Carnival's Costa Cruises Pulls Asia Trips as China's Covid Zero Policy Bites.

CRUISE industry; COVID-19; CARNIVAL Corp.; OCEAN travel; FAMILIARIZATION tours; COVID-19 pandemic

(Bloomberg) -- Costa Cruises, a unit of cruising giant Carnival Corp. that targets the nascent Chinese market, is canceling all future Asia departures amid waning expectations Beijing will ease its zero-tolerance Covid policy and border restrictions any time soon. Carnival Joint Venture Carnival, the world's largest cruise company, is a minority stakeholder in a joint venture with state-owned China State Shipbuilding Corp. and operated cruises to serve Chinese guests. [Extracted from the article]

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