Carnival Lists Miami Headquarters for Sale; Looking to Downsize

Carnival Corporation has listed its headquarters in Miami for sale, after owning it for nearly three decades.

According to Bloomberg, the company is now looking to downsize to about 300,000 square feet of new office space in the Miami area in the next two years. 

Cruise Industry News understands many Carnival employees work fully remotely following the pandemic.

A spokesperson confirmed that the company is “exploring options for new office facilities,” according to the Bloomberg story. 

Located 15 miles from the Port of Miami, the 470,000 square feet Doral headquarters has served as Carnival’s base since it was acquired in 1983. The Miami space is being listed with commercial real estate broker Cushman & Wakefield Plc.

Regent Announces 2027 World Cruise with 71 Ports

Regent Seven Seas Cruises announced its 2027 World Cruise, sailing from January 11, 2027, onboard the Seven Seas Splendor, according to a press release.

Sailing from Miami, Florida to New York, the 2027 World of Splendor adventure travels to 71 ports of call in the Caribbean, the Pacific Islands, Australia and New Zealand, Asia, Africa and Europe. Guests will travel 35,668 nautical miles across three oceans, exploring 40 countries on six continents.

Also included are over 480 shore excursions and 14 overnight stays,  as well as a chance to visit 73 UNESCO World Heritage Sites.

Prices for the 140-night world tour start at $91,499 per guest for a Veranda Suite and up to $839,999 per guest for the Regent Suite.

“We have seen continued interest and demand to venture further afield and for longer durations and so we are thrilled to announce that our 2027 World Cruise will take place on board Seven Seas Splendor, offering more luxury travelers the opportunity to enjoy this once-in-a-lifetime experience,” said Andrea DeMarco, president of Regent Seven Seas Cruises.

“This will be the first time a World Cruise will sail on board one of our magnificent Explorer-Class ships, Seven Seas Splendor, which was launched in 2020 and offers the highest standards of unrivaled luxury, and features the one-of-a-kind, 4,443 square foot Regent Suite.”

In addition, for the first time, travelers can embark on this World Cruise in the most exclusive address residence at sea – the Regent Suite. The Regent Suite experience onboard is priced at $1.7 million dollars for two guests.

Carnival Cruise Line Orders Another Newbuild for 2028 Delivery

Carnival Corporation announced it has signed an agreement with Meyer Werft shipyard for a fifth Excel Class cruise ship for its Carnival Cruise Line brand, set to be delivered in 2028.

This announcement confirms the addition of the 11th Excel Class ship to the corporation’s fleet across four brands, with Carnival Cruise Line operating the fifth vessel. This follows a February announcement for a newbuild for Carnival with a 2027 delivery date.

“Carnival’s Excel-class fleet will soon be a quintet of these very popular ships that provide outstanding guest amenities and tremendous operating efficiencies,” said Christine Duffy, president of Carnival Cruise Line.

“Since the introduction of Mardi Gras in 2021 and the subsequent expansion with Carnival Celebration in 2022 and Carnival Jubilee in 2023, these Excel-class ships are driving excitement, demand, and strong guest satisfaction ratings. With the arrival of Carnival Firenze in April, we are completing the addition of five ships to our fleet in less than 20 months, and then we will pivot to another phase of growth with these two Excel ships.”

Like its sister ships, the new vessel will be powered by liquefied natural gas (LNG) and designed to carry over 6,400 guests and 1,800 crew.

“This new order continues to balance our commitment to growth with our responsible capital approach to utilize strong free cash flow over the next several years to strategically improve our balance sheet, significantly reduce our leverage levels and continue to transfer value from debt holders to shareholders,” said Josh Weinstein, CEO of Carnival Corporation.

“Carnival Cruise Line continues to perform at an outstanding level, and we are focused on adding capacity across the company where it aligns with demand and our position in the marketplace,” added Weinstein.

This measured capacity growth strategy will result in our adding one to two ships per year beginning in 2027, and we will be identifying additional fleet plans over the coming months for our cruise lines to meet capacity demand and improve execution across all aspects of our operation, with the benefit of yielding higher return on invested capital.”

“We are proud of the role the Excel Class from Meyer Werft and Meyer Turku has played in contributing to the success of Carnival Corporation for many years now. We look forward to continuing this success story together,” said Bernd Eikens, CEO of Meyer Group.