There's another reason to be bullish on Royal Caribbean , according to several Wall Street analysts.
Morgan Stanley analyst Jamie Rollo called Icon of the Seas a "record-busting spectacle of superlatives," and believes it will be a big driver of profits.
That implies a 50% yield premium to the broader Royal Caribbean fleet, Rollo wrote in a note Monday.
Morgan Stanley has an equal weight rating on Royal Caribbean.
RCL 1Y mountain Royal Caribbean's one-year performance It is also another step by Royal Caribbean to tap into the ongoing trend of multigenerational travel.
Persons:
Morgan Stanley, Jamie Rollo, Rollo, James Hardiman, it's, Matthew Boss, Robin Farley, Farley, — CNBC's Michael Bloom
Organizations:
Royal, cabanas, Royal Caribbean, Citi, JPMorgan, UBS, Royal Beach Club
Locations:
Hideaway, Royal Caribbean, Bahamas