Advertisement
Singapore markets close in 1 hour 5 minutes
  • Straits Times Index

    3,337.44
    +4.64 (+0.14%)
     
  • Nikkei

    39,631.06
    +47.98 (+0.12%)
     
  • Hang Seng

    17,718.61
    +2.11 (+0.01%)
     
  • FTSE 100

    8,192.96
    +28.84 (+0.35%)
     
  • Bitcoin USD

    63,210.23
    +1,860.78 (+3.03%)
     
  • CMC Crypto 200

    1,312.31
    +10.24 (+0.79%)
     
  • S&P 500

    5,460.48
    -22.39 (-0.41%)
     
  • Dow

    39,118.86
    -45.24 (-0.12%)
     
  • Nasdaq

    17,732.60
    -126.10 (-0.71%)
     
  • Gold

    2,336.20
    -3.40 (-0.15%)
     
  • Crude Oil

    82.13
    +0.59 (+0.72%)
     
  • 10-Yr Bond

    4.3430
    +0.0550 (+1.28%)
     
  • FTSE Bursa Malaysia

    1,595.93
    +5.84 (+0.37%)
     
  • Jakarta Composite Index

    7,114.93
    +51.35 (+0.73%)
     
  • PSE Index

    6,398.77
    -13.14 (-0.20%)
     

Carnival Cruise bookings soar after it eases COVID testing requirements

The Carnival cruise ship Sunrise is seen docked at Miami Port, in Miami

(Reuters) - Carnival Cruise Line said booking activity nearly doubled pre-pandemic levels on Monday after it announced an ease in COVID-19 testing requirements for passengers, sending its shares more than 3% higher.

The company's parent, Carnival Corp, said on Friday it would drop mandatory testing for guests vaccinated against COVID-19 and allow unvaccinated passengers to travel without an exemption in some cases, after a similar move by rival Norwegian Cruise Line Holdings Ltd.

"Mid-August is typically not a busy month for cruise bookings, but it's clear that pent-up demand for Carnival has not been satisfied and guests are responding very favorably to our updated protocols," Cristine Duffy, president of Carnival Cruise Line, said in a statement on Tuesday.

The cruise industry has bounced back in recent months from an over one-year-long sailing pause caused by COVID-19, but rising inflation and labor shortages pose risks to its outlook.

(Reporting by Mehr Bedi in Bengaluru; Editing by Aditya Soni)