We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Carnival's Fathom Brand Adds 2 Cuba Sailing Dates for Fall
Read MoreHide Full Article
Carnival Corporation’s (CCL - Free Report) newest cruise brand, Fathom, has recently added two more cruise dates for fall 2016. Fathom, being the only U.S. cruise line sailing from the U.S. to Cuba, increased sailing dates due to demand from travelers wanting to explore one of the most desired destinations in the Caribbean islands.
The Fathom experience is brought to life on board the 704-passenger strong Motor Vessel ‘Adonia’. For these additional cruises, the destinations in Cuba include the ports of Havana, Cienfuegos and Santiago de Cuba. The experience also includes Fathom’s unique shore excursions, traditional Cuban music and dance, coastal fortresses, lively nightlife, the cannons on San Juan Hill, and much more.
For all of these and other more intimate guest experiences, Fathom has witnessed strong, continued demand from travelers since its inaugural voyage in May 2016, where it made history by initiating travel to Cuba from the U.S. The company expects brisk sales for these new dates in addition to the earlier dates being almost sold out for the full year, and already high demand for 2017.
Carnival has adopted a strategy to go beyond its familiar itineraries and capitalize on new markets. In addition to sailing to markets like Cuba, Mexico and Bermuda where demand is expected to ramp up significantly, Carnival expects Asia to be one of its brightest spots with tremendous growth opportunities. However, since most of its revenues come from European and Asian markets, the company is expected to suffer from negative currency translations.
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Carnival's Fathom Brand Adds 2 Cuba Sailing Dates for Fall
Carnival Corporation’s (CCL - Free Report) newest cruise brand, Fathom, has recently added two more cruise dates for fall 2016. Fathom, being the only U.S. cruise line sailing from the U.S. to Cuba, increased sailing dates due to demand from travelers wanting to explore one of the most desired destinations in the Caribbean islands.
CARNIVAL CORP Price
CARNIVAL CORP Price | CARNIVAL CORP Quote
The Fathom experience is brought to life on board the 704-passenger strong Motor Vessel ‘Adonia’. For these additional cruises, the destinations in Cuba include the ports of Havana, Cienfuegos and Santiago de Cuba. The experience also includes Fathom’s unique shore excursions, traditional Cuban music and dance, coastal fortresses, lively nightlife, the cannons on San Juan Hill, and much more.
For all of these and other more intimate guest experiences, Fathom has witnessed strong, continued demand from travelers since its inaugural voyage in May 2016, where it made history by initiating travel to Cuba from the U.S. The company expects brisk sales for these new dates in addition to the earlier dates being almost sold out for the full year, and already high demand for 2017.
Carnival has adopted a strategy to go beyond its familiar itineraries and capitalize on new markets. In addition to sailing to markets like Cuba, Mexico and Bermuda where demand is expected to ramp up significantly, Carnival expects Asia to be one of its brightest spots with tremendous growth opportunities. However, since most of its revenues come from European and Asian markets, the company is expected to suffer from negative currency translations.
Carnival currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the same sector include Planet Fitness, Inc. (PLNT - Free Report) , Town Sports International Holdings, Inc. and Vail Resorts, Inc. (MTN - Free Report) , all carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>