How Carnival dominates the cruise industry
If the catastrophe on the Carnival Triumph has you thinking you will stay clear of all Carnival cruises in the future, good luck.
Carnival Corp., the Miami-based parent company for Carnival Cruise Lines, controls nearly 50% of the cruise market through 10 cruise line brands around the world.
Other brands under Carnival Corp.’s ownership are Princess Cruises, Holland American Line and Costa.
The biggest of its brands is Carnival Cruise Lines, which is the world’s most popular cruise line, serving about 21% of the market, according to Cruisemarketwatch.com, a website that tracks the industry.
The next biggest cruise line, Royal Caribbean, serves about 16% of the market, according to the website.
In total, Carnival Corp.’s subsidiaries operate about 100 ships and employ nearly 91,000 people. This year, the corporation expects to carry 10 million passengers on its various lines, up from 9.8 million passengers in 2012.
At any given time, Carnival Corp.’s ships are carrying about 277,000 guests.
This year, Carnival Corp. plans to add two ships to its fleet, the 2,192-passenger AIDAstella and the 3,560-passenger Royal Princess.
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Carnival cancels more cruises, estimates loss from Triumph mishap
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