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Zacks Investment Research Lowers Carnival Corp. (CCL) to Sell

Article written by Legends Travel, Travel news, Tips & Articles According to Zacks, “Carnival posted second-quarter 2016 earnings of $0.49, which surpassed the Zacks Consensus Estimate of $0.39 by 25.6% and surged 96% year over year on the back of higher-than-expected revenue yields. Revenues beat the consensus mark by 1.1% and increased 2.8% year over year given Carnival’s efforts... [Read more]

Royal Caribbean Cruises Ltd. (RCL) Position Cut by Cleararc Capital Inc.

Article written by Photo Packager Cleararc Capital Inc. cut its stake in shares of Royal Caribbean Cruises Ltd. by 1.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,119 shares of the company’s stock after selling 81 shares during the period. Read more here: Royal Caribbean Cruises Ltd. (RCL) Position Cut by... [Read more]

Hidden paradise tops list

GLOBAL travel site TripAdvisor listed Savusavu on Vanua Levu as one of its highly-rated travellers choice for destinations, recognising travellers' favourite places around the world for 2016. Neighbouring Taveuni Island and Viti Levu were recognised as two of the top travellers choice islands, and eight Fijian properties included in the 2016 Travellers' Choice awards for family hotels. The... [Read more]

TripAdvisor Inc. (TRIP) Rating Reiterated by Cantor Fitzgerald

's stock had its “hold” rating reaffirmed by equities researchers at Cantor Fitzgerald in a note issued to investors on Tuesday. They presently have a $70.00 price objective on the travel company's stock, down from their prior price objective of $74.00. See more here: TripAdvisor Inc. (TRIP) Rating Reiterated by Cantor Fitzgerald  Read More →

The Luxury Collection Hotels & Resorts Unveils Transformed Pine Cliffs Resort

Owned by United Investments Portugal , the celebrated cliff-top retreat recently emerged from an all-encompassing 18 month renovation which restored the award-winning Pine Cliffs Hotel , alongside the addition of the new contemporary Pine Cliffs Ocean Suites. Together with Pine Cliffs Residence , the complex sits at the heart of Portugal's burgeoning luxury travel scene, further cementing the... [Read more]

High on Hong Kong: Viator tours include a helicopter lap of the island

When it comes to good looks, few cities can rival Hong Kong. From a stroll along the Tsim Sha Tsui waterfront to a hike to a remote beach, its charms are manifold. Here is the original post:  High on Hong Kong: Viator tours include a helicopter lap of the island  Read More →

Royal Caribbean plans new terminal at PortMiami

Royal Caribbean Cruises has announced plans to build a new terminal at PortMiami that will serve as homeport to Royal Caribbean International ships, including one of the world's largest passenger ships. The cruise line announced an agreement Tuesday with Miami-Dade County to build the new terminal on land leased from the county. Read the rest here:  Royal Caribbean plans new terminal at PortMiami  Read More →

Carnival Corp. nearly triples 2Q profit to $605 million, while revenues rise

The 3,954-passenger Carnival Vista completes final sea trials in the Adriatic Sea as it readies for its first cruise on May 1. The 3,954-passenger Carnival Vista completes final sea trials in the Adriatic Sea as it readies for its first cruise on May 1. Carnival Corp. & PLC posted dramatically higher profits in the second quarter, fueled in part by increases in ticket prices and onboard revenue... [Read more]

Carnival plc (CUK) Lowered to Hold at Zacks Investment Research

According to Zacks, “Carnival Corporation & plc is the largest cruise company in the world, with a portfolio of 10 cruise brands in North America, Europe, Australia and Asia, comprised of Carnival Cruise Line, Holland America Line, Princess Cruises, Seabourn, AIDA Cruises, Costa Cruises, Cunard, P&O Cruises , P&O Cruises and Fathom. ” In other news, CEO Michael Olaf Thamm... [Read more]

Canada Pension Plan Investment Board Increases Stake in Starwood…

Canada Pension Plan Investment Board raised its stake in Starwood Hotels & Resorts Worldwide Inc by 2,000,000.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 200,010 shares of the company's stock after buying an additional 200,000 shares during the period. Read more here:  Canada Pension Plan... [Read more]

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