Taking a Look at the Carnival Corporation

Decent Essays

“A ship is safe in harbor, but, that’s not what ships are for”
Carnival Corporation is the world’s leader in contemporary cruising. It has the largest cruise line with over 100 ships designed to provide fun and memorable vacation experiences at an outstanding value. Carnival Cruise Lines offers cruises generally from three to eight days with most of its ships home ported in North America. Carnival Cruise Lines is the leading provider of year-round Caribbean cruises and also operates seasonal cruises in Mexico, Europe, New England, Canada, Alaska, the Baltics, Hawaii, South America, the British Isles and Panama. Some of Carnival Cruise Lines’ cruise offerings feature a private island destination in The Bahamas, known as Half Moon Cay, which is owned and operated by Holland America Line.
Carnival is among the top financially and profitable leisure travel companies in the world. Carnival’s portfolio has many of the world’s best known cruise brands that are in today’s market. Carnivals mission is to take the world on vacation and deliver exceptional experiences that appeal to a large variety of consumers, all at an outstanding value.
Carnival primary financial goal is to profitably grow the cruise business, while maintaining a strong balance sheet. The ability to generate significant operating cash flows allows the company to internally fund all of its capital investment plans and still a substantial amount of free cash flow, which Carnival returns it to shareholders in the

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