Carnival PLC - CUK STOCK NEWS

Carnival Cruise Line has appointed renowned chef Emeril Lagasse as its Chief Culinary Officer. His restaurant concept, Emeril's Bistro, will expand fleetwide, starting with the upcoming Carnival Jubilee in December 2023. Lagasse will provide culinary guidance across the fleet and will have input on main dining room menus. Carnival emphasizes its strong culinary offerings, which have received numerous awards. This announcement coincides with Carnival's expansion in New York City, with year-round sailings from the Manhattan Cruise Terminal beginning in June.

Carnival Cruise Line will celebrate the New Year with a dual celebration on land and at sea. President Christine Duffy will light the New Year's Eve Ball in Times Square alongside Chef Emeril Lagasse. Nearly 100,000 guests aboard Carnival's 24 ships will join in the festivities. The company launched its 'Choose Fun Together' advertising campaign, highlighting family and friends' experiences. In 2023, Carnival will introduce two new ships, expanding its fleet and services. The campaign coincides with the cruise industry's wave season, aiming to attract more travelers.

Carnival Corporation & plc reported a fourth quarter 2022 net loss of $1.6 billion, equivalent to $(1.27) diluted EPS. Adjusted net loss stood at $1.1 billion, or $(0.85) adjusted EPS. The company's revenue for Q4 was $3.8 billion, reaching 80% of 2019 levels. Adjusted EBITDA was $(96) million, within expected guidance. Notably, total customer deposits hit a record $5.1 billion, and bookings for 2023 are above pre-pandemic levels. Liquidity remains strong at $8.6 billion. Although occupancy is below 2019 levels, the company anticipates a positive shift in financial performance as travel protocols relax and demand rises.

Holland America Line announces its 2024 Europe season featuring new itineraries and homeports. This season includes voyages ranging from 7 to 35 days, enhancing Northern Europe routes and introducing multiple departure cities, including Rotterdam. The expansion boasts 11 departure cities and 9 overnight ports, enriching the cruise experience with longer durations and cultural immersion. Guests booking with the 'Have It All' package can receive additional perks. Notably, the line is returning to the Canary Islands and Bermuda with diverse itineraries.

Kavita Torvi from Cary, N.C., won a $95,000 Princess-branded Porsche Taycan in a giveaway that attracted over 850,000 entries across North America. Her entry was triggered by a $5 purchase of a Princess accessory. The vehicle features high-tech elements and is adorned with the company's iconic logo. The presentation took place at Port Everglades just before Torvi's cruise aboard the Regal Princess. John Padgett, Princess President, expressed the company's joy in celebrating guest milestones with such memorable prizes.

Princess Cruises' Ruby Princess has embarked on its inaugural cruise from Galveston, Texas, marking the first such departure in six years. The ship, weighing 113,561 tons and capable of carrying 3,080 passengers, will operate a total of 16 sailings during its winter/spring schedule. It is estimated to serve over 50,000 passengers, featuring itineraries including 5- to 16-day voyages to Mexico and the Caribbean, alongside Panama Canal transits. The return of Ruby Princess is seen as a significant boost for the Galveston port and cruise tourism.

Seabourn, the ultra-luxury travel leader, celebrates a successful year, receiving 29 prestigious travel industry awards in 2022. Recognitions come from reputable sources, highlighting the excellence in service, culinary offerings, and overall experience. Notable accolades include Best Luxury Line and Best Service. The company also launched its first expedition ship and plans to introduce a second in 2023. Seabourn emphasizes its commitment to delivering exceptional travel experiences, with a focus on customer satisfaction and luxury offerings.

Holland America Line has been named the official cruise line partner of the Professional Pickleball Association (PPA), enhancing its onboard experiences with pickleball courts and free lessons. Starting February 2023, all ships will feature refreshed pickleball courts and offer complimentary beginner lessons by April 2023. This initiative aims to attract guests interested in the fast-growing sport, which is particularly popular on their vessels. Additionally, tutorial videos will be available in guest rooms, and branded pickleball starter kits will be sold onboard.

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has announced a conference call on December 21, 2022, at 10 a.m. (EST) to discuss a business update. The call will provide insights into the company's performance and strategic direction. Investors and analysts can access the simulcast via the official websites of Carnival Corporation and Carnival plc. This update is critical for stakeholders to gauge the company's fourth-quarter performance and future outlook.