Carnival Corp. executives told investors Wednesday that a tragic bridge collapse in Baltimore might cost the cruise line operator up to $10 million this year.
Carnival Corp. executives told investors Wednesday that a tragic bridge collapse in Baltimore might cost the cruise line operator up to $10 million this year.
Carnival Cruise executives had their conference call to discuss third-quarter results Friday, and Wall Street analysts kept asking about the risk of a consumer slowdown.
Carnival CEO Josh Weinstein said, during Wednesday’s earnings call for its fiscal fourth quarter that ended on November 30, some consumers are a bit weary about booking cruises with Covid and flu cases on the rise. But that didn’t dampen his optimism about 2023 with Carnival seeing a surge in bookings for the new year, after years of seeing its business being dogged by the pandemic with onboard outbreaks, deaths, and plenty of bad publicity.
Carnival’s CEO said Monday that the cruise operator would not return to China in the next three years despite the country reopening to international travel.
Good morning from Skift. It’s Tuesday, June 27. Here’s what you need to know about the business of travel today.
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