Bloomberg Talks
Carnival CEO Josh Weinstein Talks Earnings, 2025 Travel Outlook
Dec 21, 2024
Josh Weinstein, the President and CEO of Carnival Corporation, shares insights into the cruise industry's booming demand and optimistic outlook for 2025. With a significant rise in bookings and ticket prices, Weinstein highlights the value that cruises offer compared to traditional vacations. He discusses the increasing interest among first-time cruisers and the company's strategic investments in new destinations like Celebration Key. Weinstein also evaluates the resilience of the industry amid economic shifts, pointing to a bright future for cruising.
11:18
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Quick takeaways
- Carnival's growth reflects a significant increase in cruise demand, with over 10% more new customers in 2024 compared to the previous year.
- The company's strategic focus on enhancing customer experiences and expanding offerings, like private island destinations, aims to attract a broader audience.
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