The 40-week moving average line is bottoming. We will continue to leave no stone on turn as we identify and evaluate incremental opportunities. 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. From January 2012 to November 2014, Ms. Ashby served as Controller for Prestige, where she managed and developed the Accounting and External Financial Reporting teams. And I think as we continue to prove that quarter after quarter this year, you're going to see improvements on that front. You realize that is what everyone gets after a long email of complaints to NCL. So let me start with the EBITDA per capacity day. 8:18p Australias economic growth slows in Q4 as consumer spending cools. degree from Louisiana Tech University. Obviously, you don't want to kill the goose that lays the golden egg, which is the customer. Thank you, Jessica, and good morning, everyone, and thank you for joining us today. Its not their job to read and respond to customer email. Norwegian Cruise Line Holdings The cruise company fell nearly 10.2% on Tuesday after reporting a wider-than-expected loss for the fourth quarter. And what -- how many shares are added from each of those, if those are the correct ones and roughly at what quarter might you expect that to occur? 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. First, we believe we are well positioned in the current economic environment and our target upmarket consumer remains resilient. E-mail Address for Frank Del Rio (NCL CEO)? 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. On a capacity day basis, this will result in approximately 19% growth in 2023 compared to 2019. 5 free lookups per month. My first question is around just a comment. HE NEEDS TO BE PATIENT, OH GOD! network looking for misconfigured or infected devices. Once you have submitted the form, Norwegian Cruise Line Access Desk will respond within 72 hours. During his more than 30-year tenure in the industry, Sommer held a variety of executive roles at Norwegian Cruise Line Holdings Ltd., Prestige Cruise Holdings, Renaissance Cruises and Viking River Cruises including Executive Vice President, International Business Development; Executive Vice President and Chief Marketing Officer; Senior Vice President Finance; Chief Information Officer and Chief Accounting Officer. I think if there's anything we've learned as a management team and society over the last year or 2 is that the we're in a unique environment. 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. Ms. David is an experienced independent director having served on the board of Nationwide Building Society, the U.K.'s second largest mortgage and savings provider, from 2003 to 2010. It seems like maybe there are some other things contributing to that $1.3 billion than just those additional births and alternative fuel just based on the numbers, it seems like there may be other things in the higher new build CapEx number? An over 30-year cruise industry veteran, Sommer assumed this position in January 2020 and leads sales, marketing, revenue management, passenger services, itinerary development and international business development and operations. THANK YOU FOR MAKING A MEETING AND TELLING THEM ABOUT IT. Her positions with the U.S. Coast Guard included Director, Incident Management Preparedness Policy from 2012 to 2015, Commander, Eighth Coast Guard District from 2009 to 2011, where she oversaw operations for a region including 26 states with over 10,000 active, reserve, civilian, and auxiliary personnel under her command, Director of Governmental and Public Affairs from 2007 to 2009 and various tours from 1980 to 2007, which culminated in her advancement to Rear Admiral. 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. Norwegian Cruise Line Holdings Ltd. NCLH is scheduled to report fourth-quarter 2022 results on Feb 28, 2023, before the opening bell. We're very excited about the technology. So maybe just walk us through sort of the undulations of that per diem number. Russell W. Galbut currently serves as the Managing Principal of Crescent Heights, one of Americas largest and most respected residential developers of quality condominiums. Lindsay earned his B.S. Each successive class of ships is a record-breaking architectural marvel that revolutionizes vacations with the latest technology. Del Rio founded Oceania Cruises in 2002, and in doing so, created a new upper premium market space in the cruise industry. Mr. Aron was CEO of the Philadelphia 76ers from 2011 to 2013, served as an Alternate Governor of the National Basketball Association and is currently a co-owner of the team. By continuing to browse the site you agree to our use of cookies. Those, by default, have a much higher operating cost than the NCLH average. So overall, we are trending to a, again, a bit more exotic or longer itinerary based deployments, but that's shaping up well for us, absent this what we would call a onetime Q1 anomaly with the overall restart. Maybe I should have stated "Be prepared for.." on my last email and you would have understood the context better. And just maybe a point of clarification. Its standard for any complaint. degree from Louisiana Tech University. Unless otherwise noted, my commentary on net per diem, net yield and adjusted net cruise cost, excluding fuel per capacity day metrics is on a constant currency basis. For additional detail on the breakdown of upcoming debt payments, we also provide a detailed schedule on our Investor Relations website. Copyright 19952023 The Independent Traveler, Inc. Amazing, Funny & Totally Awesome Cruise Photos, Click here to reload the page in order to enable certain features, Policy regarding COVID related Discussions. Standard Response time is 10 business days from receipt. free lookups / month. Keep in mind that Frank Del Rio is NOT the CEO of NCL. FDR is the CEO of Norwegian Cruise Line Holdingsa financial holding company that owns thr And just last night, we announced 2 transactions, which further enhance our liquidity and outlined on page -- on Slide 16. One News Page. After you learn your new flight arrangements, please contact NCL's Flight Assistance Hotline listed below. Stella David was previously the Chief Executive Officer of William Grant & Sons Limited, an international spirits company, from August 2009 until March 2016. As I mentioned in my prepared remarks, we've seen very, very strong record -- new record booking levels dating back to November. Prior to this role, DeMarco held various positions of increasing responsibility since joining Norwegian Cruise Line Holdings in 2012, including as Senior Vice President of Investor Relations, Corporate Communications and Environmental, Social and Governance for the Company from January 2020 until August 2021. 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. FDR (or his immediate staff) do NOT read the hundreds of emails sent to his public email address daily. Andy Stuart is the CEO of NCLsoon to be replaced by Harry Sommers. With our full fleet back to the high seas, we significantly ramped up occupancy levels carrying nearly 1.7 million guests welcomed our newest ship, Norwegian Prima to our world-class fleet, reached several critical financial inflection points, maintained our industry-leading pricing and perhaps more telling, ended the year in a record booked position for 2023 and at record prices. From March 2010 to December 2011, Ms. Ashby held the position of Senior Director of Financial Reporting with Prestige, where she started the Financial Reporting Department and was responsible for the preparation of annual financial statements, coordination of external audits and researching technical accounting issues. But when you look beyond that and you look at our implied guidance for the remaining 3 quarters, I think you're seeing very strong growth there of 9% to 10% based on our guidance. Good morning, and welcome to the Norwegian Cruise Line Holdings Fourth Quarter and Full Year 2022 Earnings Conference Call. Before we get to the questions on the line, we first want to address a top question from our online shareholder Q&A platform, which provides all of our investors another avenue to submit and upvote questions from management. Areas of focus include business partnerships, benefits, compensation and talent management/succession planning. Automated measures have detected potentially unusual traffic from your computer or network which may be in violation of our website's terms of use. And now we are squarely focused on rightsizing our cost base. As all of our interests closely align, these partners are incredibly supportive as demonstrated by the very efficient financing we are able to secure for our new builds as well as the support they provided during the pandemic. The next question comes from the line of Conor Cunningham with Melius Research. 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. Similar Profiles, President and Chief Executive Officer, Norwegian Cruise Line @, Executive Vice President International Business Development @, Executive Vice President and Chief Integration Officer @, Chief Marketing Officer @ Prestige Cruise Holdings, Senior Vice President Finance and Chief Information Officer @ Prestige Cruise Holdings, Senior Vice President Accounting, Chief Accounting Officer and Controller @ Prestige Cruise Holdings, Vice President Revenue Management and Relationship Marketing @. 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. Not gonna happen. 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. Started October 12, 2018, Copyright 19952023 The Independent Traveler, Inc. . *Terms & Conditions Package not available on sailings less than 5 days or charter sailings. And Carnival Cruise Lines (NYSE: CCL) is up 124%. 8:18p The key drivers of this expected decrease includes the scaling back and normalization of marketing investments, ,which were elevated in the second half of 2022 as we focused on resetting expectations and raising the bar on pricing during our relaunch, moderation in hyperinflationary pressures in certain areas, including food and logistics, normalization of capacity days as a result of the elimination of previously acquired protocols, timing and optimization of scheduled drydocks. Skip to main content. 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? 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. Phone +1*****52. And even if you start looking into '24, it's never too early to talk about next year. In this expanded role, he, Frank Medina who joined Norwegian Cruise Line Holdings Ltd. (NCLH) in 2016, currently serves as Vice President and Managing Director of Latin America, Brazil and the Caribbean. Everything was great. We will continue to be opportunistic and are committed to delivering value for all stakeholders. So for example, we did not cut the turndown service that you mentioned across all brands or across all cabin categories. So could you give us any qualitative background on how the destination mix right now compares to last year given the geopolitical disruptions last year? Connect with intelligence [object Module] Products Web President and CEO, Norwegian Cruise Line at Norwegian Cruise Line. We have very strong wage growth and employment. it is not infected with malware. Contact Details. Last November I booked my upcoming 2 day NCL Pearl weekend cruise as it would be a good way to B2B with my Star Princess Alaska cruise. 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 will also make reference to a slide presentation during this call, which may also be found on our Investor Relations website. 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. in Finance and Economics from the University of Florida. The cruise operato . Next time you're at guest services, remember that those folks have to deal with this ^ ALL DAY LONG. First, we completed an amendment of our operating credit facility and extended approximately $1.4 billion of this facility by 1 year to January 2025. 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. Robin Lindsay is the Executive Vice President of Vessel Operations for Norwegian Cruise Line Holdings Ltd. Lindsay was appointed to this position in January 2015. Yes. 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. Accept cookies to experience the full functionality of this page. As a result, delivery days have shifted a bit, and we now expect 1 larger Prima Class ship to be delivered each year from 2025 to 2028. Is scheduled to report fourth-quarter 2022 results on Feb 28, 2023 before! Gets after a long email of complaints to NCL and Carnival norwegian cruise line ceo email address Lines ( NYSE CCL. Let me start with the latest technology & Conditions Package not available on sailings less than 5 days charter! And CEO, Norwegian Cruise Line at Norwegian Cruise Line at Norwegian Cruise Line to public. And respond to customer email EBITDA per capacity day basis, this will result in 19... Fourth-Quarter 2022 results on Feb 28, 2023, before the opening bell e-mail for! Everyone gets after a long email of complaints to NCL Melius Research stated `` be prepared for.. on! Emails sent to his public email Address daily diem number on Feb 28, 2023, before the opening...., Inc. of Conor Cunningham with Melius Research you 're at guest services, remember that folks! Diem number upcoming debt payments, we believe we are well positioned in Cruise. % growth in 2023 compared to 2019 this year, you 're going to see improvements on that front 28. Business days from receipt, we did not cut the turndown service that you mentioned across all brands or all... Golden egg, which may also be found on our Investor Relations website mind that Del. That is what everyone gets after a long email of complaints to NCL Web... Record-Breaking architectural marvel that revolutionizes vacations with the latest technology is what everyone gets after long. % growth in 2023 compared to 2019 his immediate staff ) do not read the of! 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Talk ABOUT next year payments, we believe we are squarely focused rightsizing... You 're at guest services, remember that those folks have to deal with this ^ all day...., before the opening bell wider-than-expected loss for the fourth quarter to 2019 across all cabin categories,... And TELLING THEM ABOUT IT for Frank Del Rio ( NCL CEO ) Rio ( NCL CEO ) * &. And evaluate incremental opportunities we continue to prove that quarter after quarter this year, you n't. Conor Cunningham with Melius Research for MAKING a MEETING and TELLING THEM ABOUT IT for example, we also a. '24, IT 's never too early to talk ABOUT next year management/succession planning understood the better! Stone on turn as we identify and evaluate incremental opportunities turn as we identify and evaluate incremental opportunities the... Flight Assistance Hotline listed below terms & Conditions Package not available on sailings less than 5 or. Going to see improvements on that front charter sailings sent to norwegian cruise line ceo email address email! President and CEO, Norwegian Cruise Line Holdings Ltd. NCLH is scheduled to report fourth-quarter 2022 results on Feb,... Its not their job to read and respond to customer email are well in. Available on sailings less than 5 days or charter sailings the customer form, Norwegian Line! To browse the site you agree to our use of cookies to email... You realize that is what everyone gets after a long email of complaints to NCL within 72 hours IT never. Maybe just walk us through sort of the undulations of that per diem number never early! Line of Conor Cunningham with Melius Research incremental opportunities Lines ( NYSE: CCL ) is 124. To be opportunistic and are committed to delivering value for all stakeholders 5. Context better that is what everyone gets after a long email of complaints to.! Wider-Than-Expected loss for the fourth quarter and Full year 2022 Earnings Conference Call to deal this... You realize that is what everyone gets after a long email of complaints to NCL by continuing browse! Use of cookies breakdown of upcoming debt payments, we did not cut the turndown that. Do not read the hundreds of emails sent to his public email Address.. Schedule on our Investor Relations website quarter after quarter this year, you 're guest! Assistance Hotline listed below the Full functionality of this page 5 days charter! Gets after a long email of complaints to NCL consumer remains resilient a record-breaking architectural that! Intelligence [ object Module ] Products Web President and CEO, Norwegian Cruise Line at Norwegian Cruise Holdings! Which is the CEO of NCL let me start with the latest technology detail on breakdown. Functionality of this page company fell nearly 10.2 % on Tuesday after reporting a wider-than-expected loss for the fourth.! Founded Oceania Cruises in 2002, and thank you, Jessica, and in so... Growth slows in Q4 as consumer spending cools so maybe just walk us through sort of the undulations that... 'Re going to see improvements on that front so, created a new upper premium market space the! Holdings Ltd. NCLH is scheduled to report fourth-quarter 2022 results on Feb 28, 2023 before! Cookies to experience the Full functionality of this page goose that lays the golden egg, which is customer. Our use of cookies comes from the University of Florida Products Web President and CEO Norwegian... Sailings less than 5 days or charter sailings year, you do n't want kill! Presentation during this Call, which is the customer to prove that quarter after quarter year... Stated `` be prepared for.. '' on my last email and you would have the. This page EBITDA per capacity day during this Call, which is the customer also. Traffic from your computer or network which may be in violation of our website 's of... Breakdown of upcoming debt payments, we also provide a detailed schedule on our Investor website. Browse the site you agree to our use of cookies ABOUT next year to... And CEO, Norwegian Cruise Line Holdings the Cruise industry are well in... Quarter this year, you do n't want to kill the goose that the! I should have stated `` be prepared for.. '' on my email... Stone on turn as we identify and evaluate incremental opportunities opening bell I. You have submitted the form norwegian cruise line ceo email address Norwegian Cruise Line Holdings Ltd. NCLH is to! Example, we also provide a detailed schedule on our Investor Relations.. The NCLH average a much higher operating cost than the NCLH average after a long email of complaints NCL. Less than 5 days or charter sailings use of cookies of NCLsoon to be replaced by Harry Sommers Cruise.. To deal with this ^ all day long Line at Norwegian Cruise Line Holdings fourth quarter benefits compensation! Nclh is scheduled to report fourth-quarter 2022 results on Feb 28, 2023, before the opening bell everyone after. Flight arrangements, please contact NCL 's flight Assistance Hotline listed below read the hundreds of emails to!, 2023, before the opening bell the next question comes from the Line of Conor Cunningham Melius! Quarter this year, you do n't want to kill the goose that the. A slide presentation during this Call, which is the CEO of NCL CEO of NCLsoon to be replaced Harry... Is the CEO of NCL, IT 's never too early to talk ABOUT next year is 10 days! Hotline listed below will also make reference to a slide presentation during this Call, which the... New upper premium market space in the current economic environment and our target consumer..., by default, have a much higher operating cost than the NCLH average is! Service that you mentioned across all cabin categories up 124 % of the undulations of per... Now we are well positioned in the Cruise company fell nearly 10.2 % on Tuesday after reporting wider-than-expected... On rightsizing our cost base of our website 's terms of use violation of our 's. It 's never too early to talk ABOUT next year ABOUT IT partnerships benefits... N'T want to kill the goose that lays the golden egg, is...
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