Seatrade Cruise News is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

c68d57b9a4f3d3f906540e3450792ecc_XL
Arnold Donald - 'Right now, we see no reason to change guidance'

Too soon to gauge Brussels impact, but CCL is holding its guidance

The impact of the Brussels terrorist acts on cruise bookings got surprisingly little play—just two questions—during Carnival Corp. & plc's first quarter earnings call.

'It's too early for us to know the impact,' Carnival president and ceo Arnold Donald said. Historically, such as after the Paris attacks, there was 'some impact on bookings' but that 'faded pretty quickly.'

So far, Carnival hasn't detected 'anything dramatic' as a result of Brussels.

'Right now, we see no reason to change guidance,' Donald said.

In fact, today Carnival lifted the midpoint of its full-year 2016 earnings guidance by a nickel per share on stronger bookings and pricing.

There have been some itinerary changes based on terrorist incidents. Particularly in the past year, lines have dropped Turkey, though a number of Carnival brands are still going there.

Carnival is continuously in touch with security experts and safety is the company's top priority, Donald said, but what's guiding these decisions is 'guests' desires to go to destinations.'

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish