Welcome to our dedicated page for Carnival news (Ticker: CCL), a resource for investors and traders seeking the latest updates and insights on Carnival stock.
Carnival Corporation & plc (CCL), the world's largest cruise company, maintains this dedicated news hub for investors and industry stakeholders. Access official press releases, financial disclosures, and operational updates from the parent company of Carnival Cruise Line, Princess Cruises, and other leading brands.
This resource provides timely updates on earnings reports, fleet expansions, sustainability initiatives, and strategic partnerships. Monitor key developments affecting the leisure travel sector through verified announcements directly from the corporation and related analysis.
Content spans quarterly financial results, new itinerary launches, leadership changes, and technological innovations in maritime operations. Bookmark this page for streamlined tracking of CCL's global business activities across its nine cruise line subsidiaries.
Xponential Fitness has launched a new promotion in collaboration with Princess Cruises, offering a unique Black Friday deal for XPASS subscribers. For every dollar spent on an XPASS membership, first-time users receive a matching credit for Princess Cruises, applicable to various global destinations. This offer celebrates 2 million minutes of booked class time and aims to enhance wellness and travel opportunities. The subscription options range from $49 to $199 monthly, providing flexibility and access to thousands of fitness classes across 2,200 studios in the U.S.
The newly refurbished Diamond Princess has launched its inaugural sailing from San Diego, enhancing tourism in the area. This milestone completes the Princess Cruises fleet. From November 2022 to February 2023, the ship offers various cruise itineraries from five to 16 days, covering the Mexican Riviera, California Coast, and Hawaiian Islands. Notably, a unique 20-day cruise to Central America departs on November 27. The ship features the MedallionClass Experience, ensuring a personalized cruising experience.
Cunard has partnered with the Royal Canadian Geographical Society (RCGS), announced at the RCGS annual dinner in Ottawa on November 16, 2022. This collaboration will feature RCGS experts on select 2023 voyages including the Queen Elizabeth in Alaska from June to August and the Queen Mary 2 from New York to Quebec in September. The partnership aims to enhance guest education about Canada's diverse landscapes and heritage, with a commitment to long-term collaboration in cultural understanding and enrichment programming.
Carnival Corporation has announced a private offering of $1 billion in 5.75% convertible senior notes due 2027 as part of its refinancing plan for 2024 maturities. The notes will pay interest semi-annually starting June 1, 2023, and are convertible into approximately 74.6714 shares of common stock per $1,000 note, with a conversion price of around $13.39. The company can redeem the notes for cash if stock prices exceed $17.41 from December 5, 2025. Proceeds will be used for debt repayment and general corporate purposes.
Carnival Corporation has initiated a private offering of $1 billion in convertible senior notes due 2027 to aid its refinancing strategy for 2024 maturities. These notes will be guaranteed by Carnival plc and specific subsidiaries, allowing conversion under certain conditions. The offering also includes an option for purchasers to buy an additional $150 million in notes. Proceeds will support debt principal payments and general corporate purposes, while the notes are only available to qualified institutional buyers under Rule 144A.
Carnival Corporation & plc announced the appointment of Sara Mathew as an independent director on November 14, 2022. Mathew, a former CEO of Dun & Bradstreet, brings extensive operational and financial expertise to the board and will also serve on the Audit Committees. Concurrently, Sir John Parker will step down from the boards effective after the 2023 Annual Meetings of Shareholders. This change reflects Carnival's focus on long-term growth, with the board now comprising twelve members, including ten independent directors.
Holland America Line has launched a new Refer a Friend program aimed at incentivizing loyal past guests to introduce new travelers to the brand. Under this initiative, new guests will receive a $50 Onboard Credit, while referrers in the Mariner Society loyalty program earn a $50 Future Cruise Credit upon successful bookings. The program is designed to attract first-time cruisers and reward existing customers for their recommendations. With a long-standing reputation in the cruise industry, Holland America Line aims to tap into an untapped market segment.
Carnival Cruise Line has opened reservations for its newest ship, Carnival Venezia, which will start year-round sailing from New York City on June 15, 2023. The ship will feature 22 unique itineraries visiting 25 ports in 14 countries, offering 10 different cruise durations. Starting September 29, 2023, it will operate alternating 8-12 day cruises to destinations like the Eastern and Southern Caribbean. In 2024, another new ship, Carnival Firenze, will join the fleet.
Princess Cruises has launched its Black Friday Sale from Nov. 22 to Nov. 30, offering 60 sailings under $60 per day and hundreds more under $100 per day per guest. Customers can secure bookings with a $1 deposit until Nov. 30, postponing the remaining balance for 90 days before travel. Destinations include Alaska, Caribbean, Panama Canal, and Europe. The offer is available to residents of the U.S., Canada, Puerto Rico, Mexico, and Bermuda.
