Pursuits
Cruise Ship Sinking in Peak Booking Season May Worsen Losses
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Carnival Corp.’s losses following the grounding of the Costa Concordia cruise ship off Italy may be exacerbated by the disaster coinciding with the start of the peak booking season.
About one-third of all cruise vacations are arranged during the so-called wave season from January to March, said Sharon Zackfia, an analyst with William Blair & Co. in Chicago.