Princess Cruises is a cruise line owned by Carnival Corporation & plc. The company is incorporated in Bermuda and its headquarters are in Santa Clarita, California. As of 2018, it is the second largest cruise line by net revenue. It was previously a subsidiary of P&O Princess Cruises, and is currently under Holland America Group within Carnival Corporation & plc, which holds executive control over the Princess Cruises brand. The line has 18 ships cruising global itineraries that are marketed to both American and international passengers.