Carnival Corporation - CCL STOCK NEWS

Cunard has announced its 2022 Event Voyages aboard the flagship Queen Mary 2 and Queen Elizabeth, featuring a variety of cultural themes including literature, art, and music. Highlights include the London Theatre at Sea, Beatles and Beyond, and the inaugural Art & Design Week. Voyages offer unique experiences such as interactive workshops, performances, and opportunities to meet notable figures. Fares start from $1,049 to $1,579 per person. Cunard continues to stand out as a luxury cruise line with exceptional service and entertainment.

Holland America Line announced the launch of its new "Have It All" premium package aimed at enhancing the value of cruising for vacationers. This package, available for cruises six days or longer, offers inclusions like shore excursions, beverages, specialty dining, and Wi-Fi at a cost of $99 per guest per day. The package provides approximately 50% savings compared to purchasing these amenities separately. Bookings for the package open on April 21, 2021, and it reflects the company’s focus on guest preferences and convenience in travel planning.

Carnival Corporation will host the 2021 Global Science Summit on COVID-19 on April 15, 2021, from 10 a.m. to 1:30 p.m. EDT. This virtual event aims to share the latest COVID-19 science, focusing on epidemiology, testing, vaccines, and daily practices for a post-pandemic world. Esteemed experts will present discussions on treatment, prevention, and practical life adaptations. Registration is free and open to the public. Sponsors include Hilton Worldwide Holdings and the U.S. Travel Association.

Cunard's Captain Christopher Wells retires after a notable 20-year career with the cruise line. He has been named Commodore for his exemplary service. Over his career, he captained the flagship Queen Mary 2 and played a vital role in its commissioning in 2004. Cunard's president commended Wells for his exceptional contributions and leadership. His journey began on tankers and transitioned to cruise ships in 1992. With a legacy of memorable events, including meeting the Queen, Wells leaves behind a respected career and is celebrated for his commitment to Carnival Corporation.

Princess Cruises has announced the launch of enhanced MedallionNet Wi-Fi service across its fleet, enabling guests to work remotely from the sea with reliable, high-speed internet. This service will support essential tasks like video conferencing and cloud-based applications, ensuring a seamless experience for remote workers. With over 40% of Americans telecommuting and a growing demand for remote workspaces, Princess aims to provide a unique office-at-sea experience. Additionally, their flexible 'Book with Confidence' policy allows cancellations for cruises booked through June 30, 2021.

Carnival Corporation is hosting the 2021 Global Scientific Summit on COVID-19 on April 15, 2021, a virtual event featuring discussions on the latest science regarding COVID-19. The summit includes expert panels addressing epidemiology, treatment, and life after the pandemic. With participation from notable medical professionals and organizations like WTTC and Hilton, the event aims to provide practical approaches to navigate post-pandemic challenges. Registration is free and open to the public.

Carnival Corporation & plc (CUK, CCL) reported a net loss of $(2.0) billion for Q1 2021, with cash reserves of $11.5 billion. The company noted a 90% increase in booking volumes compared to Q4 2020 and anticipates resuming limited cruise operations across six brands this summer. Notably, cumulative advanced bookings for 2022 outpace strong 2019 levels with minimal marketing efforts. The average monthly cash burn rate was $500 million, better than expected, but ongoing operations continue to be impacted by the pandemic, projecting further losses for Q2 and the full fiscal year.