Carnival Corporation Reports Cruise Bookings are Surging

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    Greensea Systems
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    By Jonathan Levin and Molly Smith (Bloomberg) —

    Carnival Corp.’s bookings are accelerating, reflecting pent-up demand for cruising even as the industry remains essentially on hold.

    In a quarterly update Wednesday, the company said booking volumes in the first quarter of 2021 were about 90% higher than in the fourth quarter of 2020. Cumulative advanced bookings for next year are ahead of 2019, which was already a particularly strong year.

    “The company highlights this level of bookings was achieved with minimal advertising and marketing,” Chief Executive Officer Arnold Donald said in the release.

    Read more by visiting gCaptain.

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