Carnival summer profits up on stronger prices
Stronger prices achieved by late bookings for cruises this summer helped Carnival Corporation return better than expected third quarter results.
The cruise giant made a record profit after tax for the quarter of $1.38 billion, up by almost 12% on the same three month period ending August 31 last year.
The group’s European brands benefited from “strong improvements” in operating results, with increased revenue yields on a dollar basis due to stronger euro and sterling currancies, the parent company of P&O Cruises, Cunard Line, Ocean Village and Costa said.
Chairman and CEO Mickey Arison said: “Our earnings were up 12% driven largely by the successful introduction of new ships for both our North American and European brands in time for our peak summer season.
“Our North American brands enjoyed another strong European season, a solid Alaska season and a modest year on year improvement in revenue yields in the Caribbean. The recovery in the Caribbean has continued as the demand for Caribbean cruises remains strong.”
by Phil Davies
Phil Davies
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025