Royal Caribbean and TUI Finalize JV.

Travel & Leisure Close-Up, April, 2008

TRAVEL AND LEISURE CLOSE-UP-24 April 2008-Royal Caribbean and TUI Finalize JV(C)2008 - CloseUpMedia - newsdesk@closeupmedia.com

Royal Caribbean Cruise and TUI announced that they have successfully closed on their joint venture to form TUI Cruises, a cruise line specifically designed to serve the German cruise market.

"We look forward to working with our colleagues at TUI AG to build a world class cruise line for Germany," said Richard D. Fain, chairman and chief executive officer of Royal Caribbean Cruises Ltd. "TUI Cruises is another strategic step in our efforts to meet the growing global demand for cruising."

"Our partnership with Royal Caribbean will help us bring the very best cruises to our fellow countrymen," said Dr. Michael...

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