Carnival Tries to Mitigate Coronavirus Cruise Cancellations with Drink and Spa Credits
Faced with the possibility of cruise passengers jumping ship from coronavirus fears, Carnival Corporation (NYSE: CCL) announced on Monday it's offering up to a $200 credit toward various services to customers who don't cancel their reservations. The incentive is available to people with cruises booked between March 6 and May 31.
Image source: Carnival Corporation
Though Carnival stock was buoyed by a promise of help for the cruise industry by President Trump, cruise line bookings took a hit after multiple shipboard outbreaks of the novel coronavirus COVID-19. In one of the latest incidents, healthcare personnel identified 21 people aboard the vessel Grand Princess as symptomatic, including 11 passengers and 10 crew. The ship remained offshore near California until Monday, when the first of 2,421 passengers disembarked. All passengers without symptoms will be quarantined for 14 days at various military installations in California. The Grand Princess is operated by Princess Lines, a wholly owned subsidiary of Carnival.
Source Fool.com
