Carnival PLC - CUK STOCK NEWS

Princess Cruises has teamed up with Caymus Vineyards to introduce an exclusive Caymus Vineyards Winemaker Dinner, available fleetwide by late May 2023. This culinary event will feature a five-course menu expertly paired with renowned wines, including Caymus Napa Valley Cabernet Sauvignon, for $140 per person. Offered in the Crown Grill restaurant, the dinner accommodates 12 guests per seating, and can be reserved onboard. The collaboration highlights Princess Cruises’ commitment to enhancing the dining experience, with further plans for a refreshed wine menu and exclusive shore excursions to Caymus Vineyards in Napa Valley later this year.

Holland America Line announces its 2024-2025 cruise season, featuring itineraries from November 2024 to March 2025. The Oosterdam will offer cruises of 14 to 22 days, visiting destinations like Macchu Pichu and Antarctica. In February 2025, the Zaandam will embark on a 27-day Amazon River adventure from Fort Lauderdale, enhancing the lineup with unique cultural experiences. Early booking promotions include premium packages and onboard credits for loyalty members, available until June 5, 2023. The cruises emphasize immersive experiences, showcasing diverse South American landscapes and rich cultural heritages.

Holland America Line has announced its 2024-2025 Caribbean cruise season, introducing longer itineraries and new departure options from Boston and Fort Lauderdale. The season begins with three new voyages, including a unique 21-day roundtrip cruise from Boston on October 19, 2024, featuring a partial Panama Canal transit and stops at Bermuda and Half Moon Cay. Overall, the program includes five- to 21-day cruises with itineraries to less-visited islands and significant destinations. Early booking offers are available until June 27, 2023, with benefits such as onboard credits and premium packages.

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) reported a first quarter 2023 net loss of $693 million, or $(0.55) diluted EPS, an improvement over the December guidance of $750 to $850 million loss. Revenue reached $4.4 billion, 95% of 2019 levels, aided by record booking volumes in North America and Europe. Adjusted EBITDA was $382 million, exceeding guidance expectations. Customer deposits hit a record $5.7 billion. The company anticipates further growth in cash from operations, contributing to debt reduction. For 2023, adjusted EBITDA is projected between $3.9 billion and $4.1 billion, with occupancy expected to return to historical levels.

Princess Cruises announced a partnership with the premium Italian coffee brand, Lavazza, making it the Official Coffee Partner for all its ships. This collaboration aims to enhance the guest experience by offering Lavazza's high-quality coffee options onboard. Starting this spring, passengers can enjoy various coffee offerings, including hot drinks and Ready-to-Drink cans. Additionally, the partnership will include unique coffee-inspired dinners and marketing campaigns. John Padgett, president of Princess Cruises, emphasized the importance of coffee in the cruise experience, while Lavazza's Camille Vareille expressed excitement over showcasing their products to a broader audience.

Carnival Cruise Line has opened reservations for its new ship, Carnival Firenze, which is set to sail year-round from Long Beach, California starting May 2024 through April 2025. This vessel celebrates Italian culture and offers 15 different itineraries ranging from three to seven days, visiting popular destinations in Baja Mexico and the Mexican Riviera. Notable inaugural cruises include a 5-Day cruise to Cabo San Lucas and Ensenada, departing May 2, 2024. Carnival Firenze joins the fleet's offerings, enhancing the Carnival Fun Italian Style experience introduced with Carnival Venezia.

Cunard has launched the 'Sea Views' exhibition, curated by renowned photographer Mary McCartney, celebrating over a century of Cunard's history. This exhibition highlights two significant milestones: Cunard's introduction of onboard photography and the centenary of the first round-the-world voyage on the Laconia, which began on November 21, 1922. The digital exhibition features a rich collection of archival photos and images submitted by guests, showcasing the glamour and experiences aboard Cunard's ships. The exhibition is available at www.cunard.com/seaviews.

Carnival Cruise Line celebrated a historic milestone, becoming the first cruise line to serve over 100 million guests since its inception in 1972. President Christine Duffy recognized the occasion at PortMiami, emphasizing the brand's commitment to a fun, inclusive atmosphere. The cruise line is actively expanding its fleet, with three new ships set to join by spring 2024. Upcoming vessels include Carnival Venezia, launching in May for year-round operations in New York, and Carnival Jubilee, which will sail from Galveston. The company continues to grow as a leader in the cruise industry.

Seabourn has announced the sale of its ultra-luxury cruise ship, Seabourn Odyssey, to Mitsui O.S.K. Lines, Ltd. (MOL). The vessel will continue to operate scheduled voyages until August 22, 2024, before being delivered to MOL after a charter agreement. President Natalya Leahy highlighted the fleet's optimization and mentioned the introduction of Seabourn Pursuit, boosting the fleet's modernity with an average age of just seven years. This strategic move allows Seabourn to expand its offerings in ultra-luxury expedition travel, promising new itineraries across all continents with enhanced guest capacity.