Carnival Heads Into 2025 With Record Bookings at Higher Prices
Photo Credit: Aerial view of Holland America Line cruise ship Koningsdam on the Grand Canal in Venice, Italy. Carnival Corp
Skift Take
Carnival Corp. CEO Josh Weinstein is practically throwing confetti from the upper deck about 2025's prospects. For now, all the numbers and forecasts seem to support his optimism.
Carnival Corp. CEO Josh Weinstein just wrapped up a banner year of record-breaking financial performance.
"We delivered another stellar quarter to close out a phenomenal year," said CEO Josh Weinstein during an earnings call on Friday.
Now Weinstein's plotting an ambitious course for 2025 that includes the debut of a half-billion-dollar private island destination and sustained premium pricing — all while navigating headwinds from Mexican tax proposals to Red Sea itinerary disruptions.
The world's largest cruise operator said Friday it had notched records for revenue and net income this year. Revenue for the 12 months through November 30 reached $25 billion, up 15% year-over-year, while net income hit $1.9 billion.
Weinstein expects another banner year in 2025, thanks what are so far "record booking trends and record customer deposits," with earnings growth of about 20%.
The tailwinds are clear. Demand is surging, with record-hi
