Carnival CEO: Cruise Demand Strong, Not Pent-Up

Carnival CEO Josh Weinstein emphasizes that the company`s record revenue and bookings reflect not just pent-up demand, but also increased interest in cruises and improved pricing strategies. He highlights the growth in both new and repeat customers, attributing it to the strength of their consumer base. The cruise industry overall is experiencing a strong rebound, with passenger numbers expected to surpass pre-pandemic levels. Carnival, which owns multiple cruise lines, is well-positioned to capitalize on this growth, maintaining a significant presence in the Australian market.