Carnival Corporation & PlcHTR: What are you expecting for 2004 and beyond?

_ P.R: 2004 is going to be a great year for the cruising market with strong demand and yield improvement following the aftermath of 9/11 and it's impact on global holiday demand. For 2005 and 2006 we expect to see demand and supply coming more into equilibrium as the recent aggressive new building programme is absorbed by the market. The future challenge for the cruise industry is to continue to innovate in terms of hardware and the services provided on board. Guests will continue to demand more choice in terms of onboard amenities, entertainment and flexible dining in terms of food choice and dining hours. The Voyager class ships are a great testament to this innovation. We must continue to aggressively market our brands on a global basis.Revenue in 2003: 7,596 million USD _ Number of passagers in 2003: 5,422,456 _ Occupancy rate: 103,4% _ Capacity as of 15/06/04: 123,000 cabins _ Number of ships: 75Royal Caribbean Cruises Ltd (RCCL)Revenue in 2003: 3,784 million USD _ Number of passagers in 2003: 2,990,607 _ Occupancy rate: 103,2% _ Capacity of 15/06/04: 60,468 cabins _ Number of ships: 29History:Carnival Corporation & Plc : _ After the merger-acquisition on 17 April 2003 with the cruise line industry’s n°4 brand, P&O Princess Cruises, Carnival confirmed its position as leader. Recently ranked 121th for market capitalisation in the Top 500 corporations worldwide, published by the Financial Times, today Carnival is a tourism giant. It outdoes Cendant and InterActive, the only other companies in the sector that make the ranking. The dowry of P&O, one of the oldest members of the cruise industry with over 150 years of history, brought Carnival access to the two main European markets...