Lizzie Dove

Can you maybe talk more about what you think is driving that same-ship yield growth from here?

Anything you can share it just participation rate, spend rate, what you are seeing on uplift

Do you evaluate when you're thinking about building new ships versus, you know, maybe expanding that type of retrofitting type program to the other brands?

you do have one of your peers mainly, I suppose, like trying to get more active in that space over the next few years. How does that impact or does it impact how you think of your go-to-market there?

Obviously, the last few weeks, we've had mixed commentary from other know, cruise companies about luxury. Curious just to zoom in on that.

Curious just what you've been seeing there, how much the kind of consumer reception has been to the marketing you put around that

how do you think about what the kind of real opportunity set here is, long term, both obviously on the OpEx side

Anything you'd share on how this evolves and the outlook for that over time, I guess, on the credit card side of things

it'd helpful just to get like a pulse check on the key money side of things, like what you're seeing in terms of key money per room, the competitive environment

I'm curious what your appetite is today and on the go forward into doing more of these and whether that kind of 6% to 7% unit growth that you're kind of talking about, if that's organic

how do you think about your ability to kind of keep improving on that, especially as the comps get a little tougher

Is this an appropriate kind of quarterly run rate? Or how do you think about capital returns more broadly longer term

how far you are in terms of rolling that out in Macao, anything that's kind of different structurally

How do you think about the pacing to get back there and kind of time line and what needs to happen

how should we think about the long term? Like is this sustainable? Can it, on a holder, just a basis grow next year

whether you are versus Macao seeing that kind of high-end -- higher-end Chinese customer visiting Singapore at the expense of Macao and what do you think that might continue

what you've seen from other players and how the competitive environment has evolved? Whether they've responded with same level of promotionality

Curious, timing of that, how much more reinvestment kind of promotions are needed to get there and more so just the cadence to get there

your latest thinking in terms of percent of that, that might come from conversions and new builds

any more details you can share and just what you're seeing, whether in booking windows, leisure, business transient groups

if you have any kind of appetite for whether it's kind of small tuck-in M&A or partnerships similar to kind of citizenM

I'm curious specifically just around China and what you're seeing there. It feels like so far, the development trends have kind of defied the mixed RevPAR outlook

Maybe too early to ask, but are you expecting that to rebound in 2026 to some degree?

Curious if we could just get like a status update there? Where you're at with the rollout? When that might start to kind of hit?

if you can just expand on your comments around international RevPAR being higher than the U.S. You mentioned China would be flat

if we could just touch on what's going on in the Caribbean right now and what you're seeing there.

how are you defining what is strategically core versus maybe non-core within the brand portfolio

what is the kind of strategy to kind of absorb that capacity in Caribbean

there has been a lot of focus on the Caribbean and whether there is kind of more of a promotional environment

As you think about looking to the extra $100 million that you're targeting next year

how are you thinking about then as you get into 2026, the setup, especially potential ROI yield benefit from Great Stirrup Cay

how much of that is a pull forward versus just actual kind of overachievement of those cost savings

wondering if you could go a bit deeper and just talk about the different brands

Could you maybe share some more details on the cadence of that ramp

Could you maybe share a little more in terms of how you're thinking about that net yield cadence for the year

has there been any difference in terms of like the type of bookings, whether that's like Europe versus U.S. itineraries or different brands

any color you can share of like the contribution of new ship premiums versus like-for-like pricing

how this kind of influences the ramp profile or if anything has changed in terms of some of the targets or the moving pieces around the targets that you put out in December?

could you put a finer point on that, what you're seeing on that luxury consumer, and how you're outperforming in Vegas?

Anything that you could share there on just how you're thinking about it, particularly in the second half once you kind of fully start the renovations

how you think about just margin expansion, whether that's possible at some point in Vegas or if there's still a bit of a kind of normalization to go there?

once people are in the hotels, are they spending in the same way? What are you seeing on the food and beverage

how do you think about ways that you can set yourselves up for that early 2027 launch for success?