Carnival's Fathom Brand Adds 2 Cuba Sailing Dates For Fall

Carnival (LON:CCL) Corporation’s (NYSE:CCL) newest cruise brand, Fathom, has recently added two more cruise dates for fall 2016. Fathom, being the only U.S. cruise line sailing from the U.S. to Cuba, increased sailing dates due to demand from travelers wanting to explore one of the most desired destinations in the Caribbean islands.

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The Fathom experience is brought to life on board the 704-passenger strong Motor Vessel ‘Adonia’. For these additional cruises, the destinations in Cuba include the ports of Havana, Cienfuegos and Santiago de Cuba. The experience also includes Fathom’s unique shore excursions, traditional Cuban music and dance, coastal fortresses, lively nightlife, the cannons on San Juan Hill, and much more.

For all of these and other more intimate guest experiences, Fathom has witnessed strong, continued demand from travelers since its inaugural voyage in May 2016, where it made history by initiating travel to Cuba from the U.S. The company expects brisk sales for these new dates in addition to the earlier dates being almost sold out for the full year, and already high demand for 2017.

Carnival has adopted a strategy to go beyond its familiar itineraries and capitalize on new markets. In addition to sailing to markets like Cuba, Mexico and Bermuda where demand is expected to ramp up significantly, Carnival expects Asia to be one of its brightest spots with tremendous growth opportunities. However, since most of its revenues come from European and Asian markets, the company is expected to suffer from negative currency translations.

Carnival currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the same sector include Planet Fitness, Inc. (NYSE:PLNT) , Town Sports International Holdings, Inc. (NASDAQ:CLUB) and Vail Resorts, Inc. (NYSE:MTN) , all carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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