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The demand for a spot aboard a cruise ship is expected to outweigh supply, according to UBS analysts

carnival cruise ship

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Demand for cruise travel is poised to rise significantly in the next year due to vaccine availability and people not having travelled during the pandemic, analysts at investment bank UBS predict.

UBS told investors in a note on Thursday that it was upgrading Carnival Cruise Lines stock to a “buy” rating, a reassuring sign for an industry that has been devastated by the coronavirus pandemic. Royal Cruise Lines was already at a “buy” rating from the bank, indicating confidence in the brand. And Norwegian Cruise Lines will remain at a neutral. 

The report cites “pent-up demand read more ⇒

Source:: BusinessInsider.Com

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