Carnival Corp Stock Price, News & Analysis

Princess Cruises has announced the debut of The Catch by Rudi, a new specialty seafood restaurant, on the Enchanted Princess starting April 15, 2023. Created in partnership with award-winning Chef Rudi Sodamin, this restaurant will focus on unique seafood dishes and is set to expand to other ships like Majestic Princess, Sky Princess, and Discovery Princess soon. The menu, priced at $39 per person, features sustainably sourced seafood and inventive dishes including Asian-fried calamari and Whole Dover Sole. Additionally, O'Malley's Irish Pub will launch on the same day, offering traditional Irish food and drinks. The overall enhancements aim to enrich the dining experience onboard, reflecting Italian heritage with new culinary options.

Princess Cruises is enhancing the itinerary of the Emerald Princess for a unique sailing event on April 8, 2024. Guests will have the exclusive opportunity to experience a total solar eclipse while cruising the Mexican Riviera. This eclipse, lasting up to 4 minutes and 28 seconds, is one of the last visible from North America until 2044.

The modified 15-day cruise departs Los Angeles on April 5, starting at $1,699 per person. Guests will receive special glasses to safely view the eclipse, accompanied by themed drinks and expert guidance.

Princess Cruises has teamed up with Caymus Vineyards to introduce an exclusive Caymus Vineyards Winemaker Dinner, available fleetwide by late May 2023. This culinary event will feature a five-course menu expertly paired with renowned wines, including Caymus Napa Valley Cabernet Sauvignon, for $140 per person. Offered in the Crown Grill restaurant, the dinner accommodates 12 guests per seating, and can be reserved onboard. The collaboration highlights Princess Cruises’ commitment to enhancing the dining experience, with further plans for a refreshed wine menu and exclusive shore excursions to Caymus Vineyards in Napa Valley later this year.

Holland America Line announces its 2024-2025 cruise season, featuring itineraries from November 2024 to March 2025. The Oosterdam will offer cruises of 14 to 22 days, visiting destinations like Macchu Pichu and Antarctica. In February 2025, the Zaandam will embark on a 27-day Amazon River adventure from Fort Lauderdale, enhancing the lineup with unique cultural experiences. Early booking promotions include premium packages and onboard credits for loyalty members, available until June 5, 2023. The cruises emphasize immersive experiences, showcasing diverse South American landscapes and rich cultural heritages.

Holland America Line has announced its 2024-2025 Caribbean cruise season, introducing longer itineraries and new departure options from Boston and Fort Lauderdale. The season begins with three new voyages, including a unique 21-day roundtrip cruise from Boston on October 19, 2024, featuring a partial Panama Canal transit and stops at Bermuda and Half Moon Cay. Overall, the program includes five- to 21-day cruises with itineraries to less-visited islands and significant destinations. Early booking offers are available until June 27, 2023, with benefits such as onboard credits and premium packages.

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) reported a first quarter 2023 net loss of $693 million, or $(0.55) diluted EPS, an improvement over the December guidance of $750 to $850 million loss. Revenue reached $4.4 billion, 95% of 2019 levels, aided by record booking volumes in North America and Europe. Adjusted EBITDA was $382 million, exceeding guidance expectations. Customer deposits hit a record $5.7 billion. The company anticipates further growth in cash from operations, contributing to debt reduction. For 2023, adjusted EBITDA is projected between $3.9 billion and $4.1 billion, with occupancy expected to return to historical levels.

Princess Cruises announced a partnership with the premium Italian coffee brand, Lavazza, making it the Official Coffee Partner for all its ships. This collaboration aims to enhance the guest experience by offering Lavazza's high-quality coffee options onboard. Starting this spring, passengers can enjoy various coffee offerings, including hot drinks and Ready-to-Drink cans. Additionally, the partnership will include unique coffee-inspired dinners and marketing campaigns. John Padgett, president of Princess Cruises, emphasized the importance of coffee in the cruise experience, while Lavazza's Camille Vareille expressed excitement over showcasing their products to a broader audience.