Carnival Corp raised its annual profit forecast on Monday, leaning on strong demand and higher ticket prices for its cruise vacations to offset mounting costs.The cruise operator has been investing heavily to offer more unique and private experiences by expanding its portfolio to meet strong demand for exclusive destinations.
Nearly 19 million Americans are expected to go on cruise vacations this year, but passenger growth is likely to cool off after seeing a boom post pandemic, travel group AAA forecast on Monday.Passenger volume this year is projected to grow 4.5% from 2024, when 18.2 million Americans went on ocean cruises, according to the industry group. The increase is slower than the 7.