Jul 10

Carnival Sees Bookings Tick Up for 2021, but Continues to Burn Cash Until Then

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In a financial update to investors, Carnival Corporation–which owns Carnival Cruise Lines, Princess Cruises and Holland America–said incentives such as flexible booking and low cabin prices have led to an “encouraging” amount of bookings or rebookings for 2021. While the U.S. cruise industry has agreed to a no-sail order through September, investors are looking to…

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