Carnival Cruise Line Will Bring Two Ships To China Starting In 2017

Carnival Cruise Line, the largest of Carnival Corp.'s brands, will introduce two ships - Carnival Miracle in spring 2017 and Carnival Splendor in spring 2018 - that will be based in China year round. Carnival Miracle has a guest capacity of 2,124 guests, with a guest-to-crew ratio of nearly two-to-one. Carnival Miracle carries just over 3,000 guests. Details about the ships' itineraries have not yet been made available. Reservations for Carnival Miracle are expected to open in 2016. The cruise industry has identified China as the next big growth opportunity. Carnival shares are up 18.7% for the year so far. The S&P is up 8% for the same period.