Carnival Corp Stock Price, News & Analysis

Carnival Cruise Line has named Miss Dominican Republic, Kimberly Jiménez, as the godmother of its innovative ship, Mardi Gras, during the MISS UNIVERSE broadcast. This ship is notable for being the first in the Americas powered by eco-friendly Liquefied Natural Gas (LNG) and for featuring an onboard roller coaster. Jiménez, a champion for at-risk youth and advocate for adoption, received the 'Spirit of Carnival' award, recognizing her commitment to diversity and empowerment. The Mardi Gras will set sail for the Caribbean and Bahamas, offering memorable experiences to its guests.

Carnival Cruise Line has announced further cancellations of sailings as it prepares for a potential restart in July 2021. Selected ships from Florida and Texas are expected to resume, including Carnival Vista and Carnival Breeze from Galveston, and Carnival Horizon from Miami. Cancellations affect all other ships until July 30, 2021, with options for full refunds or future cruise credits for affected guests. Discussions are ongoing with the CDC, and patience from guests is appreciated.

BetterInvesting Magazine named Fleetcor Technologies (NYSE: FLT) as the "Stock to Study" and Carnival Corp. (NYSE: CCL) as the "Undervalued Stock" for July 2021. The announcement reflects the expectation that stimulus payouts will affect investment decisions as Americans adapt to a post-pandemic economy. BetterInvesting emphasizes the importance of informed investment choices and encourages potential investors to utilize their online tools for analysis. For further insights, details will be available in the August 2021 issue of the magazine.

Holland America Line has received approval to restart cruising from Piraeus (Athens) in August 2021, with bookings opening on May 6. The initial voyages include a 14-day "Idyllic Greek Isles" and a seven-day "Adriatic Allure" itinerary. Enhanced health protocols will be in place, requiring guests to be vaccinated. The company will also cancel some prior European cruises to accommodate the new schedules. Cruise fares begin at $1,649 for cruise-only options, with additional offerings like flexible cancellations available until June 30, 2021.

Princess Cruises has launched Dine My Way, a new flexible dining option for guests, enhancing their onboard experience. This feature allows guests to make reservations at their preferred times and with chosen companions, optimizing dining capacities and reducing wait times. Guests can customize their dining preferences, including pace and seating location. The OceanNow service has also expanded, enabling on-demand menu ordering from anywhere on the ship. These innovations aim to improve guest convenience and experience, leveraging the technology of the OceanMedallion wearable device.

Seabourn has launched its 65-day Grand Pacific Voyage 2022, set to depart from Vancouver on September 30, 2022, and conclude in Sydney on December 5, 2022. The voyage covers 41 ports, 30 islands, and 12 countries, including stops in French Polynesia and new locations not visited in over five years. Guests can enjoy optional excursions, exclusive amenities, and a 6% discount for early bookings by May 31, 2021. This voyage highlights Seabourn's commitment to providing luxurious travel experiences with exceptional service and exclusive offerings.

Carnival Cruise Line, alongside Federal Maritime Commission, city officials, and local businesses, held a rally in Galveston, Texas, to advocate for the resumption of cruising in the U.S. The event underscored the cruise industry's significant economic impact, generating $1.6 billion in annual expenditures and 27,000 jobs statewide. Carnival, operating three year-round ships, emphasizes the need for equal treatment as other travel sectors. The rally featured vaccinations for crew members and highlighted the importance of returning to cruising for the local economy.

Carnival Corporation partnered with the World Travel & Tourism Council to host the 2021 Global Science Summit on COVID-19 on April 15, attended by nearly 10,000 participants. Leading health experts discussed the latest science and best practices for safely resuming travel post-pandemic. Their insights emphasized a coordinated approach to restore consumer confidence and drive recovery in the travel industry. The summit included discussions on epidemiology, testing, and mitigation strategies, aiming to inform safe practices as travel restrictions are lifted.