by Cruise Market Watch | Feb 16, 2013 | Hot Topics, Marketing, Revenue, Stock
The “Pop Tart Cruise” on Carnival Splendor November 2010 was greeted with curiosity and had little impact to bookings or ticket prices. The Costa Concordia January 2012 incident was greeted with shock. Bookings and prices did drop and while they have since...
by Cruise Market Watch | Jan 14, 2012 | Cruise Market Community, Hot Topics
I’ve always been fond of the quotation “the law of flotation wasn’t discovered contemplating the sinking of things.” This has certainly held true for the cruise industry – growing the annual number of passengers carried nearly 5 times over the past 20 years. But...
by Cruise Market Watch | Jan 8, 2011 | Cruise Market Community
There are obvious costs to Carnival related to the recent fire aboard the Splendor; needed repairs as well as lost revenue from 4,500 passengers on each potential sailing (scheduled to resume sailings on February 20). Carnival has reported the loss to earnings at 7...
by Cruise Market Watch | Dec 21, 2010 | Stock
Following yesterday's upgrade to Overweight and a $51 price target, Carnival (CCL) released 4th quarter and year end earnings this morning delivering investors an early Christmas present. Earnings were in line with analyst expectations, overcoming some of the expected...