are reporting resilient demand from cooped-up consumers undeterred by elevated inflation as COVID-19 pandemic-related restrictions ease.
The Princess Cruises and Holland America Line operator said it experienced the highest-ever quarterly booking volumes during wave season in both North America and Europe for all future sailings for any quarter in its history. "That's not to say it's all plain sailing though, with fuel and currency headwinds still taking some wind out of its sails," Nathan added.
On-board and other revenue came in at $1.56 billion and accounted for 35% of the total Carnival revenue in the first quarter.
BIDENFLATION BIDENFLATION BIDENFLATION
And then the stock plummeted
We sure are glad that Carnival is doing so well, even when so many other businesses are struggling. Yay for them!
We're overjoyed to hear about Carnival's increased revenue, but we can't help but feel like we're the ones who will be paying for their larger-than-expected full-year losses. Thanks, inflation and rising fuel prices!
Fuel has been in a free fall. Sounds like bad management CarnivalCruise
The fact that cruise ships managed to bounce back after the pandemic is impressive in itself.
We couldn't be more thrilled that Carnival's profited from people's financial insecurity and having to pay more for their tickets! YayCorporations!