Advertisement
Canada markets closed
  • S&P/TSX

    21,969.24
    +83.86 (+0.38%)
     
  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     
  • DOW

    38,239.66
    +153.86 (+0.40%)
     
  • CAD/USD

    0.7317
    -0.0006 (-0.09%)
     
  • CRUDE OIL

    83.65
    +0.08 (+0.10%)
     
  • Bitcoin CAD

    87,331.38
    -1,275.77 (-1.44%)
     
  • CMC Crypto 200

    1,332.16
    -64.38 (-4.61%)
     
  • GOLD FUTURES

    2,348.90
    +6.40 (+0.27%)
     
  • RUSSELL 2000

    2,002.00
    +20.88 (+1.05%)
     
  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     
  • NASDAQ

    15,927.90
    +316.14 (+2.03%)
     
  • VOLATILITY

    15.03
    -0.34 (-2.21%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • CAD/EUR

    0.6839
    +0.0018 (+0.26%)
     

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)