OneSpaWorld (OSW) Q1 2026 Earnings Transcript
OneSpaWorld reported Q1 2026 revenue of $247.6 million, a 13% increase driven by fleet expansion and higher guest spend. The company also saw a 21% rise in adjusted EBITDA to $32.2 million and introduced AI initiatives across its fleet.
OneSpaWorld reported its Q1 2026 earnings, with total revenue reaching $247.6 million, a 13% increase from the previous year. The growth was driven by a 4% rise in revenue days, a 2% increase in average guest spend, and $23.1 million from fleet expansion. Operating income rose 36% to $22.9 million, and net income increased 40% to $21.3 million. The company operated health and wellness centers on 208 ships at quarter end, up from 199 in Q1 2025. OneSpaWorld also deployed a machine learning revenue optimization engine on 190 vessels and introduced AI-driven initiatives, including a customer-facing chatbot and AI assistant. The company expects full-year 2026 total revenue of $1.014 billion to $1.034 billion and adjusted EBITDA of $129 million to $139 million. OneSpaWorld noted potential risks due to geopolitical tensions and demand softness in Europe for the second half of the year.
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