Carnival reservations are going very well

Carnival bookings are so high that room upgrades are nearly impossible to obtain.

CEO Josh Weinstein spoke about the situation at the cruise company's first quarter earnings conference.

“Customer deposits further surpassed last year's record by 1.3 billion dollars, contributing to our strong cash flow, and in addition to the 4 billion dollars already paid in advance last year, we have already been able to repay an additional 1.8 billion dollars of debt ahead of time this year.”

“This is a meaningful step forward in our return to investment-grade credit. Most importantly, we achieved a record high number of bookings at a very high price.”

In fact, this cruise companySetting reservation records in both North America and EuropeI did.

The same person”Prices rose by double digits due to limited inventory remaining in the second quarter” he added. ”The numbers were quite high during the summer peak in the third quarter, and while further increasing the occupancy advantage, they also recorded quite high numbers in the fourth quarter.」

Weinstein said the company is doing well for both new and returning customers.

“We're getting more new guests than ever before, and overall demand is increasing, combined with our growing base of returning customers. Our brand has achieved sustainable revenue growth that translates into revenue.” The same person stated.