Carnival Corporation Ltd.
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in mil. unless spec.Company Description
- CEO
- Josh Weinstein
- Full Time Employees
- 160,000
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- 3655 N.W. 87th Avenue Miami FL United States 33178-2428
- IPO Date
- Jul 24, 1987
- CIK
- 0000815097
- Website
- carnivalcorp.com
- Similar Companies
- Business
- Carnival Corporation & plc operates as the world's largest global cruise company and a leading leisure travel provider, offering cruise vacations through a portfolio of nine principal cruise line brands including AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises, Princess Cruises, and Seabourn; these brands collectively operate a fleet of over 90 ships serving diverse market segments from contemporary fun-focused vacations to premium and ultra-luxury experiences, visiting more than 800 ports and destinations worldwide across North America, Europe, Australia, Asia, and other international regions. The company also manages private island destinations such as Celebration Key and Half Moon Cay in the Bahamas, Princess Cays, and Amber Cove in the Dominican Republic; complementary tour operations including Holland America Princess Alaska Tours and White Pass and Yukon Route in Alaska; and sells cruises via travel agents, tour operators, vacation planners, websites, and onboard consultants. Founded in 1972 and headquartered in Doral, Florida, with Carnival plc operations based in Southampton, England, Carnival Corporation & plc maintains a dual-listed structure on the NYSE (CCL, CUK) and LSE. Carnival Corporation & plc's core offerings encompass a wide array of cruise itineraries, onboard amenities like gourmet dining, entertainment, enrichment programs, and spa services tailored to each brand's positioning; for instance, Carnival Cruise Line emphasizes affordable fun with ships such as Mardi Gras-class vessels, while Seabourn focuses on ultra-luxury all-suite accommodations and expedition cruising, and Cunard provides transatlantic voyages on iconic Queens ships. The company operates through segments including North America and Australia Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other, targeting leisure travelers with capacities serving approximately 13.5 million guests annually as reported in 2024. Recent developments include the June 2025 arrangement of a new $4.5 billion multi-currency revolving credit facility maturing in 2030 to enhance liquidity and support debt reduction; the April 2025 agreement with Fincantieri for two new LNG-capable cruise ships for AIDA Cruises with deliveries in 2030 and 2031; ship portfolio optimizations such as the 2024 transfer of Costa Firenze to Carnival Cruise Line and the absorption of P&O Cruises Australia into Carnival Cruise Line in 2025; advancements on Celebration Key with pier-side berth construction and floating docks at Grand Bahama Shipyard; a planned headquarters relocation to a new Miami-Dade County campus opening in 2028; and a June 2023 corporate restructuring into six independent brand units; additionally, the company reports record-setting first-quarter 2025 operating results and elevated ROIC levels, alongside ongoing fleet investments like newbuilds for Carnival including Carnival Festivale in 2027 and Project ACE ships through 2033.
Company News
Carnival (CCL) Stock Falls Amid Market Uptick: What Investors Need to Know
Cunard Unveils Its Best Sale of the Year with Up to 40% Off Select Voyages
Carnival and Royal Caribbean Climb 5%, Norwegian Cruise Line Rises 4% as Oil Prices Drop
Royal Princess Emerges from Drydock with New Sanctuary Collection
Cruise companies aim to keep fuel costs down. Their strategies for doing so differ
Why Is Carnival (CCL) Up 14.3% Since Last Earnings Report?
Norwegian Surges 11% as Earnings Beat Lifts Full-Year Outlook; Royal Caribbean Rises 3%, Carnival Edges Higher
Carnival (CCL) Outpaces Stock Market Gains: What You Should Know
Better Cruise Stock Buy: Carnival or a 50/50 Split of Royal Caribbean and Norwegian Cruise Line?
Princess Cruises Sets the Stage for Extraordinary Discovery Down Under in 2028-29
Royal Caribbean Surges 8% as Earnings Beat Lifts Full-Year Outlook; Norwegian Climbs 3%, Carnival Edges Higher
Carnival (CCL) Exceeds Market Returns: Some Facts to Consider
Carnival vs. Royal Caribbean: Which Cruise Line Stock Has an Edge Now?
Cruise Stocks Fall as Oil Price Hits Five-Month High: Norwegian Sinks 6%, Royal Caribbean and Carnival Drop 4%
CARNIVAL CORPORATION DECLARES DIVIDEND
PRINCESS CRUISES EXPANDS SANCTUARY COLLECTION
Holland America Line Celebrates 80 Years in Alaska with Heritage Tours Honoring Generations of Exploration
Cruise Stocks Rally While Energy Shares Slip: Norwegian, Royal Caribbean and Carnival Rise 3%
SEABOURN INTRODUCES A CULINARY PHILOSOPHY BRINGING DESTINATIONS TO LIFE THROUGH FOOD, FLAVOR AND DISCOVERY
SEABOURN INTRODUCES A CULINARY PHILOSOPHY BRINGING DESTINATIONS TO LIFE THROUGH FOOD, FLAVOR AND DISCOVERY