Increased bookings from last minute cruises and falling fuel costs combined to help cruise giant Carnival beat profit expectations.
The owner of the Carnival, Princess and Holland America cruise lines raised its profit outlook for the full year, sending its stock up yesterday nearly 5%, or $1.52, to $33.52. The shares have gained 38% this year. Execs said business was stabilizing after a year of troubles brought on by the recession and the swine flu. That's allowing the company to finally begin to raise deeply discounted fares for some destinations, they said. Also helping: Fuel costs fell nearly 40% from the year-ago quarter, Carnival said. In addition, the company said travelers were beginning to make reservations further in advance, in contrast to the last minute purchases that have been standard for months. Bookings for the rest of the year and through the first half of 2010 are up nearly 20%. Carnival is offering 4 night cruises as low
as $179.00 per person, with rates as low as $389.00 per person for a 7 day cruise. Carnival Cruise lines has a price guarantee for 2010 cruise bookings with cheap cruises for 2010 rates already to be sold in 2009 , it pays to "Plan ahead" , Carnival's new price guarantee is
offering Last minute cruise passengers and future carnival 2010 bookings onboard credit if you find a lower price anywhere else.
For more information go to : http:www.gocarnivalcruises.com
or call 1-800-327-8967 Ask for Last minute cruise agent LESLIE.
