Travel News

Carnival CEO Steps Down After Flat Bookings

What’s wrong with Carnival and how can it be fixed? Those are just some of the tough questions asked of incoming Carnival CEO Arnold Donald, who is stepping in for Mickey Arison after the cruise line reported lower bookings and anticipated its third straight year of lower profits.

A string of negative publicity following the crash of the Costa Concordia and the stranding of the Carnival Triumph has led to decreased consumer confidence in the  the world’s largest cruise operator. Though Carnival has reported a $41 million profit in its latest filings, its bookings for the remainder of 2013 are falling behind the same period last year, despite deep discounts.

Watch the video below to see Peter and Charlie Rose in this exclusive interview with the incoming Carnival CEO and to learn what cruisers can expect under its new leadership.


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