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Everyone always scolds you when you say Princess is owned by Carnival..


jennybenny
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So I was on the Crown princess and I gambled a bit, won a few bucks and had them put back on my card. I assumed they went back onto my cruise folio. Never realized I had not gotten my money back. Today I received a check from"Carnival". So their mail is on Carnival stationary. Carnival check. Carnival logo. Just thought it was funny.

They are owned by Carnival Corp but use the same logo for the Cruise line [emoji4]

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They are owned by Carnival Corp.

 

Who also own

 

HAL

Carnival Cruise Line (of course)

Cunard

P&O

Costa

 

And a few others.

 

Where you will get scolded is if you say they are owned by CCL or Carnival Cruise Line, because they aren't.

 

It's a bit like saying Rolls Royce are made by Mini, both are owned by BMW but are separate businesses, so with any of the cruise lines owned by Carnival Corp.

Edited by GUT2407
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And yet their stock symbol is CCL.

 

 

 

Right! That's what's amusing [emoji4] I'm aware of all the cruise lines under them but clearly corporate consider Carnival Cruise Line the brand... At least on stationary

 

 

 

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And yet their stock symbol is CCL.

 

And there is an historical reason for that too.

 

They started life just as Carnival Cruise Line, but with expansion came the need for a holding company to hold all the subsidiaries, there was then, as with so many organisations, a restructure. It would have been silly to name the holding company CCL And the cruising company Ccc so names were changed, but the stock exchange rarely, if ever, changes a code, so to change the code would have required reissuing all the shares, with commissions and stamp duties and legal fees, so easier to leave it as it was.

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Right! That's what's amusing [emoji4] I'm aware of all the cruise lines under them but clearly corporate consider Carnival Cruise Line the brand... At least on stationary

 

 

 

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As antsp mentioned above, Carnival Cruise Line (not the holding company) runs the casino operations on Princess ships.

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As antsp mentioned above, Carnival Cruise Line (not the holding company) runs the casino operations on Princess ships.

 

 

 

You learn something new everyday

 

 

 

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Agree with the OP that we "scolders" should just put our rulers back in the drawer and stop concerning ourselves with the non-issue of someone just saying Carnival when referring to the parent corporation and not the separate cruise line.

 

If one still wants to play semantics they can head over to the Royal Caribbean board, where Royal Caribbean Cruise Lines is actually the name of the parent corporation while Royal Caribbean International the name of the specific cruise line. Yet far more people use RCCL as the cruise line acronym rather than RCI. :rolleyes:

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I believe some of the sensitivity shows when Carnival Cruise Lines make a change in their policy and then someone believes that because Princess is owned by CCL, Princess will have to make the same change.

 

It is truly important to understand that each line runs itself independent (mostly) of the other. They are starting to cooperate in areas where they can mutually benefit from economies of scale however in other areas they are competitors, carefully guarding and updating their market positions. IMHO, it's a healthy business arrangement.

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They are owned by Carnival Corp.

 

Who also own

 

HAL

Carnival Cruise Line (of course)

Cunard

P&O

Costa

 

And a few others.

 

Where you will get scolded is if you say they are owned by CCL or Carnival Cruise Line, because they aren't.

 

It's a bit like saying Rolls Royce are made by Mini, both are owned by BMW but are separate businesses, so with any of the cruise lines owned by Carnival Corp.

 

So true it is Carnival Corporation ... not Carnival Cruise Line! :rolleyes:

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The pax on Cunard/P&O UK don't like it said that their line is part of Carnival.

 

Carnival Corporation owns most of the world's cruise lines these day, like it or not. Does not worry me at all.

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What OP calls "scolding", I call education. :-)

 

Many people have no clue how things work, and assume that when the name "Carnival" is used, Carnival Corporation and Carnival Cruise Line are one and the same.

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Agree with the OP that we "scolders" should just put our rulers back in the drawer and stop concerning ourselves with the non-issue of someone just saying Carnival when referring to the parent corporation and not the separate cruise line.

 

If one still wants to play semantics they can head over to the Royal Caribbean board, where Royal Caribbean Cruise Lines is actually the name of the parent corporation while Royal Caribbean International the name of the specific cruise line. Yet far more people use RCCL as the cruise line acronym rather than RCI. :rolleyes:

 

Some of us have been cruising so long that RCCL was the name we started cruising under and is the name we are used to using.

 

Of course, RCCL was a different style of cruising in the old days before being repositioned to be an entry level cruise line. :rolleyes:

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Agree with the OP that we "scolders" should just put our rulers back in the drawer and stop concerning ourselves with the non-issue of someone just saying Carnival when referring to the parent corporation and not the separate cruise line.

 

If one still wants to play semantics they can head over to the Royal Caribbean board, where Royal Caribbean Cruise Lines is actually the name of the parent corporation while Royal Caribbean International the name of the specific cruise line. Yet far more people use RCCL as the cruise line acronym rather than RCI. :rolleyes:

 

I only get scolded when I tell people that we prefer Princess over Carnival. They go into the "idiot, don't you know that Carnival owns Princess?" Just got that brow beating on the Legend last week. Convinced me not to cruise on a Carnival ship again as it wasn't as lovely as the Princess ships. It truly was WalMart of the Seas.:eek:

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These all blend some, for example if you book a cruise on Carnival Australia, it is managed by P&O, although you might not know that until after you book. The ships however, are staffed by CCL folks and have the familiar whale tails. If you book a cruise on Princess Australia, it is still Princess. Kind of confusing!

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Don't think anyone scolds anyone.

 

This subject only surfaces when folks mistakenly think that the cruise line Carnival has the ability to influence the other lines in Carnival Corporation.

 

Yup, CCL happens to be both an obvious abbreviation for Carnival Cruise Lines and the EPIC (stock code) for Carnival Corporation but that has no significance whatsoever.

 

Carnival Corporation (CCL) is a quoted cruise line company, which is traded on both the NYSE and the LSE, and owns a number of brand names including Carnival, Princess, Holland America, Cunard, P&O, Costa Cruises and Seabourn.

 

All these brands operate independently and, far from scolding, most posts are simply folks pointing out that it is an error to confuse the cruise line known as Carnival with the quoted company which owns all the brand names.

Edited by Corfe Mixture
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Agree with the OP that we "scolders" should just put our rulers back in the drawer and stop concerning ourselves with the non-issue of someone just saying Carnival when referring to the parent corporation and not the separate cruise line.

I couldn't agree more. Honestly, I always feel badly for those poor unfortunates who misstate that Princess is part of Carnival or owned by Carnival; the main intent of their question or statement gets lost in the ensuing kerfluffle.

 

The fault, if any should be levied, lies with the parent group CCL for naming the umbrella organization nearly identically to the name of one of their owned cruise lines.

 

But it's also important to remember that, regardless of how some might like to believe that Princess has nothing to do with Carnival, or HAL, etc., it's simply not true and has not been true since the purchase many years ago. CCL purchased Princess (and other) cruise lines with economies of scale in mind. Keeping them separate would have hampered that effort.

Edited by PescadoAmarillo
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I couldn't agree more. Honestly, I always feel badly for those poor unfortunates who misstate that Princess is part of Carnival or owned by Carnival; the main intent of their question or statement gets lost in the ensuing kerfluffle.

 

The fault, if any should be levied, lies with the parent group CCL for naming the umbrella organization nearly identically to the name of one of their owned cruise lines.

 

But it's also important to remember that, regardless of how some might like to believe that Princess has nothing to do with Carnival, or HAL, etc., it's simply not true and has not been true since the purchase many years ago. CCL purchased Princess (and other) cruise lines with economies of scale in mind. Keeping them separate would have hampered that effort.

 

Carnival does own Princess. Carnival Corp. that is . So if someone says Carnival owns Princess they are correct as long as they don't say Carnival cruise line owns Princess. It matters not. After cruising both lines many of times there is not much difference.

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CCL purchased Princess (and other) cruise lines .................

 

Actually they didn't 'purchase' Princess (and other) cruise lines.

 

Certainly during the 1990's Carnival purchased a number of lines, including Cunard, HAL and Seabourn using cash obtained when the company was floated on the NYSE in the late 1980's.

 

The deal with P&O Princess (EPIC: POC) was different in that it was a merger.

 

What happened was that, in 2000, POC first demerged its UK ferry business from the cruise operations to create two separate businesses with shareholders receiving one share in each of the demerged business whilst retaining the EPIC POC for the cruise business.

 

The ferry business was then sold to a middle eastern sovereign wealth fund for cash which was all paid out to the shareholders.

 

At the time, it was intended that POC would merge with RCCL, but Carnival jumped in with an alternative merger proposal which offered a much more attractive deal for POC shareholders.

 

Faced with two suitors, and with the late arriving Carnival merger offering much better terms, the directors recommended the merger with Carnival.

 

No money changed hands, which is why it is incorrect to say they ' CCL purchased Princess' and it was all done by converting existing POC shares into newly created CCL shares.

 

The senior executive positions of the newly merged company were variously filled by people from both companies but with Micky Arison, the son of the founder of Carnival becoming CEO of the merged group.

 

However, because of the family history, and the importance of the name Carnival to the Arison family, there was never any doubt that the merged company would be called anything other than Carnival Cruise Corporation which exactly what happened, albeit with the shares of the newly merged company subsequently being traded on both the NYSE and LSE using the EPIC CCL whereas, prior to the merger, whilst POC had traded only on both the LSE and the NYSE, CCL shares were only tradable only on the NYSE.

Edited by Corfe Mixture
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If any cruise aficionados would like a good read on how the modern day cruise industry came to be and all machinations of the cruise line companies... pick up a copy of "Devils on the Deep Blue Sea" by Kristoffer Garin. To me, very interesting.

Edited by BillB48
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