{"id":86050,"date":"2022-05-25T20:52:58","date_gmt":"2022-05-25T20:52:58","guid":{"rendered":"https:\/\/mytravelleader.com\/?p=86050"},"modified":"2022-05-25T20:52:58","modified_gmt":"2022-05-25T20:52:58","slug":"report-carnival-is-in-preliminary-talks-to-sell-seabourn-travel-weekly","status":"publish","type":"post","link":"https:\/\/mytravelleader.com\/cruises\/report-carnival-is-in-preliminary-talks-to-sell-seabourn-travel-weekly\/","title":{"rendered":"Report: Carnival is in preliminary talks to sell Seabourn: Travel Weekly"},"content":{"rendered":"<p>Carnival Corp. is considering selling its luxury Seabourn cruise line to the Saudi sovereign wealth fund, according to a CNBC report.<\/p>\n<p>The report, citing unnamed sources, said that Carnival was in &#8220;preliminary discussions&#8221; to sell Seabourn. It said that the deal would give the Saudis a &#8220;stronger footprint&#8221; in the cruise industry while also giving Carnival access to more capital.\u00a0<\/p>\n<p>Carnival may also want to pare down debt. Last week, Carnival Corp. priced a private debt offering of $1 billion in senior unsecured notes at an interest rate of 10.5%. The proceeds will be used in fiscal 2023 to make scheduled principal payments on prior debt. <\/p>\n<p>Before this latest debt issue, Carnival Corp. was carrying about $35 billion in total debt.<\/p>\n<p><span>Regarding the CNBC report, a spokesman for Carnival Corp. said the company would not comment on &#8220;rumors and speculation.&#8221;\u00a0<\/span><\/p>\n<p>The Saudi fund, known as the Public Investment Fund, acquired an 8.2% stake in Carnival Corp. at the beginning of the pandemic (the CNBC report, citing FactSet, puts its current stake at 5.1%). <\/p>\n<p><span>Saudi Arabia has plans to move aggressively into tourism, earmarking $1 trillion for the travel and tourism sector through 2030. And the kingdom appears to be eager to get more involved with cruising. It has established Cruise Saudi, a publicly funded effort to develop ports, destinations and excursion options to attract more ships to the Red Sea and Persian Gulf.\u00a0<\/span><\/p>\n<p>An executive at Cruise Saudi did not immediately respond to a request for comment.\u00a0<\/p>\n<p>Seabourn currently has five ships, plus two expedition vessels under development for delivery this year and next.\u00a0<\/p>\n<p>Source: <a href=\"https:\/\/www.travelweekly.com\/Cruise-Travel\/Carnival-preliminary-talks-sell-Seabourn\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Carnival Corp. is considering selling its luxury Seabourn cruise line to the Saudi sovereign wealth fund, according to a CNBC<\/p>\n","protected":false},"author":2,"featured_media":86049,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Report: Carnival is in preliminary talks to sell Seabourn: Travel Weekly - My Travel Leader<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mytravelleader.com\/cruises\/report-carnival-is-in-preliminary-talks-to-sell-seabourn-travel-weekly\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Report: Carnival is in preliminary talks to sell Seabourn: Travel Weekly - My Travel Leader\" \/>\n<meta property=\"og:description\" content=\"Carnival Corp. is considering selling its luxury Seabourn cruise line to the Saudi sovereign wealth fund, according to a CNBC\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mytravelleader.com\/cruises\/report-carnival-is-in-preliminary-talks-to-sell-seabourn-travel-weekly\/\" \/>\n<meta property=\"og:site_name\" content=\"My Travel Leader\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-25T20:52:58+00:00\" \/>\n<meta name=\"author\" content=\"Kimberlee\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/mytravelleader.com\/wp-content\/uploads\/2022\/05\/Report-Carnival-is-in-preliminary-talks-to-sell-Seabourn-Travel-Weekly.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kimberlee\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mytravelleader.com\/cruises\/report-carnival-is-in-preliminary-talks-to-sell-seabourn-travel-weekly\/\",\"url\":\"https:\/\/mytravelleader.com\/cruises\/report-carnival-is-in-preliminary-talks-to-sell-seabourn-travel-weekly\/\",\"name\":\"Report: Carnival is in preliminary talks to sell Seabourn: Travel Weekly - My Travel Leader\",\"isPartOf\":{\"@id\":\"https:\/\/mytravelleader.com\/#website\"},\"datePublished\":\"2022-05-25T20:52:58+00:00\",\"dateModified\":\"2022-05-25T20:52:58+00:00\",\"author\":{\"@id\":\"https:\/\/mytravelleader.com\/#\/schema\/person\/5da6b91885b3cc7eb7d8e87fa70f79e5\"},\"breadcrumb\":{\"@id\":\"https:\/\/mytravelleader.com\/cruises\/report-carnival-is-in-preliminary-talks-to-sell-seabourn-travel-weekly\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/mytravelleader.com\/cruises\/report-carnival-is-in-preliminary-talks-to-sell-seabourn-travel-weekly\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/mytravelleader.com\/cruises\/report-carnival-is-in-preliminary-talks-to-sell-seabourn-travel-weekly\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/mytravelleader.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cruises\",\"item\":\"https:\/\/mytravelleader.com\/category\/cruises\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Report: Carnival is in preliminary talks to sell Seabourn: Travel Weekly\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/mytravelleader.com\/#website\",\"url\":\"https:\/\/mytravelleader.com\/\",\"name\":\"My Travel Leader\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/mytravelleader.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/mytravelleader.com\/#\/schema\/person\/5da6b91885b3cc7eb7d8e87fa70f79e5\",\"name\":\"Kimberlee\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mytravelleader.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d7cef2e0d8d634cb49d54f7c48b549a1?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d7cef2e0d8d634cb49d54f7c48b549a1?s=96&d=mm&r=g\",\"caption\":\"Kimberlee\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Report: Carnival is in preliminary talks to sell Seabourn: Travel Weekly - My Travel Leader","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mytravelleader.com\/cruises\/report-carnival-is-in-preliminary-talks-to-sell-seabourn-travel-weekly\/","og_locale":"en_US","og_type":"article","og_title":"Report: Carnival is in preliminary talks to sell Seabourn: Travel Weekly - My Travel Leader","og_description":"Carnival Corp. is considering selling its luxury Seabourn cruise line to the Saudi sovereign wealth fund, according to a CNBC","og_url":"https:\/\/mytravelleader.com\/cruises\/report-carnival-is-in-preliminary-talks-to-sell-seabourn-travel-weekly\/","og_site_name":"My Travel Leader","article_published_time":"2022-05-25T20:52:58+00:00","author":"Kimberlee","twitter_card":"summary_large_image","twitter_image":"https:\/\/mytravelleader.com\/wp-content\/uploads\/2022\/05\/Report-Carnival-is-in-preliminary-talks-to-sell-Seabourn-Travel-Weekly.jpg","twitter_misc":{"Written by":"Kimberlee","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/mytravelleader.com\/cruises\/report-carnival-is-in-preliminary-talks-to-sell-seabourn-travel-weekly\/","url":"https:\/\/mytravelleader.com\/cruises\/report-carnival-is-in-preliminary-talks-to-sell-seabourn-travel-weekly\/","name":"Report: Carnival is in preliminary talks to sell Seabourn: Travel Weekly - My Travel Leader","isPartOf":{"@id":"https:\/\/mytravelleader.com\/#website"},"datePublished":"2022-05-25T20:52:58+00:00","dateModified":"2022-05-25T20:52:58+00:00","author":{"@id":"https:\/\/mytravelleader.com\/#\/schema\/person\/5da6b91885b3cc7eb7d8e87fa70f79e5"},"breadcrumb":{"@id":"https:\/\/mytravelleader.com\/cruises\/report-carnival-is-in-preliminary-talks-to-sell-seabourn-travel-weekly\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mytravelleader.com\/cruises\/report-carnival-is-in-preliminary-talks-to-sell-seabourn-travel-weekly\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/mytravelleader.com\/cruises\/report-carnival-is-in-preliminary-talks-to-sell-seabourn-travel-weekly\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/mytravelleader.com\/"},{"@type":"ListItem","position":2,"name":"Cruises","item":"https:\/\/mytravelleader.com\/category\/cruises\/"},{"@type":"ListItem","position":3,"name":"Report: Carnival is in preliminary talks to sell Seabourn: Travel Weekly"}]},{"@type":"WebSite","@id":"https:\/\/mytravelleader.com\/#website","url":"https:\/\/mytravelleader.com\/","name":"My Travel Leader","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/mytravelleader.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/mytravelleader.com\/#\/schema\/person\/5da6b91885b3cc7eb7d8e87fa70f79e5","name":"Kimberlee","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mytravelleader.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d7cef2e0d8d634cb49d54f7c48b549a1?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d7cef2e0d8d634cb49d54f7c48b549a1?s=96&d=mm&r=g","caption":"Kimberlee"}}]}},"_links":{"self":[{"href":"https:\/\/mytravelleader.com\/wp-json\/wp\/v2\/posts\/86050"}],"collection":[{"href":"https:\/\/mytravelleader.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mytravelleader.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mytravelleader.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mytravelleader.com\/wp-json\/wp\/v2\/comments?post=86050"}],"version-history":[{"count":0,"href":"https:\/\/mytravelleader.com\/wp-json\/wp\/v2\/posts\/86050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mytravelleader.com\/wp-json\/wp\/v2\/media\/86049"}],"wp:attachment":[{"href":"https:\/\/mytravelleader.com\/wp-json\/wp\/v2\/media?parent=86050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mytravelleader.com\/wp-json\/wp\/v2\/categories?post=86050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mytravelleader.com\/wp-json\/wp\/v2\/tags?post=86050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}