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Bloomberg Talks
Carnival CEO Talks Cruises in 2024
Dec 29, 2023
Carnival CEO reflects on 2023 performance, positive booking trends for 2024, shift towards meaningful experiences in the cruise industry, impact of geopolitical landscape on global travel, and urgent need to book cruises before inventory runs out.
08:16
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Quick takeaways
- Carnival Corporation had a record-breaking year in 2023 and expects continued success in 2024, with high demand, bookings, and on-board spending.
- The current travel boom reflects a shift in consumer perspectives towards seeking meaningful experiences and unforgettable memories, which cruising offers.
Deep dives
Carnival Corporation's Successful 2023
Carnival Corporation experienced a record-breaking year in 2023 with high demand, yields, pricing, bookings, and on-board spending levels. The company expects even more success in 2024, as they are already two-thirds booked for the year. Despite concerns of a slowdown, Carnival has not seen any decline in consumer demand. They continue to see strong booking trends and reported more records during the Cyber Monday and Black Friday period.
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