Business

Cruise bookings for 2022 second half above pre-pandemic levels

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Carnival Corp, said cruise bookings for the second half of 2022 were ahead of pre-pandemic levels, in a sign the cruise operator expects a rebound in business as it restarts voyages globally. The company's US-listed shares rose 3.1 per cent to $25.48 as the Cunard cruise line owner said its core earnings will break even early next year and be above pre-pandemic levels in 2023.

The cruise sector was among those most affected by the pandemic in 2020 as many ships docked at ports and anchored offshore for months, forcing operators to raise billions of dollars in debt to stay afloat. Cruise enthusiasts are looking forward to the resumption of more voyages from US ports after the country's health officials gave the green light earlier this year to restart sailings. -- Reuters