Cruise line operator Carnival (NYSE: CCL) came out of the gates hot in 2023, smoking the market with a 45% year-to-date share price gain. A few remaining red flags indicate that Carnival stock's recent momentum could be short-lived. You can see the massive declines in share price and enterprise value below.
James Hardiman, Citi Leisure and Travel Analyst, discusses demand for cruises after COVID-19. You can see the full interview here. Key video highlights 00:07 On moving on from COVID-19 00:18 On 'pent-up demand' 00:38 On 'wave season' 00:55 On 2023 outlook
Citi Leisure & Travel Analyst James Hardiman examines the travel demand trends tied to cruise lines and their growth outlooks in the leisure and travel industry.