Skift Take
Carnival Cruise executives don't see the macroeconomic slowdown everybody is talking about.
Carnival Cruise executives had their conference call to discuss third-quarter results Friday, and Wall Street analysts kept asking about the risk of a consumer slowdown.
The answer was always the same: “We're trying to say it as plainly as we can. We just have not seen any sign of slowdown,” said Carnival Cruise CEO Joshua Weinstein. “The only slowdown we see is as we're running out of inventory, it has to slow down.”
Booking volumes? Up 20% from 2019. Occupancy? At 109%. Onboard consumer spending? "Strong," said CFO David Be