#Announcements

Ritz-Carlton Yacht CEO: 'We Are Growing and Executing as Planned'

The Ritz-Carlton Yacht Collection completed a $300 million capital transaction with President and CEO Ernesto Fara confirming the company is growing and executing as planned. Q1 2026 results show total revenues of $97 million (up 106% year-over-year), record quarterly bookings of $134 million (up 56%), and average daily rate per passenger up 27% to $1,696. The transaction includes $167 million in equity injection and approximately $171 million in deferred amortization.