Carnival Corp Stock Price, News & Analysis

Holland America Line has launched bookings for its 2022 Europe season featuring two Pinnacle Class ships. Running from April to October, the itineraries range from seven to 21 days, covering various European destinations. Notably, the 150th Anniversary transatlantic crossing of Rotterdam VII is set for October 15, 2022. The season includes 14 overnight port calls in cities such as Dublin, Istanbul, and New York City, and 18 evening departure cities. Unique itineraries feature Mediterranean and Northern Europe voyages. Bookings made by February 28, 2021, offer up to $2,300 in amenities.

Holland America Line is set to enhance its Caribbean offerings during the 2021-2022 season, featuring six premium ships including the debut of Rotterdam. Cruises will range from three to 21 days, sailing roundtrip from Fort Lauderdale. Exclusive itineraries include visits to Half Moon Cay, recognized as the industry's best private island. The View & Verandah offer, available until Feb. 28, 2021, provides significant savings, with prices starting at $699 for a seven-day cruise. Overall, the cruise line aims to deliver enriched experiences while exploring Caribbean culture.

Seabourn announced its 2021 Alaska and British Columbia cruise season featuring the Seabourn Odyssey. This luxury ship will operate seven-day voyages from Juneau to Vancouver, showcasing unique destinations like Inian Islands and Alert Bay. Each itinerary includes spectacular glacier experiences and the Ventures by Seabourn program for immersive, expedition-style activities. The focus on personalized service and wildlife exploration aims to elevate luxury travel in Alaska, making it a distinctive offering for affluent travelers this summer.

Carnival Corporation & plc reported a fourth quarter net loss of $2.2 billion, with an adjusted loss of $1.9 billion. Despite these losses, the company ended Q4 2020 with $9.5 billion in cash and a better-than-expected cash burn rate of $500 million. Cumulative bookings for the first half of 2022 surpassed 2019 levels, and the company is taking steps to enhance operational efficiency by removing 19 less efficient ships. The CEO expressed confidence in resuming operations and capitalizing on pent-up demand as health protocols are implemented.

Holland America Line has announced it is extending its pause in cruise operations through April 30, 2021, due to the CDC's Framework for Conditional Sailing Order. This suspension includes all departures from key regions like Alaska, Mexican Riviera, Caribbean, and Mediterranean. Affected customers will be automatically offered Future Cruise Credits (FCC) of 125% for fully paid bookings or double the deposit for partially paid reservations. Refund options are also available. The company is actively preparing for the safe resumption of operations.