Expectations for cruise industry recovery following vaccine distribution，Cruise stocks have performed well recently，Carnival, the world’s largest cruise company, since the outbreak last year，The stock price has soared 265%。But the company immediately poured cold water on the market。

According to the Financial Times，Carnival CEO Arnold Donald’s recent forecast，The cruise industry will face at least two more years of difficult times，That is, at least until 2023，A “V-shaped” recovery unlikely。

Donald said，The Carnival fleet is expected 188bet app to start sailing in the second half of this year，But facing many uncertain factors，The biggest obstacle is getting 90,000 employees back on cruise ships。Considering that international travel restrictions and quarantine measures vary from country to country，This process may take several months。

Meanwhile，Donald said，After the previous incident of coronavirus transmission on a cruise ship，The company’s reputation has been affected，Passenger volume may continue to remain low in the foreseeable future。Therefore，The company has disposed of 19 cruise ships，Accounting for 18% of total capacity，Most of them are transported to ship-breaking yards for scrap。

Since the outbreak，Carnival’s “Diamond Princess”、"Grand Princess"、"Zandam" encountered crises one after another，Passengers and crew members had to be quarantined at sea，Afterwards，All of its cruise ships were temporarily suspended。Due to the failure to suspend cruise ships 188bet Online Sports Betting and Casino in the early months of the outbreak，Carnival has been condemned by public opinion。

Currently，The company has a small number of ships open for operation in Europe and Asia，But until today，There are still reports of coronavirus outbreaks on some cruise ships。Some cruise lines already require passengers to undergo screening before boarding，Or provide proof of vaccination。

According to the financial report data released by Carnival Group earlier，Business has almost come to a standstill due to the epidemic，Carnival Group’s operating income in fiscal year 2020 is 55.US$9.5 billion，Decrease of 73 compared with fiscal year 2019.13%，Net loss 102.US$3.6 billion，Set the largest loss since the group was founded。

188bet app download Source: Wall Street Insights, author: Lin Jingyang, original title: "So what if the stock price skyrockets？Carnival CEO warns: Cruise industry downturn will continue for two years》.