Carnival's Outlook Seen as 'Sigh of Relief' For Cruise Industry -- Market Talk

Dow Jones03:25

1424 ET - Carnival's 4Q results and positive outlook are a "sigh of relief" for the cruise industry, according to Melius Research in a report. Carnival acknowledged oversupply in the Caribbean market, but its projections of yield growth bode well for cruise lines' ability to adapt, especially if they follow Carnival's example of disciplined revenue management. "The change from Carnival should drive confidence that when capacity swings (this is not an if) in certain markets the goal remains to maximize revenue, but with a crucial focus on maintaining price integrity," analysts Conor Cunningham and Patrick Coleman write, adding that overall demand in the travel industry is normalizing. Carnival climbs 9%. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

December 19, 2025 14:25 ET (19:25 GMT)

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