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 has announced it is extending its pause in cruise operations through April 30, 2021, due to the CDC's Framework for Conditional Sailing Order. This suspension includes all departures from key regions like Alaska, Mexican Riviera, Caribbean, and Mediterranean. Affected customers will be automatically offered Future Cruise Credits (FCC) of 125% for fully paid bookings or double the deposit for partially paid reservations. Refund options are also available. The company is actively preparing for the safe resumption of operations.
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has announced a conference call scheduled for January 11, 2021, at 10 a.m. EDT to provide a business update. The call aims to inform analysts about the company’s current status and future strategies amidst ongoing challenges in the cruise industry. The event will be accessible via the company's official websites: carnivalcorp.com and carnivalplc.com.
Costa Cruises, part of Carnival Corporation (NYSE/LSE: CCL; NYSE: CUK), has officially taken delivery of the Costa Firenze, a new ship from Fincantieri. This 135,500 gross tonnage vessel can accommodate over 5,200 guests and is part of an ambitious plan that includes seven new ships by 2023, with a total investment exceeding €6 billion. Costa Firenze, recognized for its sustainability with a Green Star 3 rating, will initially sail in the Mediterranean, offering itineraries starting February 28, 2021.
Carnival Cruise Line has officially taken delivery of its new ship, Mardi Gras, in a virtual ceremony at Meyer Turku Shipyard, Finland, on December 18, 2020. The ship, set for guest operations in April 2021, will be North America's most innovative vessel, powered by liquefied natural gas (LNG) and featuring the first roller coaster at sea. Mardi Gras will accommodate over 5,200 guests, with 2,600 staterooms and 180 suites. The inaugural voyage is scheduled for April 24, 2021, from Port Canaveral, Florida.
Holland America Line announces its innovative 'Buy One, Gift One' promotion, valid from Dec. 17, 2020 to Jan. 5, 2021. This unique offer allows cruisers to receive a free interior stateroom with the booking of a verandah or suite on select 2021 cruises. The promotion can provide up to $3,800 in added value, with the free stateroom valued at up to $5,600. It combines with the 'View & Verandah' offer, which includes various perks like free gratuities and discounts on excursions. Bookings apply to cruises through Dec. 18, 2021.
Seabourn announced updated itineraries for its 2021 Alaska and British Columbia season aboard the Seabourn Odyssey. The revised schedule features 18 seven-day voyages from Vancouver to Juneau, providing access to popular destinations and remote locations along the Inside Passage. The changes align with CDC guidelines for safe cruising amid COVID-19. New bookings will be available starting January 2, 2021, while some previous voyages have been canceled. Seabourn emphasizes a commitment to luxury travel and health protocols in response to the pandemic.
This holiday season, Holland America Line introduces gift cards for future cruise travel, applicable to 2021 and 2022 bookings. These cards can be purchased online, available as physical or digital options with festive designs. They can be used for cruise bookings and pre-cruise purchases, enhancing the travel experience. The latest promotion, starting December 10, 2020, offers perks like stateroom upgrades and discounted excursions. Holland America Line, a division of Carnival Corporation (CCL, CUK), has been a leader in premium cruising since 1873.
Holland America Line launches its 'View & Verandah' promotion for cruise bookings from Dec. 10, 2020, to Feb. 28, 2021, offering up to $3,800 in value per stateroom. The package includes a significant stateroom upgrade, Signature Beverage Package, free one-night specialty dining, 10% off shore excursions, and reduced deposits. Guests booking by Jan. 5, 2021, will receive additional free gratuities. The promotion encompasses a wide variety of destinations, with the line highlighting the importance of this Wave Season for travelers hoping to cruise in the next 18 months.
Princess Cruises has launched the Princess Promise, enhancing guest satisfaction by ensuring onboard service quality. The program promises remedies, such as onboard credits or refunds, for unmet service expectations. In addition, the Book with Confidence policy allows guests to change plans up to 30 days prior to departure without penalty, applicable for bookings until March 2, 2021, for sailings through October 31, 2021. The cruise line also offers Princess Vacation Protection for non-refundable fees and coverage for trip interruptions, reinforcing its commitment to customer service during uncertain times.
Cunard, part of Carnival Corporation (NYSE/LSE: CCL; NYSE: CUK), announced the extension of its operational pause due to ongoing global travel restrictions. Voyages on Queen Mary 2 and Queen Elizabeth are cancelled until May 28 and June 4, 2021, respectively, while Queen Victoria will resume on May 17, 2021. Guests with cancelled voyages will receive a 125% Future Cruise Credit, applicable for bookings until the end of December 2021. Cunard President Simon Palethorpe expressed regret over the cancellations, acknowledging guests' anticipation for future travel.
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