Under his leadership, the company has expanded its fleet with the newest and most innovative ships at sea, introduced the companys latest island destination, Harvest Caye in Belize, and significantly strengthened its global footprint. Prior to that, Ms. David held various positions at Bacardi Ltd. over a fifteen year period, including Senior Vice President and Chief Marketing Officer, from 2005 through 2009 and Chief Executive Officer of the U.K., Irish, Dutch and African business from 1999 to 2004. Thank you, Ms. John. And so as we think about that, part of that is enhancing our revenue, enhancing margins, obviously, and rightsizing our cost base. 8:18p So we simply haven't seen any indication that the consumer is shying away from taking cruise vacations, at least not with our 3 brands. Thank you for your patience and understanding. The MACD oscillator is just barely above the zero line. Our basic go-to-market philosophy as we market to fill, we don't discount to fill throughout the pandemic period and coming out of the pandemic period. Frank A. Del Rio has served as Chief Sales and Marketing Officer for Oceania Cruises since March 2022, and as Senior Vice President, Port Destinations and Onboard Revenue from March 2015 through April 2017. In 2023, we have approximately $1 billion of scheduled debt service, the vast majority of which are related to our export credit agency-backed ship financing. Lynn is a CPA with degrees in Accounting and Tax from Penn State University and the University of Miami. 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. In this role, Lindsay is responsible for Marine & Technical Operations, Hotel Operations, Entertainment, Product Development, Port & Destination Services, Fleet Personnel, Out Islands and New Build & Ship Refurbishment for all three of the company's brands Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. Yes, certainly. Kind of what's changed in how you think about hitting that record EBITDA target as it relates to the guided range? Emails to FDR are sent to a guest relations department for response. A sub-minimum wage off shore guest services agent will send you an appropriate Those, by default, have a much higher operating cost than the NCLH average. So this is nothing new. This ramp is continuing through the first quarter of 2023 as we have already achieved 100% occupancy in the quarter, leading to a return to historical levels beginning in the second quarter of 2023 and beyond. Securing this facility provides a backstop for the remaining portion of the non-extending operating credit facility, which matures in January 2024. in English from Connecticut College and has been a Chartered Financial Analyst since 1991. Second, booking momentum is positive, buoyed by a strong start to the year with wave season, and we are pleased with our book position and pricing for 2023. Ms. Byng-Thorne brings her extensive technology sector experience, spanning online gaming, digital media and e-commerce to our Board of Directors. NCL, Assistive The MACD oscillator is just barely above the zero line. Executive Vice President and Chief Financial Officer Norwegian Cruise Line Holdings Ltd. Mark A. Kempa is Executive Vice President and Chief Financial Officer of Norwegian Cruise Line Holdings Ltd., appointed to this position in August 2018. Adjusted net cruise costs, excluding fuel per capacity today was in line with expectations with the second half 2022 decreasing approximately 10% versus the first half as our operations continue to ramp up. THIS WAY PEOPLE CAN SELECT OR CHOSE WHERE THEY WANT TO BE AT THE SAME TIME IN DIFFERENT PLACES WITHOUT STAYING BORED WALKING THROUGH. Andy Stuart is the CEO of NCLsoon to be replaced by Harry Sommers. ONE OF THE NIGHTS I WAS IN OH SHEHANNS BAR AND SAW A WAITRESS MAN THAT PICKED UP THE SPRITE OR CLUB SODA OR THE WATHER THAT COMES OUT FROM THE HOUSE IN THE BAR AND FILLED UP A GLASS FOR A GUEST THAT WAS IN OTHER TABLE (SITED OUT OF THE BAR). 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. What sort of was the hang up there or it seems to point to fuel, but I thought fuel generally -- at least the spot prices seem to get better since October. 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. Web4001200610 ()+852 800 901 951 () WE'LL CALL YOU. Suspendisse ac tellus ultricies, hendrerit neque sit amet, laoreet leo. No credit card required. But the most important reason we did that is we wanted flexibility on the facility. We are hitting our milestones that we've laid out for several quarters now. Bookings must have deposit on them for Premium Air quote. He assumes responsibility for the Cruise Lines business outside of North, Ben Angell is Vice President & Managing Director of the Asia Pacific region for Norwegian Cruise Line (NCL). The fifth and sixth Prima-class ships will be built with approximately a 20% increase in gross tonnage over the Norwegian Prima (142,500 gross tons), which entered service last August. And then second question, Mark, this is probably going to be for you, and it's kind of a quasi accounting question, which I'm not an expert in. free lookups / month. I always say, going green is not free. 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. Oceania Cruises is a cruise line that operates six upper-premium cruise ships on world-wide itineraries. Box 9022Jericho, NY 11753, 4803 Haviland StreetSuite #1Delta. Russell W. Galbut currently serves as the Managing Principal of Crescent Heights, one of Americas largest and most respected residential developers of quality condominiums. Hours of Operation: Monday - Friday: 9:00am 7:30pm HKG Time. Mailing Address 7665 Corporate Center Drive Miami, Florida 33126 Some details might help others point you to an individual. We have almost 50% growth between now and 2028, with our scheduled pipeline of deliveries. & Conditions Package not available on sailings less He also co-founded Luxury Cruise Center, a high-end travel agency specializing in premium and luxury cruise experiences. In 2007, Mr. Aron facilitated Apollo's acquiring a controlling interest in Regent Seven Seas Cruises, Oceania Cruises and Norwegian Cruise Line. Was the consumer feedback in line with sort of what you were hoping for when you earmark that spend or not? Mr. Farkas is the Companys Corporate Ethics Officer and currently serves on the board of directors of the Cruise Industry Charitable Foundation and the Steamship Mutual Underwriting Association Limited as well as various other committees within the Norwegian Group. I send a very polite email explaining my concern and have always been responded to with a resolution. Norwegian Cruise Line CEO says it is unlikely the company will be able to restart US cruises in July. Now at the same time, we're adding 3 new ships and those have to be filled. The 40-week moving average line is bottoming. Now that our phased occupancy ramp is nearly complete, and our loyal guests know that cruising in our brands is back and even better than before, we are squarely focused on how to maximize profitability as we embark on a period of transformational growth. Praesent vel lobortis ipsum. So there is some impact in that overall cost guidance as a result of the mix. degree from Louisiana Tech University. Phone +1*****52. 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. We're confident of where we are, but we think a range is the most appropriate way to go at this point, given all the factors in front of the world as a whole. When you look at the totality of our debt, approximately 40% is ECA back debt. 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). As this has been bumped back up I thought I would update how this was handled. Makes sense. Previously, Ms. Byng-Thorne was Commercial Director and Chief Financial Officer at Fitness First Limited and Chief Financial Officer of the Thresher Group. Mauris eget risus sollicitudin, aliquet ex ut, vehicula urna. 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. in Finance from Florida State University. Okay. This stellar top line performance is reflective of our go-to-market strategy and emphasis on price discipline. WE'LL CALL YOU. I think customers in today's society are used to getting a different level of service. And to what extent there could be further room in coming years? Astuart@ncl.com i have emailed him a few times and have received a response each time. Obviously, you don't want to kill the goose that lays the golden egg, which is the customer. Our overall liquidity position remains strong. The next question comes from the line of Steve Wieczynski with Stifel. When we looked at the platform now that it's in operation, we think we can take that great guest experience, great financial performance and get slightly better economies of scale by driving the ships a little bit bigger, hence, the slight increase for Prima 3 and 4, which will be delivered in '25 and '26. Frank? So maybe just walk us through sort of the undulations of that per diem number. And as you recall and if you look in the past, we were getting -- we had 6 months options, we had 8-month options, 12-month options. Donec nec fringilla ipsum. WebNorwegian Cruise Line Holdings Ltd. employees List of Norwegian Cruise Line Holdings Ltd. employees Search and validate emails & phone numbers from 4305 Norwegian Cruise Line Holdings Ltd. employees Sign Up Norwegian Cruise Line Holdings Ltd. Management Norwegian Cruise Line Holdings Ltd. Employees And this is Harry again. Mr. Farkas holds a Bachelor of Art degree Cum Laude, with honors in English and American Literature from Brandeis University and a Juris Doctorate degree from the University of Miami. Nullam egestas urna eget mauris interdum, consectetur pretium turpis condimentum. We hadn't operated the full fleet in 2 years, 0 revenue for 500 days. Okay. I would now like to turn the conference over to your host, Jessica John, Vice President of Investor Relations, ESG and Corporate Communications. However, when I look at the range, certainly at the midpoint and below, if I'm comparing apples-to-apples would not imply a record EBITDA. Under his leadership the company expanded its global footprint with the opening of several offices around the world and significantly strengthened its international presence. Keep in mind that Frank Del Rio is NOT the CEO of NCL. One is you talked about how the exit rate by Q4 for expense would look a little bit more normalized. And I guess what I'm trying to get at here is I don't want to -- I'm hoping that expectations for yields don't get too ahead of themselves, if all that kind of makes sense. It's only in the lower cabin categories that equate to a lower per diem. It sounded like last summer or last fall, that would not have been the intention at that time, but that's changed. Our goal is not only to rebuild our margins, but over time, continue to enhance them, and we look forward to demonstrating this improvement over the coming quarters. And then my other expense question is on the $1.3 billion in higher new build CapEx. Andrea DeMarco is the President of Regent Seven Seas Cruises, the worlds leading luxury cruise line. Having been active in the urban mixed-use real estate sector for over 35 years, Mr. Galbut and Crescent Heights are a best in class developer with a successful track record of new constructions and renovations. We did, however, achieve another significant milestone in the fourth quarter, generating positive adjusted free cash flow for the first time in 3 years. I'm just trying to figure out if you guys could help us think about what that impact is on that yield side? $15.8 million. She truly looks like nothing we have ever seen before," Harry Sommer, CEO of Norwegian Cruise Line and based in Miami, Florida, told Fox News Digital. The basic NCL contacts (no FDR contact) LINK: https://www.elliott.org/company-contacts/norwegian-cruise-line-ncl/. The combined company operates three leading cruise brands: Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. We do not have a choice there, but that is really just the accounting for it. FDR (or his immediate staff) do NOT read the hundreds of emails sent to his public email address daily. WebAfter the COVID-19 pandemic brought widespread disruption to the travel industry, Norwegian Cruise Line.. World One News Page: Tuesday, 28 February 2023. Areas of focus include business partnerships, benefits, compensation and talent management/succession planning. Norwegian Cruise Line Holdings Ltd. NCLH reported fourth-quarter 2022 results, with earnings missing the Zacks Consensus Estimate and revenues beating the Onboard revenue also continues to be a bright spot with gross onboard revenue per passenger cruise day in the quarter, approximately 25% higher than the comparable 2019 period. 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. Andy or Vivian Ewart, the VP of Passenger Services, are both pretty responsive. And of course, we will not lose sight of our guests, the very heart of our business, and we will continue to prioritize delivering an exceptional guest experience and superior service levels. I want to reiterate that we are committed to rightsizing our cost base and are taking deliberate actions across our business to best position us for the future as a stronger and leaner organization. We use cookies to optimize the website, no personal information is stored. Norwegian Cruise Line CEO Frank Del Rio said Monday he is confident the cruise line operator can safely set sail this summer for the first time in more than a year. E-mail Address for Frank Del Rio (NCL CEO)? In other words, from just a Baltics and Eastern Med disruption last year, how the timing of these more exotic higher-yielding destinations line up to fill that gap on a year-over-year basis? Additional Contacts at Norwegian Cruise Line. After talking to the Accor COO for Europe, as a gesture of goodwill, he upgraded us from the Mercure to the Sofitel Hotel on the seashore on our next trip to Rio, additionally he promised we would be looked after by the hotel manager. So I will leave it there, but what I can tell you is that, that has not been in discussion in any of our Board meetings. I WAS REALLY UPSET WITH THE BARTENDER ATTITUDE. In this role he was responsible for sales, marketing, public relations, business development and office operations for all markets outside of the United States and Canada. From 2004 through 2007, he founded and was the Head of the Specialty Finance Investment business which included principal investing in non-performing loan portfolios and distressed assets. As I mentioned in my prepared remarks, we've seen very, very strong record -- new record booking levels dating back to November. 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