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Malaysian Reserve
20-07-2025
- Entertainment
- Malaysian Reserve
CARNIVAL CRUISE LINE OPENS $600M CELEBRATION KEY, ITS SPECTACULAR NEW EXCLUSIVE DESTINATION
Carnival Vista Makes First Official Visit with Nearly 5,000 Guests CELEBRATION KEY, The Bahamas, July 20, 2025 /PRNewswire/ — Carnival Cruise Line officially unlocked paradise as it opened Celebration Key – the cruise line's beautiful new exclusive destination on Grand Bahama this weekend. Carnival Vista made the first official visit to the world's newest premier cruise port on Saturday, and nearly 5,000 guests experienced all the fun of Celebration Key: from the unique Suncastle, the world's tallest sandcastle, the world's largest swing and swim-up bar and the Caribbean's largest freshwater lagoons. Highlights from the special day can be seen here. Carnival Cruise Line President Christine Duffy, Carnival Corporation CEO Josh Weinstein, Chief Fun Officer Shaquille O'Neal and Carnival Vista Captain Paolo Severini turned the key that 'unlocked' the gates to the iconic 10-story Suncastle, home to two thrilling racing waterslides. They also cut the ribbon to open Lokono Cove, the shopping village; and O'Neal made the first shot at the basketball court; followed by a champagne toast at Pearl Cove Beach Club, an adults-only retreat. The ceremony was livestreamed and can be watched here. 'Opening this new exclusive destination marks an extraordinary milestone for Carnival as we open the first phase of our initial $600M investment, with more to come. Celebration Key is more than just a beautiful place; it's a celebration of the Bahamian paradise our guests love, complemented by an impressive variety of incredible new experiences and offerings,' said Duffy. 'We've built the ultimate beach day for our guests whether they crave fun in the sun or relaxation under a palm tree.' There are five areas to explore, including: Paradise Plaza – The central location where guests are welcomed inside Celebration Key with live music. Starfish Lagoon – A fun-filled area for families that features one of the two largest freshwater lagoons in the Caribbean, with 275,000 square feet. Families will also enjoy a splash pad with a shallow pool, sports courts and the Suncastle's body slides that wind through 350 feet of turns and sudden drops. The beach in this area is lined with loungers and cabanas for those looking to relax, and guests can also enjoy casual dining at Captain's Galley Food Hall, Gill's Grill Seafood, Snack Shacks, and drinks at the Parrotfish Swim-Up Bar. Calypso Lagoon – This adult-friendly area features an equally large, 275,000-square-foot lagoon as well as a dedicated area for adults only, a DJ Island, where guests can enjoy music and drinks at the world's largest swim-up bar with 166 in-water seats. Nearby is the Sunshine Swings Bar with nearly 50 swings offering a fun spot to enjoy cocktails while staying cool. Other dining and drink options include Surf N' Sauce BBQ & Brew, Calypso Food Trucks and Snack Shacks. Pearl Cove Beach Club – The largest adults-only retreat at any cruise destination, this private club features an 11,000-square-foot infinity pool overlooking a white sand beach, alongside loungers, cabanas and supervillas. Guests will also find elevated dining and beverage options at Pearl Cove Restaurant and the Pearl Cove Bar as well as a separate swim-up bar. Lokono Cove – The island's retail village offers unique shopping and showcases authentic Bahamian culture through vibrant murals and local art, as well as handmade goods. Guests will find more than 30 food and beverage venues across the destination, offering something for everyone, and will be treated to a variety of live entertainment that includes Junkanoo parades, roaming rake-and-scrape musicians, DJs and all-day beach games. For private relaxation, a wide variety of cabanas, daybeds and villas are available and sports courts, water activities and shore excursions are available to those seeking action and adventure. Guests simply looking for a perfect beach day will enjoy over one mile of pristine, white sand beach overlooking the beautiful Bahamian waters. Celebration Key will initially bring more than two million guests a year to Grand Bahama. By 2028, this number is expected to grow to four million. The economic impact for Grand Bahama is substantial, with hundreds of long-term jobs created by daily operations. The destination features an adjacent cruise pier capable of accommodating two of Carnival's largest ships simultaneously. Already, construction on an extension to the pier is underway to accommodate two additional ships. For additional information on Carnival Cruise Line and to book a cruise vacation, call 1-800-CARNIVAL, visit or contact your favorite travel advisor or online travel site.
Associated Press
20-07-2025
- Entertainment
- Associated Press
CARNIVAL CRUISE LINE OPENS $600M CELEBRATION KEY, ITS SPECTACULAR NEW EXCLUSIVE DESTINATION
Carnival Vista Makes First Official Visit with Nearly 5,000 Guests CELEBRATION KEY, The Bahamas, July 20, 2025 /PRNewswire/ -- Carnival Cruise Line officially unlocked paradise as it opened Celebration Key – the cruise line's beautiful new exclusive destination on Grand Bahama this weekend. Carnival Vista made the first official visit to the world's newest premier cruise port on Saturday, and nearly 5,000 guests experienced all the fun of Celebration Key: from the unique Suncastle, the world's tallest sandcastle, the world's largest swing and swim-up bar and the Caribbean's largest freshwater lagoons. Highlights from the special day can be seen here. Carnival Cruise Line President Christine Duffy, Carnival Corporation CEO Josh Weinstein, Chief Fun Officer Shaquille O'Neal and Carnival Vista Captain Paolo Severini turned the key that 'unlocked' the gates to the iconic 10-story Suncastle, home to two thrilling racing waterslides. They also cut the ribbon to open Lokono Cove, the shopping village; and O'Neal made the first shot at the basketball court; followed by a champagne toast at Pearl Cove Beach Club, an adults-only retreat. The ceremony was livestreamed and can be watched here. 'Opening this new exclusive destination marks an extraordinary milestone for Carnival as we open the first phase of our initial $600M investment, with more to come. Celebration Key is more than just a beautiful place; it's a celebration of the Bahamian paradise our guests love, complemented by an impressive variety of incredible new experiences and offerings,' said Duffy. 'We've built the ultimate beach day for our guests whether they crave fun in the sun or relaxation under a palm tree.' There are five areas to explore, including: Guests will find more than 30 food and beverage venues across the destination, offering something for everyone, and will be treated to a variety of live entertainment that includes Junkanoo parades, roaming rake-and-scrape musicians, DJs and all-day beach games. For private relaxation, a wide variety of cabanas, daybeds and villas are available and sports courts, water activities and shore excursions are available to those seeking action and adventure. Guests simply looking for a perfect beach day will enjoy over one mile of pristine, white sand beach overlooking the beautiful Bahamian waters. Celebration Key will initially bring more than two million guests a year to Grand Bahama. By 2028, this number is expected to grow to four million. The economic impact for Grand Bahama is substantial, with hundreds of long-term jobs created by daily operations. The destination features an adjacent cruise pier capable of accommodating two of Carnival's largest ships simultaneously. Already, construction on an extension to the pier is underway to accommodate two additional ships. For additional information on Carnival Cruise Line and to book a cruise vacation, call 1-800-CARNIVAL, visit or contact your favorite travel advisor or online travel site. View original content to download multimedia: SOURCE Carnival Cruise Line
Yahoo
03-07-2025
- Business
- Yahoo
Why Carnival Stock Cruised Forward in June
Carnival reported better-than-expected quarterly growth and improvements to its balance sheet, lifting investor confidence. The cruise line operator has a strong base of customer deposits, indicating the potential for further strength in the quarters ahead. 10 stocks we like better than Carnival Corp. › Carnival (NYSE: CCL) reported smooth sailing in the second quarter, producing results that exceeded expectations and showing significant progress improving its balance sheet. Investors are climbing aboard, sending shares of the cruise line operator up 21.1% in June, according to data provided by S&P Global Market Intelligence. Investors weren't sure what to think about cruise line stocks heading into earnings season. Demand has held up well, but with economists focused on tariffs and uncertainty, there were no guarantees that vacationers would continue to book high-priced cruise adventures. But there was no sign of cruise fatigue in Carnival's results. The company grew revenue by 9.5% in the quarter and earnings per share by 218%, topping Wall Street expectations. Carnival also ended the quarter with $8.5 billion in customer deposits for future cruises, up 26% from $6.8 billion in the same three months a year ago. "Our strong results, booked position and outlook are a testament to the success of our ongoing strategy to deliver same-ship, high-margin revenue growth," CEO Josh Weinstein said in a statement. "We continue to set ourselves up well for 2026 and beyond, with so much more potential to take our margins, returns and results even higher over time." The strong results allowed Carnival to pay down some of the debt the company took on during the pandemic. Carnival prepaid some of its debt scheduled to mature in 2026 and refinanced additional borrowings at lower interest rates, cutting its interest expense and reducing its net debt to 3.7 times earnings before interest, taxes, depreciation, and amortization (EBITDA), down from 4.1 times EBITDA as of February. Travel stocks are cyclical, and if history is a guide, demand will weaken over time. If consumers increasingly feel pressed to pay their bills, then big-ticket expenses like vacations tend to be the first things to go, so the macroenvironment is worth watching. That said, Carnival provided no reason to worry a collapse is imminent. With strong demand trends, an improving balance sheet, and a stock that is still 44% below where it traded prior to the pandemic, it can be full steam ahead for Carnival from here. Before you buy stock in Carnival Corp., consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Carnival Corp. wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $722,181!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $968,402!* Now, it's worth noting Stock Advisor's total average return is 1,069% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Lou Whiteman has no position in any of the stocks mentioned. The Motley Fool recommends Carnival Corp. The Motley Fool has a disclosure policy. Why Carnival Stock Cruised Forward in June was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-06-2025
- Business
- Yahoo
Should You Buy Carnival Stock While It's Below $30?
Carnival reported another fantastic quarter, with Q2 revenue beating Wall Street estimates and a record level of customer deposits. Rising profits have given management the ability to pay down debt, leading to stronger credit quality. Shares continue to trade at a compelling valuation. 10 stocks we like better than Carnival Corp. › After being decimated by the COVID-19 pandemic, Carnival (NYSE: CCL) has been sailing smoothly. Demand has bounced back tremendously. This has helped drive shares 137% higher in the past three years (as of June 26). The business just reported another fantastic quarter. Revenue increased 9.5% year over year to $6.3 billion. Diluted earnings per share (EPS) skyrocketed 500% to $0.42. Both of these headline figures came in ahead of Wall Street expectations. It's easy to remain bullish on Carnival. Should you buy this cruise stock while it's below $30 per share? Carnival ended the latest fiscal quarter on May 31 with $8.5 billion in customer deposits, an all-time record. Occupancy and pricing are strong as well. The demand Carnival is seeing from customers is interesting because this isn't the case across the travel industry. Demand for hotels and airlines could be under pressure throughout the rest of 2025. Both Uber and Airbnb registered slower revenue growth in the first three months of 2025 than in the final quarter of 2024. This could signal tougher times ahead, as macroeconomic and geopolitical uncertainty lingers. There's clearly something about cruises that keeps drawing customers in. Affordability could be one factor. Compared to land-based travel alternatives, cruises are cheaper and give travelers more value. Zooming out, the industry is bringing in younger and first-time cruise travelers. That's an extremely encouraging sign, as it highlights an expanding opportunity set of potential customers. The leadership team raised full-year guidance across the board. Of note, they expect better net yields and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) than just three months ago. "We continue to set ourselves up well for 2026 and beyond, with so much more potential to take our margins, returns and results even higher over time," CEO Josh Weinstein said in the earnings press release. Carnival is positioning itself to keep capturing demand. Its Celebration Key private island destination will open in July, and an updated rewards program will be introduced in 2026. It's generally a smart move for investors to avoid owning businesses that have high levels of debt. As of May 31, Carnival carried $27.3 billion of long-term debt on the balance sheet. While that might be cause for concern at first glance, the company's financial situation continues to improve dramatically. This creates a positive setup for investors. Carnival's debt load is down from a peak of nearly $35.1 billion less than three years ago. In the latest fiscal quarter, its credit rating was upgraded by both S&P Global and Fitch. Carnival can pay down its debt because profits are surging. Net income jumped 514% in Q2, supported by operating expenses that were up just 2%. Carnival has now beaten Wall Street adjusted EPS estimates in 11 straight quarters. And the leadership team once again raised guidance, expecting 40% year-over-year adjusted net income growth. Carnival shares have crushed the market in recent years. They are up a whopping 46% in the last 11 weeks, but the valuation still doesn't look expensive. Shares trade at a price-to-earnings ratio of 13.9. That's a very compelling proposition. While it can be easy to focus only on the positive trends with Carnival, investors should be mindful of risks. One obvious factor that should always be on investors' minds is the broader economy. Should there be a severe recession, I wouldn't be surprised if consumers look to tighten up their purse strings. Even understanding this risk, Carnival is a smart buy, with its shares trading under $30. Before you buy stock in Carnival Corp., consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Carnival Corp. wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Airbnb, S&P Global, and Uber Technologies. The Motley Fool recommends Carnival Corp. The Motley Fool has a disclosure policy. Should You Buy Carnival Stock While It's Below $30? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-06-2025
- Business
- Yahoo
Carnival Cruises Past Market Expectations in Boon for Shares
The world's largest cruise company sailed well beyond Wall Street's expectations in its latest quarter. Carnival raised its full year profit guidance on Tuesday as bookings appeared to show travellers are unwilling to let tariffs get between them and Tampa and they won't allow geopolitics to close off their seaway to Greece. READ ALSO: What Does Mamdani's Primary Win Mean for New York Real Estate? and Shell Dismisses BP Takeover Talks as Mere 'Speculation' The choppy waters predicted for the cruise industry this year were based on the very real risks of trade wars and real wars, and all the economic disruption that one or both of those things would cause to travel demand. In late April, those worries seemed justified when Carnival competitor Norwegian Cruise Line missed Wall Street's profit and revenue estimates when it reported its first quarter results and warned of cracks in the consumer spending hull. Cue Carnival's results on Tuesday, which had investors smiling ear-to-eye like the sunkissed revelers on the deck of the 1,132-foot Jubilee as it pulls up to Cozumel. The company's second quarter revenue of $6.3 billion was up 9% year-over-year, and net income of $565 million, up from $92 million in the same period last year, was $185 million better than the guidance it issued in March. Customer deposits were at a record $8.5 billion in the quarter, 2026 prices are at record highs and bookings are level with last year's record pace. In a call with analysts, CEO Josh Weinstein offered some background on the good news: April showers, in this case, brought a flowering of May bookings. Weinstein said travelers were hesitant to book in April after President Donald Trump announced a round of planned global tariffs, but demand returned in the weeks that followed, suggesting consumers are inclined to leave staycations back in the pandemic years. Carnival shares rose 6.9% on Tuesday, and the industry leader's good news helped propel peers Norwegian up 4.3%, Royal Caribbean up 2.5%, and Viking up 3.4%. In the last year, Carnival shares have risen 56% thanks to strong consumer demand, and continued resilience coupled with a deescalation in the Middle East, which threatened to drive up fuel prices, buttressed its appeal on Wall Street. Wait and See: Weinstein said the Middle East conflict hasn't impacted Carnival, but told analysts not to read too much into that yet: 'While it has not yet had any discernible impact on our business, this is all unfolding too quickly in real time to try to project how it could impact our future business.' What could dent cruise industry revenues could be a new, much less heated geopolitical trend: port taxes. In recent months Alaska, Hawaii, Norway, and Mexico have all introduced levies on cruise ships or passengers, with cruise ship industry lobbies filing lawsuits in multiple jurisdictions in attempts to block them. This post first appeared on The Daily Upside. To receive delivering razor sharp analysis and perspective on all things finance, economics, and markets, subscribe to our free The Daily Upside newsletter. Sign in to access your portfolio
