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StockNews.com
Business
Abhishek Bhuyan

Carnival (CCL) vs. Royal Caribbean (RCL): Which Travel Stock to Buy This Summer?

The cruise sector's resilience shines post-pandemic, buoyed by pent-up demand and a thirst for unique experiences. The Cruise Lines International Association (CLIA) forecasts 35.7 million passengers cruising in 2024, and a market growth of 5.1% CAGR to $36.67 billion by 2028.

With an anticipated 18% capacity rise in 2024, the cruise industry thrives on personalized experiences and understanding consumer preferences. Factors such as new-to-cruise travelers, multi-generational trips, expedition cruises, and a robust workforce fuel this growth.

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