norwegian cruise line ceo email address
, NORWEGIAN EPIC 2023 (JANUARY 15 TO 22, 2023). Global Edition. For housekeeping, this does not include the enhancement to future liquidity, we obtained with the $300 million undrawn commitment as it is currently not available to draw. Can you just review with us the rationale there? We believe that the -- we're trying to balance what customers pay, what they actually pay for and what they receive. Lindsay earned his B.S. So again, the key is to deliver a fantastic guest experience and see what we can do to leverage scale and become more decarbonized along the way. First, we were focused on taking the necessary measures to withstand a prolonged and unprecedented period of disruption by minimizing cash burn, raising capital, enhancing our health and safety programs to adapt to a rapidly evolving public health environment and advocating for the industry to restart cruise operations. 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. It's only in the lower cabin categories that equate to a lower per diem. And this is Harry again. James, it's Mark. But the most important reason we did that is we wanted flexibility on the facility. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Our team continually push forward to this challenging transition year, achieving several significant milestones on our road to recovery and preparing for the next chapter of our storied brands. This includes a broad and ongoing initiative we began in the fourth quarter to improve operating efficiencies and to rightsize our cost base so that we can rebuild and enhance our margins. But on a PCD basis, marketing costs will come down as a result of the dynamics that just laid out. And also, along with that, if you could just maybe give a little bit more color on the cost efficiencies, total amount, the time that they're going to be achieved? In recent months, we also addressed a large portion of our 2024 maturities. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Can you just remind us which -- I think it's the May '24 and August '25 and how many if that's correct? 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. Regarding new builds, look, the -- we're increasing the size of 4 vessels pretty significantly by, I think, it's more than 10% on 3 and 4 and almost more than 20%. I'll be back with closing comments a little later. To share any questions or concerns with our guest experience team after your cruise, please click below. Up to 5 On arrival, the manager greeted up personally and we were told he had been further upgraded us to the penthouse apartment on the top floor, this apartment was amazing, two bedroom, fabulous uninterrupted views ofsugarloaf mountain, an incredible two bedroom luxurious experience. New CEO for Norwegian Cruise Line, Harry Somer. 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? Yes but I have always gotten a response from somebody when I have used Andy Stuart email address. I send a very polite email explaining my concern There is a cost to it, but we think this is a good cost. I would now like to turn the conference over to your host, Jessica John, Vice President of Investor Relations, ESG and Corporate Communications. You realize that is what everyone gets after a long email of complaints to NCL. Before we wrap up our prepared remarks, I'd like to provide an update on our global sustainability program, Sail & Sustain, which Slide 19 outlines a few key highlights. She has an MA in Management from Glasgow University and an MSc in Behavioural Change from Henley Business School. Our comments may also reference non-GAAP financial measures. Under his leadership the line has grown from a fledgling start-up with one 684-passenger ship to a dominant player in the upscale cruise market with six ships totaling 5,300 berths, including the addition of two highly acclaimed 1,250-passenger sister ships, Marina and Riviera. Automated measures have detected potentially unusual traffic from your computer or network which may be in violation of our website's terms of use. We continue on our path of hitting our guidance that we've just issued, and we feel good about our overall liquidity and balance sheet position where it stands today, but there's a lot of work to do. 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. One News Page. Previously, Sommer served as President, International for the companys portfolio of award-winning brands including Norwegian Cruise Line, Oceania Cruises and Regent seven Seas Cruises. Was it the cost, the guest experience, something else? And the next question comes from the line of Patrick Scholes with Truist Securities. 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 So Patrick, nothing has changed. And it was really just truing up some of our year-end accruals and making sure that going into the year, we were fully stock, so to speak, to ensure that we had no lagging issues affecting our 2023 performance. She was responsible for the significant growth of the business and in particular their premium and luxury brands and for leading the companys expansion into new markets. 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 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. 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. And Carnival Cruise Lines (NYSE: CCL) is up 124%. By continuing to browse the site you agree to our use of cookies. 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. And that assumes that the 2027 convertibles are converted in cash, which we've been saying from the get-go. Price was decent. THANK YOU FOR MAKING A MEETING AND TELLING THEM ABOUT IT. Currently working as Senior Business Development Director Tour Operators US at Norwegian Cruise Line in California, United States. Norwegian Cruise Line Holdings The cruise company fell nearly 10.2% on Tuesday after reporting a wider-than-expected loss for the fourth quarter. 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. ROYAL CARIBBEAN DOES THIS STYLE OF CONCURRENT PARTIES, SO ON POOL DECK THEY HAVE DANCING PARTIES, AND AT THE SAME TIME, ON OTHER LOCATIONS. Lynn is a CPA with degrees in Accounting and Tax from Penn State University and the University of Miami. 5 free lookups per month. I want to ask -- Frank, this is probably for you. than 5 days or charter sailings. It is a progression. Vestibulum vel imperdiet lacus, ut elementum nisi. Perhaps you can write a long email to NCL complaining about it. Certainly. WebEstela Farina is the Brazil managing director for Norwegian Cruise Line Holdings, Ltd., overseeing the sales strategies across the companys three brands, Norwegian Cruise And I think as we continue to prove that quarter after quarter this year, you're going to see improvements on that front. Taking all of this into account, adjusted EBITDA for the first quarter is expected to be approximately $195 million and adjusted EPS is expected to be a loss of approximately $0.45. When you look at the totality of our debt, approximately 40% is ECA back debt. Harry Sommer Email Address. Executive Vice President, General Counsel and Assistant Secretary Norwegian Cruise Line Holdings Ltd. Daniel S. Farkas is the Executive Senior Vice President and General Counsel of Norwegian Cruise Line Holdings Ltd. I think you're thinking about it correctly, somewhere in the low teens is probably where we would look vis-a-vis 19%, but again, we are squarely focused on. These announcements create excitement, not just among loyal guests, but also to new brand and even new to cruise guests. For the second half of 2022, adjusted EBITDA was nearly breakeven. Thank you, Frank, and good morning, everyone. Site. My commentary today will focus on our fourth quarter 2022 financial results, 2023 guidance and the progress on our financial recovery. Mr. Aron has previously served as President and CEO of Norwegian Cruise Line, Chairman of the Board and CEO of Vail Resorts, Senior Vice President of Marketing for United Airlines and Senior Vice President-Marketing for Hyatt Hotels Corporation. And I hope that makes sense, what I just asked. Del Rio assumed this role in January 2015. DeMarco earned an M.B.A. in Finance from Florida International University and a B.S. 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 there's obviously some direct cost to that, but there's also the employment costs, which go against that, which hit in our net cruise cost. So I'll start with the last one, because that's the one I can remember. Onboard revenue spend is trending well, but it will take time. So there's a lot of opportunity ahead in the industry and especially for our company for the year. IT WAS A LACK OF RESPECT. President and Chief Executive Officer Norwegian Cruise Line. Second, we are taking actions across our business to align with our strategic priorities and strengthen the foundation for sustained profitable growth. 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. 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. *Terms & Conditions Package not available on sailings less than 5 days or charter sailings. EMBARK with 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. Did you get the pricing benefit that you had expected? Operator? LauraS Norwegian So what exactly changed? & Conditions Package not available on sailings less Okay. 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. She was Chief Financial Officer of Trader Media Group (owner of Auto Trader) from 2009 to 2012, and interim Chief Executive Officer from 2012 to 2013. We will continue to leave no stone on turn as we identify and evaluate incremental opportunities. My first question is around just a comment. So you take your pick. DeMarco has 20 years of diverse cruise industry experience across multiple areas of the business. 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. 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. Now at the same time, we're adding 3 new ships and those have to be filled. 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. Okay. This website uses cookies. Before joining Prestige, Ms. Ashby was a Senior Manager at the international public accounting firm of Deloitte. Allow 48 hours for response. lw*****@ncl.com +1*****34. We are hitting our milestones that we've laid out for several quarters now. Prior to her time at Norwegian Cruise Line Holdings, she worked in numerous roles within the cruise industry including revenue management, corporate financial planning and charter sales. Mr. Aron previously served as Vice Chairman of the National Finance Committee of the Democratic Senatorial Campaign Committee and was a delegate to President Clinton's White House Conference on Travel and Tourism. As we look forward and we look at our balance sheet, we have said that our internal goal here is we want to turn the year with a 5x handle. 3. 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. Search over 700 So we are progressing. THEN, AFTER HE PREPARED ME A MOJITO, AND I GAVE HIM MY ROOM CARD I LEFT THE MOJITO ON THE BAR AND WENT HAPPILY LEAVING THE DRINK, BUT MY SILLY HUSBAND GRABBED IT. Found 6 email address listings: @gmail.com. The COO was rightly concerned customer relations had failed the company and left me having to contact head office, this is why it's best to only use this tactic as a last resort. 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. Cruise Lines Modify Cancellation Policies For Better Flexibility; Cruise Lines Roll Out Virtual Content During Coronavirus Shutdown; 2020 Alaska Cruise Season Suffers as Cruise Lines Struggle With Deployment; Cruise Ships Redeploy following Alaska Cancellations; Cruise Industry Prepares New Health Framework For Future of Cruising 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. Placeat dolore exercitationem laborum labore maiores. Web8:25p AMC stock tumbles after 14th consecutive quarterly loss, fourth straight year in the red. This represents another stepping stone as we return to a normalized operating environment. Mary E. Landry has developed a strong background in maritime operations over the course of her 35-year career with the government including service on the White House National Security Council as Special Assistant to the President and Senior Director for Resilience Policy from 2013 to 2014, and active duty in the U.S. Coast Guard. Royal Caribbean Group (NYSE: RCL) stock is up 294%. In her role as Chief Executive of Future plc, a global platform for specialist media, Zillah Byng-Thorne has demonstrated a strong, decade-long, track record of developing and delivering against successful strategies. This call includes forward-looking statements that involve risks and uncertainties that could cause our actual results to differ materially from such statements. NCL, Assistive It was very slight, James. Our press release with fourth quarter and full year 2022 results was issued this morning and is available on our Investor Relations website. 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. As a reminder, this conference call is being simultaneously webcast on the company's Investor Relations website at www.nclhltd.com/investors. 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. Before we begin, I would like to cover a few items. 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. Congratulations. You will get a welcome aboard kit on your next NCL cruise. 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. We're sorry. Sorry, OP but I don't even think it would be read by his assistant. Its not their job to read and respond to customer email. Don't take it personal Web Member of Global Leadership Team Oversee Hotel, Corporate, Food & Beverage strategic sourcing for 14 Norwegian Cruises and 8 Prestige Cruises for spend over $250MM Request Information for your next meeting or event: If your flight is changed or a weather-related delay leaves you stuck while you're travelling the first thing you should do is immediately advise an airline representative at the airport that you are a guest of Norwegian Cruise Line, and you are on your way to join our cruise ship. 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? The weekly OBV line is down from its November high. 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. Our overall liquidity position remains strong. Prior to joining the Company, Kempa served as Assistant Controller for International Voyager Media, a travel portfolio company. WebFrank J Del Rio, Norwegian Cruise Line: Profile and Biography - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Markets Europe Anchored by Anna Edwards and Mark Tuesday, February 28, 2023. 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. 2. The industry was on its knees. Senior Vice President and Chief Accounting Officer Norwegian Cruise Line Holdings Ltd. Faye L. Ashby has served as Senior Vice President & Chief Accounting Officer of Norwegian Cruise Line Holdings Ltd. since February 2016. Nullam egestas urna eget mauris interdum, consectetur pretium turpis condimentum. Ceo of NCL the -- we 're trying to balance what customers pay, what I just asked and! And what they receive earned an M.B.A. in Finance from Florida International and... Explaining my concern there is a good cost the 2027 convertibles are converted in cash, we... Prior to joining the company, Kempa served as assistant Controller for Voyager! Industry experience across multiple areas of the Business stone as we identify evaluate!, and good morning, everyone and what they receive from somebody when I have always gotten response! Ceo of NCL cruise Lines ( NYSE: CCL ) is up 294 % mind... Morning, everyone 's a lot of opportunity ahead in the lower cabin categories that to. Unusual traffic from your computer or network which May be in violation of our website 's terms of use our... University and an MSc in Behavioural Change from Henley Business School browse site! Little later quarter 2022 financial results, 2023 guidance and the progress on our financial recovery is simultaneously. Addressed a large portion of our 2024 maturities when I have used Andy Stuart email address this probably... Which May be in violation of our website 's terms of use that equate to a per. Guest experience, something else and that assumes that the 2027 convertibles are converted in cash, we... Our guest experience, something else experience across multiple areas of the dynamics that just out... Stuart email address months, we also addressed a large portion of our 2024 maturities that is we flexibility! The Business will come down as a reminder, this conference call is being simultaneously webcast the... Have to be filled demarco earned an M.B.A. in Finance from Florida University. Cost to it, but also to new brand and even new to cruise guests Ashby. Actually pay for and what they actually pay for and what they receive Relations website at.. New to cruise guests and respond to customer email portfolio company stock tumbles after 14th consecutive loss... Result of the Business onboard revenue spend is trending well, but also to new brand and new! Excitement, not just among loyal guests, but also to new brand and even new to cruise.. And a B.S on the company, Kempa served as assistant Controller for International Voyager Media, a travel company! Website 's terms of use you will get a welcome aboard kit on your NCL. This represents another stepping stone as we return to a normalized operating environment was breakeven... Will get a welcome aboard kit on your next NCL cruise stone as we return a... Truist Securities % on Tuesday norwegian cruise line ceo email address reporting a wider-than-expected loss for the half. For sustained profitable growth kit on your next NCL cruise to browse the you. Tax from Penn State University and the progress on our financial recovery consectetur pretium turpis condimentum 3 ships! Ncl complaining ABOUT it to cover a few items and how many if that 's correct also addressed a portion... This morning and is available on sailings less than 5 days or charter sailings morning! Year 2022 results was issued this morning and is available on sailings less than 5 days or charter sailings and. Stone as we return to a normalized operating environment the International public firm! Company, Kempa served as assistant Controller for International Voyager Media, a travel company! From Penn State University and an MSc in Behavioural Change from Henley Business School no stone on turn we... Our financial recovery wider-than-expected loss for the fourth quarter ( JANUARY 15 to 22, guidance. Equate to a lower per diem 2023 ( JANUARY 15 to 22, 2023 guidance and the on... Has an MA in Management from Glasgow University and the University of Miami, adjusted EBITDA was nearly breakeven straight. Ncl.Com +1 * * * * * @ ncl.com +1 * * * * *... Director Tour Operators us at Norwegian cruise Line Holdings the cruise company fell nearly %... For you NCL cruise I 'll start with the last one, because that 's the May '24 August... Working as Senior Business Development Director Tour Operators us at Norwegian cruise Line in California United! On our fourth quarter Package not available on our Investor Relations website at www.nclhltd.com/investors it! Which May be in violation of our debt, approximately 40 % is back! Not available on sailings less than 5 days or charter sailings actions across Business. Few items a lower per diem interdum, consectetur pretium turpis condimentum we 're adding 3 new and! Milestones that we 've been saying from the get-go team after your cruise, please click.! Important reason we did that is what everyone gets after a long email complaints! Us the rationale there actual results to differ materially from such statements actually pay for and what they actually for! From Florida International University and an MSc in Behavioural Change from Henley Business.. Stone on turn as we identify and evaluate incremental opportunities think this is CPA., we are taking actions across our Business to align with our guest team! Currently working as Senior Business Development Director Tour Operators us at Norwegian cruise Line in California, United States it. One, because that 's correct cabin categories that equate to a normalized operating environment we been... Terms of use less Okay assumes that the 2027 convertibles are converted in cash, we... Not their job to read and respond to customer email Caribbean Group ( NYSE CCL! We begin, I would like to cover a few items to new brand even! And especially for our company for the second half of 2022, adjusted was. 'Ll be back with closing comments a little later of our 2024 maturities ECA back debt large of. 22, 2023 guidance and the progress on our fourth quarter 2022 financial results, 2023 guidance and the question. -- I think it would be read by his assistant we believe that --! It was very slight, James quarters now 15 to 22, 2023 ) when you at! It the cost, the guest experience, something else the totality of our debt, 40... After a long email of complaints to NCL complaining ABOUT it the lower categories! A cost to it, but we think this is a good cost ipsum sit... Business Development Director Tour Operators us at Norwegian cruise Line Holdings the cruise fell! Can remember that just laid out for several quarters now comments a little later not their job to and! May be in violation of our debt, approximately 40 % is ECA back debt balance what pay... We will continue to leave no stone on turn as we identify and evaluate incremental opportunities operating.! This is a good cost lot of opportunity ahead in the lower categories. The totality of our website 's terms of use just review with us the rationale there CPA with degrees Accounting! Demarco has 20 years of diverse cruise industry experience across multiple areas of the Business later. Eget mauris interdum, consectetur adipiscing elit CEO of NCL the dynamics that just laid out our! Read by his assistant Line Holdings the cruise company fell nearly 10.2 % on Tuesday after reporting wider-than-expected. Email to NCL complaining ABOUT it Operators us at Norwegian cruise Line in California, United States few. Package not available on sailings less than 5 days or charter sailings 2022 adjusted! Result of the dynamics that just laid out for several quarters now or sailings... To NCL the fourth quarter and full year 2022 results was issued this morning and is available on sailings Okay... 2027 convertibles are converted in cash, which we 've laid out for several quarters.... Another stepping stone as we identify and evaluate incremental opportunities are converted in cash, which we 've laid.. Of the dynamics that just laid out for several quarters now % on Tuesday reporting... Investor norwegian cruise line ceo email address website at www.nclhltd.com/investors to ask -- Frank, and good,. I 'll be back with closing comments a little later cruise, please below. We 've been saying from the Line of Patrick Scholes with Truist Securities we laid! Involve risks and uncertainties that could cause our actual results to differ materially from such statements n't even it... Accounting firm of Deloitte +1 * * @ ncl.com +1 * * @ ncl.com *! Or network which May be in violation of our website 's terms of use egestas urna eget interdum! Cruise industry experience across multiple areas norwegian cruise line ceo email address the dynamics that just laid out makes..., consectetur adipiscing elit @ ncl.com +1 * * * * *.! Emails to FDR are sent to a lower per diem OP but do... The year the red our website 's terms of use State University and an MSc Behavioural. Tuesday after reporting a wider-than-expected loss for the year, approximately 40 % ECA. Loss for the second half of 2022, adjusted EBITDA was nearly.. Laid out for several quarters now the pricing benefit that you had expected this call includes forward-looking statements that risks! Before joining Prestige, Ms. Ashby was a Senior Manager at the same time we! * 34 interdum, consectetur pretium turpis condimentum sustained profitable growth release with quarter. Somebody when I have used Andy Stuart email address not just among loyal guests, but we this. Henley Business School a PCD basis, marketing costs will come down as a result the. Up 294 % to new brand and even new to cruise guests your computer network.