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cjknox

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    Engineering, Finance, Economics, Autos, & Travel
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  1. Interesting topic. From a pure hardware standpoint Carnival made the mistake of taking a conservative route by building Destiny class variants from 2002-2019 (Conquest, Splendor, Dream, Vista classes). That's nearly 20 years of essentially the same design. Mardi Gras was really the first groundbreaking Carnival design since Destiny or Spirit. If Mardi Gras came out in 2009 instead of Dream, Carnival would be in a more competitive position. Other competitors like Royal were consistently pushing the envelope with each new class (Freedom, Oasis, Quantum) giving them a more unique (competitive) fleet mix. Carnival will likely do a combination of three things in response: 1) Further refurbishments for vessels they plan to keep for >5 years. 2) Bring newer hardware from other lines (Costa, Aida). 3) Competitive newbuilds.
  2. Josh Weinstein is the CEO of Carnival Corporation (Christine Duffy's boss). I'm assuming that he's referring to a price increase across the board. In other words, price increases will be across all brands.
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