"China's cruise market is 20 years behind the U.S., but the demand is clearly there, " said Mr. Fain, adding that Royal Caribbean is bullish about the Chinese market and expanding more rapidly than it has in nearly any other market.

WSJ: Royal Caribbean Plans New China Launch

China, where the government has been building up port infrastructure to pave the way for the industry's rise, will be a key growth market for Royal Caribbean in the year to come, said Mr. Fain.

WSJ: Royal Caribbean Plans New China Launch