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.
P&O Cruises has outlined its phased restart plan for 2021 and early 2022, with ships like Britannia and Iona commencing Mediterranean and Atlantic coast itineraries starting September 25. The winter season will see Britannia and Azura operating in the Caribbean. A revised vaccination policy mandates all guests aged 18 and over to be fully vaccinated before sailing. Future Cruise Credits will be issued for cancelled cruises, worth 125% of deposits. P&O aims to respond to evolving travel regulations positively, with hopes for open borders in key destinations like Spain and the Caribbean.
Holland America Line is set to restart cruises from Port of San Diego beginning September 2021, offering a total of 40 cruises until April 2022. Two ships, Koningsdam and Zuiderdam, will sail to Mexico, Hawaii, and the California coast, with additional departures included. The company plans to operate four ships in the Caribbean starting October 2021. Vaccination is mandatory for guests, aligning with health protocols. Canceled cruises in Asia and South America will offer options for affected guests, ensuring flexibility.
Carnival Cruise Line has partnered with Guy's Flavortown Kitchen to offer home delivery of the popular "Straight Up" burger from Guy's Burger Joint for a limited time. The burger, priced at $11.99 with free delivery via select apps, is a fan favorite among cruise guests. Carnival aims to satisfy cravings during the hiatus in operations. The Guy's Burger Joint, available on all 24 Carnival ships, serves approximately eight million burgers annually. The newest ship, Mardi Gras, is set to debut on July 31, 2021.
Carnival Corporation & plc (CCL, CUK) has announced a conference call scheduled for June 24, 2021, at 10 a.m. EDT to provide a business update for the second quarter of 2021. Analysts can access the call via the company’s websites at www.carnivalcorp.com and www.carnivalplc.com.
Princess Cruises has announced its intent to resume operations in the U.S. this fall, with sailings from Los Angeles, San Francisco, and Ft. Lauderdale starting between September 25 and November 28, 2021. Eight MedallionClass ships will travel to destinations including the Caribbean, Panama Canal, and Hawaii. Guests must be fully vaccinated, and the company is implementing enhanced health protocols. Additionally, select cruises will be cancelled, and guests booked on these will have options for future cruise credits or refunds.
Cunard will resume operations on July 19, 2021, with Queen Elizabeth offering UK voyages from Southampton. Starting October 13, 2021, it will sail internationally, including trips to the Iberian coast and the Canary Islands. Queen Mary 2 will begin a Transatlantic Crossing on November 14, 2021, while Queen Victoria will launch new voyages from April 22, 2022. Unfortunately, Cunard has cancelled multiple voyages due to COVID-19 complexities, including Queen Elizabeth's Australian sailings. Affected guests will receive Future Cruise Credits or full refunds.
Seabourn has announced new "Extraordinary Expedition" itineraries for its ultra-luxury expedition ship, Seabourn Venture, focusing on Antarctica and the Amazon. Scheduled for fall 2022 through 2023, these itineraries include 15 distinct voyages lasting 10 to 21 days, with opportunities for extending trips up to 30 days. Passengers can explore remote locations such as South Georgia and the Falkland Islands, and enjoy wildlife viewing and cultural experiences. Josh Leibowitz, president of Seabourn, highlighted the unique design and luxury of the ship.
Holland America Line has announced the cancellation of summer 2021 European cruises for Nieuw Statendam and Volendam, affecting voyages from September through November. Guests impacted will automatically be transferred to the Eurodam Mediterranean cruise, with additional compensation offered. The Rotterdam will remain non-operational until September 26, 2021. Guests can opt for Future Cruise Credit worth 110% of paid amounts or full refunds. The company is under heightened scrutiny to adhere to health protocols amid COVID-19.
Princess Cruises has launched a new service called CrewCall, allowing guests to summon crew members to their exact location via stateroom TVs or the MedallionClass app. This innovative feature enhances the guest experience by reducing wait times and improving service responsiveness. Available on Majestic Princess in Alaska from July 25 and Regal Princess and Sky Princess starting July 31 in the UK, CrewCall integrates with the award-winning OceanMedallion technology, offering touchless services and personalized assistance.
Carnival Cruise Line announced its return to operations from Port of Galveston starting July 3 with Carnival Vista, followed by Carnival Breeze on July 15, 2021. These cruises will only accommodate guests who have received a CDC-approved COVID-19 vaccine at least 14 days prior to sailing. President Christine Duffy highlighted challenges with unvaccinated guests, particularly families with children. Additionally, Carnival Horizon from PortMiami is also set to restart, with updates on protocols expected soon. The company expressed gratitude for support from state officials in facilitating vaccinations for crew members.
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