Carnival Corporation’s Revenue Breakdown (2018-2022)

This statistic highlights Carnival Corporation’s Revenue Breakdown split across Cruise Support, Europe and Asia (EA), North America and Australia (NAA), Tour and Other segments, reported on a quarterly basis from Q1 2018 onwards.

Carnival Corporation generates revenue from the following segments:

• Cruise Support
• Europe and Asia (EA)
• North America and Australia (NAA)
• Tour and Other

Carnival Corporation’s Revenue by Segment

(all figures in millions, except percentages)

Carnival Corporation’s total revenue declined from $4835 million in Q2 2019 to $741 million in Q2 2020, marking a decline of 84.68% on a year-on-year basis. In Q2 2020, Carnival Corporation’s business was adversely affected because of the lockdown restrictions imposed in most parts of the world because of the COVID-19 pandemic.

Europe and Asia (EA)

Carnival Corporation’s revenue from Europe and Asia segment declined from $1560 million in Q2 2019 to $238 million in Q2 2020, marking a decline of 84.74% on a year-on-year basis. In Q2 2020, Europe and Asia segment contributed 32.12% to the company’s total revenue.

Carnival Corporation’s Europe and Asia segment includes brands like Costa Cruises, Cunard, AIDA Cruises, and P&O Cruises. P&O Cruises operates in the United Kingdom and is the most recognized brand in the region. P&O Cruises operates a fleet of five premium ships in the United Kingdom. Costa Cruises operates in European countries like Italy, Germany, and France. Costa Cruises sails to over 260 destinations around the world. This brand operates ten premium ships and is Europe’s top cruise line. AIDA Cruises operates in Germany and has a fleet of 14 ships. AIDA Cruises offers world-class entertainment, culinary delights, shore excursions to its guests. In Asia, Carnival Corporation’s main office is located in Singapore.

Cruise Support

Carnival Corporation’s revenue from the Cruise Support segment declined from $44 million in Q2 2019 to $22 million in Q2 2020, a decline of 50% on a year-on-year basis. During this period, the Cruise Support segment contributed 2.97% to Carnival Corporation’s total revenue.

North America and Australia (NAA)

Carnival Corporation’s revenue from North America and Australia segment declined from $3160 million in Q2 2019 to $457 million in Q2 2020, a decline of 85.54% on a year-on-year basis. During this period, North America and Australia segment contributed 61.67% to Carnival Corporation’s total revenue.

In North America and Australia, Carnival Corporation’s major brands include Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), and Seabourn. Carnival Cruise Line is the world’s most popular cruise line that offers a great travel experience to its customers. The Carnival Cruise Line operates 22 ships. Princess Cruises operates a fleet of 16 ships and covers regions like Alaska, Australia, Mexico, the Caribbean, the Panama Canal, and many other regions.

Tour and Other

Carnival Corporation’s revenue from Tour and Other segments declined from $71 million in Q2 2019 to $24 million in Q2 2020, marking a decline of 66.20% on a year-on-year basis. In Q2 2020, Tour and Other segments contributed 3.24% to the company’s total revenue.

Company Overview

Carnival Corporation is a cruise operator and largest travel company in the world. The company was founded by Ted Arison in 1972. Carnival Corporation’s main office is located in Miami, Florida, United States. The company’s major brands include Carnival Cruise Line, Costa Cruises, AIDA Cruises, P&O Cruises, Holland America Line, Seabourn, and many more. Carnival Corporation employs more than 100,000 worldwide.

Carnival Corporation faces tough competition from MSC Cruises, Royal Caribbean International, Expedia Group, Norwegian Cruise Line, and many more. Carnival Corporation is listed on the NYSE and is traded under the stock code “CCL”.

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