With its full fleet sailing as of May, Carnival Cruise Line is helping lead the comeback for Carnival Corporation.
The brand is expected to operate at 110 percent occupancy for the all-important summer season, according to Arnold Donald, president, and CEO of Carnival Corporation.
“Carnival Cruise Line, our largest brand, achieved consistently positive adjusted EBITDA beginning in March. Carnival Cruise Line also became our first brand to sail its entire fleet in May and is expecting occupancy to approach 110 percent during our third quarter,” he said.
Donald, on the company’s second-quarter and business update call, noted these “close-to-home” cruises, where guests perceive far less friction traveling than going abroad.
With a strong North American cruise market, Carnival is pivoting to add more capacity in the form of two redeployed Costa Cruises vessels under the Costa by Carnival umbrella. The Costa Venezia will sail from New York starting in 2023 while the Costa Firenze will homeport in California beginning in 2024.
