Royal Caribbean Cruises Ltd (RCL) said Tuesday it has agreed to sell its cruise ship Celebrity Century to Exquisite Marine Ltd, a holding company led by Ctrip.com International Ltd (CTRP).
Royal Caribbean said the sale will result in a non-cash loss of about $20 million dollars, which would be be excluded from its adjusted earnings for the third quarter.
For comments and feedback contact: editorial@rttnews.com
Business News