Carnival Corporation & plc's revenue bounced back in 2023, recovering from the impact of the COVID-19 pandemic. After reaching just under 21 billion U.S. dollars in 2019, the company's revenue declined sharply with the onset of the health crisis, then grew to nearly 21.6 billion U.S. dollars in 2023, the highest figure recorded over the period considered.
Revenue of global leading cruise companies
Together with Carnival Corporation & plc, Royal Caribbean Cruises Ltd and Norwegian Cruise Line Holdings are among the global leading cruise companies, all of which are based primarily in the United States. In terms of revenue, Carnival Corporation & plc remains the leading cruise company worldwide, despite major setbacks as a result of the COVID-19 pandemic. In 2023, Royal Caribbean’s revenue totaled nearly 14 billion U.S. dollars. Meanwhile, Norwegian Cruise Line Holdings'revenue exceeded eight billion U.S. dollars in 2023.
The Caribbean: a cruise industry hotspot
For cruise companies like Carnival, the Caribbean has long been a favorite cruise destination, with its clear, tropical waters and many islands for passengers to visit. Among global destinations for cruises, the Caribbean, Bahamas, and Bermuda topped the list in 2023, welcoming almost 13 million passengers.
Revenue of Carnival Corporation & plc from 2008 to 2023
(in billion U.S. dollars)
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U.S. Securities and Exchange Commission. (January 26, 2024). Revenue of Carnival Corporation & plc from 2008 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/266272/revenue-of-cruise-operator-carnival-corporation-und-plc/
U.S. Securities and Exchange Commission. "Revenue of Carnival Corporation & plc from 2008 to 2023 (in billion U.S. dollars)." Chart. January 26, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/266272/revenue-of-cruise-operator-carnival-corporation-und-plc/
U.S. Securities and Exchange Commission. (2024). Revenue of Carnival Corporation & plc from 2008 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/266272/revenue-of-cruise-operator-carnival-corporation-und-plc/
U.S. Securities and Exchange Commission. "Revenue of Carnival Corporation & Plc from 2008 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 26 Jan 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/266272/revenue-of-cruise-operator-carnival-corporation-und-plc/
U.S. Securities and Exchange Commission, Revenue of Carnival Corporation & plc from 2008 to 2023 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/266272/revenue-of-cruise-operator-carnival-corporation-und-plc/ (last visited November 10, 2024)
Revenue of Carnival Corporation & plc from 2008 to 2023 (in billion U.S. dollars) [Graph], U.S. Securities and Exchange Commission, January 26, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/266272/revenue-of-cruise-operator-carnival-corporation-und-plc/
