Carnival Cruise Lines Have Record Week

Go figure. Just when all reports show that American consumers are holding tightly onto their purse strings and eliminating all non-essential expenses, Carnival Cruise Lines reports their best ever booking week. Now, historically, the first quarter is the best of the year for cruise bookings as families set their travel plans for the year. Still, who would have thought that 2009 would bring a record for what is basically a luxury item.

According to Gerry Cahill, Carnival’s president and CEO, bookings are up 10 percent from the same period in 2008. Says Cahill, “This record booking activity, while at lower …read more