The cruise industry is seeing huge demand after years of Covid-19 restrictions, with the traditional "wave season" of discounts winding down. However, despite full sailing capacities and top cabins selling out, share bargains remain.
Social media personalities Dixie D'Amelio and Noah Beck at Disney California Adventure Park at the Disneyland Resort on May 2, 2021 in Anaheim, California.
Carnival forecasts lower quarterly profit as higher costs bite streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Q1 revenue of $1.82 bln tops est. of $1.75 bln Q1 adj. loss per share of 30 cents vs loss est. of 41
cents Expects Q2 adjusted EPS below estimates (Adds executive. | 07:35am
Royal Caribbean rides 'wave' to record bookings after smaller loss streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Norwegian Cruise bets on rich Americans to navigate downturn streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Carnival Corp on Friday forecast a loss in the fourth quarter after it reported results for the third quarter that fell well short of Wall Street estimates, as higher fuel prices and cheaper fares offset a rise in bookings.
Labor shortages, inflation, and threats of a recessionary are creating a perfect storm for the cruise industry. Analysts have cut their revenue estimates for cruise operators by 5%.