CEO Sees Carnival Corp as Cushioned Against Recession

Carnival Corporation CEO Josh Weinstein has told analysts that the company is prepared for a mild recession predicted for the second half of 2023, reports Seatrade Cruise News.

Weinstein stated that Carnival’s bookings for the next 12 months are unlikely to be affected by a slowdown. During a second quarter earnings call, Carnival also reported a new “all-time high” for future sailings and said its advance booked position for 2024 is above historical levels.

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