Expects to hit 2026 SEA Change EBITDA target one year early
MIAMI, Dec. 20, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced financial results for the fourth quarter and full year 2024 and provided an outlook for the first quarter and full year 2025.
Key Highlights
Full year revenues hit an all-time high of $25 billion, over 15 percent higher than the prior year, with continued strength in demand.Full year net income of $1.9 billion; adjusted net income1 of $1.9 billion outperforms September guidance by over $130 million.Record full year adjusted EBITDA1 of $6.1 billion, over 40 percent higher than the prior year.Record full year operating income of $3.6 billion, over 80 percent higher than the prior year.Adjusted return on invested capital1 ("ROIC") of 11 percent.Record fourth quarter revenues of $5.9 billion, 10 percent higher than prior year, delivering record adjusted EBITDA.Cumulative advanced booked position for full year 2025 is at an all-time high for both price (in constant currency) and occupancy.Adjusted EBITDA per available lower berth1 ("ALBD") for 2025 expected to be the highest in almost two decades, achieving 2026 SEA Change target one year in advance.Book with the 'Start Your Journey Sale' by Jan. 31 and also receive up to $400 per stateroom onboard spending credit
SEATTLE, Dec. 19, 2024 /PRNewswire/ -- Holland America Line is cruising into the annual wave booking season with the "Start Your Journey Sale". Starting Dec. 19, 2024, travelers can take advantage of the cruise line's wave offer and receive balcony upgrades, bonus amenities, reduced deposits and exceptional savings — with cruise fares starting at just $129 per person, per day.
Book with the 'Start Your Journey Sale' by Jan. 31 and also receive up to $400 per stateroom onboard spending credit
SEATTLE, Dec. 19, 2024 /CNW/ -- Holland America Line is cruising into the annual wave booking season with the "Start Your Journey Sale". Starting Dec. 19, 2024, travelers can take advantage of the cruise line's wave offer and receive balcony upgrades, bonus amenities, reduced deposits and exceptional savings — with cruise fares starting at just $129 per person, per day.
1-833-805-DINE Offers Round-the-Clock Access for Dining Reservations, Package Purchases and More
FT. LAUDERDALE, Fla., Dec. 17, 2024 /PRNewswire/ -- Princess Cruises has launched the Dine Line (1-833-805-DINE), a new 24/7 service designed to make access to dining reservations aboard the Love Boat more convenient than ever.
Available around the clock, the Dine Line lets guests make or adjust dining reservations for traditional, specialty, and experiential options across the entire Princess fleet, including 360: An Extraordinary Experience aboard Discovery Princess and Enchanted Princess; as well as Love by Britto and Spellbound by Magic Castle available on Sun Princess and Star Princess. Whether dining as a couple or coordinating for groups of 8 to 50, the Dine Line accommodates every need.
Sale Runs Through February 28, 2025
FT. LAUDERDALE, Fla., Dec. 16, 2024 /PRNewswire/ -- Princess Cruises, the most iconic cruise brand in the world, today unveiled its Come Aboard Sale, offering fantastic savings on cruises across the globe. Now is the perfect time to plan a dream vacation with up to 40% off cruise fares, free room upgrades, $99 deposits, and free sailings for 3rd and 4th guests in the same stateroom.
SEATTLE, Dec. 16, 2024 /PRNewswire/ -- Seabourn, the leader in ultra-luxury cruising and expedition travel, celebrates a record-breaking year after receiving 45 top travel industry awards and accolades from major consumer and travel publications in 2024.
The awards honored many aspects of the Seabourn travel experience, including its ultra-luxury and expedition offerings, service, suites, culinary, entertainment and more. The accolades also recognized the overall Seabourn experience, such as best luxury line, best expedition cruise line and best expedition ship. Recognitions came from readers' polls, discerning travel critics and editors, and expert travel partners who stay up to date with every new development in the travel industry.
Princess Earns Top Awards for Alaska, Dining and Premium Cruising
FT. LAUDERDALE, Fla., Dec. 13, 2024 /PRNewswire/ -- After a banner year introducing enthusiastic cruisers to the new Sun Princess, the next-level Love Boat named Condé Nast Traveler's Mega Ship of the Year, Princess Cruises continues to sail off with top honors from some of the most respected travel industry organizations worldwide.
MIAMI, Dec. 11, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has scheduled a conference call with analysts for Friday, December 20, 2024, at 10 a.m. (EST); 3 p.m. (GMT) to discuss the company's fourth quarter financial results which are expected to be released that morning.
A simulcast of the call will be available via the company's websites at www.carnivalcorp.com and www.carnivalplc.com.
About Carnival Corporation & plc Carnival Corporation & plc is the largest global cruise company, and among the largest leisure travel companies, with a portfolio of world-class cruise lines – AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises (Australia), P&O Cruises (UK), Princess Cruises, and Seabourn.
Improvements to Provide Opportunities for More Guests to Visit Breathtaking Destination
MIAMI, Dec. 10, 2024 /PRNewswire/ -- Half Moon Cay, the highly-rated and award-winning exclusive destination known for beautiful beaches and crystal-clear waters in The Bahamas, is being renamed RelaxAway, Half Moon Cay in support of its enhancements and the experience guests can expect as they are immersed in this tropical paradise. The announcement was made today jointly by Holland America Line and Carnival Cruise Line.
Overwhelming Response Included 66% Surge in Demand for 2026 Sailings
FT. LAUDERDALE, Fla., Dec. 9, 2024 /PRNewswire/ -- Princess Cruises, the world's most iconic cruise line, today announced record-breaking bookings over the 4-day period covering the Black Friday through Cyber Monday period, fueled by strong demand for upcoming sailings in 2025 and beyond. The unprecedented performance saw bookings increase 32% over the same period in 2023.
The Love Boat Now Sailing from Central Florida to the Pristine Beaches of the Caribbean, Through April 2025
PORT CANAVERAL, Fla., Nov. 27, 2024 /PRNewswire/ -- Princess Cruises, famously known as "The Love Boat," celebrated the highly anticipated arrival of Caribbean Princess in Port Canaveral today, marking the launch of a new season of Caribbean cruises from this convenient Central Florida homeport. The ship set sail on a four-day Thanksgiving cruise to Turks & Caicos.
Non-Alcoholic Wine Option Available Across Princess Fleet and Offers Refreshing Taste and Sophistication, Perfect for Any Occasion
FT. LAUDERDALE, Fla., Nov. 26, 2024 /PRNewswire/ -- Princess Cruises is celebrating life's moments with a splash of pink, as the cruise line introduces music icon and entrepreneur Kylie Minogue's award-winning No Alcohol Sparkling Rosé to its exclusive "Love Line Premium Liquors" collection. This delightful, alcohol-free sparkling wine, with its vibrant notes of fresh strawberries, is the latest addition to the impressive lineup of celebrity fine wines and spirits.
Gus Antorcha named president of Princess Cruises; Beth Bodensteiner to lead Holland America Line; Mark Tamis joins as president of Seabourn
MIAMI, Nov. 25, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, today announced important moves within its global leadership team for Princess Cruises, Holland America Line and Seabourn.
Emmy-Winning Ted Lasso Actress and Musical Theater Veteran Brings Modern Edgeto the Storied Brand in New Ad Campaign
FT. LAUDERDALE, Fla., Nov. 22, 2024 /PRNewswire/ -- Princess Cruises is setting sail on a wave of nostalgia and star power with its new global advertising campaign, "Love Boat by Hannah," featuring Ted Lasso's Emmy-winning actress and musical theater sensation Hannah Waddingham. Bringing her powerhouse vocals and signature charm, Waddingham reintroduces audiences to one of TV's most recognizable theme songs: The Love Boat.
Sale starts a week before Black Friday; travelers can plan ahead for cruises through October 2026
SEATTLE, Nov. 21, 2024 /CNW/ -- Holland America Line is launching a Black Friday offer leading up to the biggest shopping day of the year. Running from Nov. 21 through Dec. 1, 2024, travelers can shop for their dream vacation and choose from over 800 cruises included in the sale departing through October 2026.
Sale starts a week before Black Friday; travelers can plan ahead for cruises through October 2026
SEATTLE, Nov. 21, 2024 /PRNewswire/ -- Holland America Line is launching a Black Friday offer leading up to the biggest shopping day of the year. Running from Nov. 21 through Dec. 1, 2024, travelers can shop for their dream vacation and choose from over 800 cruises included in the sale departing through October 2026.
Return of popular live food demos include recipes to be served later in the Dining Room for immersive culinary experience
SEATTLE, Nov. 19, 2024 /PRNewswire/ -- Holland America Line's renowned culinary program takes the stage onboard with new, cooking shows that spotlight regional culinary specialties and locally sourced seafood from the cruise line's Global Fresh Fish Program.
"We are thrilled to bring back a favorite tradition that is among our most popular enrichment activities."
Return of popular live food demos include recipes to be served later in the Dining Room for immersive culinary experience
SEATTLE, Nov. 19, 2024 /CNW/ -- Holland America Line's renowned culinary program takes the stage onboard with new, cooking shows that spotlight regional culinary specialties and locally sourced seafood from the cruise line's Global Fresh Fish Program.
"We are thrilled to bring back a favorite tradition that is among our most popular enrichment activities."
Next Level "Love Boat" from Princess Cruises Delivers Incredible Family Vacations
FT. LAUDERDALE, Fla., Nov. 18, 2024 /PRNewswire/ -- Sun Princess, the newest and next-level Love Boat from Princess Cruises, has been named a 2025 Good Housekeeping Family Travel Award Winner, an accolade reserved for exceptional family experiences. Coming on the heels of being named Condé Nast Traveler's Mega Ship of the Year, this recognition further establishes Sun Princess as a standout in the global cruise industry. The full award feature can be found on goodhousekeeping.com/familytravel2025.
Next Level "Love Boat" from Princess Cruises Delivers Incredible Family Vacations
FT. LAUDERDALE, Fla., Nov. 18, 2024 /CNW/ -- Sun Princess, the newest and next-level Love Boat from Princess Cruises, has been named a 2025 Good Housekeeping Family Travel Award Winner, an accolade reserved for exceptional family experiences. Coming on the heels of being named Condé Nast Traveler's Mega Ship of the Year, this recognition further establishes Sun Princess as a standout in the global cruise industry. The full award feature can be found on goodhousekeeping.com/familytravel2025.
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