Asahi shares mark weekly slide after cyberattack halts production
SEATTLE - Luxury cruise operator Seabourn, a brand of Carnival Corporation (CCL), announced Wednesday that its vessel Seabourn Encore will make its first-ever voyages to Alaska and British Columbia from May to September 2026, offering 17 seven-day sailings and one eight-day voyage. The expansion comes as Carnival Corporation, a prominent player in the Hotels, Restaurants & Leisure industry, has seen its stock surge over 73% in the past year according to InvestingPro data.
The 2026 program will feature stops at major destinations like Juneau and Ketchikan while also visiting less-traveled locations including Alert Bay, the Inian Islands, and remote sections of the Alaska and Canadian Inside Passage that are inaccessible to larger vessels.
"Alaska continues to be one of the most sought-after destinations for our guests," said Mark Tamis, president of Seabourn, in a press release statement.
Each itinerary will include glacier viewing experiences, with Seabourn claiming it will offer more sailings into Glacier Bay National Park than other luxury cruise lines. The UNESCO World Heritage site features tidewater glaciers, mountains, and diverse wildlife.
The voyages will include the company’s Ventures by Seabourn program, which provides optional expert-led excursions using kayaks and Zodiacs carried aboard the vessel. An expedition team of naturalists, scientists, and historians will be available throughout each sailing to enhance the experience. This expansion aligns with Carnival Corporation’s strong financial performance, with InvestingPro data showing revenue growth of nearly 11% and a healthy gross profit margin of 54.7% in the last twelve months.
Special sailings include a Summer Solstice voyage departing June 19, a Perseid Meteor Shower voyage departing August 7, and holiday voyages coinciding with Memorial Day and Independence Day.
The all-suite Seabourn Encore features private verandas in all accommodations and offers dining venues including Sushi, a traditional Japanese restaurant, and Solis, which serves Mediterranean-inspired cuisine.
Travelers can combine the seven-day voyages to create 14- or 15-day experiences for more extensive exploration of the region. The company will provide each guest with a complimentary Helly Hansen all-weather jacket, while Premium Suite guests will have access to Swarovski Optik binoculars during their voyage. For investors interested in the cruise industry’s recovery, InvestingPro offers comprehensive analysis with 10+ additional ProTips and detailed financial metrics in its Pro Research Report, helping you make informed investment decisions in this dynamic sector.
In other recent news, Carnival Corporation has closed a $3 billion private offering of 5.75% senior unsecured notes due 2032. The proceeds from this offering will be used to fully repay borrowings under its first-priority senior secured term loan facility maturing in 2028. Additionally, the remaining funds, along with cash on hand, will be used to redeem $2.4 billion of Carnival’s 5.75% senior unsecured notes due 2027. In related developments, Carnival announced plans to redeem approximately $322 million of its 5.750% senior unsecured notes due 2027, with the redemption scheduled for August 29, 2025. The redemption price will include the principal amount plus any applicable premiums and accrued interest. Analyst firm Melius Research has raised its price target on Carnival’s stock to $36.00, maintaining a Buy rating, citing the company’s ongoing turnaround progress. TD Cowen also initiated coverage on Carnival with a Buy rating and a price target of $36.00, noting the company’s focus on yield optimization and margin improvement. These recent developments reflect a strategic financial restructuring effort by Carnival Corporation.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.