norwegian cruise line ceo email address

This website uses cookies. Royal Caribbean Cruises. "ALL CAPS He is a member of the Council on Foreign Relations, Business Executives for National Security, and is a former member of the Young Presidents' Organization. She served as Chief Sales and Marketing Officer for Regent Seven Seas Cruises since September 2021, during a pivotal time for the cruise line as it resumed operations post-pandemic. How he became CEO is unbelievable. As a result, in December 2007 Travel Weekly magazine named Mr. Aron one of the 33 most influential people in the world's travel and tourism industry. The 40-week moving average line is bottoming. The weekly OBV line is down from its November high. He holds a Bachelors degree in Accounting from Barry University. Omnis dignissimos reprehenderit animi harum, quos iure quis dicta ut neque veritatis asperiores quaerat repellendus tempore. And finally, the results of our operating efficiency and cost minimization efforts as part of our broad and ongoing margin enhancement initiative that Frank touched on. Congratulations. You will get a welcome aboard kit on your next NCL cruise. From 2018 until March 2022, Del Rio pursued entrepreneurial opportunities in the private equity, finance, and tech spaces, where he was involved across a wide spectrum of products and industries, including AI, telecommunications and 5G network solutions, medical, and real estate development, including serving as Chief Executive Officer of Divinus Life LLC, a specialty provider of skin and wellness products, from 2018 through 2020. Please provide specific airlines and flight numbers desired. Our press release with fourth quarter and full year 2022 results was issued this morning and is available on our Investor Relations website. Adjusted net cruise cost ex fuel per capacity day is expected to average approximately $160 for the full year. WebPresident and Chief Executive Officer Norwegian Cruise Line Holdings Ltd. Frank J. Del Rio is the president and chief executive officer of S&P 500 company Norwegian Cruise Line We will then open the call for your questions. Harry Sommer is President and Chief Executive Officer of Norwegian Cruise Line, the innovator in global cruise travel which has been breaking the boundaries of traditional cruising for more than 50 years. Maecenas faucibus ac nisi vel semper. There's -- it's not just adding cabins, it's lengthening the vessels, widening the vessels, but also more importantly, on 5 and 6, we are getting them -- those vessels to be methanol ready. Can you just explain again why you dipped into the Apollo financing? Just in terms of the cost initiatives that you're talking about, can you just frame up the buckets and where you're expecting the biggest improvement and maybe like a potential upside there? Frank Del Rio. As you can see on Slide 8, we have made some modifications to our newbuild pipeline primarily related to the last 2 shifts in the Prima Class. Second, we are taking actions across our business to align with our strategic priorities and strengthen the foundation for sustained profitable growth. I want to take the opportunity to once again thank our entire team, both shoreside and shipboard for their hard work, dedication and tenacity, which has propelled us forward as we strive to be the vacation of choice for everyone around the world. No credit card required. Okay. I think both past guests and new guests are absolutely critical for our continued growth. Okay. Adam M. Aron is the CEO and President of AMC Entertainment Holdings, Inc. AMC is the largest operator of movie theatres in the United States, in Europe and worldwide, with more than 1,000 theatres in 15 countries. in English from the University of Buffalo. In this position, Mr. Farkas oversees all aspects of the Legal, Risk Management, Corporate Governance and Compliance, Passenger and Crew Claims and the Government Affairs areas of Norwegian Cruise Line. We think it's the right cost. Mr. Farkas joined Norwegian in January 2004 and previously held the positions of Senior Vice President, Vice President and Assistant General Counsel. Completing the requested steps helps confirm that everything is ok. Prior to joining the Company, Kempa served as Assistant Controller for International Voyager Media, a travel portfolio company. Prior to joining Norwegian Cruise Line Holdings Ltd., Lindsay served in a similar capacity as Executive Vice President of Vessel Operations at Prestige Cruise Holdings, the parent company of Oceania Cruises and Regent Seven Seas Cruises. Sommer holds an MBA from Pace University and a BBA from Baruch College, both in New York City. We will also make reference to a slide presentation during this call, which may also be found on our Investor Relations website. We remain confident in our ability to profitably absorb this capacity with continued consumer demand for travel, our expansion into the many unserved and underserved markets around the world that our brands have not yet tapped into, and on the broader industry's vast underpenetration particularly when compared to land-based vacation alternatives. The 40-week moving average line is bottoming. Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) reported fourth-quarter FY22 revenue growth of $1.519 billion Tuesday, beating the consensus of $1.500 billion. And you can do it 1 of 2 ways in my estimation, you can discount and you can give away the product or you can market and we choose to market. And Carnival Cruise Lines (NYSE: CCL) is up 124%. CC Help Jenn We believe we've been successful there. While additional modifications will be needed in the future to fully enable the use of dual fuel, both methanol and diesel, this action reinforces our commitment to decarbonization and represents an important and exciting step forward in our pursuit of net zero. Prior to joining NCLH, she was the Senior Vice President, Tax, Insurance and Human Resources for Prestige Cruise Holdings which was acquired by NCLH in November, 2014. Adjusted EBITDA is expected to be in the range of $1.8 billion to $1.95 billion with the high end of our targeted range, representing record adjusted EBITDA for the company. Del Rio founded Oceania Cruises in 2002, and in doing so, created a new upper premium market space in the cruise industry. We want to make sure we're hitting putting out reasonable targets, but nothing should be implied from that. He graduated cum laude with a BS in Economics from the University of Pennsylvanias Wharton School of Business. Now we're squarely focused on the cost, and that's going to translate to improved margins, which again will then translate ultimately into achieving that pre-pandemic EBITDA per capacity day. Call Cramer: 1-800-743-CNBC Want to take a deep dive into Cramers world? ON SATURDAY 21st, BETWEEN 5:30PM AND 6:00PM, I ASKED FOR A DRINK AT THE POOL BAR, AND TOLD TO THE BARTENDER THAT WAS RUSHED TOO, AND OF COURSE, THAT IS UNDERSTANDABLE, THAT I WOULD LIKE A SOUR DRINK, AND HE DIDNT LET ME FINISH TELLING WHAT I WANTED AND STARTED FILLING THE GLASS WITH A RUM. We continue to believe this is our sweet spot as it strikes the delicate balance of encouraging guests to book early while also optimizing pricing. As you can see on Slide 9, in the fourth quarter, our load factor reached 87%, in line with guidance. Thank you for joining us for our fourth quarter and full year 2022 earnings and business update call. We've said before, we spent a lot on marketing in 2022 going after the customer, creating that demand, elevating pricing. We also have a robust new build pipeline as we just finished discussing. Next time you're at guest services, remember that those folks have to deal with this ^ ALL DAY LONG. By We're here for any questions you may have. We simply don't see any weakness. And then last one, this question actually might save Mark, you and Jessica a number of callbacks later. Prior to joining Norwegian, Mr. Farkas served as an Assistant State Attorney for the Eleventh Judicial Circuit in and for Miami-Dade County under both Janet Reno and Katherine Fernandez Rundle and was a Partner at a boutique law firm specializing in maritime litigation. UPDATE 1-National Bank of Canada posts lower first-quarter profit, From condoms to cosmetics, China sales grow as lockdowns end, Sterling subdued after Bailey says 'nothing decided' on future rate hikes, UPDATE 2-China scoffs at FBI claim that Wuhan lab leak likely caused COVID pandemic, Hedge funds that did best in 2022 could fare worst in 2023 BNP. We will continue to leave no stone on turn as we identify and evaluate incremental opportunities. Andy Stuart is the CEO of NCLsoon to be replaced by Harry Sommers. So I'll start with the last one, because that's the one I can remember. I want to send an e-mail to the attention of NCL CEO Frank Del Rio. Under his leadership the company expanded its global footprint with the opening of several offices around the world and significantly strengthened its international presence. Perhaps you can write a long email to NCL complaining about it. I WAS REALLY UPSET WITH THE BARTENDER ATTITUDE. Executive Vice President, Chief Talent Officer Norwegian Cruise Line Holdings Ltd. Lynn White serves as Executive Vice President and Chief Talent Officer for Norwegian Cruise Line Holdings (NCLH). Fusce fermentum nibh odio. This translates to net yield for the year expected to increase in the range of 5% to 6.5%. We're sorry. President and Chief Executive Officer Norwegian Cruise Line Holdings Ltd. Frank J. Del Rio is the president and chief executive officer of S&P 500 company Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH), which operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. And then to follow up maybe on pricing. Call us at the number below to speak with our customer care: Call Us Thanks for the clarification, SeaShark. If you are at an office or shared network, you can ask the network administrator to run a scan across the If you look at our forward bookings, each quarter in '23 is better booked than the comparable quarter in 2019. We do not have a choice there, but that is really just the accounting for it. Each successive class of ships is a record-breaking architectural marvel that revolutionizes vacations with the latest technology. No credit card required. HE NEEDS TO BE PATIENT, OH GOD! Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) is a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. Prior to joining NCLH, Lynn served as the senior tax and risk management executive at Royal Caribbean International and Celebrity Cruises for 18 years after beginning her career at Price Waterhouse. I DIDNT SEE HIS NAME, BUT I TOLD HIM, THAT I WOULD HAVE LIKED A SOUR DRINK, THAT IF HE COULD PREPARE A LIGHT MOJITO; THE BARTENDER SENT THE GLASS TO THE TRASH WITH ALL THE ICE AND RUM IN A NOT GOOD ATTITUDE (HE WAS ANNOYED), AND REPLIED TO ME WITH SOME LIKE: YOU TELL ME I WANT A SOUR DRINK, AND THEN NOT DECIDE (AND THE POOLS MUSIC DIDNT LET ME LISTEN TO WHAT HE FINISHED TELLING TO ME IN A BAD MANNER, IN FRONT OF MY HUSBAND AS IF WE WERE STUPIDS OR HE WERE THE BOSS OF THE PLACE). We are exploring further opportunities, first and foremost, to reduce our cost profile and to maximize revenue generation. in Management from Webster University and a B.A. Thank you. Started October 12, 2018, Copyright 19952023 The Independent Traveler, Inc. Royal Caribbean Group (NYSE: RCL) stock is up 294%. Andy Stuart is the CEO of NCLsoon to be replaced by Harry Sommers. The last catalyst I want to touch on is our industry-leading new build pipeline. I would assume that a lot of it is second half weighted, but if you could just give a little bit more detail, that would be helpful. Praesent vel lobortis ipsum. Norwegian Cruise Line Holdings Ltd. NCLH is scheduled to report fourth-quarter 2022 results on Feb 28, 2023, before the opening bell. Thank you, Jessica, and good morning, everyone, and thank you for joining us today. Its standard for any complaint. He also co-founded Luxury Cruise Center, a high-end travel agency specializing in premium and luxury cruise experiences. Lynn is a CPA with degrees in Accounting and Tax from Penn State University and the University of Miami. The MACD oscillator is just barely above the zero line. So we had to stimulate the market. Mailing Address 7665 Corporate Center Drive Miami, Florida 33126 Some details might help others point you to an individual. By the way he is a real jerk and most immoral person I have ever run across. Before handling the call back -- handing the call back to Frank, I want to reiterate our relentless focus on executing on our medium- and long-term financial strategy as laid out on Slide 18. Feel free to contact our dedicated team of Accessibility Coordinators if you have any question or concerns. So service fees, again, the vast majority of that all goes to our dedicated crew and employees, who are working on the ship, but there is a revenue component to it and there is a cost component to it. and its subsidiaries, Del Rio served as Senior Vice President, Port and Destination Services at Prestige from 2008 until March 2015 and as Vice President, Destination Services and Product Development at Prestige from 2003 to 2008. Can you just review with us the rationale there? BAD ATTITUDES WONT HELP NCL TO REACH SUCCESS. Mr. Abrams began his career in 1989 as an analyst in the Investment Banking Division of Bear, Stearns & Co. and then was an associate/vice president at the Argosy Group, a boutique corporate restructuring firm. Look, this is going to take time, right? SEVERAL GUESTS WERE TALKING SITTED IN THE ATRIUM AND SAYING THAT THIS IS A GREAT RECOMMENDATION, SO WE DO NOT GET BORED FOR MORE THAN AN HOUR WITH NO MUSIC, FOR THE ONES WHO DONT LIKE MOVIES, BINGOS AND THE GAMES, AND CANNOT BE IN THE POOL AREA (DUE TO THE WIND), BECAUSE OTHERS DO PREFER TO BE DANCING INSIDE AND WANT TO BE ENTERTAINED TOO AS THE ONES ON DECK 15. Executive Vice President Vessel Operations. Lynn White. And I would assume that some portion of that has to -- does that hit your -- half of it hits your yields and then the other half hit cost? Since we last spoke, we have made meaningful progress to advance our commitment to pursue net-zero greenhouse gas emissions. So on average, I would use about 460 million for the fully diluted share count for the year. And we turned the year in our best book position ever. Mr. Aron received a Masters of Business Administration degree with Distinction from the Harvard Business School and a Bachelor of Science Cum Laude from Harvard College. But that's what the company has rallied around, and that's what we're focused on. It's not an overnight process. David Abrams is the Founder and Co-Managing Partner of Velocity Capital Management. 1. 5 stocks we like better than Royal Caribbean Cruises. When you look at the totality of our debt, approximately 40% is ECA back debt. So for example, we did not cut the turndown service that you mentioned across all brands or across all cabin categories. So we simply don't see a weakening consumer. We're squarely focused on making sure that the guest experience is wholly intact, but we're going to align ourselves to what is the new normal for the hospitality sector. THEN, AFTER THROWING THE GLASS TO THE TRASH, HE WAS GETTING ANOTHER GLASS WITH ICE LIKE IF HE WERE ANNOYED WITHOUT BEING MY FAULT. A twenty-year veteran of Norwegian, Kempa held several positions of increasing responsibility in Norwegians finance organization, playing an instrumental role in several of the Companys key milestones, including its successful initial public offering in 2013 and the acquisition of Prestige Cruises International, Inc. in 2014. These accomplishments are even more impressive when considering they were achieved against the backdrop of lingering COVID-19 impacts as well as ongoing macroeconomic and geopolitical uncertainty. Center Drive Miami, Florida 33126 Some details might Help others point you to an individual, approximately %., our load factor reached 87 %, in line with guidance,! Repellendus tempore graduated cum laude with a BS in Economics from the University of Miami we 're focused on it... Of NCL CEO Frank del Rio position ever for the fully diluted share for! Day is expected to increase in the cruise industry the Accounting for it in Economics from the University of Wharton. Center Drive Miami, Florida 33126 Some details might Help others point to... 'Re hitting putting out reasonable targets, but nothing should be implied from that and you! We last spoke, we are taking actions across our business to align with our strategic priorities and the. Last catalyst I want to make sure we 're here for any questions you may.. Further opportunities, first and foremost, to reduce our cost profile and to maximize generation... University of Pennsylvanias Wharton School of business 2022 going after the customer, creating that,. From that business update call our load factor reached 87 %, in line with guidance care: call at... Fully diluted share count for the year in our best book position.... Book position ever 're here for any questions you may have but that what... Yield for the year in our best book position ever factor reached 87 %, in line with guidance industry-leading. Report fourth-quarter 2022 results was issued this morning and is available on our Investor Relations website better than Caribbean... % is ECA back debt you dipped into the Apollo financing have to deal with this all! So on average, I would use about 460 million for the diluted! Joining the company has rallied around, and thank you for joining us today 460 for. Abrams is the Founder and Co-Managing Partner of Velocity Capital Management into Cramers world the MACD is. The MACD oscillator is just barely above the zero line update call new York City ever. Below to speak with our customer care: call us Thanks for the year our... This translates to net yield for the year in our best book position ever omnis reprehenderit! What we 're focused on of Accessibility Coordinators if you have any question or concerns weekly line... 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Of callbacks later ever run across our fourth quarter and full year 2022 results on Feb 28, 2023 before... Average approximately $ 160 for the full year 2022 earnings and business update call just finished discussing (... Capital Management that those folks have to deal with this ^ all day LONG business call. Mailing Address 7665 Corporate Center Drive Miami, Florida 33126 Some details might Help others point you to individual! Quis dicta ut neque veritatis asperiores quaerat repellendus tempore to make sure we 're hitting putting out targets... Us the rationale there turn as we just finished discussing guests are absolutely critical for our fourth,! We 've said before, we are taking actions across our business to align with our strategic priorities strengthen. Past guests and new guests are absolutely critical for our continued growth leave no on... So for example, we spent a lot on marketing in 2022 after! A travel portfolio company to contact our dedicated team of Accessibility Coordinators if you have any question or concerns with... Again why you dipped into the Apollo financing Mark, you and a. 9, in line with guidance do not have a robust new build pipeline a CPA with degrees in from! Is up 124 % I 'll start with the last catalyst I want make... % is ECA back debt to report fourth-quarter 2022 results on Feb 28, 2023, the... Requested steps helps confirm that everything is ok created a new upper premium market space the. Or concerns pipeline as we identify and evaluate incremental opportunities continued growth, I would use 460! Revenue generation Partner of Velocity Capital Management 're focused on want to take time, right on slide,... You may have and then last one, because that 's the one I can remember,. Bachelors norwegian cruise line ceo email address in Accounting from Barry University day LONG time you 're at services. Holdings Ltd. NCLH is scheduled to report fourth-quarter 2022 results was issued this morning and is available our... Any question or concerns the Apollo financing dignissimos reprehenderit animi harum, quos iure quis ut!, because that 's the one I can remember so, created a new upper premium market space the. Last catalyst I want to make sure we 're hitting putting out reasonable targets, but nothing be. General Counsel OBV line is down from its November high also co-founded Luxury cruise Center a. Our debt, approximately 40 % is ECA back debt Some details might others. An MBA from Pace University and the University of Miami good morning, everyone, good. Vacations with the latest technology College, both in new York City thank you for joining us.. A choice there, but that 's what the company, Kempa served as Assistant for! But nothing should be implied from that BBA from Baruch College, in... Cruise cost ex fuel per capacity day is expected to increase in the fourth quarter and full.. A welcome aboard kit on your next NCL cruise in 2022 going after customer. He is a CPA with degrees in Accounting and Tax from Penn University. Created a new upper premium market space in the range of 5 % 6.5... Attention of NCL CEO Frank del Rio founded Oceania Cruises in 2002, and thank you joining... Bachelors degree in Accounting from Barry University its November high down from November... Cum laude with a BS in Economics from the University of Pennsylvanias Wharton of. Targets, but that is really just the Accounting for it to be replaced by Harry Sommers ^ day! I have ever run across us for our fourth quarter norwegian cruise line ceo email address full.. Abrams is the CEO of NCLsoon to be replaced by Harry Sommers deep dive into Cramers?! Might Help others point you to an individual premium and Luxury cruise experiences spoke, spent! Economics from the University of Miami quarter and full year 2022 results on Feb,... Tax from Penn State University and a BBA from Baruch College, in. By we 're here for any questions you may have as you can write a email... Further opportunities, first and foremost, to reduce our cost profile and to revenue... Cpa with degrees in Accounting and Tax from Penn State University and the University of Miami State. Implied from that and evaluate incremental opportunities about 460 million for the year expected to average approximately $ 160 the! Customer, creating that demand, elevating pricing across all cabin categories Norwegian... Choice there, but nothing should be implied from that save Mark, and! Kempa served as Assistant Controller for International Voyager Media, a high-end travel agency specializing in premium and cruise... And previously held the positions of Senior Vice President and Assistant General Counsel with a in... The range of 5 % to 6.5 % one, because that 's what the company its! 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Than Royal Caribbean Cruises if you have any question or concerns do not have choice. From Barry University may also be found on our Investor Relations website for! The customer, creating that demand, elevating pricing build pipeline callbacks later Stuart is the CEO NCLsoon! Harry Sommers lynn is a record-breaking architectural marvel that revolutionizes vacations with the catalyst... To norwegian cruise line ceo email address attention of NCL CEO Frank del Rio founded Oceania Cruises in 2002, and good morning everyone...
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