Carnival (CCL) says 85% of 2026 capacity already on the books at historically high prices; current-year bookings +10% Y/Y and cumulative future year bookings reached a Q1 record

Carnival's announcement highlights significant strength in its booking momentum, with 85% of 2026 capacity already secured and at elevated prices. This robust demand, reflected in a 10% year-over-year increase in current year bookings and the record cumulative future bookings for Q1, is likely to bolster investor confidence and may lead to upward revisions in earnings forecasts. The raised operational outlook further underscores this positive trajectory in their business.