Carnival Plc Stock Price, News & Analysis

Princess Cruises is launching a live game show, "Deal or No Deal," on its new ship, Discovery Princess, starting from March 27, 2022. This event offers participants the chance to win cash prizes up to $1,000 or a free cruise. The interactive game, in partnership with TimePlay, allows guests to engage through case cards with a buy-in of $25 to $50. Discovery Princess, the sixth Royal-Class ship, will also provide various luxury experiences and sail from Los Angeles and Seattle for cruises to Mexico and Alaska.

Princess Cruises appointed Cal Almaguer as Sr. Vice President of Sales and Service Strategy and Operations, and Carmen Roig as Vice President of Sales, enhancing its sales and service operations. They bring extensive experience from their prior roles, with Almaguer focusing on expanding sales channels and Roig overseeing trade relationships. The company aims to modernize its sales capabilities to boost cruise bookings and enhance service quality. This leadership change reflects a commitment to improving trade relations and sales performance.

Carnival Corporation reported a net loss of $1.9 billion for Q1 2022, while liquidity stands at $7.2 billion. Despite an occupancy increase to 54%, the Omicron variant impacted near-term bookings. Revenue per passenger cruise day increased by 7.5% compared to 2019, driven by enhanced onboard revenue. The company plans to fully resume operations by summer 2022 and has begun removing less efficient ships. Monthly adjusted EBITDA is expected to turn positive by summer 2022, alongside rising customer deposits, which reached $3.7 billion.

Carnival Corporation (NYSE: CCL; NYSE: CUK) announced a $3 million commitment from the Micky and Madeleine Arison Family Foundation to support humanitarian aid for Ukrainian refugees. This includes $1 million each to World Central Kitchen, Direct Relief, and UNICEF USA. Additionally, Carnival Cruise Line donated $50,000 to World Central Kitchen. The company emphasizes its commitment to humanitarian efforts amidst the ongoing crisis in Ukraine, with CEO Arnold Donald expressing solidarity with affected individuals.

Holland America Line has improved the preboarding experience by introducing mBark facial recognition and the VeriFLY vaccine verification program at all U.S., Canadian, and European homeports. mBark allows guests to check in in under 10 seconds, while VeriFLY facilitates the upload of vaccination and test results. Initial testing has shown high satisfaction among guests. The rollout of these technologies is set to occur by the end of March 2022 across the fleet, enhancing the overall cruising experience and efficiency.

Cunard has announced its inaugural London Theatre at Sea voyage, featuring the Olivier Awards, set to take place on the Queen Mary 2 from May 15, 2022. This seven-night transatlantic crossing from New York to London includes performances by renowned talents such as Olivier Award winners Sharon D. Clarke MBE and Matt Henry MBE. Guests will enjoy workshops and industry talks, alongside a unique Oliviers Gala Evening. The voyage starts at $799 per person for an Inside stateroom, with Grill Suites priced from $4,299, promising an unforgettable experience for theatre enthusiasts.

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has scheduled a conference call for March 22, 2022, at 10 a.m. EDT to provide a business update. The call will be accessible via the company's websites: carnivalcorp.com and carnivalplc.com. This update is crucial for analysts and investors looking for insights into the company's performance and future outlook amidst ongoing market challenges.

Princess Cruises announced the addition of two U.S. homeports: San Diego and Galveston. The Ruby Princess will operate from Galveston starting December 2022, while the Diamond Princess will return to San Diego in September 2022. Additionally, the Coral Princess is set to resume Australian cruises in June 2022. This marks the full return of Princess Cruises fleet to service, with new itineraries in the Caribbean and along the West Coast. Cancellations of some previously announced itineraries were also noted. Future bookings will commence on specific dates.

Holland America Line is celebrating 75 years of Alaska exploration with its new "Alaska Up Close" program, offering guests immersive experiences in culture, cuisine, and adventure.

This program includes authentic workshops, culinary tastings, and unique shore excursions. Highlights feature local experts, BBC Earth's multimedia performance, and a focus on sustainable dining with the "Savor My Catch" initiative. Cruises begin at $799 per person, with promotional upgrades available until March 31, 2022. Holland America Line operates six ships in Alaska during the summer cruise season, emphasizing its position as the top cruise line in the region.