Carnival Cruises: Sailing to Success with Organic Demand and Strong Earnings
Carnival Corporation reported better-than-expected fourth-quarter results, with strong ongoing vacation booking trends and "record demand" persisting post-pandemic. CEO Josh Weinstein attributes this to increased advertising and onboard investments, driving "true organic demand" beyond pent-up post-COVID travel appetite. The company's world-class brand experience and delivery of memorable voyages are attracting first-time and loyal cruisers, resulting in historic volumes and pricing power.