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CCL benefits from both budget families and wealthy retirees: cruises are cheaper than flying or hotels, retiring baby boomers with assets love cruises, and Carnival owns high-end brands. Fuel costs hit travel equally; it will be fine unless a once-in-a-hundred-year health crisis hits.
Next one, number two, CCL, Carnival Cruise Line, okay ? I'm not sure if you've ever traveled on Carnival Cruise Line. I have traveled several times. I even went to one this summer, right ?
They are really in a very advantageous position in terms of how they benefit when families want to go on vacation, right? As my kids wanted to go on a cruise, we took them on a short Carnival cruise.
I live in Vegas, if you didn't know. So it's very easy to go to Long Beach and take a three- four day cruise from there. So we did that this summer and I think it's pretty cheap.
It's a lot cheaper than flying to other places, right ? So it's really a great family activity. It's much better than flying somewhere and other expenses.