Author Topic: Carnival 2019 bookings are up but at lower prices  (Read 1670 times)

Offline Host Mike

  • Administrator
  • Commodore
  • *****
  • Posts: 9452
  • Gender: Male
    • View Profile
    • Princess Only
Carnival 2019 bookings are up but at lower prices
« on: September 29, 2018, 07:18:09 PM »
"The world’s largest cruise company on Thursday reported revenue of $5.8 billion for the quarter that ended Aug. 31, up from $5.5 billion during the same time last year. Profit increased from $1.3 billion last year to $1.7 billion this year.

Since June, Carnival said in a release, booking volumes for early 2019 were “significantly higher” than the previous year, but at lower prices.

But commentary about bookings for the first half of 2019 sent Carnival shares down more than 4.8 percent to $63.74 near the end of the day."

https://skift.com/2018/09/27/caribbean-drag-persists-but-carnival-still-reports-record-earnings/