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Carnival Corporation & plc
$100 million pier expansion to add two additional berths, doubling the arrivals at Carnival Cruise Line's highly anticipated, spacious new exclusive destination

Carnival Corporation & plc the world's largest cruise company, announced plans for a $100 million pier extension that will double the arrival capacity of Celebration Key™, Carnival Cruise Line's new exclusive destination scheduled to open on Grand Bahama island in the summer of 2025. In addition to the two berths slated to be complete by 2025, the expansion will add two more berths, with all four capable of handling up to Carnival's largest Excel class ships when complete in 2026. Overall, the expanded cruise pier will accommodate up to four Excel-class ships simultaneously and is projected to welcome nearly 4 million guests annually to Celebration Key by 2028.

The pier extension plans were announced Thursday, February 22 at the 25th Annual Grand Bahama Business Outlook by The Honorable I. Chester Cooper, Deputy Prime Minister and Minister of Tourism, Investments & Aviation in The Bahamas.


Celebration Key – planned with growth in mind 

Designed specifically for Carnival Cruise Line guests with occupancy growth in mind, the Celebration Key footprint has been carefully planned with expansive spaces and abundant attractions to comfortably host the additional guests expected in 2027. Featuring a mile-long, white sand beach, the largest freshwater lagoons in the Caribbean, and a range of dining, shopping and entertainment options, Celebration Key will include five distinct areas, known as portals, providing endless ways for guests to spread out, relax and enjoy their own kind of fun.

With a focus on curating a distinctly Bahamian dining, shopping, and entertainment scene, Carnival Corporation is working closely with Bahamian officials and community leaders to recruit local companies, excursion operators, construction workers and entrepreneurs for the many business and job opportunities the development will generate and sustain. The company also has hired top Bahamian talent for strategic leadership roles in human resources, operations, and community affairs, and is actively recruiting to fill a number of additional senior positions in the coming months.


Significant economic impact for the Bahamas 

With the additional $100 million pier extension investment, the now $600 million flagship project remains the largest of its kind ever undertaken by Carnival Corporation. The initial phase of the project, including the original two berths, is projected to help generate over 700 permanent jobs in the community – including approximately 300 Bahamians hired directly by Carnival Corporation to help welcome 2.2 million guests each year to Grand Bahama starting in 2025.

Once the additional two berths are delivered, Celebration Key is expected to bring up to 4 million guests annually to the Grand Bahama destination by 2028. According to an economic impact study by Tourism Economics, an Oxford Economics company, over the next two decades the project will drive substantial growth in Bahamian employment, gross domestic product (GDP), and government revenue. The study estimates that the development, construction, and ongoing operation of Celebration Key will create over 2,500 direct Bahamian jobs, generate $3.2 billion in incremental revenue to the Government, and contribute $9.7 billion in incremental economic impact to the Bahamas GDP.

Carnival Corporation and Carnival Cruise Line will continue to release additional details, including specifics on exciting features and development milestones for Celebration Key over the coming months.

Feb 24, 2024

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