Core Insights - Cunard has unveiled a newly refurbished Queen Elizabeth, set to debut in Miami and Alaska, enhancing its luxury cruise offerings [1][7] - The ship's transformation includes revitalized signature spaces and outdoor decks, aimed at providing guests with better ocean views and relaxation areas [2][4] - The introduction of wellness-focused amenities, including The Pavilion Wellness Café and Harper's Bazaar Wellness at Sea program, reflects a growing trend towards health and wellness in luxury travel [5][6] Group 1: Ship Refurbishment - Queen Elizabeth underwent a three-week makeover in Singapore, enhancing its capacity to host 2,000 guests [1] - Signature spaces like the Commodore Club and Queens Room have been thoughtfully revitalized to connect guests with the ocean [2][3] - Outdoor decks have been revamped with more sunshades to improve guest experience in warmer weather [2] Group 2: Luxury Experience - The Grills experience has been elevated with enhanced interiors and new furniture for sunset cocktails, emphasizing comfort and style [4] - Cunard's commitment to luxury is highlighted by partnerships with renowned chefs and curated entertainment options [10] Group 3: Wellness Initiatives - The Pavilion Wellness Café offers a menu focused on plant-based cuisine and sustainably sourced ingredients, catering to health-conscious travelers [5] - The Harper's Bazaar Wellness at Sea program provides tailored wellness packages, enhancing the rejuvenating experience at sea [6] Group 4: Market Expansion - For the first time, Queen Elizabeth will spend a full season in Miami, offering roundtrip Caribbean voyages ranging from nine to 28 nights [7] - The itineraries include popular destinations such as Montego Bay, San Juan, and St John's, appealing to travelers from both sides of the Atlantic [7] Group 5: Company Background - Cunard, a luxury British cruise line, has been operating since 1840 and is celebrating 185 years in 2025 [10] - The company currently operates four ships, including the newly launched Queen Anne, marking a significant expansion in its fleet [11]

"Sail and Save" Runs through April 1 Offering Savings of up to 50%, Third and Fourth Guests Sail Free, and up to $500 Onboard CreditFT. LAUDERDALE, Fla., March 5, 2025 /PRNewswire/ -- As travelers set sail for spring break getaways, those looking ahead to summer and fall 2025 can lock in major savings now – up to 50% off – with Princess Cruises' latest sale. From March 5 through April 1, guests can enjoy savings of up to 50% on cruises to Alaska, the Caribbean, Mediterranean, and Canada & New England, plus ...

Core Viewpoint - Carnival Corporation has successfully closed a private offering of $1.0 billion in senior unsecured notes at a 5.750% interest rate, which will be used to redeem existing higher-interest notes, thereby reducing overall interest expenses significantly [1][2]. Group 1: Financial Impact - The transaction is expected to reduce net annual interest expense by approximately $45 million, reflecting a strategic move to lower interest costs [2]. - The redemption of the $1.0 billion 10.500% senior unsecured notes will result in a reduction of interest expense by over 4.5% [1]. Group 2: Notes Offering Details - The new notes will pay interest semi-annually at a rate of 5.750% per year, starting from September 15, 2025, and will mature on March 15, 2030 [3]. - The notes are unsecured and will be guaranteed on a senior unsecured basis by Carnival plc and certain subsidiaries [3]. Group 3: Regulatory and Offering Information - The notes were offered only to qualified institutional buyers under Rule 144A and to non-U.S. investors under Regulation S [4]. - The notes will not be registered under the Securities Act and cannot be sold in the U.S. without registration or an exemption [5].

Core Viewpoint - Carnival Corporation & plc is enhancing fuel efficiency and reducing greenhouse gas emissions through innovative hull designs, advanced propulsion technology, and underwater inspection and cleaning drones [1][2][4]. Group 1: Fuel Efficiency Strategies - The company is implementing complementary strategies to maximize hydrodynamic performance and enhance hull maintenance, which collectively reduce underwater drag and fuel consumption across its fleet [2][4]. - The aspiration is to achieve net zero greenhouse gas emissions by 2050, with ongoing efforts focused on fuel savings and decarbonization [4]. Group 2: Technological Innovations - Advanced hull designs are selected using computer-assisted analysis, allowing for extensive simulations to identify optimal designs for various sailing conditions [5]. - Trim optimization software is utilized onboard to ensure vessels operate in the most efficient configuration [5]. - Over 40 ships are equipped with high-efficiency, steerable podded propulsion units, which are approximately 7% more efficient than traditional propellers [5]. - Air Lubrication Systems (ALS) are installed on over 10% of the fleet, reducing fuel consumption by 5% or more, with plans for 10 additional ships to be converted in the next three years [5]. - Drones are being trialed for hull inspections to optimize cleaning schedules and manage marine growth, enhancing hydrodynamic efficiency [5]. - Trials with remotely operated vehicle (ROV) hull cleaners aim to improve cleaning speed and efficiency, targeting full hull cleaning during a single port visit [5]. - Innovative hull coatings with advanced biofouling prevention are being tested, with about 15% of the fleet currently trialing new coatings [5]. Group 3: Environmental Impact - The initiatives undertaken by the company have led to significant improvements in fuel and energy efficiency, contributing to a reduced environmental footprint while enhancing guest experiences [6].

Core Viewpoint - Carnival Corporation & plc is executing a private offering of $1.0 billion in 5.750% senior unsecured notes due 2030 to redeem its existing $1.0 billion 10.500% senior unsecured notes due 2030, aiming to reduce interest expenses by approximately $45 million annually [1][2]. Group 1: Notes Offering Details - The Notes Offering is priced at $1.0 billion with a maturity date of March 15, 2030, and will pay interest semi-annually starting September 15, 2025 [1][4]. - The transaction is expected to close on February 28, 2025, and the redemption of the existing notes is contingent upon the closing of the Notes Offering [3]. Group 2: Financial Strategy - The company aims to lower its net annual interest expense by approximately $45 million through this transaction, which is part of a broader strategy to manage and reduce interest costs [2]. - The indenture governing the new notes will include investment grade-style covenants, indicating a focus on maintaining financial stability [2]. Group 3: Company Overview - Carnival Corporation & plc is recognized as the largest global cruise company and one of the largest leisure travel companies, operating a diverse portfolio of cruise lines [8].

Core Viewpoint - Carnival Corporation & plc has initiated a private offering of new senior unsecured notes totaling $1.0 billion, aimed at refinancing existing debt and reducing interest expenses [1][2]. Group 1: Notes Offering - The new senior unsecured notes are expected to mature in 2030 and will replace the existing $1.0 billion 10.500% senior unsecured notes due 2030 [1]. - The offering is anticipated to include investment grade-style covenants in the governing indenture [1]. Group 2: Redemption of Existing Notes - A conditional notice of redemption has been issued for the entire outstanding principal amount of the 2030 Unsecured Notes, with a redemption date around February 28, 2025 [2]. - The redemption price will be 100% of the principal amount plus applicable premiums and accrued interest, funded by the net proceeds from the new notes offering and cash on hand [2]. Group 3: Company Overview - Carnival Corporation & plc is recognized as the largest global cruise company and one of the largest leisure travel companies, operating a portfolio of well-known cruise lines [6].

Core Insights - Princess Cruises is expanding its Alaska National Parks cruisetours for 2025 and 2026, offering new itineraries that allow guests to explore multiple national parks [2][3] - The new cruisetours combine a seven-day "Voyage of the Glaciers" cruise with scenic rail travel and extended land stays at Princess-owned wilderness lodges [2][3] Itinerary Details - The 2025 National Parks Cruisetours include options such as the "National Parks Expedition" visiting five parks in 15 days, and the "National Parks Explorer" visiting four parks in 14 days [4][5][8] - The 2026 offerings mirror the 2025 itineraries, maintaining the same structure and park visits [6] Unique Features - The cruisetours provide immersive experiences, allowing guests to engage with Alaska's natural beauty, including towering glaciers and abundant wildlife [3] - Princess Cruises emphasizes its unique position in visiting Glacier Bay, with 88 visits planned, making it the cruise line with the most frequent access to this national park [11] Onboard Experience - The "North to Alaska" program enhances the onboard experience with local cultural elements, including performances by lumberjacks and Iditarod champions, as well as fresh Alaskan seafood [12]

Core Viewpoint - Carnival Corporation has successfully closed a private offering of $2.0 billion in senior unsecured notes, which will be used to redeem $2.03 billion in higher-interest senior priority notes, thereby reducing interest expenses and simplifying its capital structure [1][2]. Group 1: Financial Details - The newly issued notes carry an interest rate of 6.125% and are due in 2033, with interest payments scheduled semi-annually starting August 15, 2025 [3]. - The transaction is expected to lower net annual interest expenses by over $80 million, representing a reduction of more than 4% in interest costs [2][1]. - The notes will be fully guaranteed on an unsecured basis by Carnival plc and certain subsidiaries, which also guarantee other forms of indebtedness [3]. Group 2: Strategic Implications - This transaction aligns with the company's strategy to manage future debt maturities and reduce overall interest expenses [2]. - The indenture governing the notes includes investment-grade-style covenants, indicating a focus on maintaining financial stability [2]. Group 3: Offering Details - The notes were offered exclusively to qualified institutional buyers under Rule 144A and to non-U.S. investors under Regulation S of the Securities Act [4]. - The notes will not be registered under the Securities Act, limiting their sale in the U.S. without proper registration or exemption [5].

Core Insights - P&O Cruises reported its strongest January ever, achieving record-breaking sales volume and the highest number of new bookings in the month [1][3] Group 1: Sales Performance - The cruise line experienced record volumes in bookings for popular destinations, specifically the Norwegian fjords and the Caribbean, along with the highest number of premium cabins booked [2] - The trend indicates a growing preference for luxurious accommodations, with more suites and balcony cabins being booked than ever before [2][3] Group 2: Marketing and Promotions - A new TV campaign has been credited for inspiring and encouraging bookings, contributing to the record-breaking month for P&O Cruises [3] - Limited-time offers for new bookings include extra onboard spending money, low deposits, and discounts on drinks packages, all applicable to bookings made by March 3, 2025 [4][5][6] Group 3: Company Background and Recognition - P&O Cruises is recognized as Britain's favorite cruise line, with a history of over 187 years, offering a variety of experiences tailored to British tastes [7] - The company has received multiple awards in 2024, including Best Ocean Cruise Line and Best Cruise Line for Family Holidays, highlighting its reputation in the industry [9][10]

Core Viewpoint - Carnival Corporation & plc has announced a private offering of $2.0 billion in senior unsecured notes at a 6.125% interest rate, intended to redeem $2.03 billion of higher-interest senior priority notes due in 2028, thereby reducing interest expenses and simplifying its capital structure [1][2]. Group 1: Notes Offering Details - The offering consists of $2.0 billion in senior unsecured notes due in 2033, with an interest rate of 6.125% [1][4]. - The notes will pay interest semi-annually starting August 15, 2025, and will be fully guaranteed by Carnival plc and certain subsidiaries [4]. - The expected closing date for the Notes Offering is February 7, 2025, which is also the date set for the redemption of the Senior Priority Notes, contingent upon the closing of the offering [3]. Group 2: Financial Impact - The transaction is projected to reduce the company's net annual interest expense by over $80 million [2]. - The new indenture governing the notes is expected to include investment-grade-style covenants, indicating a more favorable financial structure [2]. Group 3: Company Background - Carnival Corporation & plc is recognized as the largest global cruise company and one of the largest leisure travel companies, operating a diverse portfolio of cruise lines [8].