Carnival Expects Strong Cruise Demand Into 2026 -- Market Talk

Dow Jones
2025/06/25

1223 ET - Carnival surpassed expectations in its latest quarter, boosted by what CEO Josh Weinstein says was very strong demand for trips and broad-based improvements in onboard spending. These trends are expected to float into 2026, positioning the cruise operator for another successful year. Carnival's book position is in-line with last year's levels and at historically high prices, Weinstein says on a call with analysts. "Our elongated advanced booking window and limited capacity growth give us flexibility to patiently take price, and our sharpened yield management tools are helping us optimize our performance in the current environment," he adds. Carnival climbs 7% following a better-than-expected F2Q. (connor.hart@wsj.com)

(END) Dow Jones Newswires

June 24, 2025 12:23 ET (16:23 GMT)

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