# Who are Carnival Corporation's customers? Who does Carnival Corporation earn revenue from?
Canonical: https://valuechain.wiki/carnival · Facet: customers · Updated: 2026-09-23T09:58:33.146928+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Carnival Corporation's confirmed revenue counterparties include Expedia Group, Inc. plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 2 revenue edges, backed by 5 dated sources, 2 of them primary filings (as of 2026-09-23).

### OneSpaWorld (high)
- note: OneSpaWorld operates spa and wellness services aboard Carnival group ships under long-term agreements. Carnival cruise brands retain a contractual percentage of guest receipts, making OneSpaWorld a direct onboard-revenue counterparty, although the specific revenue-share rate and amount paid to Carnival are not disclosed.
- [confirms] SEC EDGAR (EN, filing, published 2026-01-27) https://www.sec.gov/Archives/edgar/data/815097/000081509726000007/ccl-20251130.htm: "These goods and services are provided either directly by us or by independent concessionaires, from which we receive either a percentage of their revenues or a fee."
- [confirms] SEC EDGAR (EN, filing, published 2024-02-29) https://www.sec.gov/Archives/edgar/data/1758488/000095017024022654/osw-20231231.htm: "Under the cruise line agreements, guests pay for our services through our cruise line partners, who retain a specified percentage of gross receipts from such sales before remitting the remainder to us."

### 익스피디아 그룹 (mid)  → /expedia-group.md
- note: Expedia Group's Expedia Cruises distributes Carnival cruise inventory through online and agency channels. Carnival identifies travel-agent partners as integral to its long-term distribution network but does not disclose revenue attributable to Expedia.
- [confirms] Expedia Cruises (EN, ir, published 2026-02-02) https://expediafranchise.com/news/expedia-cruises-record-breaking-anchor-meeting/: "The brand set sail aboard the Carnival Celebration from Miami, FL for a seven-night Eastern Caribbean voyage."
- [confirms] SEC EDGAR (EN, filing, published 2026-01-27) https://www.sec.gov/Archives/edgar/data/815097/000081509726000007/ccl-20251130.htm: "Travel agent partners are an integral part of our long-term cruise distribution network and are critical to our success."
- [mentions] Eugene Investment & Securities Research Center (KO, research, published 2025-06-30) https://www.eugenefn.com/common/files/amail/20250630_B45_swlee6591_1011.pdf: "Cruise demand remained resilient despite macroeconomic uncertainty, and most of April's booking weakness had recovered by June."
- [confirms] Carnival Cruise Line (EN, ir, published 2019-05-03) https://www.carnival-news.com/2019/05/03/carnival-cruise-line-hosts-expedia-cruiseshipcenters-national-conference-onboard-carnival-dream-april-6-13: "More than 300 travel professionals got to Choose Fun during Expedia CruiseShipCenters' National Conference April 6-13, 2019, aboard Carnival Dream."

Reverse side: https://valuechain.wiki/carnival/suppliers.md · Ripple: https://valuechain.wiki/carnival/ripple.md

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Full node: https://valuechain.wiki/carnival.md · JSON: https://valuechain.wiki/carnival.json