Carnival Cruise executive think cruise lines are "recession-resilient"
With second quarter performance showing a surge of bookings and increased occupancy for sailings, Carnival Corporation is hopeful about the cruise line’s future.
Even with the threat of an impending recession, Carnival Cruise executives and analysts think the cruise line is well positioned to handle any economic downturn.
While certainly not recession-proof, Carnival's executive team expressed confidence in the company’s long-term outlook. This is, in part, because of pent-up cruising demand from the pandemic.