Carnival Corp Stock Price, News & Analysis

Seabourn announces its second annual The Suite Life Event, offering significant savings on luxury ocean and expedition voyages through 2024. Guests can enjoy up to 15% off ocean voyages and up to 25% off expedition trips, with a 15% deposit option available in the US, Canada, and Australia. The event, live now until February 28, 2023, covers over 600 sailings across all continents, including popular destinations like Alaska and the Mediterranean.

Holland America Line celebrates Alaska's statehood by announcing its 2024 cruise season, featuring a new 28-day Arctic Circle itinerary with 12 ports, and offering 117 weeklong journeys. The premium cruise line emphasizes its leadership in Alaska cruising, with six ships and exclusive land operations in Denali and the Yukon. Bookings are now open for a season running from April to September 2024, with added bonuses for early bookings, including upgraded beverage and Wi-Fi packages. Holland America aims to enhance cultural experiences through its 'Alaska Up Close' program.

Carnival Cruise Line President Christine Duffy and Chief Culinary Officer Emeril Lagasse celebrated New Year’s Eve by flipping the switch to light New York City's iconic ball for the countdown to 2023. This event coincided with Carnival's 2023 advertising theme, 'Choose Fun Together.' At the same time, nearly 100,000 guests aboard Carnival's fleet participated in the celebrations. Carnival Cruise Line continues to be a leader in the cruise industry, operating 24 ships and planning to add three more by 2024, reinforcing its position as America’s Cruise Line.

Carnival Cruise Line has appointed renowned chef Emeril Lagasse as its Chief Culinary Officer. His restaurant concept, Emeril's Bistro, will expand fleetwide, starting with the upcoming Carnival Jubilee in December 2023. Lagasse will provide culinary guidance across the fleet and will have input on main dining room menus. Carnival emphasizes its strong culinary offerings, which have received numerous awards. This announcement coincides with Carnival's expansion in New York City, with year-round sailings from the Manhattan Cruise Terminal beginning in June.

Carnival Cruise Line will celebrate the New Year with a dual celebration on land and at sea. President Christine Duffy will light the New Year's Eve Ball in Times Square alongside Chef Emeril Lagasse. Nearly 100,000 guests aboard Carnival's 24 ships will join in the festivities. The company launched its 'Choose Fun Together' advertising campaign, highlighting family and friends' experiences. In 2023, Carnival will introduce two new ships, expanding its fleet and services. The campaign coincides with the cruise industry's wave season, aiming to attract more travelers.

Carnival Corporation & plc reported a fourth quarter 2022 net loss of $1.6 billion, equivalent to $(1.27) diluted EPS. Adjusted net loss stood at $1.1 billion, or $(0.85) adjusted EPS. The company's revenue for Q4 was $3.8 billion, reaching 80% of 2019 levels. Adjusted EBITDA was $(96) million, within expected guidance. Notably, total customer deposits hit a record $5.1 billion, and bookings for 2023 are above pre-pandemic levels. Liquidity remains strong at $8.6 billion. Although occupancy is below 2019 levels, the company anticipates a positive shift in financial performance as travel protocols relax and demand rises.

Holland America Line announces its 2024 Europe season featuring new itineraries and homeports. This season includes voyages ranging from 7 to 35 days, enhancing Northern Europe routes and introducing multiple departure cities, including Rotterdam. The expansion boasts 11 departure cities and 9 overnight ports, enriching the cruise experience with longer durations and cultural immersion. Guests booking with the 'Have It All' package can receive additional perks. Notably, the line is returning to the Canary Islands and Bermuda with diverse itineraries.

Kavita Torvi from Cary, N.C., won a $95,000 Princess-branded Porsche Taycan in a giveaway that attracted over 850,000 entries across North America. Her entry was triggered by a $5 purchase of a Princess accessory. The vehicle features high-tech elements and is adorned with the company's iconic logo. The presentation took place at Port Everglades just before Torvi's cruise aboard the Regal Princess. John Padgett, Princess President, expressed the company's joy in celebrating guest milestones with such memorable prizes.

Princess Cruises' Ruby Princess has embarked on its inaugural cruise from Galveston, Texas, marking the first such departure in six years. The ship, weighing 113,561 tons and capable of carrying 3,080 passengers, will operate a total of 16 sailings during its winter/spring schedule. It is estimated to serve over 50,000 passengers, featuring itineraries including 5- to 16-day voyages to Mexico and the Caribbean, alongside Panama Canal transits. The return of Ruby Princess is seen as a significant boost for the Galveston port and cruise tourism.