Sun Sentinel Palm Beach Edition
CARNIVAL
nine cruise brands are Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Cunard, Costa Cruises, AIDA Cruises, P&O Cruises (UK) and P&O Cruises (Australia). They join Fathom, a former cruise concept that now operates as the company’s immersion and enrichment experience travel brand.
Highlights of the second quarter included the delivery of the Majestic Princess, Princess’s new ship earmarked for the China market, and the addition of AIDAperla to the company’s German brand, AIDA.
Two additional Princess ships — Caribbean Princess and Royal Princess — were also outfitted with the company’s new Ocean Medallion guest enhancement platform. The wearable technology — effectively an interactive concierge service — will make its debut on Regal Princess when it sails this November from Port Everglades.
Looking ahead, cumulative fleet wide bookings for the next three quarters are running ahead of the prior year “at nicely higher prices,” said David Bernstein, Carnival Corp.’s chief financial officer.
“We are realizing sustained strength in booking trends across all core products,” including Caribbean and seasonal European cruises, Donald added.
The company, however, is seeing some softness in China, considered an “embryonic market” due likely to the travel ban prohibiting Chinese citizens from traveling to South Korea, he noted.
Carnival is expecting adjusted earnings per share for the third quarter 2017 to be in the range of $2.16 to $2.20, compared to $1.92 in the 2016 period.
In trading Thursday, the company’s stock finished down 74 cents or 1.1 percent to $65.69 on the New York Stock Exchange, just below a 52-week high of 67.30.