Cast: Robin Weigert, Maggie Siff, Johnathan Tchaikovsky, Julie Fain Lawrence, Emily Kinney, Laila Robins.

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Royal Caribbean's Voyager of the Seas ship, set to sail in June from China, sold out quicker than expected, Mr. Fain said.

WSJ: Royal Caribbean Plans New China Launch

Richard Fain, chairman and CEO of Royal Caribbean Cruises Ltd.

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China, where the government has been building up port infrastructure to pave the way for the industry's rise, will be a key growth market for Royal Caribbean in the year to come, said Mr. Fain.

WSJ: Royal Caribbean Plans New China Launch

"China's cruise market is 20 years behind the U.S., but the demand is clearly there, " said Mr. Fain, adding that Royal Caribbean is bullish about the Chinese market and expanding more rapidly than it has in nearly any other market.

WSJ: Royal Caribbean Plans New China Launch

The decline has since slowed, Mr. Fain said, but the industry has also been affected by slumping economies in mainstay markets Europe and the U.S. "Given that we've had to face two such great shocks, we're lucky it isn't worse, " Mr. Fain said.

WSJ: Royal Caribbean Plans New China Launch