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
Holland America Line will host the Alaska Cruise and Travel Show on November 5, 2022, in Phoenix, Arizona. This free event showcases Alaska's attractions, allowing attendees to engage in activities like gold panning and axe throwing. Guests can win one of seven Alaska cruises and enjoy promotional offers including up to $350 spending credit for cruise bookings made at the show. The brand aims to leverage its 75 years of Alaska exploration expertise to connect with local travelers.
Carnival Corporation reported a third quarter 2022 net loss of $770 million and an adjusted net loss of $688 million. Despite this, the company achieved an adjusted EBITDA exceeding $300 million, marking its first positive quarter since returning to operations. Revenue surged by nearly 80% compared to the previous quarter, and occupancy rose 15 percentage points. Booking volumes significantly outpaced 2019 levels following relaxed protocols. The company ended the quarter with $7.4 billion in liquidity, bolstered by a $1.15 billion equity offering.
Cunard has announced a performance of The Best Exotic Marigold Hotel aboard the Queen Mary 2 from December 15-22, 2022. This production features stars like Hayley Mills, Paul Nicholas, and Rula Lenska and includes three performances in the ship's Royal Court Theatre. The show is based on the best-selling novel and explores the adventures of British retirees in India. Cunard has been an operator of luxury cruises since 1840 and is known for delivering exceptional onboard experiences.
Carnival Cruise Line has announced actress Cassidy Gifford as the godmother of its newest ship, Carnival Celebration, during a ceremony on November 20, 2022, in Miami. Cassidy, daughter of former godmother Kathie Lee Gifford, expressed pride in continuing the family tradition. Carnival Celebration marks the end of the company's 50th birthday festivities and will feature six themed zones and a BOLT roller coaster. Carnival continues to expand its fleet, welcoming five new ships from 2022 to 2024.
Holland America Line, part of Carnival Corporation (NYSE: CCL), has successfully implemented the SYNKROS casino management system across all 11 ships in its fleet. This upgrade introduces cashless wagering and improved access to player information, enhancing the gaming experience for guests. The system allows for on-demand slot tournaments and promotions. Konami Gaming, which developed SYNKROS, was chosen as the official gaming enterprise management system for Carnival's brands in 2018, and its installation across over 90 ships is ongoing.
Holland America Line celebrates the lifting of Canadian pandemic border restrictions, which simplifies travel for Alaska and Canada cruises. As of late September, no vaccination or COVID-19 testing is needed for entry to Canada. This shift is expected to boost interest in booking 2023 cruises. The company has introduced a Health Protocols Tool for guests to easily check requirements. In 2023, six ships will explore Alaska, and itineraries will also showcase Canada/New England. The cruise line emphasizes its long-standing expertise in Alaska travel.
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