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Fair Value Measurements and Derivative Instruments - Interest Rate Risk (Details) - Interest rate swaps - Cash flow hedge
$ in Thousands
6 Months Ended
Jun. 30, 2023
USD ($)
Interest Rate Cash Flow Hedges [Abstract]  
Swap notional amount $ 1,745,189
Celebrity Reflection term loan  
Interest Rate Cash Flow Hedges [Abstract]  
Swap notional amount $ 81,813
All-in Swap Fixed Rate as of June 30, 2023 2.85%
Quantum of the Seas term loan  
Interest Rate Cash Flow Hedges [Abstract]  
Swap notional amount $ 214,375
All-in Swap Fixed Rate as of June 30, 2023 3.74%
Anthem of the Seas term loan  
Interest Rate Cash Flow Hedges [Abstract]  
Swap notional amount $ 241,667
All-in Swap Fixed Rate as of June 30, 2023 3.86%
Ovation of the Seas term loan  
Interest Rate Cash Flow Hedges [Abstract]  
Swap notional amount $ 345,833
All-in Swap Fixed Rate as of June 30, 2023 3.16%
Harmony of the Seas term loan  
Interest Rate Cash Flow Hedges [Abstract]  
Swap notional amount $ 315,251 [1]
All-in Swap Fixed Rate as of June 30, 2023 2.26% [1],[2]
Odyssey of the Seas term loan  
Interest Rate Cash Flow Hedges [Abstract]  
Swap notional amount $ 364,167 [3]
All-in Swap Fixed Rate as of June 30, 2023 3.21% [3]
Odyssey of the Seas term loan  
Interest Rate Cash Flow Hedges [Abstract]  
Swap notional amount $ 182,083 [3]
All-in Swap Fixed Rate as of June 30, 2023 2.84% [3]
LIBOR plus | Celebrity Reflection term loan  
Interest Rate Cash Flow Hedges [Abstract]  
Debt Floating Rate 0.40%
LIBOR plus | Quantum of the Seas term loan  
Interest Rate Cash Flow Hedges [Abstract]  
Debt Floating Rate 1.30%
LIBOR plus | Anthem of the Seas term loan  
Interest Rate Cash Flow Hedges [Abstract]  
Debt Floating Rate 1.30%
LIBOR plus | Ovation of the Seas term loan  
Interest Rate Cash Flow Hedges [Abstract]  
Debt Floating Rate 1.00%
LIBOR plus | Odyssey of the Seas term loan  
Interest Rate Cash Flow Hedges [Abstract]  
Debt Floating Rate 0.96% [3]
LIBOR plus | Odyssey of the Seas term loan  
Interest Rate Cash Flow Hedges [Abstract]  
Debt Floating Rate 0.96% [3]
EURIBOR plus | Harmony of the Seas term loan  
Interest Rate Cash Flow Hedges [Abstract]  
Debt Floating Rate 1.15% [1]
[1] Interest rate swap agreements hedging the Euro-denominated term loan for Harmony of the Seas include EURIBOR zero-floors matching the hedged debt EURIBOR zero-floor. Amount presented is based on the exchange rate as of June 30, 2023.
[2] Inputs other than quoted prices included within Level 1 that are observable for the liability, either directly or indirectly. For unsecured revolving credit facilities and unsecured term loans, fair value is determined utilizing the income valuation approach. This valuation model takes into account the contract terms of our debt such as the debt maturity and the interest rate on the debt. The valuation model also takes into account the creditworthiness of the Company. We valued our senior notes and convertible notes using a quoted market price, which is considered a Level 2 input as it is observable in the market; however, these instruments have a limited trading volume and as such this fair value estimate is not necessarily indicative of the value at which the instruments could be retired or transferred.
[3] Interest rate swap agreements hedging the term loan of Odyssey of the Seas include LIBOR zero-floors matching the debt LIBOR zero-floor. (3)During the quarter ended June 30, 2023, we completed our transition from LIBOR to Term SOFR rates for substantially all of our Interest rate swap agreements, with such transition to take effect at the next respective interest reset date for each such agreement.