"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.
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.