Carnival Sees Bookings Tick Up for 2021, but Continues to Burn Cash Until Then

Almost 60% of 2021 cruises booked in June were new rather than rescheduled trips

In a financial update to investors, Carnival Corporation—which owns Carnival Cruise Lines, Princess Cruises and Holland America—said incentives such as flexible booking and low cabin prices have led to an “encouraging” amount of bookings or rebookings for 2021.