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 is expanding its Canada and New England season in 2026 with more cruises, increased ports of call, and added overnights. The season will run from April through October, featuring two ships: Zuiderdam and Volendam. A highlight is the new 28-day Legendary Voyage called "Canada, New England and Iceland," departing from Boston on June 20, 2026.
The cruise line offers various itineraries, including 7-day departures from Boston or between Boston and Montreal/Québec City, and 10- or 11-day itineraries exploring the Maritimes, Newfoundland, and New France. The expanded season aims to showcase culturally rich destinations, stunning landscapes, and fall foliage.
Holland America Line is also introducing a Have It All Early Booking Bonus, which includes shore excursions, specialty dining, a Signature Beverage Package, Surf Wi-Fi, free prepaid Crew Appreciation, and upgrades to Elite Beverage Package and Premium Wi-Fi. Prices for 2026 Canada and New England sailings start at $994 per person, inclusive of taxes and fees.
Cunard has announced that fashion icon Christian Siriano will headline its Transatlantic Fashion Week in 2025. The event will take place aboard the flagship Queen Mary 2 during a seven-night voyage from New York to Southampton between October 31 and November 7. Siriano, known for dressing global stars and political figures, will unveil archival highlights in an exclusive runway show and participate in a Q&A session.
The 2025 edition marks the fifth Transatlantic Fashion Week, celebrating the world of fashion aboard Cunard's stylish flagship. Prices start from $2,738 per person for a Britannia Balcony stateroom. The event, conceived by Gail Sackloff OBE, has previously featured renowned designers and offers a platform for emerging talent.
Seabourn, the ultra-luxury cruise line, has unveiled its 2026 voyage program featuring over 200 destinations in nearly 40 countries. The itineraries, now open for sale, cover the Mediterranean, Northern Europe, Alaska & British Columbia, Japan, and Canada & New England between March and December 2026. Highlights include:
- Two unique voyages offering views of the total solar eclipse on August 12, 2026
- Diverse experiences across multiple regions with itineraries ranging from 7 to 21 days
- Seabourn Quest and Sojourn sailing the Mediterranean from June to November
- Seabourn Ovation exploring the British Isles, Iceland, and Norwegian Fjords
- Seabourn Encore's first full summer in Alaska and sailings in Japan
- Complimentary signature events like 'Evening at Ephesus' and 'Marina Day'
- Unique 'Shopping with the Chef' experiences in select destinations
The program aims to immerse guests in authentic cultures while visiting both renowned and lesser-known ports.
Cunard has unveiled its new program of voyages for October 2026 to April 2027, featuring more than 40 new itineraries across its fleet of four Queens. The program includes 101 unique destinations in 57 countries, with 62 UNESCO World Heritage sites. Highlights include 22 overnight port calls, 26 late-evening departures, and two maiden calls for the fleet: Ferrol, Spain, and Acajutla, El Salvador.
Key voyages include Queen Anne's 56-night South America Discovery trip, Queen Mary 2's Transatlantic Crossings, Queen Victoria's 109-night World Voyage, and Queen Elizabeth's Caribbean program from Miami. Early booking benefits are available for guests who book between October 16, 2024, and March 27, 2025, including on-board credits and additional perks for longer voyages.
Cunard has announced a six-week residency of the renowned Cuban ballet company Acosta Danza aboard Queen Victoria from May 26 to July 7, 2025. The company, founded by Carlos Acosta, will perform two exclusive shows and offer workshops and panel discussions. Guests can also watch the biographical film 'Yuli: The Carlos Acosta Story'.
The summer sailings will include port calls to destinations in Greece, Croatia, and Spain. Prices start from $4,538 per person for a 14-night Italy and Adriatic voyage. This collaboration aligns with Cunard's history of partnering with major names in theatre entertainment, including West End and Broadway producer David Pugh bringing shows to the new ship Queen Anne.
Princess Cruises is adding Pantalones Organic Tequila, co-founded by Camila and Matthew McConaughey, to its "Love Line Premium Liquors" collection. The tequila, available in Blanco, Reposado, and Añejo expressions, will be served at bars across the fleet and included in Princess Plus and Premier packages. A mobile Pantalones Organic Margarita Cart will offer unique cocktails, with guests able to summon it using the OceanNow service.
The partnership introduces new cocktails like Pants on Fire, Sea Legs, Hot Pants, Fancy Pants Paloma, and 24K Gold Margarita. Pantalones' "pants-free" attitude will be showcased in onboard videos. This addition joins other celebrity-partnered liquors in the collection, including Sláinte Irish Whiskey by Liev Schreiber and Voli 305 Vodka by Pitbull.
Holland America Line is hosting a free Alaska Cruise and Travel Show in San Diego on November 9, 2024. The event aims to showcase Alaska cruise vacations and will feature:
- Chances to win $500 gift cards or an Alaska cruise for two
- Activities like gold panning and axe throwing
- Live presentations and demonstrations
- Opportunities to book cruises with special offers
- Information on shore excursions and onboard amenities
The expo will highlight Holland America Line's 2025 Alaska cruises, which include visits to iconic glacier destinations and Denali National Park. Attendees can learn about the company's extensive Alaska offerings and meet with local experts to plan their ideal Alaska vacation.
Princess Cruises has been recognized in the Condé Nast Traveler's 2024 Readers' Choice Awards, with its newest ship, Sun Princess, named #1 in Mega Cruise in the United States. The cruise line also ranked fifth in the Large Ship category. Over 575,000 readers participated in rating their travel experiences globally.
The 177,882-ton, 4,300-guest Sun Princess introduces an innovative ship platform with unique features like The Dome and the Sphere Atrium. It offers 30 restaurant and bar venues, including celebrity collaborations and high-end culinary experiences. The ship also boasts the Princess Arena, the most technologically advanced theater at sea, and the cruise line's largest casino.
Sun Princess recently completed its inaugural Mediterranean season and will debut in Ft. Lauderdale on October 8 for its first Caribbean season.
Carnival & plc reported record-setting third quarter 2024 results, outperforming guidance and raising full year 2024 outlook for the third time. Key highlights include:
- Net income of $1.7 billion, up over 60% from 2023
- Record revenues of $7.9 billion, up $1.0 billion year-over-year
- Record operating income of $2.2 billion, exceeding 2023 by $554 million
- Raised full year 2024 adjusted EBITDA guidance to approximately $6.0 billion, up over 40% from 2023
- Strong demand driving record advanced bookings for 2025 with higher prices
The company reported robust booking volumes for 2025 sailings at higher prices, positioning it well for continued growth. Carnival also improved its leverage metrics and balance sheet, with expectations to approach a 4.5x net debt to adjusted EBITDA ratio for 2024.
Princess Cruises celebrated a major construction milestone for its second Sphere-Class vessel, Star Princess, with a traditional maritime float out ceremony at the Fincantieri Shipyard in Monfalcone, Italy. The 4,300-guest, 178,000-ton ship, powered by liquefied natural gas (LNG), is set to debut in Fall 2025. John Padgett, Princess Cruises president, announced that Commodore Nick Nash and Captain Gennaro Arma will serve as masters of Star Princess.
The company also revealed additional senior officers for the ship, including Chief Engineers Gaetano Guida and Massimiliano Imperiale, Staff Captains Chris King and Michele Russo, and Hotel General Managers Ralph D'Souza and Bosco Pires. Star Princess will feature innovative designs like The Dome, The Sphere, and The Arena, similar to its sister ship Sun Princess. Voyages for Star Princess's inaugural season are now on sale.
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