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September 22, 2009

Book Now for the Best Cruise Deals!

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Carnival Corporation today reported better than expected earnings for the third quarter of 2009. They state it's attributed to rebounding prices and hinted that pricing will continue to bounce back.

The parent company of Carnival Cruises, Princess Cruises, Holland America Line, Costa Cruises, Cunard Line and The Yachts of Seabourn says it earned $1.1 billion on revenues of $4.1 billion during the quarter a year ago.

CEO Micky Arison states "Given the global economic environment earning more than $1 billion this quarter was quite an achievement and is a testament to the power of our global brands." He also states "Our net income for the quarter exceeded our previous guidance as a result of better than expected pricing on close-in bookings worldwide during the seasonally strong summer period."

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Late last year cruise lines began dropping prices in reaction to a sharp slowdown in bookings brough on by the economic crisis. The prices for many cruise itineraries remained unusually low through the winter and into spring. However, lately bookings have been bouncing back which has allowed cruise line to begin slowly raising the rates.

Carnival says booking volumes for the remained of 2009 and the first half of 2010 are 19% ahead of a year ago, this since June.

"While the environment for travel remains challenging . . . consumers are responding to the attractice pricing and product offerings our brands have in the marketplace, " states Arison. "We have begun to experience an extension in the booking window as consumers realize the best value by booking early."

I've included some of these great deals below. Call a travel agent to book a cruise vacation now at #1-800-738-8837.

Carnival Valor - 7 Day Caribbean Cruise roundtrip Miami, FL October 18, 2009 From $309 US

BRAND NEW SHIP! Carnival Dream - 12 Day Mediterranean Cruise roundtrip Rome, Italy October 15, 2009 From $949 US

Island Princess - 10 Day Panama Canal Cruise roundtrip Fort Lauderdale, FL From $999 US

Pacific Princess - 10 Day Tahiti Cruise roundtrip Papeete, Tahiti From $699 US

View Alaska Cruise Specials
View Europe & Mediterranean Cruise Specials
View Mexico Cruise Specials
View Tahiti Cruise Specials
View South America Cruise Specials

Written by Denise Blackmore, MCC

Posted by Denise at September 22, 2009 11:45 AM
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