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Carnival Corporation - CCL STOCK NEWS

Welcome to our dedicated page for Carnival Corporation news (Ticker: CCL), a resource for investors and traders seeking the latest updates and insights on Carnival Corporation stock.

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) is the world's largest global cruise company and one of the largest vacation companies, with a portfolio that includes many of the most recognized cruise brands. The company's brands include Carnival Cruise Lines, Holland America Line, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; AIDA Cruises in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Australia.

With 92 ships in service as of the end of fiscal 2023, Carnival Corporation offers a wide range of vacation products tailored to different cultures and preferences. Combined, their cruise brands welcomed nearly 13 million guests in 2019 and again in 2023, underscoring the resilient demand for cruise vacations.

Notably, Carnival Corporation also owns Holland America Princess Alaska Tours, enhancing its land-based tour offerings in Alaska and the Canadian Yukon. The company's commitment to development and innovation is evident in its various projects, such as Princess Cruises' new immersive

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Seabourn announces the appointment of Natalya Leahy as its new president, succeeding Josh Leibowitz, who is departing for new opportunities. Leahy brings extensive experience from her previous role as chief operating officer at Holland America Group, where she oversaw Seabourn among other brands. Her leadership is seen as pivotal as the company prepares to launch its second purpose-built expedition ship, Seabourn Pursuit, later this year. Leibowitz successfully managed the fleet's return to service and the expansion into ultra-luxury expedition voyages. Seabourn is owned by Carnival Corporation (NYSE: CCL, CUK).

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Carnival Corporation has secured a new $2.1 billion multi-currency revolving credit facility, set to replace its existing facility expiring in August 2024. The facility has a one-year initial term and includes mutual extension options, as well as an accordion feature allowing for commitments up to $2.9 billion. This move reflects the company's robust bank relationships and aims to support its return to profitability and deleveraging efforts. The new facility is unsecured and will be backed by three unencumbered vessels. Key coordinators of this financing include Bank of America, BNP Paribas, and JP Morgan.

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Holland America Line is hosting the Alaska Cruise and Travel Show on March 18, 2023, at Bell Harbor International Conference Center in Seattle. The free event invites locals to explore Alaska cruise options and engage with various activities, including gold panning, axe throwing, and cooking demonstrations. Attendees can register for a chance to win one of seven Alaska cruises for two and receive promotional offers when booking at the show. This marks the third time Holland America is offering this expo, which highlights their expertise in Alaska cruising, celebrating over 75 years in the market.

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Holland America Line is offering a special promotion for California residents, providing $150 in combined spending credits for onboard activities, Denali, and Dawson City tours when booking select 2023 Alaska Cruisetours. The promotion runs until March 31, 2023 and coincides with the 'Time of Your Life' wave offer, which includes benefits like free stateroom upgrades, discounts, and special packages. This year, a total of 16 Cruisetours feature Denali National Park and some include the Yukon. The goal is to attract more West Coast guests to experience Alaska and Yukon, leveraging Holland America's unique offerings in this region.

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On February 24, 2023, Holland America Line announced a special promotion for Illinois residents booking 2023 Denali and Yukon Cruisetours, providing a combined onboard spending credit of $150 per person. This offer includes $50 for onboard spending, $50 in Denali Dollars for dining and tours, and $50 in Dawson Dollars for excursions. The promotion runs through March 31, 2023, and can be combined with the existing 'Time of Your Life' wave offer, which includes free stateroom upgrades and discounts. Holland America Line's Cruisetours showcase Alaska and the Yukon, extending its unique offerings in the region.

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Holland America Line has announced a special offer for Florida residents, providing $150 in combined credit per person for their 2023 Denali and Yukon Cruisetours. This promotion includes $50 for onboard spending, $50 in Denali Dollars, and $50 in Dawson Dollars. The offer is part of the 'Time of Your Life' wave promotion, featuring additional perks like free stateroom upgrades and discounts. The promotion is valid until March 31, 2023, and highlights Holland America Line’s unique position in offering combined cruise and land experiences in Alaska and the Yukon.

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Seabourn has announced its new expedition voyages for summer 2024 and winter/spring 2025, utilizing the Seabourn Venture and Seabourn Pursuit vessels. These voyages will explore unique global locations including the South Pacific, Antarctica, the Arctic, and the Kimberley region in Australia. The Kimberley will feature six 10-day voyages between June and August 2024. Other highlights include trips to Papua New Guinea and adventurous itineraries across the South Pacific. All new voyages are now available for booking. Seabourn's focus on immersive and luxurious experiences is underscored by their expert Expedition Team.

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Princess Cruises has unveiled its 2024 Japan cruise season, featuring the debut of the Royal Princess, the first Royal-Class ship in the region. The season includes 36 departures from Tokyo, with itineraries spanning 7 to 23 days and visits to 35 destinations across three countries. The Diamond Princess returns for a series of 10-day Spring Flowers voyages, coinciding with cherry blossom season. Notable events include cultural festivals with late-night port stays. Cruises also offer access to nine UNESCO World Heritage Sites, enhancing the cultural experience for guests.

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Holland America Line has extended its popular 'Kids Cruise Free' offer, allowing families to enjoy a vacation with the third and fourth children sailing for free in the same stateroom until spring 2024. Travelers can book a family cruise for as little as US$1,698. The promotion includes additional benefits like free stateroom upgrades, discounts, and reduced deposits. Available on select cruises from April 2023 to April 2024, this deal aims to make family vacations to destinations like Alaska and Europe more affordable. The promotion also features amenities and activities tailored for families, including Club HAL and family-friendly shore excursions.

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Holland America Line has established multi-year sponsorships with the Oregon Ducks and Oregon State Beavers, enhancing its presence in the Pacific Northwest's college sports scene. This partnership aims to connect with local fans through various initiatives at sporting events, including multimedia campaigns and in-game activities. With Portland being a key market, the cruise line will leverage these sponsorships to promote its Seattle and Vancouver, B.C. homeports for Alaska cruises. The sponsorship will feature engagements at basketball, baseball, and football events, including special promotions and giveaways, thus increasing brand visibility and community involvement.

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FAQ

What is the current stock price of Carnival Corporation (CCL)?

The current stock price of Carnival Corporation (CCL) is $24.51 as of November 18, 2024.

What is the market cap of Carnival Corporation (CCL)?

The market cap of Carnival Corporation (CCL) is approximately 32.9B.

What brands are part of Carnival Corporation & plc?

Carnival Corporation's portfolio includes Carnival Cruise Lines, Holland America Line, Princess Cruises, Seabourn, P&O Cruises, Cunard Line, AIDA Cruises, and Costa Cruises.

How many guests did Carnival Corporation attract in 2023?

Carnival Corporation's brands attracted nearly 13 million guests in 2023, matching pre-pandemic levels of 2019.

What sustainability initiatives is Carnival Corporation involved in?

Carnival Corporation is involved in various sustainability initiatives, including biofuel tests on Holland America Line ships and a commitment to net-zero emissions by 2050.

What new experiences does Princess Cruises offer?

Princess Cruises offers new immersive experiences like the 'Voyage to the Stars' program in Alaska, featuring a planetarium show of the Northern Lights.

Where can I find financial information about Carnival Corporation?

Financial information about Carnival Corporation can be found on their official websites at www.carnivalcorp.com and www.carnivalplc.com.

What is Holland America Line's Global Fresh Fish Program?

Holland America Line's Global Fresh Fish Program sources 80 types of fresh fish from a global network of 60 ports, ensuring the freshest seafood is served onboard.

How many ships does Carnival Corporation operate?

Carnival Corporation operates 92 ships across its various cruise brands as of the end of fiscal 2023.

What regions do Carnival Corporation's brands serve?

Carnival Corporation's brands serve regions including North America, the United Kingdom, Germany, Southern Europe, and Australia.

What are some of Carnival Corporation's latest projects?

Latest projects include Princess Cruises' expanded Alaska itineraries and Holland America Line's biofuel tests to reduce greenhouse gas emissions.

How can I stay updated on Carnival Corporation's news?

You can stay updated on Carnival Corporation's news by visiting their official website or following their press releases and updates online.

Carnival Corporation

NYSE:CCL

CCL Rankings

CCL Stock Data

32.89B
1.12B
7.64%
62.29%
4.99%
Travel Services
Water Transportation
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