Carnival’s decision to add three more ships to an already record orderbook still keeps cruise industry capacity growth below historical averages, a UBS analyst said Tuesday.
Robin Farley, who follows leisure stocks for the investment bank, said that while the trio of newbuildings booked at Meyer Werft and Meyer Turku does appear to bolster capacity in the North American market in 2020, that doesn’t factor in expected vessel withdrawals.
“In
