Key Takeaways Carnival's Paradise Collection and fleet upgrades drive pricing power and long-term brand positioningRoyal Caribbean expands with Star of the Seas, Celebrity Xcel, and exclusive destination projects.CCL stock has surged 40.7% in three months, trading at a lower forward P/E than RCL's 19.87X multiple.Carnival Corporation & plc (CCL) and Royal Caribbean Cruises Ltd. (RCL) represent two of the largest players in the global cruise industry, yet they are pursuing distinctly different strategies to ...