-Currently 12 private destinations in the Caribbean, more on way -Royal Caribbean's CocoCay helps lift ticket revs 48% since 2019 -Carnival plans $600 million investment in Celebration Key -Direct bookings rise, reducing reliance on travel agents -Public Caribbean destinations see decline in cruise visits Major cruise operators are steering their ships - and millions of dollars in investments - into their own private destinations packed with excursions, beaches, bars and restaurants. The phenomenon appears to have started with Royal Caribbean Group, which in 2019 opened "Perfect Day at CocoCay," an amusement park-like private destination in The Bahamas that has caught the eye of Wall Street. By operating their own private destinations on small Caribbean islands, Roy...
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