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Old March 29th, 2006, 12:51 PM
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Default Business Down - Carnival Bookings Soft

A good afternoon everyone:

The recent fire has given rise to analysis of the cruise business.

Recent articles in my Toronto papers stated that even before the fire, Carnival's advance bookings are significantly off the last years. This is one of the reasons the share price is down.

Interested, I called my cruise travel agent - she confirmed her bookings are down about 25% over the last couple of years (she really wanted to sell me a cruise - told her, no, bought a great new vehicle and there would be no cruises for a long while).

What do you folks know about the state of the business?

ABoatNerd
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Old March 29th, 2006, 02:03 PM
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Actually saw in my local news here in SC where Carnival's bookings were up, but was being offset by higher fuel cost
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Old March 30th, 2006, 08:39 AM
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I receive a quarterly report from Carnival Corp. Latest figures were that booking were UP.
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Old March 30th, 2006, 08:06 PM
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Does the Carnival Corp report break out reservations by line or just lump them all together? I wouldn't be surprised that overall reservations are up, since Europe and Alaska have been so incredibly popular (moreso than in recent years, IMHO), both this year and last, but what's been CCL's core business, the Caribbean, has been off because of it. Of course, even that doesn't make much sense because RCCL and Princess are the only other lines that haven't abandoned the Caribbean during the summer season.
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