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Carnival Corp enters 2024 in record booked position despite fourth quarter loss

Cruise
Harry Kemble
21 December 2023

Carnival Corporation is entering the new year in the best booked position on record with “nearly two-thirds” of 2024 capacity sold at “considerably” higher prices. 

Josh Weinstein, Carnival UK boss

Chief executive Josh Weinstein said nearly two-thirds of the company's capacity for 2024 was 'already on the books' (Credit: Carnival Corp)

The cruising giant, which operates nine brands including P&O Cruises and Cunard, reported a record fourth quarter revenue of $5.4 billion and a full year revenue of $21.6 billion in its final quarterly results of 2023. 


Total customer deposits reached a fourth quarter record of $6.4 billion surpassing the previous record of $5.1 billion for the same three-month period. 


However, the company reported an adjusted net loss of $90 million for the fourth quarter, which was above the “better end” of the September guidance.