Carnival Cruise Lines Threats Essay

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Carnival Cruise Lines

- What specific steps has Carnival Cruise Lines taken to benefit from global social changes?

While before sea travel for pleasure was an opportunity available only to the very rich, during the th century, cruises increasingly became a form of accessible leisure travel to the less wealthy. In fact, they enabled people to take their families on vacation, have a reliable place to stay, and offered entertainment even between ports. By operating under flags of convenience, cruises like Carnival could sail in international waters, and also take advantage of lower taxes and lax labor laws in desirable areas of the world to cruise. Operating as a Panamanian company also enables the company to benefit from that nations lower tax rates yet still benefit from being listed on the New York Stock Exchange (NYSE).

Despite global economic downturns, Carnival has been able to flourish, since many people seeking vacations consider cruises more affordable than traveling to a nation by air, and it also offers the ease and convenience of not needing to book multiple aspects of a trip. Additionally, online convenience enables more people to learn about different cruises and to book them relatively easily. Even recruiting is far easier than ever before, since people can learn about job opportunities online. Technology has also facilitated contactless interactions onboard to easily access different amenities on the ship (Garay, 2022). Finally, the cruise industry has also implemented smaller cruises, to offer more niche, environmentally-friendly...…and even relaxing exemption procedures for unvaccinated passengers suggesting an attempt to return to normal, even while there still is a threat of infection from new variants (Carnival, 2022). However, if I were in charge of Carnival, I would not have relaxed such restrictions, and instead tried to capitalize upon the greater safety and security offered by cruising. At minimum, in the future, offering cruises which advertise required vaccination and testing could be a potential sell to more cautious cruise-goers. Finally, offering cruises with advertised environmentally-friendly protocols could attract travelers who have been leery of cruises due to the environmental impact. Cruises in colder weather locations (to offset heat fatigue due to global warming) could be another way to capitalize upon the…

Sources Used in Documents:

References

Carnival drops mandatory COVID-19 testing for vaccinated passengers. (2022, August 12).

Reuters. https://www.reuters.com/business/carnival-drops-mandatory-covid-19-testing-vaccinated-passengers-2022-08-12/

Garay, E. (2022, April 21). Stormy seas or smooth sailing? What lies ahead for the global cruiseindustry. CNN. https://www.cnn.com/travel/article/future-of-cruising-cmd/index.html


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Carnival Cruise Lines What threats exist for the future performance of the cruise-line industry and, specifically, of Carnival Cruise Lines? If you were in charge of Carnival, how would you (a) try to prevent these threats from becoming reality, and (b) deal with them if they were realized? There are numerous threats imaginable that could potentially affect Carnival Cruise Lines in the future; everything from the swine flu, to greater regulation of