Carnival's business is booming, with a 14% increase in passenger cruise days leading to a 20% revenue boost, reaching $11.2 billion in the first half of the year.
The cruise industry faced immense challenges during the pandemic but is now experiencing a resurgence, attributed largely to pent-up demand for travel and tourism.
With high barriers to entry in the cruise industry, investors have the opportunity to focus on which of the leading cruise stocks, like Carnival, offer the best growth potential.
Despite the recovery, Carnival's stock prices remain below pre-pandemic highs, indicating potential investment opportunities as the company continues to expand its passenger capacity.
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