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Carnival Cruise Bookings Surge Even With Fleet Sidelined

  • Bookings for 2022 are ahead of the strong 2019, company says
  • First-quarter loss of $1.95 billion is wider than expected
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Photographer: Tim Rue/Bloomberg
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Carnival Corp.’s bookings are accelerating, reflecting pent-up demand for cruising even as the industry remains essentially on hold.

In a quarterly update Wednesday, the company said booking volumes in the first quarter of 2021 were about 90% higher than in the fourth quarter of 2020. Cumulative advanced bookings for next year are ahead of 2019, which was already a particularly strong year.