Weinstein: More Carnival Cruise Line Capacity Generating Outsized Returns

Posted on 29 June, 2023 by Spacejunkie2

Moving two former Costa Cruises ships originally built for sailing Asia to the Carnival Cruise Line brand in North America has been an instant success, said John Weinstein, CEO of Carnival Corporation, speaking on the company’s second-quarter earnings call.

Weinstein said that Carnival Cruise Line will amount to about a third of Carnival Corporation capacity in 2023 and 2024, compared to approximately 25 per cent pre-pandemic.

The Venezia debuted in New York earlier in June and is the first of two ships that will operate under the ‘Fun Italian Style’ branding, with the Firenze set to join the fleet next year, sailing from Long Beach.

“These transfers are part of our portfolio management strategy, which is contributing to Carnival Cruise Lines’s capacity, growing 22 per cent more than pre-pause expectations. And Costa’s capacity is reduced by 36 per cent, compared to pre-pause expectations,” Weinstein explained.

“The added capacity to Carnival Cruise Line will not only generate outsized returns for the company but rightsizing the Costa brand is also having these desired effects of supporting its revenue profile confirmed by recent booking and pricing trends,” he said.

“We remain committed to our strategy of owning a portfolio of world-class brands, many of which are truly dedicated to specific markets and it’s clear the strength of this portfolio is now shifting into high gear.”

Photo: Antonio Silva

Carnival Pride Kicks Off European Season

Posted on 30 May, 2023 by Spacejunkie2

The Carnival Pride sailed on Sunday on her first sailing of the Europe summer season, sporting the signature Carnival red, white and blue hull design for the first time, after undergoing extensive enhancements that include bow-to-stern upgrades to enhance accessibility on the ship for guests with disabilities.

Carnival Cruise Line President Christine Duffy and Chief Culinary Officer Emeril Lagasse visited the ship in Barcelona before she set sail.

“I’m so proud of our team. They have done amazing work refreshing and enhancing Carnival Pride just in time for her Europe sailings,” said Christine Duffy, president of Carnival Cruise Line. “We welcome everyone on Carnival ships, so we are happy we’ve completed the work to make the ship accessible to those with disabilities. I’m also delighted to see the addition of the Heroes Tribute bar since it has been popular with our guests and has resonated well with military service members and their families.”

The 2,680-guest Carnival Pride has been undergoing enhancements since April 28 and returned to service with several additional Carnival offerings and other improvements, including a new Heroes Tribute Bar, Chef’s Table, Dreams Studio, and Carnival Adventures Shop. In addition, the ship’s steakhouse has been refreshed and re-named Fahrenheit 555, the casino expanded and the spa rebranded to the Cloud 9 Spa and Fitness Center.

The first guests sailing Carnival Pride from Barcelona are embarking on an incredible 12-day sailing, with ports of call including Lisbon, Portugal; Le Havre (Paris), France; and Zeebrugge (Brussels), Belgium.

New Carnival Venezia Ready to Debut in Europe

Posted on 30 May, 2023 by Spacejunkie2

The new Carnival Venezia is ready for its big debut in Europe.

After being prepared at the Navantia shipyard in Cádiz, the 2019-built vessel is on its way to Southern Spain, where it will embark on its first commercial voyage on May 29.

A transatlantic crossing, the cruise precedes Venezia’s U.S. debut, which is scheduled for mid-June. Sailing from Barcelona to New York City, the 15-night repositioning voyage features visits to five ports in Spain, the UK, Portugal and Canada.

Upon arriving in New York on June 13, the Venezia is set to kick off a year-round program of cruises out of the Manhattan Cruise Terminal.

Extending through late 2024, the schedule includes four- to 15-night cruises to Bermuda, the Caribbean, the Bahamas, Canada and New England.

For the 2024-25 winter, the Carnival Venezia is set to debut in Florida offering a series of cruises to the Caribbean and the Bahamas departing from Port Canaveral.

The first ship in the company’s new “Carnival Fun Italian Style” brand, the Venezia is debuting a brand-new concept.

Initially built for Costa Cruises, the Vista-Class vessel was designed with public areas and facilities inspired by the Italian city of Venice.

Combining the ship’s existing features with Carnival’s signature product, the new concept offers Italian-themed activities and experiences, such as a different version of Guy’s Burger Joint – which will serve its classic burgers and new, especially-created options inspired by Italy.

During its recent drydock in Spain, the Venezia also received other signature features of Carnival Cruise Line, including the Carnival Waterworks aqua park, the Piano Bar 88 and the Fahrenheit 555 Steakhouse.

In 2024, a second ship is set to join the “Carnival Fun Italian Style Concept,” as the Florence-inspired Costa Firenze enters the fleet for a West Coast program.