Carnival CEO Says Booking Trends Are Normalizing -- Market Talk

Dow Jones06-24 01:57

1357 ET - Carnival CEO Josh Weinstein says booking trends appear to be normalizing, after extreme geopolitical volatility disrupted typical patterns during the recent quarter. The cruise line reports strong bookings for 2027 and beyond: "This strength has been broad-based and includes our European deployments next year, where bookings were up year-over-year in mid-teens percentages at higher prices," Weinstein says on a call with analysts. Booking trends were most disrupted across the Mediterranean region during the recent quarter, in areas closest to the Middle East. "As conditions continue to normalize, we expect to benefit from the strong underlying demand, pricing and operational improvements that remain embedded in our business," Weinstein adds. (connor.hart@wsj.com)

(END) Dow Jones Newswires

June 23, 2026 13:57 ET (17:57 GMT)

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