How Many Cruise Lines Are Owned By Carnival

Table Of Content

• Princess Cruises, P&O, P&O Australia & AIDA
• Are the days of rapid growth over?
• Company structure
• Effects of COVID-19 pandemic
• Amsterdam Confirms Plan to Halve River Cruises

Please view our advertising policy and product review methodology for more information. Like several of Carnival Corp.'s other brands, the line came under the umbrella in 2003 during the P&O Princess Cruises merger. On board, try a fencing class, learn flower arranging, or enjoy a full-service afternoon tea with real clotted cream served by white-gloved waiters.

Princess Cruises, P&O, P&O Australia & AIDA

Carnival Corporation also operates some of the world's biggest cruise brands based outside of North America, including U.K.-based P&O Cruises and Cunard; Italy-based Costa Cruises; Germany-based AIDA Cruises; and Australia-based P&O Cruises Australia. The new president and CEO of cruise giant Carnival Corporation — he takes the reins today — is confronting a business that has been turned upside down by the COVID-19 pandemic. Once enormously profitable, the parent company of nine cruise brands has been hemorrhaging money for two straight years. Now that we understand the significance of Carnival Corporation’s ownership of multiple cruise lines, let’s delve into the list of cruise lines that fall under the Carnival Corporation umbrella.

Are the days of rapid growth over?

The company’s commitment to environmental sustainability further ensures that future generations can continue to enjoy these breathtaking destinations. The Carnival cruise ships primarily sail to the Bahamas and the Caribbean from several ports in the eastern and southern United States, but Carnival also cruises the Mexican Riviera, Alaska, Hawaii, and New England/Atlantic Canada. In the short term, of course, Weinstein will need to navigate the company through some major financial hurdles. In 1992, Carnival Corp. acquired a 25% stake in Seabourn before purchasing the entire brand outright in 2001. The luxury cruise line, which includes things like alcohol, Wi-Fi and gratuities in its fares, sails a fleet of lovely ships with a focus on high-end furnishings and next-level service. Founded in 1972 by Ted Arison, Carnival Cruise Line started out with just one secondhand ship, Mardi Gras.

Carnival CEO shares some news that'll annoy cruisers - TheStreet

Carnival CEO shares some news that'll annoy cruisers.

Posted: Tue, 03 Oct 2023 07:00:00 GMT [source]

Company structure

That will increase to 28 when a fourth Excel class ship arrives from the Meyer Werft shipyard in 2027. Established in 1972, the company targeted a younger cruising market looking for a fun vibe, something that the line is still known for today. The first ship was Mardi Gras, launched in 1972 as well, and recreated today in Carnival Cruise Line’s new Mardi Gras ship. Carnival Cruise Line continued to expand its fleet throughout the 1970s and 1980s, until, it was decided the company should go public on Wall Street, in 1987.

The big news for Carnival Cruise Line for 2025 will be the July opening of Celebration Key. Eighteen ships sailing from 10 different homeports will be calling at Carnival’s new destination in the Bahamas, Fred Stein, vice president of planning and deployment, told Cruise Industry News. Each of these cruise lines owned by Carnival Corporation provides a unique experience and distinct offerings, ensuring that there is a perfect cruise for every traveler’s preferences and desires.

Effects of COVID-19 pandemic

The question may seem extreme, given the way Carnival Corporation's brands have begun bouncing back. As a result, the line appeals to a variety of passengers of all ages, including couples hoping to share a romantic vacation. Carnival Corp. took full ownership of Italian line Costa Cruises in 2000 after originally obtaining just 50% in 1997. The brand largely serves the Italian cruise demographic in the Mediterranean. In 2022, following the COVID-19 pandemic shutdown, Carnival Corp. transferred some of Costa's ships to Carnival Cruise Line, touting "Fun Italian Style" and offering North Americans a taste of what Costa has to offer.

Worse, they may end up in a situation where they feel compelled to drink – and that’s never a good thing. The thought of having to imbibe up to 15 beverages per day seems an unattainable goal for me, even though I do have a fondness for cold beers, pool drinks and wine with dinner when I am at sea. For planning itineraries, Stein said the cruise line has a very high prioritization on reducing its carbon footprint, which can be achieved by sailing shorter distances or at lower speeds. “The easier they can make the transit in and out of the port also helps and the business dealings between us and the port in terms of booking berth space. “And they need to continue to evolve their infrastructure as the ships get larger.

Indeed, if anything, the Carnival Corporation brands under his watch will become more distinct. There's a lot to do on the financial front to right the ship that is Carnival Corporation in the coming years. But the company will win or lose in the long term by how well it delivers wonderful vacations, he suggests.

All three of these first Carnival cruise ships left the Carnival fleet between 2001 and 2009. From that point on, the line would continue to custom-build Carnival’s cruise ships, which gradually increased in size. Carnival Cruise Line pioneered the concept of shorter, budget-friendly cruises with their cruise ships. Its fleet consists of "Fun Ships" that feature a wide array of entertainment and dining venues, most of which are included in the already-affordable cruise fares.

Carnival created an initial public offering containing 20% of common stock to the New York Stock Exchange in 1987. This strategic move allowed it to generate $400 million in capital, later using this money to finance further acquisitions. But while the above cruise lines are those that Carnival owns currently, the corporation has put aside a good bit of money toward acquiring other cruise lines over its history as well, cruise lines that it didn’t hold on to for good. Another quick acquisition during Carnival Corporation’s early days, Costa Cruises was acquired in 2000. However, much like Holland America, Costa boasts a rich history stretching back to the 1800s. A smaller line, Seabourn’s fleet currently only consists of five ships, with two ships under construction, Seabourn Venture and Seabourn Pursuit.

The Destiny-class platform continued to be used in various iterations all the way to the Carnival Splendor in 2008. The same year the veteran ship Festivale, the last of the original second-hand fleet, was retired. Even more curious is that this doesn’t happen to me on luxury lines where all beverages are already included in the price of your cruise.

The ownership of cruise lines by Carnival Corporation has solidified its position as the industry leader in the global cruise market. With a diverse portfolio of cruise brands catering to various travel preferences and demographics, Carnival Corporation offers an unparalleled selection of cruise experiences to travelers around the world. Holland America Line traces its origins to the founding of a shipping and passenger line called Netherlands-American Steamship Co. in 1873.