Core Insights - Princess Cruises celebrated National Margarita Day by breaking the GUINNESS WORLD RECORDS™ title for the Most Margaritas Sold in 8 Hours, selling 3,410 handcrafted 24K Margaritas, surpassing the previous record of 2,728 [1] - The event took place aboard the Regal Princess during a 7-day Western Caribbean cruise, marking the sale of over 1 million 24K Margaritas since the partnership with Pantalones Organic Tequila began in October 2024 [1] Group 1: Record Achievement - The record-setting event occurred on February 17, 2026, while the Regal Princess was docked in Cozumel [1] - The achievement was recognized by Thomas Bradford, an Official Adjudicator from Guinness World Records, highlighting the celebratory atmosphere on the ship [1] Group 2: Sales Milestone - From January 1, 2025, to January 7, 2026, Princess Cruises sold a total of 1,038,197 24K Margaritas, solidifying its status as the fleet's most popular signature cocktail [1] - The 24K Margarita is made exclusively with Pantalones Organic Blanco Tequila and has become a must-sip experience across the Princess fleet [1] Group 3: Partnership and Product Details - The collaboration with Pantalones Organic Tequila has been described as one of the most successful beverage partnerships in cruise line history [1] - Pantalones Organic Tequila is available in various expressions, including Blanco, Reposado, and Añejo, and is featured in a lineup of handcrafted cocktails created with Princess Mixologist Rob Floyd [1][2] Group 4: Celebrity Involvement - Co-founders Camila and Matthew McConaughey sent a congratulatory video message, celebrating the historic achievement and the spirit of joy associated with the brand [1] - The couple also participated in the recent christening of Princess' newest ship, Star Princess, further enhancing the brand's visibility and appeal [1]

Carnival Corporation & plc Announces Exchange Rate for Quarterly Dividend [Accessibility Statement] Skip NavigationDividend at an initial rate of $0.15 (U.S.) per share payable on February 27, 2026MIAMI, Feb. 18, 2026 /PRNewswire/ -- On December 19, 2025, [Carnival Corporation & plc](NYSE/LSE: CCL; NYSE: CUK) announced a quarterly cash dividend of $0.15 (U.S.) per share. The dividend is payable on February 27, 2026, to shareholders of record on February 13, 2026.Holders of Carnival Corporation common stock ...

Core Viewpoint - Princess Cruises has been awarded the Ospitalità Italiana Certification for Alfredo's Pizzeria aboard Sun Princess and Star Princess, recognizing its commitment to authentic Italian cuisine and hospitality [1][2]. Group 1: Certification and Recognition - The Ospitalità Italiana Certification is a prestigious global recognition awarded to establishments that uphold Italy's culinary heritage, reinforcing Princess Cruises as a destination for authentic Italian dining [2]. - This certification highlights Princess Cruises' dedication to using fresh ingredients and traditional culinary techniques, ensuring guests experience genuine Neapolitan-style pizza [2][4]. Group 2: Culinary Partnerships and Offerings - Princess Cruises celebrates its partnership with chef Tony Gemignani, a 13-time World Pizza Champion, who contributes his expertise to Alfredo's Pizzeria [3][4]. - Chef Gemignani has created five unique pizzas for Princess, featuring premium ingredients and innovative flavors, further enhancing the cruise line's reputation for offering the "Best Pizza at Sea" as recognized by USA Today [4]. Group 3: Company Overview - Princess Cruises is part of Carnival Corporation & plc and is known for delivering dream vacations with elite service and a variety of experiences across numerous sought-after destinations [5]. - The company operates a fleet of 17 ships, including the recently launched Star Princess, which has been recognized as the Condé Nast Traveler Mega Ship of the Year for two consecutive years [5].

Company Performance - Carnival Corporation & PLC (NYSE:CUK) experienced a share price increase of 8.60% on Thursday, closing at $30.94, driven by positive earnings from a competitor, Royal Caribbean Group, which may indicate overall industry performance [1] - The company announced a dividend distribution of 15 cents per share to common shareholders, payable on February 27, 2026, reflecting confidence in future performance [2][3] Industry Context - Royal Caribbean Group reported a 48% increase in attributable net income, reaching $4.27 billion for the full year 2025, with revenues of $17.9 billion, an 8.5% year-on-year growth, positively impacting the cruise industry [4] Corporate Strategy - Carnival Corporation & PLC plans to unify its two companies into one, with Carnival Corp. becoming the main entity and Carnival PLC as a wholly-owned subsidiary, aiming for a single stock for all shareholders [5][6] - The company seeks shareholder approval for this unification plan on April 17, 2026 [6]

Core Insights - Holland America Line has announced its 2027-2028 Legendary Voyages season, featuring immersive cruises that include the first Caribbean-based Legendary Voyage and unique itineraries such as the 28-Day Pan Am 100 Years Legendary Voyage and the 28-Day Solar Eclipse & Cosmic Port Explorer [1][3] Itinerary Highlights - The 47-Day Ultimate Mediterranean & Atlantic Passage will return, sailing roundtrip from New York and visiting 21 ports across 12 countries, providing guests with significant time ashore in culturally rich locations [2][4] - The 28-Day Pan Am 100th Anniversary Legendary Voyage will retrace historic Clipper routes across the Caribbean, Mexico, and Latin America, visiting 18 destinations and including themed programming that honors the golden age of travel [7] - The 28-Day Legendary Solar Eclipse & Cosmic Port Explorer will offer a rare opportunity to view a solar eclipse at sea while visiting 13 ports across Europe and North Africa, including overnight stays in key cities [7] Onboard Experience - Legendary Voyages will feature an elevated onboard experience with curated programming that enhances the cultural connection to the destinations visited, including themed parties, local performances, and creative workshops [8][12] - The cruises will also include premium touches such as commemorative gifts, a Captain's Gala Dinner, and religious services for guests wishing to worship at sea [12] Geographic Coverage - The collection of Legendary Voyages spans multiple regions including Alaska, Europe, the South Pacific, the Caribbean, South America, and the Amazon, with itineraries ranging from 28 to 47 days [3][13]

Company Overview - Carnival Corporation & plc operates as the largest global cruise company with a portfolio of eight cruise lines, including Carnival Cruise Line and Princess Cruises, and serves over 13.5 million guests annually[21]. - As of December 31, 2023, Carnival Corporation & plc has a passenger capacity of 263,300, which is projected to increase to 272,460 by 2025[33]. - The North America segment accounts for 64% of total passenger capacity, with Carnival Cruise Line alone representing 35%[35]. - In 2025, Carnival Corporation & plc carried a total of 13,627 thousand passengers, an increase from 13,509 thousand in 2024 and 12,460 thousand in 2023[53]. - The United States and Canada accounted for 8,092 thousand passengers in 2025, up from 7,938 thousand in 2024, while Continental Europe saw an increase to 2,754 thousand from 2,702 thousand[53]. - Carnival plc delivered extraordinary cruise vacations to over 13.5 million guests in 2025[220]. Corporate Structure and Governance - The company plans to unify its dual listed structure under Carnival Corporation, listed solely on the New York Stock Exchange, with a proposed legal incorporation shift to Bermuda, expected to be completed in Q2 2026[22][23]. - Carnival Corporation announced a proposed unification of its dual-listed company (DLC) structure under a single entity, Carnival Corporation, with a migration from Panama to Bermuda, which is expected to provide various benefits, although the realization of these benefits is uncertain[174]. - As of January 13, 2026, there were 2,164 holders of record of Carnival Corporation common stock and 27,361 holders of record of Carnival plc ordinary shares[197]. Financial Performance - The company aims to strengthen its balance sheet while delivering outsized shareholder returns, achieving strong profitability and a double-digit return on invested capital (ROIC)[30]. - The company did not pay or declare dividends for the year ended November 30, 2025, but reinstated a quarterly dividend of $0.15 per share, with a record date of February 13, 2026[198]. - Carnival Corporation's common stock price performance showed a value of $129 at the end of 2025, compared to $100 at the beginning of the period, indicating a 29% increase[207]. - In 2025, Carnival plc completed a $19 billion refinancing plan and reduced total debt by over $10 billion since January 2023[214]. - The company reinstated its dividend, reflecting confidence in cash generation and balance sheet improvements[214]. Operational Developments - Carnival Corporation & plc operates a portfolio of seven owned or operated ports and destinations, welcoming 7.4 million guests in 2025, up from 6.5 million in 2024[48]. - The newly launched Celebration Key, an exclusive cruise port destination, opened in July 2025 and will accommodate up to four cruise ships simultaneously after a pier extension in 2026[50]. - The company intends to enhance its exclusive destination RelaxAway, Half Moon Cay, with a new pier expected to open in summer 2026, allowing two cruise ships to dock[51]. - The company has seven cruise ships under contract for construction, with expected deliveries ranging from 2027 to 2033, including new builds for Carnival Cruise Line with capacities up to 6,160[39]. - Carnival plc is expanding return-generating ship enhancement initiatives and exclusive destination development programs[215]. Sustainability and Environmental Initiatives - Carnival Corporation & plc is committed to executing its sustainability roadmap, focusing on reducing fuel consumption and carbon footprint while enhancing community partnerships[29]. - The company aims for net zero emissions from ship operations by 2050, contingent on the development of alternative low GHG emission fuels and technologies that are not yet available at scale[144]. - In 2021, the company established sustainability goals for 2030, focusing on themes of People and Planet, with specific areas including Well-Being, Inclusion, Climate Action, and Biodiversity[143]. - The company achieved a 20% reduction in greenhouse gas emissions intensity ahead of its 2030 goal, compared to the 2019 baseline[218]. - Carnival plc's "Less Left Over" strategy reduced food waste by over 47%, nearing its 50% target for 2030[218]. Marketing and Demand Generation - Marketing and advertising programs were increased in 2025, aimed at driving demand and enhancing brand differentiation, with a focus on digital performance marketing[62]. - The company is focused on strengthening demand generation efforts to position itself for success in 2026 and beyond[216]. - The company is enhancing commercial strategies by leveraging AI to improve marketing effectiveness and drive efficiency gains[216]. Workforce and Labor Relations - The average number of employees in 2025 was 101,000 onboard ships, with an additional 16,000 shoreside employees, reflecting a robust workforce to support operations[70]. - Approximately 48% of shipboard employees and 21% of shoreside employees were represented by collective bargaining agreements, indicating strong labor relations[71]. - The company has invested in leadership development programs to foster career growth and retain top talent, ensuring a strong pipeline of experienced leaders[74]. Regulatory and Compliance Issues - The company is subject to various governmental regulations, including those addressing antitrust, data privacy, and sustainability reporting[141]. - The IMO has established a global 0.5% sulfur cap for marine fuel, with compliance options including Advanced Air Quality Systems[117]. - The IMO's 2023 Strategy aims for a 40% reduction in CO2 emissions intensity by 2030 compared to 2008 levels[121]. - The EU's Emissions Trading System (ETS) will require ships to procure emission allowances covering 40% of their 2024 emissions to be surrendered in 2025, increasing to 100% of annual emissions thereafter, with costs expected to rise from $91 million in 2025 to approximately $170 million in 2026[132]. - The FuelEU Maritime regulation, effective January 2025, mandates compliance with maximum limits of GHG intensity of energy used on board, with increasing stringency over time and financial penalties for non-compliance[133]. Risk Factors - Adverse weather conditions and natural disasters may significantly impact the company's operations, including potential itinerary changes and cancellations, affecting profitability[153]. - The company faces risks related to its sustainability objectives, which may not be achieved due to factors beyond its control, including the availability of low-emission energy sources and evolving regulatory requirements[154]. - Cybersecurity incidents and data privacy breaches pose risks to the company's operations, potentially leading to financial losses and reputational damage[155]. - The company's ability to service its debt is contingent on future operating performance and cash generation, which may be affected by various uncontrollable factors[156]. - Increases in fuel costs and volatility in fuel supply could adversely affect the company's operational costs and profitability, impacting guest demand[158]. - The company relies on suppliers for critical operations, and disruptions in the supply chain could lead to increased costs and operational challenges[161]. - Fluctuations in foreign currency exchange rates may negatively impact the company's financial results, as revenues and expenses are incurred in multiple currencies[162]. - Investments in port destinations and exclusive islands expose the company to risks such as weather events and local political developments[163]. - Overcapacity in the cruise industry may lead to reduced pricing power and profitability, as competition increases from other cruise brands and land-based vacation alternatives[164]. - Regulatory changes related to sustainability and emissions may require significant capital investments and could impact operational costs and access to certain destinations[172]. Cybersecurity Measures - The company has implemented a comprehensive cybersecurity risk management program, leveraging frameworks such as NIST and ISO/IEC 27001, to proactively identify and mitigate potential threats[179]. - Carnival Corporation has not experienced any material cybersecurity incidents in the last three fiscal years, and expenses related to cybersecurity incidents were not material[184]. - The company maintains an incident response plan that is regularly updated and tested through crisis simulation exercises[180]. - The Global Chief Information Security Officer (CISO) leads cybersecurity efforts and reports to executive management, ensuring alignment with industry developments[185]. - The company has a focus on data privacy and security standards to comply with regulations such as GDPR and CCPA, employing encryption and access controls[181]. Headquarters and Operations - Carnival Corporation's headquarters and principal shoreside operations are located in Miami, Florida, and Southampton, England, with plans to relocate its Miami headquarters[189].

Core Insights - Cunard's Queen Mary 2 has completed its first transit through the Panama Canal, marking a significant milestone in its 2026 World Voyage [1][3][4] Group 1: Voyage Details - The Queen Mary 2 is on a 108-night journey around the world, with the Panama Canal transit being a highlight [2][4] - Following the transit, the ship will visit Fuerte Amador, Panama for an overnight stay and then proceed to Manzanillo, Mexico, before arriving in Los Angeles on February 2, 2026 [4] Group 2: Future Voyages - Cunard plans to continue offering transits through the Panama Canal as part of several upcoming voyages in 2026 and 2027, providing guests with more opportunities to experience this engineering marvel [5] Group 3: Company Background - Cunard is a luxury British cruise line known for creating unforgettable experiences and has been operating passenger ships since 1840 [7][9] - The company currently operates four ships: Queen Mary 2, Queen Elizabeth, Queen Victoria, and the new Queen Anne, which entered service in May 2024 [9]

Core Insights - Princess Cruises has introduced two new specialty dining venues, Makoto Ocean and Crown Grill, on the Diamond Princess, enhancing the onboard culinary experience for guests [1][2][3] Group 1: New Dining Venues - Makoto Ocean features Edomae-style sushi crafted by Chef Makoto Okuwa, offering signature dishes like truffle salmon and snow crab temaki, along with Japanese-inspired cocktails [2] - Crown Grill, located in the former Savoy Dining Room, is known for its premium aged beef and seafood, providing an elegant dining atmosphere [3] - Both dining venues are priced at $55 per person, with complimentary access for guests booking the Princess Premier package [3] Group 2: Expansion and Future Plans - Diamond Princess is currently sailing in Asia, with itineraries that include destinations such as Thailand, Malaysia, and Vietnam, before returning to Japan [6] - In 2027, Princess Cruises will launch its most extensive Japan season, featuring 78 departures across 50 unique itineraries, marking a significant milestone for the brand in Asia [7] - The 2027 Japan season will include voyages ranging from seven to 28 days, showcasing the company's commitment to expanding its presence in the region [7] Group 3: Company Background - Diamond Princess and Sapphire Princess are sister ships built in Japan, highlighting Princess Cruises' long-standing legacy and connection to the Asian market [5] - Princess Cruises is recognized as a leading cruise brand, offering a variety of experiences and destinations, including the Caribbean, Alaska, and Asia [9][10]

Core Insights - Princess Cruises is launching an extensive Northern Europe program for 2027, featuring 48 voyages to 54 destinations across 18 countries, with sales starting on January 13, 2026 [1][2] Group 1: Program Highlights - The program includes the 64-day Ultimate European Journey and the 49-day Northern Europe Explorer, with roundtrip options from Southampton or Copenhagen [2][3] - The deployment of four ships, including Regal Princess, Majestic Princess, Sky Princess, and Caribbean Princess, emphasizes Princess' leadership in the Northern Europe cruise market [3][4] - The itineraries cover diverse regions such as the Atlantic, Mediterranean, Northern Europe, the Baltics, Iceland, and the British Isles [4] Group 2: Itinerary Details - Notable voyages include an 8-night Irish Counties & Scottish Shores voyage starting from $1,249, a 10-night Norwegian & Icelandic Fjords voyage starting from $1,699, and a 25-night British Isles & Icelandic Fjords Explorer starting from $3,949 [4][5] - The program offers cultural access to UNESCO sites and medieval cities, enhancing the travel experience [4] Group 3: Guest Experience Enhancements - Princess Cruises is introducing the EZ Air program, allowing guests to customize their travel arrangements [5] - The "Come Aboard Sale" offers significant savings, including up to 40% off cruise fares and free third and fourth guests on select sailings, available until February 16, 2026 [6][7]

Core Insights - Princess Cruises celebrated the New Year by unveiling its "Together in the Magic of Alaska" float at the 137th Rose Parade, highlighting the debut of its newest ship, Star Princess, for the 2026 Alaska season [1][7] Company Overview - Princess Cruises is recognized as the 1 cruise line in Alaska, with the 2026 season being its largest ever, featuring eight ships, 180 departures, and 19 destinations [7] - The Star Princess is a 177,800-ton vessel designed to accommodate 4,300 guests, showcasing advanced features such as The Dome and a sphere-shaped Piazza [6] Float Design and Features - The float, designed by Artistic Entertainment Services, is approximately 55 feet long and 21 feet high, adorned with over 300,000 flowers and natural materials, depicting Alaska's wildlife and scenery [3][2] - Floral elements include Blue Tweedia, representing Alaska's state flower, and various other authentic Alaskan florals, creating a lush representation of the state's natural beauty [5][2] Thematic Elements - The float's theme, "The Magic in Teamwork," reflects the dedication of Princess Cruises' 25,000 crew members who contribute to delivering exceptional travel experiences [4] - Performers danced to a reimagined version of "The Love Boat" theme song, connecting the float to the brand's legacy and its role in popularizing cruise vacations [5]