Welcome to our dedicated page for Carnival PLC news (Ticker: CUK), a resource for investors and traders seeking the latest updates and insights on Carnival PLC stock.
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) is a British-American cruise operator, recognized as the largest global cruise company. Headquartered in Miami, Florida, the company boasts a diverse portfolio of ten cruise line brands, including Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Australia. Carnival's fleet encompasses over 100 vessels, providing a range of memorable vacation experiences worldwide.
With 92 ships in service by the end of fiscal 2023, Carnival has demonstrated significant recovery and growth, especially after the pandemic. The company saw nearly 13 million guests in 2019, a figure they matched again in 2023. Among its notable achievements and current projects, Carnival continues to innovate in sustainable travel. Holland America Line, for example, began a long-term biofuel test on its flagship, Rotterdam, aiming to reduce greenhouse gas emissions significantly.
Recent news highlights the company's commitment to enriching guest experiences. Princess Cruises introduced an immersive 'Voyage to the Stars' experience in Alaska, while Holland America Line's Global Fresh Fish Program was featured on 'Top Chef'. Additionally, Seabourn's launch of its Zero @ Sea mixology program showcases unique non-alcoholic cocktails, responding to evolving guest preferences.
Carnival Corporation's future projects are also promising. The Princess Cruises fleet is set to expand its itineraries in Japan and Southeast Asia for the 2025-26 season, with Diamond Princess leading the way. Moreover, the Seabourn Odyssey will offer nostalgic final voyages through Alaska before transitioning out of the fleet.
Financially, Carnival Corporation continues to show resilience and growth, reflected in their latest fiscal reports and quarterly earnings. Investors and stakeholders can look forward to a conference call scheduled on June 25, 2024, to discuss second-quarter financial results. This proactive engagement underscores Carnival's dedication to transparency and shareholder value.
Holland America Line's McKinley Chalet Resort now offers enhanced dining experiences with new menus at its two on-site restaurants, Karstens Public House and Canyon Steakhouse, featuring authentic Alaskan specialties. The resort has also achieved Marine Stewardship Council certification, ensuring the seafood served is sustainably sourced. New offerings at Denali Square include live music, a portable outdoor bar, educational talks, an Alaska Artist in Residence program, nature walks, and family-friendly activities. This development underscores Holland America's commitment to providing high-quality, sustainable dining options and enriching guest experiences.
Carnival & plc (NYSE/LSE: CCL; NYSE: CUK) has announced a conference call with analysts scheduled for June 25, 2024, at 10 a.m. (EDT) or 3 p.m. (BST) to discuss their second quarter financial results. The financial results are expected to be released on the same morning. The call will be accessible via a simulcast on Carnival's websites.
Carnival & plc is the world's largest cruise company, including numerous renowned cruise lines such as AIDA Cruises, Carnival Cruise Line, Costa Cruises, and others. The company also emphasizes its industry-leading sustainability initiatives, details of which can be found on their dedicated sustainability website.
Cunard announced record-breaking bookings following the launch of its new ship, Queen Anne. The 3,000-guest vessel embarked on its maiden voyage on May 3 and returned to Southampton on May 24 for a British Isles Festival voyage. The event included a spectacular naming ceremony in Liverpool, attended by over 50,000 people, with thousands more watching along the River Mersey.
Cunard reported its highest-ever guest bookings in May, with Queen Anne's Europe itineraries particularly popular. The launch also generated over 21 million impressions on social media. Cunard President Katie McAlister attributed the success to the team's hard work and expressed excitement for welcoming new guests aboard Queen Anne and other ships in their fleet.
Cunard has announced its 2025 Event Voyages across its fleet, including Queen Mary 2, Queen Elizabeth, and Queen Victoria. The seven itineraries, ranging from five to 11 nights, will feature events highlighting arts, gastronomy, wine, and entertainment with expert-led activities.
Key voyages include the Great Australian Culinary Voyage on February 6, 2025, starting at $1333 per person, and the Film Festival at Sea on March 8, 2025, starting at $1193 per person. Other notable cruises include the Cunard 185th Anniversary Sailing, Dance the Atlantic, and the Literature Festival at Sea, each featuring unique themes and expert guests.
Prices for these voyages start from $1142 to $1854 per person, based on double occupancy in a Britannia Balcony stateroom.
Holland America Line's Eurodam will be featured on Bravo's 'Top Chef' airing June 12, 2024. The episode will showcase the cruise line's Global Fresh Fish Program and a special appearance by Chef Masaharu Morimoto, who will prepare a meal for the final four 'cheftestants'. The winner of this penultimate challenge will receive a $10,000 cash prize and a 10-day cruise. The episode represents the first time 'Top Chef' filmed its finale in the Caribbean on a cruise ship. Holland America Line emphasizes its commitment to providing high-quality, sustainably sourced seafood, an effort recognized by certifications from the Marine Stewardship Council and Aquaculture Stewardship Council.
Princess Cruises has been named the official cruise line partner of the Academy of Country Music (ACM). The partnership was announced at the 59th ACM Awards on May 16, hosted by Reba McEntire. This collaboration includes Princess Cruises sponsoring the "ACM Live from the Red Barrel Lounge" series in Nashville, featuring emerging country artists. Select future voyages will also feature performances by these artists. Princess will support the ACM Honors in August, recognizing various award winners. Princess Cruises aims to offer unique onboard experiences combining country music and cruising.
Holland America Line has announced its 'Summer Savings Event,' offering up to 40% off cruise fares, free third and fourth guests, onboard credits up to $100 per stateroom, and 50% reduced deposits. This promotion is applicable on select cruises departing between June 2024 and May 2025. Destinations include Alaska, Europe, the Caribbean, and more. The event is combinable with the 'Have It All' premium fare, which includes additional amenities such as shore excursions and specialty dining. Bookings must be made by June 28, 2024.
Carnival announced that it will sunset the P&O Cruises Australia brand in March 2025, integrating it into Carnival Cruise Line. This strategic move aims to optimize the brand portfolio and boost operational efficiencies. The transition will add eight new ships to Carnival Cruise Line's fleet, increasing its capacity by nearly 25% since 2019. Despite a projected company-wide growth of under 2% CAGR from 2019 to 2028, Carnival Cruise Line's capacity is expected to grow by approximately 50%. The realignment will also enhance performance in the South Pacific, with Carnival remaining the largest cruise operator in the region.
While operational adjustments will be made, the experience for P&O Cruises Australia guests will largely remain the same, with the addition of Carnival's HubApp and loyalty program. The company remains committed to the Australian market, with 19 ships calling on 78 destinations.
Cunard has named the City of Liverpool as the godparent of its latest ship, Queen Anne, recognizing the historic connection dating back to 1840. The announcement highlights the longstanding relationship between Cunard and Liverpool, which was Cunard's original headquarters for 128 years.
Five notable Liverpool icons—Melanie C, Ngunan Adamu, Natalie Haywood, Jayne Casey, and Katarina Johnson-Thompson—will represent the city at the ship's naming ceremony. The event will feature performances by the Royal Liverpool Philharmonic Orchestra and operatic superstar Andrea Bocelli.
Cunard's new ship, Queen Anne, entered service in May 2024, and will be the 249th ship to carry the Cunard name. The ceremony, to be held on the Liverpool waterfront, underscores Cunard's commitment to maintaining its historic ties as it continues to expand its fleet.
Princess Cruises has introduced the 'Love Line Premium Liquors' collection in partnership with celebrities Pitbull, Jason Aldean, and Romero Britto. Debuting on the Sun Princess, the collection includes Voli 305 Vodka by Pitbull, Love Prosecco by Britto, and Melorosa wines by Aldean and others. This premium range is part of the Princess Premier package, enhancing the guest experience. The collection aims to reflect the elegance and sophistication of Princess Cruises and will be available fleetwide ahead of the summer voyages.