2 Carnival Cruise Brands Cancel Port Stops After Tax Hike

Editorial Summary

Doug Parker reports on the decision by Princess Cruises and Cunard Line to skip Melbourne, Australia, in 2025. This move follows a decision by the local government to increase port fees from 28.50 dollars to 32 dollars per person. Teresa Lloyd, the Chief Strategy Officer for Carnival Australia, criticized the price increase, noting that the cruise industry is still recovering from previous shutdowns. While the government defends the hike as necessary for pier maintenance, the departure of these cruise lines is expected to cost the port 3.2 million dollars in fees. The report also covers Royal Caribbean's upcoming Star of the Seas, which will be one of the largest cruise ships in the world when it begins sailing from Port Canaveral in 2025. Additionally, Holland America Line and Princess Cruises reported record-breaking booking increases during the Black Friday and Cyber Monday period, with significant interest in Alaska, Europe, and Canada New England. The segment concludes with a photo of Amber Cove in the Dominican Republic and an update on cruise line stock performance, noting gains for Carnival Corporation, Royal Caribbean, and Norwegian.

Written by TripBacon from this video's transcript.