Royal Caribbean would have not hit the brakes on expansion during the Great Recession, knowing what it knows now, a company executive says.
Like most businesses, the New York-listed cruise major pulled back on future growth plans during a frightening economic downturn that saw its stock fall 86% to $6 by February 2009.
"There's definitely regret that we have in terms of our pullback on our growth," chief financial officer Jason Liberty said during today's second-quarter earnings call.
