Equity Research
William Blair research analyst Sharon Zackfia told Barron’s that Carnival Cruises is benefiting from strong demand sectorwide for travel and other tourism experiences.
“We believe a greater-than-normal buffer exists in Carnival’s business today given an unusually large price gap versus land-based alternatives as cruise pricing has significantly lagged land-based hotel and restaurant price increases,” Zackfia’s note to investors that was cited by the publication said.
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