned an annual revenue of $12.2B.

Celebrity Cruises's smallest competitor is Boston Harbor Hotel with revenue of $880.0K last year.

Celebrity Cruises Revenue FAQs

How much does celebrity cruises make a day, search for jobs, related company revenues.

• Carnival Cruise Line Revenue
• ncl Revenue
• Holland America Line Revenue
• Norwegian Cruise Line Revenue
• Oceania Luxuries Cruises Revenue
• Greenberg Traurig Revenue
• Citadel Securities, LLC Revenue
• Holland & Knight Revenue
• Akerman Revenue
• United Data Technologies Revenue
• TracFone Wireless Revenue
• Brightstar Revenue
• Miami-Dade County Public Schools Revenue
• RCL Revenue
• Cable & Wireless Communications Revenue

Working At Related Companies

• Carnival Cruise Line
• Holland America Line
• Norwegian Cruise Line
• Oceania Luxuries Cruises
• Greenberg Traurig
• Citadel Securities, LLC
• Holland & Knight
• United Data Technologies
• TracFone Wireless
• Miami-Dade County Public Schools
• Cable & Wireless Communications

Related Company Jobs

• Carnival Cruise Line Jobs Near Me
• Norwegian Cruise Line Jobs Near Me
• Nemacolin Jobs Near Me
• Ala Carte Entertainment Jobs Near Me
• Station Casinos Jobs Near Me
• Holland & Knight Jobs Near Me
• United Data Technologies Jobs Near Me
• Brightstar Jobs Near Me
• RCL Jobs Near Me
• Armor Correctional Jobs Near Me
• Shutts & Bowen Jobs Near Me
• H.I.G. Capital Jobs Near Me
• Lennar Jobs Near Me
• Nicklaus Children's Hospital Jobs Near Me
• OPKO Health Jobs Near Me

Celebrity Cruises Highest Paying Jobs

• Finance Controller
• Team Leader
• District Sales Manager
• Guest Lecturer
• Product Representative
• Special Services Agent
• Executive Chef
• Lighting Designer
• Administrative Officer
• Training Manager
• Disc Jockey
• Food Consultant
• Band Leader
• Executive Assistant
• Celebrity Cruises
• Celebrity Cruises Revenue

Zippia gives an in-depth look into the details of Celebrity Cruises, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Celebrity Cruises. The employee data is based on information from people who have self-reported their past or current employments at Celebrity Cruises. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Celebrity Cruises. The data presented on this page does not represent the view of Celebrity Cruises and its employees or that of Zippia.

Celebrity Cruises may also be known as or be related to Celebrity Cruises, Celebrity Cruises Inc, Celebrity Cruises Inc. and Celebrity Cruises, Inc.

Key Statistics

Current financial information.

*Starting in Q1 2023 we have disclosed and reconciled Gross Margin Yields and Net Yields, as defined in our Quarterly Report on Form 10-Q for the three months eneded March 31, 2023. We utililze these financial metrics to measure relevant rate comparisons to the corresponding periods in 2019, which is the last year of normalized operations, given our 2022 and 2021 reduction in capacity and revenues, due to the impact of the COVID-19 pandemic on our operations.

Historical Financial Information

Capital structure*, capital structure* (see 10-k), fleet expansion projects.

Cautionary Statement Concerning Forward-Looking Statements

Certain statements in this release relating to, among other things, our future performance estimates, forecasts and projections constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to: statements regarding revenues, costs and financial results for 2020 and beyond. Words such as “anticipate,” “believe,” “could,” “driving,” “estimate,” “expect,” “goal,” “intend,” “may,” “plan,” “project,” “seek,” “should,” “will,” “would,” “considering”, and similar expressions are intended to help identify forward-looking statements. Forward-looking statements reflect management’s current expectations, are based on judgments, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. Examples of these risks, uncertainties and other factors include, but are not limited to the following: the impact of the global incidence and spread of COVID-19, which has led to the temporary suspension of our operations and has had and will continue to have a material adverse impact on our business and results of operations, or other contagious illnesses on economic conditions and the travel industry in general and the financial position and operating results of our Company in particular, such as: the current and potential additional governmental and self-imposed travel restrictions, the current and potential extension of the suspension of cruises and new additional suspensions, guest cancellations; our ability to obtain sufficient financing, capital or revenues to satisfy liquidity needs, capital expenditures, debt repayments and other financing needs; the effectiveness of the actions we have taken to improve and address our liquidity needs; the impact of the economic and geopolitical environment on key aspects of our business, such as the demand for cruises, passenger spending, and operating costs; incidents or adverse publicity concerning our ships, port facilities, land destinations and/or passengers or the cruise vacation industry in general; concerns over safety, health and security of guests and crew; further impairments of our goodwill, long-lived assets, equity investments and notes receivable; an inability to source our crew or our provisions and supplies from certain places; the incurrence of COVID-19 and other contagious diseases on our ships and an increase in concern about the risk of illness on our ships or when traveling to or from our ships, all of which reduces demand; unavailability of ports of call; growing anti-tourism sentiments and environmental concerns; changes in US foreign travel policy; the uncertainties of conducting business internationally and expanding into new markets and new ventures; our ability to recruit, develop and retain high quality personnel; changes in operating and financing costs; our indebtedness, any additional indebtedness we may incur and restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business, including the significant portion of assets that are collateral under these agreements; the impact of foreign currency exchange rates, interest rate and fuel price fluctuations; the settlement of conversions of our convertible notes, if any, in shares of our common stock or a combination of cash and shares of our common stock, which may result in substantial dilution for our existing shareholders; our expectation that we will not declare or pay dividends on our common stock for the near future; vacation industry competition and changes in industry capacity and overcapacity; the risks and costs associated with protecting our systems and maintaining integrity and security of our business information, as well as personal data of our guests, employees and others; the impact of new or changing legislation and regulations or governmental orders on our business; pending or threatened litigation, investigations and enforcement actions; the effects of weather, natural disasters and seasonality on our business; emergency ship repairs, including the related lost revenue; the impact of issues at shipyards, including ship delivery delays, ship cancellations or ship construction cost increases; shipyard unavailability; and the unavailability or cost of air service.

In addition, many of these risks and uncertainties are currently heightened by and will continue to be heightened by, or in the future may be heightened by, the COVID-19 pandemic. It is not possible to predict or identify all such risks.

More information about factors that could affect our operating results is included under the caption “Risk Factors” in our most recent quarterly report on Form 10-Q, as well as our other filings with the SEC, and the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our most recent annual report on Form 10-K, copies of which may be obtained by visiting our Investor Relations website at www.rclinvestor.com or the SEC’s website at www.sec.gov . Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to us on the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

We've detected unusual activity from your computer network

To continue, please click the box below to let us know you're not a robot.

Why did this happen?

Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. For more information you can review our Terms of Service and Cookie Policy .

For inquiries related to this message please contact our support team and provide the reference ID below.

The ultimate guide to Celebrity Cruises ships and itineraries

Update: Some offers mentioned below are no longer available. View the current offers here .

Celebrity Cruises is the cool kid among the seven big cruise lines that account for the majority of cruises taken by North Americans.

Operating relatively big but not giant vessels, the Miami-based brand is known for some of the most stylish and cutting-edge ships in the cruise business. It's a line that is all about high-end design, innovative features (just wait until you read about the "magic carpet") and on-trend restaurants that are aimed at sophisticates, not a party crowd.

Celebrity ships also are significantly more all-inclusive — and even a tad more upscale — than the ships operated by the other big cruise lines. Since late 2020, the line has included unlimited drinks, Wi-Fi and daily gratuities in its base fare as part of a new Always Included fare structure .

For more cruise news, reviews and tips, sign up for TPG's new cruise newsletter .

Still, for now at least, Celebrity ships are firmly anchored in the mass-market category. The line in recent years has often used the term "luxury" to describe its offerings. However, the size of its ships, their service levels and — perhaps most importantly — their price points are all a lot closer to what you'll find at such mass-market lines as Princess Cruises and Holland America than at true luxury brands such as Seabourn and Regent Seven Seas Cruises.

In our book, that's not a bad place to be.

With relatively inclusive fares for some sailings at Celebrity starting under $100 per person, per day, there's a good argument to be made that the line is one of cruising's great values. It may not be a luxury line. However, it's the line you take if you want a taste of the all-inclusive and upscale experience of a luxury line without paying $1,000 per person, per day.

3 things TPG loves about Celebrity Cruises

• The stylish design of its ships.
• Its industry-leading shipboard spas.
• Its inclusion of drinks, Wi-Fi and gratuities in base fares.

What we could do without

• Confusing company marketing calling it a "luxury" brand.

The Celebrity Cruises fleet

Of the seven big cruise lines that account for the majority of cruises taken by North Americans, Celebrity has one of the simplest fleets.

At the core of the brand are 12 relatively big ships that can be bunched into just three groups, or "classes," as they are known in cruise industry lingo.

The newest group of ships in the line is the Edge Class, consisting of just three vessels that have been unveiled since 2018 — each holding around 3,000 passengers. If you're in the "newer is better" camp when it comes to cruise ships, this is the Celebrity ship class for you.

Celebrity currently has plans for five Edge Class vessels in all. Two more of the vessels are expected to be constructed by 2023 and 2024, respectively.

Eventually, the abovementioned rollouts will make the Edge Class the new core of the Celebrity fleet. For now, though, that title falls to the line's five-ship Solstice Class series. If you take a Celebrity cruise now, the odds are you'll be on one of these ships.

Just a tad smaller than the Edge Class ships, the Solstice Class vessels were unveiled between 2008 and 2012.

The last grouping of relatively big ships in the Celebrity fleet is the Millennium Class, made up of four significantly smaller vessels that debuted between 2000 and 2002.

In addition, Celebrity operates three very small vessels in the Galápagos that, together, make up a fourth grouping of vessels. As we'll explain below, these three vessels are far different than the line's 12 main ships and constitute what is, in effect, a separate business for the brand.

The 12 main vessels in the Celebrity fleet are not nearly as big as the vessels operated by Royal Caribbean , Norwegian Cruise Line and MSC Cruises — the three lines best known for giant ships. The biggest Celebrity ship, Celebrity Beyond, measures around 141,000 tons. That's nearly 40% smaller than the biggest ships operated by Royal Caribbean.

Related: The 4 types of Celebrity Cruises ships, explained

Celebrity's Solstice Class and Millennium Class ships are even smaller at around 122,000 tons and 91,000 tons, respectively.

All of Celebrity's 12 main ships carry around 2,000 to 3,000 passengers apiece, based on double occupancy. That's several thousand passengers fewer than the biggest ships at Royal Caribbean, Norwegian and MSC Cruises.

The line's three Galápagos-based vessels are downright tiny, as they must be to operate in the Galápagos. The government of Ecuador, which controls the archipelago, does not allow vessels that carry more than 100 passengers to sail in the destination.

Celebrity's three Galápagos-based vessels carry just 16 to 100 passengers each.

In all, Celebrity's 15 vessels have 26,733 berths, when counting just the two main berths in every cabin (excluding extra pull-down bunks and pull-out sofas). That puts Celebrity among the smaller of the big lines catering to North Americans. One of its main rivals, Princess, has nearly twice as many berths (45,816), based on double occupancy. The world's biggest cruise line, Royal Caribbean, has more than three times as many berths (88,307).

Destinations and itineraries

Celebrity sails almost everywhere in the world, but its heaviest presence is in the Caribbean, Europe and Alaska. In a typical summer, the line will deploy seven of its 12 main vessels to Europe while sending another three to Alaska. That leaves just two vessels that Celebrity typically will assign to Bermuda and Caribbean sailings.

During the winter, the line will move most of its ships to the Caribbean, but also send a few to Asia, Australia and South America.

For the coming winter, 10 of the line's 12 main ships are scheduled to sail in the Caribbean. There will be one ship apiece in Australia and South America. The line has canceled its normal deployment of one ship to Asia due to continuing COVID-19-related travel restrictions in the region.

The line's three small Galápagos-based vessels never leave the region, in keeping with rules governing cruise vessels in The Galápagos.

In all, Celebrity ships sail to nearly 80 countries in a typical year, hitting all seven continents. They visit more than 300 different ports and destinations. Those are all large numbers, but they're not quite as large as what you'll find at some of Celebrity's biggest competitors. Celebrity doesn't offer quite as big a range of itineraries as Princess and Holland America , for instance.

Among the line's itineraries, you'll find everything from two-night sampler cruises to the Bahamas to 18-night voyages to Hawaii and the South Pacific. Celebrity isn't known for the sort of longer, multi-month voyages and around-the-world sailings that are a hallmark of the Princess and Holland America schedules. Most of the line's itineraries are in the one- to two-week range.

In North America, Celebrity ships generally sail out of Fort Lauderdale, Miami and Tampa in Florida; Boston; Cape Liberty, New Jersey (one of the ports for New York City); San Juan, Puerto Rico; Los Angeles and San Diego; Vancouver, British Columbia; Seattle; and Seward, Alaska.

Related: The 5 best destinations you can visit on a Celebrity cruise

In Europe, Celebrity ships mostly sail out of Southampton in the U.K.; Amsterdam, The Netherlands; Barcelona; Piraeus, Greece (the port for Athens); Venice and Civitavecchia (the port for Rome) in Italy; and Lisbon, Portugal.

Who sails Celebrity Cruises?

Celebrity appeals to a somewhat older demographic than some of its best-known rivals in the world of relatively big ships (think: Royal Caribbean, Carnival Cruise Line , MSC Cruises and Norwegian). This is, in part, because its onboard offerings are not aimed at families nearly as much as the onboard offerings of the latter brands.

Unlike Royal Caribbean, Carnival, MSC Cruises and Norwegian, Celebrity doesn't load up the top of its ships with sprawling waterparks, go-kart tracks, laser tag courses and other flashy, family-focused diversions.

Instead of bustling attractions, the top decks of Celebrity ships offer lots of quiet and relaxing pool and lounge areas where you can enjoy the experience of being at sea without a lot of hustle and bustle. Inside, the experience revolves around dining, classic showroom entertainment and a classy bar and music scene — just as it has on Celebrity ships for years.

It's the sort of experience that draws a lot of couples in their 40s, 50s and 60s, but not necessarily a lot of families. The average age of a Celebrity passenger is a tad north of 50.

Still, while families with younger children usually gravitate to one of the above-mentioned lines with more family-friendly activities, that doesn't mean you can't bring your kids on a Celebrity cruise. The line does offer a relatively robust children's program (more on that below).

While not huge with families with young children, Celebrity does draw a fair number of multigenerational family groups. It's one of the lines you take if you want an affordable ship that will appeal to your 70-year-old parents as much as your 12-year-old kid.

Cabins and suites

Celebrity ships offer a wide range of cabin categories at a variety of price points. You'll find everything from relatively low-cost, windowless "inside" cabins measuring just 181 square feet (perfect for vacationers on a tight budget) to massive, multi-room suites that are 10 times that size (and priced to match).

At the high end, some of the accommodations are truly stunning. They include two so-called Iconic Suites on each of the line's new Edge Class ships that measure more than 2,500 square feet, including outdoor balcony space. That's roughly the size of the average American home.

Located at the very top front of the Edge Class vessels, above the bridge (meaning you'll have a better view than the captain in these rooms), the Iconic Suites offer breathtaking views through floor-to-ceiling panoramic glass windows. Each has two bedrooms, a dining room and a living room. Master bathrooms are true stunners with massive whirlpool tubs, marble-lined showers and two sink areas.

The Iconic Suites aren't the only over-the-top suites on the Edge Class ships. Each of the vessels also has two multi-room Penthouse Suites that measure more than 1,575 square feet, as well as the line's first two-deck-high suites. Dubbed Edge Villas, the latter accommodations (there are six on each ship) only measure 950 square feet, including balcony space, but may be the most alluring cabins on the ship, with stunning sea views from both a downstairs living room area and an upstairs bedroom area.

Related: Everything to know about Celebrity cabins and suites

The Edge Class ships are, by far, the line's most suite-heavy ships, with a whopping 190 suites of different types on each vessel. The Edge Class ships also offer hundreds of special spa-themed AquaClass cabins and Concierge Class cabins that come with special amenities. However, you'll find plenty of suites and special AquaClass and Concierge Class cabins on Celebrity's other ships, too.

In general, Celebrity offers a lot more high-end accommodations on its ships than some of its rival lines — particularly Princess. It's one of many differentiators between the brands.

Celebrity is also known for one of the most innovative new cabin types in the cruise industry, the "infinite veranda" cabin. Found only on Celebrity Edge and Celebrity Apex, these are standard size balcony cabins with outward-facing walls that are almost entirely made of glass.

Billed as an industry first, the new glass-walled cabins were made possible by a rethinking of the way the load-bearing walls of cruise ships are constructed.

Notably, the top of the glass walls in the infinite veranda cabins slide down at the flick of a switch to create a balcony-like area — an innovation that, until recently, had only been seen with cabins on river cruise ships. The balcony-like area can be closed off from the rest of the cabin by closing bifold doors.

Celebrity's Solstice Class and Millennium Class ships have more traditional balcony cabins.

Both the Edge Class and Solstice Class are known for ships with an inordinately large percentage of cabins that feature balconies. About 81% of cabins on Edge Class ships include balconies. On the Solstice Class ships, the percentage is even higher, at 85%.

About 57% of cabins on Millennium Class ships have balconies.

Restaurants and dining

Every Celebrity vessel has one and sometimes up to four main restaurants where meals are included in the fare, and these dining rooms are at the heart of the dining experience on Celebrity ships. Many passengers have all or most of their dinners in one of these main restaurants.

For dinners in these main restaurants, you must sign up for either Select Dining, which is where you can show up whenever you want, or Traditional Dining, where you have a fixed table and time for dinner.

Note that only a certain number of passengers can choose Select Dining per sailing. If this is what you want, it pays to book your cruise early, as Select Dining is typically available on a first-come, first-served basis.

Also, note that the Select Dining process works a little differently on the three Edge Class ships, which have four different main restaurants with varying themes.

Every Celebrity vessel also has a casual buffet eatery where meals are included in the fare. Near the main pool area on ships, these are called Oceanview Cafe, and they typically offer a wide range of dishes.

Another included-in-the-fare option found on Celebrity ships is the deck-top Mast Grill, which serves burgers, hot dogs and the like.

Every Celebrity ship also has at least a few extra-charge eateries. On many ships, you'll find the line's signature Italian restaurant, Tuscan Grille. It serves up handmade pasta, artisanal meats, flatbread pizzas, seafood and other Italian specialties in an elegant setting and comes with a flat fee of $30 per person.

Some Celebrity ships also have a classic French restaurant called Murano, which comes with a flat fee of $40 per person. The menu here features everything from veal tenderloin to herb-crusted lamb. There's also a six-course tasting menu that comes with wine pairings for each course at an additional cost.

Other extra-charge venues found on at least some Celebrity ships include Raw on Five, which serves sushi and sashimi, and The Porch, which offers a raw bar with oysters and lobster rolls. Some ships feature a Parisian patisserie-like venue called Le Grand Bistro that offers light fare such as ham-and-cheese baguettes during the day and gourmet charcuterie and cheese boards with carafes of wine in the evening.

In addition, passengers staying in spa-focused AquaClass cabins on Celebrity ships have access to an exclusive restaurant with a spa-inspired menu called Blu (there's no per-visit charge; the cost is folded into your AquaClass fare). There's also an exclusive restaurant on Edge Class ships for passengers staying in The Retreat suites called Luminae. It features dishes created by star New York chef Daniel Boulud.

Celebrity's newest ship, Celebrity Beyond, has its very own Daniel Boulud restaurant called Le Voyage.

Entertainment and activities

Celebrity ships are loaded with entertainment and activities that range from Broadway-style theater shows and live music to glassmaking classes. Top decks of Celebrity ships have lots of pools, lounge areas and — on some ships — park-like retreats with real grass. Just don't expect a floating amusement park. Unlike some big-ship lines, Celebrity isn't topping its vessels with waterslides, go-kart tracks, ropes courses and other family-focused attractions.

Theaters and shows

There's no shortage of theater and lounge entertainment on Celebrity ships. On a typical night, you might find a flashy, fast-paced production show playing in the main theater, a comedian performing in a secondary lounge and live music on offer in several more venues.

In many cases, the main theaters on Celebrity ships are quite elaborate, with Broadway-level lighting and special effects, and the productions housed within the theaters are elaborate, too.

Typical productions include "Elyria," an adults-only, fashion-forward fairytale with a sultry late-night vibe, and "A Hot Summer Night's Dream," where you'll be immersed in a light-hearted journey that fuses music with extraordinary acrobatics and, yes — a little bit of Shakespeare.

Celebrity also is known for a partnership with American Ballet Theatre that brings exclusive performances from American Ballet Theatre performers on select ships, dance classes with the performers and "meet and greet" events with the performers.

Other interior attractions and activities

In addition to entertainment spaces, the interiors of Celebrity ships are filled with other venues where passengers can kick back and let loose day and night, including some that are quite unusual.

Celebrity's three newest ships (Celebrity Beyond, Celebrity Edge and Celebrity Apex), for instance, have fanciful, tropical garden-inspired lounge, dining and entertainment areas at their backs called Eden that are like nothing else you will find at sea.

Soaring three decks high and lined with glass walls, the Eden venue on each of the ships comes alive at night with a bar that serves up unusual concoctions. It also offers a place to relax or grab a quick bite during the day in a garden-like setting with stunning views of the ocean. The famed Spanish designer Patricia Urquiola helped create Eden's look.

Such multi-use venues are a big thing for Celebrity. On Celebrity's Solstice Class ships, you'll find 200-seat venues called Celebrity Central. The space can be configured for everything from late-night comedy shows and movie showings to cooking demonstrations and trivia contests. The venues are also used for lectures by guest speakers.

The Celebrity Central venues on Solstice Class ships are in "entertainment courts" that are also home to nightclubs called Quasar. The retro-chic hot spots draw a late-night crowd that comes to dance to tunes spun by resident DJs. On some nights, the venue morphs into a "silent disco" where passengers wear headphones to sway to piped-in music.

Celebrity ships are also known for their martini bars, each called — simply enough — the Martini Bar. Another standout feature of Celebrity ship interiors is a wine-focused venue called Cellar Masters that stocks more than 400 wines for tastings. A particularly cool feature of the Cellar Masters venues is that they have self-serve Enomatic wine dispensers. Just swipe your card and you can get a sampler of wine in varying sizes.

Every Celebrity ship also has a casino and spas are big on Celebrity ships. Very big.

The spas on Celebrity's new Edge Class vessels offer nearly two dozen treatment rooms, an extensive beauty salon and a thermal suite with heated stone beds, a Turkish-style steam bath, an infrared sauna and a meditation aromatherapy room.

The spas on the Edge Class ships are also known for some of the most wide-ranging treatments found on any cruise ship. Celebrity Edge was the first cruise vessel in the world to offer a collection of advanced treatment tables that included the MLX Quartz, the Spa Wave MLW Amphibia and the WellMassage4D (if you're a spa aficionado, you'll know what these are). The WellMassage4D, notably, allows for a "zero gravity" immersion massage.

In all, the Edge Class spas offer more than 120 different treatments, including acupuncture and salt stone therapy.

Deck-top attractions

The top decks of Celebrity ships are notable for what they don't have: There are no pedal-powered sky rides or ropes courses like you'll find on Carnival ships or the go-kart tracks that top some Norwegian vessels. There are no surfing simulators, sky diving simulators, rock climbing walls or zip lines of the sort found on Royal Caribbean vessels.

While Celebrity operates relatively big ships, it has eschewed the "amusement park arms race" that has been taking place between many of the lines operating big, resort-like ships.

Instead, Celebrity has gone for a much more serene feel with its top decks. For starters, they're covered with a lot of relaxing (and usually very stylish) pool and lounge zones. They also feature some of the most unusual relaxation zones you'll find anywhere at sea.

Each of the Solstice Class vessels, for instance, is home to what just may be the most innovative deck-top feature ever conceived: a half-acre "Lawn Club" area with real grass.

Marvels of cruise ship engineering, Lawn Clubs are maintained by full-time greenskeepers who oversee a complex filter and irrigation system to keep the grass looking shipshape. With Adirondack chairs, hammocks and lawn games such as bocce and croquet, these Lawn Club areas offer a quiet, park-like respite from the activity in other parts of the ships.

If you want, you can walk across the Lawn Clubs barefoot.

Among other unusual deck-top features, some of the Solstice Class ships also have a glass-making pavilion next to the Lawn Clubs that is home to glass-making classes.

Another innovative feature found atop Celebrity ships is the giant orange platforms the size of tennis courts that hang over the side of the three Edge Class vessels.

We should say that these platforms, called Magic Carpets, are at the top of the Edge Class ships "at times." That's because they're designed to move up and down the side of the ship to serve multiple functions ranging from a bar and 90-seat restaurant to a tender boat boarding area. Sometimes they're at the top deck of the vessels. Sometimes they're halfway down the side of the ship or near the waterline. You just never know where you'll find them.

The top decks of each of the Edge Class ships also have a plant-filled "playscape" called the Rooftop Garden with an outdoor eatery called the Rooftop Garden Grill. Inspired by childhood playgrounds, they're designed to "awaken the inner child in everyone," the line has said.

Children's programs

While it doesn't draw as many families with young children as Royal Caribbean or Carnival, Celebrity offers an extensive children's program on ships that gets high marks from parents.

Dubbed Camp at Sea, the program brings free, supervised activities daily for children ages 3-12 in dedicated spaces on board Celebrity vessels.

Celebrity splits children in the program into three age groups: Shipmates (ages 3-5 years), Cadets (ages 6-9 years) and Captains (ages 10-12 years). Each group has its own age-appropriate activities, ranging from art time and song singing for Shipmates to scavenger hunts and pizza making for Captains. The activities can vary from day today and cruise to cruise. Celebrity likes to say it has no set agenda for camp activities and changes things up regularly based on the interests of the particular kids in the program on each cruise.

Camp at Sea counselors welcome parents with toddlers to visit for playtime during special Toddler Time hours. However, parents of toddlers can't leave them at the program unattended. Toddler Time activities include playtime with toys and mingling with other children.

Celebrity ships also offer activities for teens (ages 13-17) at dedicated Teen Clubs. Teens can hang out at the clubs with other children their own age and also take part in organized teen sports competitions, silent disco parties, culinary classes and Xbox tournaments.

While the free programming for children ages 3-12 ends at 10 p.m., you can pay extra to leave your kids at shipboard Camp at Sea centers past 10 p.m. until 1 a.m. for a supervised "slumber party." This is essentially a group kid-sitting service. It currently costs $6 per hour per child.

What to know before you go

Required documents.

A passport is required for all international itineraries. If you're a U.S. citizen, you don't need a passport for many sailings out of U.S. ports (including sailings to Alaska, Bermuda, Canada, Hawaii and Mexico, and most sailings to the Caribbean). Instead, you can travel with an official copy of your birth certificate and a driver's license or other government-issued photo identification. A few other forms of identification, such as a passport card, also are acceptable.

Passports must be valid for at least six months. Note that it is important that the name on your reservation be exactly as it is stated on your passport or other official proof of nationality.

Gratuities for room stewards and restaurant servers are now included in the line's new Always Included fare structure, as are most gratuities for bar bills. A 20% gratuity will be added when a passenger orders a drink that's not included in the line's Always Included fare structure, as well as for minibar purchases, and spa and salon services.

Celebrity has been rolling out faster Wi-Fi systems with land-like speeds across its fleet in recent years, such that you now can stream video on most ships. The line's new Always Included fare structure has access to a basic internet plan called Surf for no extra charge. It will let you surf the web, send messages and use social media apps (but not stream video). A much faster option called Xcelerate that allows for video streaming and video chats is available for an extra charge. The current rate is $35 per day.

Carry-on drinks policy

Celebrity allows you to bring two bottles of wine per cabin onto ships at boarding at no charge (for consuming in your room; you'll be charged a $15 corkage fee if you want to bring it to an onboard restaurant or bar to drink).

Smoking policy

On all ships, smoking (including the use of electronic cigarettes) is only allowed in designated outdoor areas. It's forbidden in cabins and on cabin balconies. Passengers caught smoking in their cabins will be charged a $250 fine per occurrence.

Unlike some lines , Celebrity does not build self-service launderettes onto its ships. Vessels offer extra-charge laundry and dry cleaning services.

Electrical outlets

All vessels have standard North American-style, 110-volt outlets in rooms, as well as European-style, 220-volt outlets. A growing number of vessels also have USB ports in cabins.

The currency used on all Celebrity ships is U.S. dollars, no matter where they are in the world. All vessels operate on a "cashless system," with any onboard purchases you make posting automatically to your onboard account. You'll receive a SeaPass card that you can use to make charges.

Drinking age

You must be 21 to consume alcohol on Celebrity sailings from North American ports. The drinking age on sailings from South America, Europe, Asia, Australia and New Zealand is 18.

During the day, there is no specific dress code, and people dress casually. If it's a sea day in a warm-weather destination, and you're bound for the top deck, that means looking like you're going to the beach — T-shirts, shorts and bathing suits (with a cover-up to go inside) are just fine.

During the evenings, most nights are designated as "smart casual" nights, which means that — in restaurants and the theater, at least — a T-shirt and shorts won't do. But to Celebrity, smart casual doesn't mean anything fancier than pants or jeans with a short-sleeve sport shirt for men, and a skirt, pants or jeans with a casual top for women.

Two nights a week on seven-night sailings, Celebrity upgrades the dress code to "evening chic," which is a new take on the old cruise ship formal night that is a lot less formal. The line says women should feel comfortable wearing a cocktail dress, or a skirt, pants or designer jeans with an elegant top. For men, evening chic nights could mean pants or designer jeans with a dress shirt, button-down shirt or sweater. A sport coat or blazer is optional.

Celebrity Cruises' loyalty program

Celebrity has a point-based frequent cruiser program, the Captain's Club, that has six tiers, ranging from Preview (at 0 points) to Zenith (3,000 points or more).

The number of Captain's Club points you earn for cruises will vary depending on both the length of the sailings and the type of cabin you book.

When staying in the most basic cabins, such as windowless "inside" cabins, you'll earn 2 points for each day you sail. When staying in a top suite, you can earn as many as 18 to 24 points per day.

Staying in balcony cabins, which the line calls Veranda cabins, will get you 3 points a day.

There's also one more way to earn Captain's Club points. In 2020, Celebrity launched a new program called Power Up Points that let Captain's Club members get bonus points by filling out online surveys, participating on social media or booking specific promotions.

Taking part in such activities will get you Power Up Points, which then can be converted into Captain's Club points at a ratio of 10 to 1. That is, for every 10 Power Up Points you get, you'll get 1 additional Captain's Club point.

As is typical with cruise line loyalty programs, lower tiers don't bring all that much in terms of truly valuable benefits. You'll get things like access to a loyalty desk (at the Preview tier) or an invite to a private party (at the Classic tier). But higher levels of the program start to be enticing.

The third-to-highest tier, Elite, brings such perks as access to the Captain's Club Coffee Lounge, where you can enjoy a coffeehouse-style breakfast each morning, and a complimentary bag of laundry on every sailing.

Elite Plus kicks things up by offering additional discounts for onboard services (including a 15% discount on specialty dining cover charges); and free cappuccinos, lattes, espresso and tea throughout your sailing.

But the ultimate perk for Captain's Club members comes when you reach the top Zenith tier. You'll get a free seven-night Bermuda or Caribbean cruise in a balcony cabin. Yep, that's right: a free cruise.

Related: The ultimate guide to Celebrity's Captain's Club loyalty program

Note that, in contrast to airline frequent flyer programs, cruise line loyalty programs do not require you to requalify for status every year. So, yes, the perks with lower tiers aren't great. But it's not as difficult as it might at first seem to hit the more rewarding higher level tiers in just a few years if you're cruising a lot.

Indeed, a Celebrity passenger staying in suites on relatively long sailings could hit the Elite level in just a few cruises.

How much does a Celebrity cruise cost?

Celebrity ships are very reasonably priced. They're not the least expensive vessels out there, but they're not pricey by any means. It's possible to find a week-long Celebrity voyage to the Caribbean or even Europe starting under $1,000 per person, not including taxes and fees — at least in the offseason. For 2022, some week-long Alaska sailings were selling for under $500 per person.

As of the date of this story's posting, for instance, seven-night sailings from Fort Lauderdale to the Western Caribbean in August were starting at just $899 per person, not including taxes and fees of $192.78. That works out to just $156 per night, per person with taxes and fees for a package that includes your lodging, transportation and meals.

For such a rate, you'll get a windowless "inside" cabin on a ship. Cabins with ocean views on the same sailings start at $999 per person, and cabins with balconies on the same sailings will set you back at least $1,249 per person. But that's still not all that much for a cruise.

As you might expect, pricing for ships generally will be lower during offseason periods such as September, October, November (not including Thanksgiving week) and parts of December. You can end up paying considerably more for a cabin during peak summer months or over the winter holidays.

The timing of when you book also can matter. Cruises book up much further in advance than airplanes or hotels, and many cruisers will tell you that the best pricing for any given sailing often is available when cruises first go on sale (which can be a good two years before a departure). Booking far in advance also will give you the best chance of getting your preferred cabin type and location on a ship.

Once on board a Celebrity ship, you'll pay extra for some things — but not as many things as you might think. As part of Celebrity's new Always Included fare structure , you'll get unlimited drinks (cocktails, wines by the glass, beer and sodas), unlimited Wi-Fi and daily gratuities included as part of the base fare. You'll pay extra for some premium drinks, extra-charge restaurants, spa services, shore excursions and a few other things — unless you've bought a package for some of these items in advance. Most onboard activities such as theater shows are included in the fare.

How to book

If you're sure you know what sort of cabin you want, on which ship, on which itinerary — and about a dozen other things — you can head over to CelebrityCruises.com to make a booking directly.

That said, given the complexity of booking a cruise — there are a lot of decisions to make during the booking process, trust us — we recommend that you use a seasoned travel agent who specializes in cruises.

A good travel agent will quiz you about your particular interests, travel style and preferences, and steer you to the perfect cruise line, ship, itinerary and cabin for you. They also can help you if something goes wrong just before, during or after your voyage.

If you're sure that Celebrity is your line, look for a travel agent who specializes in trips with the brand. You want someone who knows all of the many cabin categories on its ships and, preferably, has done ship inspections to see them firsthand.

Whether you use a travel agent or not, make sure to maximize your credit card points when paying for the cruise by using a credit card that offers extra points for travel purchases . This could be the Chase Sapphire Reserve®, which offers 3 Ultimate Rewards points per dollar on travel and dining (excluding the annual $300 travel credit). There's also the Chase Sapphire Preferred® Card, which brings 2 Ultimate Rewards points per dollar on travel and 3 points per dollar on dining.

Bottom line

Operating relatively big but not giant vessels, Celebrity offers an elegant, stylish product at a not-too-crazy-high price. While it often markets itself as a "luxury" product, that's not really the case. It's a mass-market line with aspirations of being something more. However, it stands out among the mass-market lines for many of its upscale touches, from the many spacious suites on its ships and its impressive shipboard spas to its new, more all-inclusive fare structure.

If you're looking for a relatively big ship with lots of amenities that will offer a taste of the all-inclusive and upscale experience of a luxury line (without paying the sky-high fares of a luxury line), it's a fine choice. Just don't expect the sort of service levels that are found on true luxury lines such as Regent Seven Seas and Seabourn .

Planning a cruise? Start with these stories:

• The 5 most desirable cabin locations on any cruise ship
• The 8 worst cabin locations on any cruise ship
• A quick guide to the most popular cruise lines
• 21 tips and tricks that will make your cruise go smoothly
• 15 ways cruisers waste money
• 12 best cruises for people who never want to grow up
• What to pack for your first cruise

Watch CBS News

Celebrity Edge, Celebrity Cruises' brand-new, billion-dollar cruise ship

May 5, 2019 / 9:52 AM EDT / CBS News

Behold the Edge, Celebrity Cruises' brand-new, billion-dollar baby, Yes, that's what it costs to build a cruise ship these days, often even more.

Thirty million people are expected to go on cruises in 2019, up more than 12 million from a decade ago, according to the Cruise Lines International Association .

'We're still just scratching the surface," said Richard Fain, chairman and CEO of Royal Caribbean, Celebrity's parent company. He knows a growth industry when he sees one. "In the United States, for example, only about three percent of Americans take a cruise in a given year. And if you go to Europe, it's less than half that level. If you go to Asia, it's a fraction of even that level."

"We currently have 18 new ships on order," he said.

Royal Caribbean's Symphony of the Seas is the world's largest cruise ship at the moment. Capacity: more than 6,600 passengers, 2,200 crew. It's five times the size of the Titanic.

Together, the big three – Royal Caribbean, Carnival and Norwegian – carry nearly 80 percent of the world's cruise ship passengers.

The competition between them has been like an arms race, in which size matters.

"Back in the '70s, the concept was, 'Let's design a ship that's essentially like a yacht,'" Fain said. "By the 1980s, we were saying, 'Let's design something that's much more like a hotel and has nicer rooms, nicer places to go, more things to do.' And today we're talking about, 'This should be more like a city.'"

"So, bigger, bigger, bigger, bigger, why?" asked correspondent Martha Teichner.

"The larger ship also gives us an economy of scale," he replied. "We could just take it in profit, but then we weren't giving them anything new."

And new is the name of the game. So, Royal Caribbean says it sinks about half what it makes from those economies of scale into innovation.

In "The Cave," the designers of the Edge used videogame technology to try out their ideas virtually. "It's accurate to the point where one person noticed the olives in the martinis were too small!" laughed John-Paul Lamb, who is in charge of all hotel operations aboard the Edge.

But innovations, like the multi-colored chandeliers, are not just eye candy for the passengers. 

The bridge, the domain of Captain Dimitrios Kefetzis, is more space-age than swashbuckling. "This is state-of-the-art," he told Teichner. "It cannot be any better as we speak."

Unique in the cruise ship world: A super-sophisticated touchscreen.

And below the passenger decks is a "superhighway" that the crew refers to as "I-95." "It goes all the way from the aft of the ship, the very back of the ship, all the way to the tip," said Lamb.

It's over a thousand feet long, and behind each door, something amazing. How about a room filled with red wine? 

And chilling in a refrigerated room are pallets of aluminum water bottles. "When we launched Edge, we made a commitment that we would eliminate all single-use plastics on board," said Lamb.

In an industry not known for environmental responsibility, the Edge has its own recycling operation. There's a sewage treatment plant on board, too.

But what attracts passengers is that next big thing. Aboard the Edge is a Magic Carpet, a 90-ton platform that levitates up and down the side of the ship. 

You're on the very edge of the Edge.

Lamb said, "We can take it all the way up to Deck 16, we can bring it down here to Deck 5, or we can take it right down to Deck 1.  You're always looking at the ocean. That's what makes this ship special.

Not a bad place to watch the sun set.

       For more info:   

• Celebrity Edge  (Celebrity Cruises)

       Story produced by Sari Aviv.

More from CBS News

Memorial Day weekend 2024 could be busiest for travel in nearly 20 years

Book excerpt: "What This Comedian Said Will Shock You" by Bill Maher

Bill Maher on not pulling punches

EGOT Winner Jennifer Hudson talks new season of talk show

• Port Overview
• Transportation to the Port
• Uber & Lyft to the Port
• Dropping Off at the Port
• Cruise Parking
• Cruise Hotels
• Hotels with Parking Deals
• Uber & Lyft to the Ports
• Things to Do
• Cozumel Taxi Rates
• Free Things to Do
• Restaurants Near the Cruise Port
• Hotels & Resorts With Day Passes
• Closest Beaches to the Cruise Port
• Tips For Visiting
• Shore Excursions
• Cruise Parking Discounts
• Hotels with Shuttles
• Which Airport Should I Use?
• Transportation to the Ports
• Dropping Off at the Ports
• Fort Lauderdale Airport to Miami
• Inexpensive Hotels
• Hotels near the Port
• Hotels With Shuttles
• Budget Hotels
• Carnival Tips
• Drink Packages
• Specialty Restaurants
• Faster to the Fun
• More Articles
• CocoCay Tips
• Norwegian Tips
• Great Stirrup Cay
• Harvest Caye
• How to Get the Best Cruise Deal
• Best Time to Book a Cruise
• Best Websites to Book a Cruise
• Cruises Under $300
• Cruises Under $500
• Spring Break Cruise Deals
• Summer Cruise Deals
• Alaskan Cruise Deals
• 107 Cruise Secrets & Tips
• Tips for First-Time Cruisers
• What to Pack for a Cruise
• What to Pack (Alaska)
• Packing Checklist
• Cruising with Kids
• Passports & Birth Certificates
• Bringing Alcohol
• Cruising with a Disability
• Duty-Free Shopping
• Cruise Travel Insurance
• Things to Do on a Cruise Ship
• What Not to Do on a Ship
• News & Articles

Celebrity Cruise Gratuities (Tips): Full Guide to Cost & How They Work

When it comes to cruising Celebrity, just like with other lines, gratuity charges are a part of life. If you’ve cruised before, then you’re familiar with these charges, which can add up to hundreds of dollars on your cruise.

If you haven’t cruised — or you haven’t sailed on Celebrity — then there are a number of things you should know about the daily gratuity charges as they add up to a significant expense on your trip.

In This Article...

What are gratuities on a cruise anyway?

First and foremost, before we get to the details of the gratuity charges on Celebrity, it’s helpful to understand just what gratuities are. If you haven’t sailed before, they can be a surprise.

These charges are a pre-set amount that acts as a tip that’s paid by each passenger and then distributed to the crew. In the old days of cruising, these tips were done via cash put in envelopes and handed to the crew by passengers at the end of the trip.

Today, it’s all done automatically through your onboard account. So instead of making sure you’ve tipped everyone who has offered service during this cruise, it’s all wrapped up into one payment.

How much are gratuities on a Celebrity cruise?

As a higher-end cruise line, Celebrity charges slightly more than what’s seen by larger “mass market” lines. Still, the rate is comparable.

As of now, Celebrity charges between $17.50 to $21.00 per person, per day, depending on the room that you book:

• $17.50 USD per person, per day for Inside, Ocean View, and Veranda cabins
• $18.00 USD per person, per day for Concierge Class and AquaClass cabins
• $21.00 USD per person, per day for those staying in The Retreat.

Note that as of July 2022 those staying in Retreat or AquaClass rooms have the gratuity amount included with the cruise fare.

These rates can add up. Consider a couple traveling in a balcony (Veranda) cabin. In this case, they would each pay $17.50 per day. That comes out to the following based on the length of the cruise:

• 3 Days: $105.00
• 4 Days: $140.00
• 5 Days: $175.00
• 6 Days: $210.00
• 7 Days: $245.00

( You can use our gratuity calculator here to see how much tips will be on your cruise .)

As you can see, the amount paid can be a significant added expense to your cruise.

Who has to pay gratuities on the cruise?

Some (not all) cruise lines offer a break on gratuities for young children. Celebrity does not. All passengers on the cruise — regardless of age — are charged the daily amount. So a family of four taking a cruise will see a charge for each individual, not just the adults.

How do I pay the gratuities?

When it comes to payment, you have several options.

First, you can prepay the gratuity charge when you book your cruise. It’s as simple as checking a box and having the price added on to your cruise fare. Some people prefer this way as it gets the charge out of the way. Others prefer to delay paying the gratuity charges until they are on the ship.

Second, as mentioned you can wait until you are on the ship to pay the gratuity. In that case, they will be charged to your onboard account, and paid with the payment method on file at the end of the cruise.

The third way to pay is with Celebrity’s All Included offer . With this deal, when you book your cruise you have the ability to just buy the base fare or the All Included fare, which is more expensive. But this offer includes a drink package, wi-fi, and gratuities with the price of the cruise, meaning they are taken care of instead of being an additional, separate charge.

Can I change the amount owed? What if I receive bad service?

For some people, the idea of having to pay a gratuity charge before you’ve even stepped on the ship is strange. Others worry about having to pay a charge if they actually receive poor service while on the ship (frankly, this is unlikely to happen). No matter, some people want to know if you can adjust the gratuity amount owed.

According to Celebrity’s website, “automatic daily gratuities may be adjusted at the guest’s discretion onboard at Guest Relations.”

That said, unless there is something genuinely wrong with the service on the ship, it’s generally considered poor taste to lower the gratuity amount. While some may not agree with the charge, it still goes to help compensate the crew.

What staff/crew is covered by the gratuities?

While a detailed breakdown of how the money paid is divided among crew isn’t available, Celebrity says the following regarding the charge:

“Gratuities for stateroom and restaurant services are shared by dining, bar and culinary services staff, stateroom attendants, and other hotel services teams.”

So it will cover most spots around the ship, but not all.

Does Celebrity’s gratuity charge cover everyone on the ship? Are there other places to pay a tip?

In general, the gratuity charge covers most places on the ship such as in the dining rooms and your cabin steward. However, there are some places on the ship where you will see an additional tip charge. This is usually anywhere you pay extra for a service like a bar or the spa.

Celebrity charges and 18% additional gratuity on spa and salon purchases. As well, specialty dining sees an 18% rate as well.

Bar services — like the beverage package — see a 20% gratuity rate on purchases.

Is there anything else to know about Celebrity’s gratuities?

Earlier, the All Included rate was mentioned for trips aboard Celebrity. With this rate, you pay a higher cruise fare, but a drink package, wi-fi, and the gratuity is included in the fare.

For some passengers, this rate will make a lot of sense but you’ll want to do the math. You’ll want to compare the extra amount you’ll pay for the All Included fare, but then back out the cost of the items included, such as the gratuities.

For example, if the base rate for a 7-day cruise is $1,000 per person, and the All Included rate is $1,300, then you can back out $122.50 for gratuities from the $300 difference, meaning you’re paying $177.50 for a drink package and wi-fi.

More on Sailing Celebrity:

• Worth It? Celebrity Cruises Drink Packages Explained (Prices, What Is Included, and More)
• Celebrity’s Always Included Offer: How It Works & What to Know

Popular: 39 Useful Things to Pack (17 You Wouldn't Think Of)

Read next: park & cruise hotels for every port in america, popular: 107 best cruise tips, secrets, tricks, and freebies, related articles more from author, celebrity ascent first look: review, tour, & should you sail, celebrity officially welcomes its newest ship — celebrity ascent — to the fleet, celebrity’s all included offer: how it works & what to know, celebrity set to make calls on royal caribbean’s cococay for first time, worth it celebrity cruises drink packages explained (prices, what’s included, and more), carnival, celebrity, and norwegian raise certain shipboard prices for 2020.

This ‘tipping culture’ is funny. If you earn so little that you ‘live’ from tips then reconsider taking jobs in such a poor cruise lines that pay you nothing. I always cancel my auto tipping while on board because it is not a part of European culture to tip everyone for nothing. If I see that for example my cabin crew is so good that I’m happy then I tip them by cash. Don’t go with those auto tipping, you just encourage companies that earn lots of money from cheap labour.

LEAVE A REPLY Cancel reply

Save my name, email, and website in this browser for the next time I comment.

Complete Guide to Cruising from the Ports of Los Angeles and Long Beach

Catalina on a cruise: what to know, do, and see during your visit, reviewed: carnival cruise wi-fi service (speed, reliability, cost, and more), hotels with cruise shuttles for every major port in america, 107 best cruise tips, tricks, secrets, and freebies, 39 useful things to pack for your cruise (including 17 you’d never think of).

• Privacy Policy
• Terms & Conditions

• Election 2024
• Entertainment
• Newsletters
• Photography
• Personal Finance
• AP Investigations
• AP Buyline Personal Finance
• AP Buyline Shopping
• Press Releases
• Israel-Hamas War
• Russia-Ukraine War
• Global elections
• Asia Pacific
• Latin America
• Middle East
• Election Results
• Delegate Tracker
• AP & Elections
• Auto Racing
• 2024 Paris Olympic Games
• Movie reviews
• Book reviews
• Personal finance
• Financial Markets
• Business Highlights
• Financial wellness
• Artificial Intelligence
• Social Media

Stock market today: Wall Street coasts to the finish line of another winning week

FILE - American flags hang from the front the New York Stock Exchange, right, on April 11, 2024 in New York. Global shares are trading higher on Friday, May 10, 2024, after a rally on Wall Street that pulled the S&P 500 back within 1% of its record. (AP Photo/Peter Morgan, File)

• Copy Link copied

NEW YORK (AP) — U.S. stocks coasted to the close of another winning week on Friday.

The S&P 500 rose 8.60 points, or 0.2%, to 5,222.68 to finish a third straight winning week following its mostly miserable April. It had been on pace for a bigger gain in the morning, but that mostly disappeared following a discouraging report on U.S. consumer sentiment .

The Dow Jones Industrial Average gained 125.08 points, or 0.3%, to 39,512.84, and the Nasdaq composite edged down by 5.40, or less than 0.1%, to 16,340.87.

The S&P 500 has climbed back within 0.6% of its record on revived hopes that the Federal Reserve may deliver cuts to interest rates this year. A flood of stronger-than-expected reports on profits from big U.S. companies has also helped support the market.

AP AUDIO: Stock market today: Wall Street coasts toward the close of another winning week

AP business correspondent Seth Sutel reports.

Gen Digital jumped 15.3% after reporting better profit for the first three months of 2024 than analysts expected. The cyber safety company, whose brands include Norton and LifeLock, also authorized a program to buy back up to $3 billion of its stock. It joined a lengthening list of companies announcing big such programs, which helps goose per-share earnings for investors.

Novavax nearly doubled and shot 98.7% higher after announcing a deal with Sanofi that could be worth more than $1.2 billion. The agreement includes a license to co-commercialize Novavax’s COVID-19 vaccine worldwide, with some exceptions. Novavax also reported a slightly smaller loss for the latest quarter than analysts expected.

They helped offset a drop of 11% for Akamai Technologies, which topped expectations for profit but fell short for revenue. The cloud-computing, security and content delivery company also gave some financial forecasts for the upcoming year that fell short of analysts’ expectations.

It said the strengthening of the U.S. dollar’s value against other currencies is slicing into its business, along with slowing traffic growth across the industry. That helped overshadow its own announcement of a program to buy back up to $2 billion of its stock.

In the bond market, Treasury yields rose following the discouraging preliminary report from the University of Michigan.

It suggested sentiment among U.S. consumers is weakening by much more than economists expected, and the drop was large enough to be “statistically significant and brings sentiment to its lowest reading in about six months,” according to Joanne Hsu, director of the survey of consumers.

Potentially even more discouraging is that U.S. consumers were forecasting inflation of 3.5% in the upcoming year, up from their forecast of 3.2% a month earlier. If such expectations spiral higher, the fear is that it could lead to a vicious cycle that worsens inflation.

It highlights how some companies have recently been describing increasing struggles among their customers, particularly their lower-income ones .

The yield on the 10-year Treasury rose to 4.50% from 4.46% late Thursday. But the movement was still relatively modest compared with its drop from 4.70% late last month.

Markets may remain on hold until Wednesday’s highly anticipated update on U.S. inflation at the consumer level, according to rates strategists at Bank of America. Traders are still largely penciling in one or two cuts to interest rates by the Federal Reserve this year, according to data from CME Group.

“Right now, the market is in a good mood thanks to a decent earnings season and a Fed that has a high bar to hiking,” according to Brian Jacobsen, chief economist at Annex Wealth Management. “That mood can change quickly.”

Last week, Federal Reserve Chair Jerome Powell helped pull yields lower after saying the central bank remains closer to cutting its main interest rate than hiking it, despite a string of stubbornly high readings on inflation this year. The Fed has been keeping its main interest rate at the highest level in more than two decades in hopes of getting high inflation fully under control.

A cooler-than-expected jobs report at the end of last week, meanwhile, suggested the U.S. economy could pull off the tricky balancing act of staying solid enough to avoid a bad recession but not so strong that it worsens inflation.

In stock markets abroad, London’s FTSE 100 rose 0.6% after the government reported the U.K. economy bounced back to growth at the start of the year. The performance was better than expected, and it snapped two straight quarters where the economy shrank.

In Japan, Tokyo’s Nikkei 225 rose 0.4% after a report showed strong auto exports whittled down the nation’s trade deficit and it racked up solid returns on overseas investments.

AP Business Writers Yuri Kageyama and Matt Ott contributed.

• Need help? 1-888-751-7804 1-888-751-7804
• Let Us Call You CALL ME
• Drink Packages
• Flights by Celebrity℠
• Hotels by Celebrity
• Manage Reservation

Shore Excursions

• Upgrade with MoveUp

• My Tier and Points
• Join Captain's Club

Already booked? Sign in or create an account

• South Korea
• New Zealand
• Grand Cayman
• St. Maarten
• U.S Virgin Islands
• New England & Canada
• Pacific Coast
• Antarctic Ocean
• Panama Canal
• Transatlantic
• Transpacific
• Cruise Ports (+300)

Mediterranean

• Perfect Day at CocoCay
• All Inclusive

Bucket List Cruises

• Cruise & Land Package
• Groups & Events
• New Cruises
• Popular Cruises
• Specialty Cruises
• Destination Highlights
• Group Excursions
• Private Journeys
• Shore Excursions Overview
• Small Group Discoveries

• 360° Virtual Tours
• Celebrity Apex®
• Celebrity Ascent℠ NEW
• Celebrity Beyond℠
• Celebrity Constellation®
• Celebrity Edge®
• Celebrity Eclipse®
• Celebrity Equinox®
• Celebrity Infinity®
• Celebrity Millennium®
• Celebrity Reflection®
• Celebrity Silhouette®
• Celebrity Solstice®
• Celebrity Summit®
• Celebrity Xcel℠ COMING SOON
• Explore Edge Series

Galapagos Expedition Series

• Celebrity Flora®
• Celebrity Xpedition®
• Celebrity Xploration®
• The Retreat
• All Suites. All Included
• Iconic Suite
• Penthouse Suite
• Reflection Suite
• Royal Suite
• Signature Suite
• Celebrity Suite
• Aqua Sky Suite
• Horizon Suite
• Sunset Suite
• Concierge Class
• Galapagos Accommodations
• Eat & Drink
• Entertainment
• Spa & Wellness

Cruising 101

• Cruise Fare Options
• Cruise Tips
• First Time on a Cruise
• What is Included on a Cruise
• Future Cruise Vacations
• Accessible Cruising
• Captain's Club Rewards
• Cruise Insurance
• Flights by Celebrity
• Healthy at Sea
• Manage Cruise
• The Celebrity Store
• Travel Documents
• Royal Caribbean International
• Celebrity Cruises

• 75% Off 2nd Guest + Bonus Savings
• Galapagos 20% Savings + Free Flights
• Resident Rates
• Exciting Deals
• View All Offers
• All Included
• Cruise & Land Packages
• Dining Packages
• Photo Packages
• Wi-Fi Packages
• View All Packages
• Captain's Club Overview
• Join the Club
• Loyalty Exclusive Offers
• Tiers & Benefits
• Celebrity Cruises Visa Signature® Card

Enjoy 75% off your second guest’s cruise fare and get bonus savings of up to $200.

Your Courtesy Hold

{courtesy-nights} Night {courtesy-name}

Departing {courtesy-departure-date} | Onboard {courtesy-ship}

Featured Cruises

Perfect day at cococay cruises, starting from  $204, caribbean cruises, starting from  $185, europe cruises, starting from $659.

Cruises from Florida

Mediterranean cruises, alaska cruises, starting from $249, the world has never looked better.

Northern Europe

Australia & South Pacific

View All Destinations

It's how you get there that counts.

QUICK CARIBBEAN ESCAPES

Enjoy the best the islands have to offer in a weekend-sized vacation.

PERFECT DAY AT COCOCAY

Now sailing to the Caribbean's award-winning private island.

Explore More

What's Included

EAT & DRINK

THE RETREAT

Why Celebrity

Cruise Deals

You’ll never want to vacation any other way.

Celebrity Cruises delivers an elevated premium vacation experience across our fleet of ships traveling to nearly 300 destinations across more than 70 countries spanning all seven continents. Uniquely offering the intimate feel and thoughtful service of small ships, with the variety and excitement of bigger ones—you can explore the world or get away from it for a little while. With every detail elevated beyond expectations, you will never want to vacation any other way. An industry pioneer for 35 years, each Celebrity vacation offers experiences you won’t find anywhere else aboard ships which continue to shatter industry expectations with the highly anticipated Celebrity Xcel arriving Fall 2025.

Previewing: Promo Dashboard Campaigns