Carnival Corp's Private Island Strategy Poised For Significant Expansion, Says Analyst
1. Goldman Sachs set CCL’s price target at $35 with a Buy rating. 2. CCL's private islands strategy could double capacity to 11 million by 2030. 3. Management expects 95,000 daily guest capacity by 2030, boosting revenues. 4. 2024 showed 13% growth in new-to-cruise customers, indicating strong demand. 5. Two-thirds of 2025’s capacity is already booked, demonstrating solid consumer interest.