How many people went to Carnival 2023?

An annual festival full of colour, music and life, Brazil's Rio Carnival 2023 kicked off on February 17. Often described as the “world's biggest party”, it is expected to be attended by more than 40 million people this year, according to local authorities' estimates.



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Carnival is a worldwide celebration that usually takes place from February to early March. This holiday season is a chance for people to participate in masquerade parades, listen to the lovely carnival song, watch the street performers playing music, and take part in entertaining games in the carnival funfair.

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The world's largest cruise line operator is trading 126% higher in 2023. It might not be too late to hop aboard. The waves keep rising for Carnival (CCL -6.60%). Shares of the world's largest cruise line operator have more than doubled this year, and the Wall Street accolades keep coming.

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Carnival requires that all passengers in a cabin are 21 or older or that at least one person in the cabin is 25 or older. An exception may be made for underage married couples, as long as they are both 18.

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Carnival stock is not keeping up with soaring revenue Carnival's business performs much better than its stock performance would suggest. Carnival reported record revenue in the most recent quarter of $6.8 billion, but the stock is still in the bargain bin.

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With shares down almost 80% over the previous five years, Carnival Corporation (CCL -0.53%) has been a punishing investment for many long-term shareholders as it has grappled with headwinds like the COVID-19 pandemic, inflation, and rising interest rates.

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