Press release
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may 10, 2022 - Norwegian Cruise Line Holdings
Norwegian Cruise Line Holdings reports first quarter 2022 financial results and provides business update
Company Becomes First Major Cruise Operator to Return Entire Fleet Back to Service
Pricing Strength Continues for all Future Periods
Operating Cash Flow Slightly Positive in March
MIAMI, Florida – May 10, 2022 – #norwegiancruiselineholdings Ltd. (NYSE: NCLH) (together with NCL Corporation Ltd., "Norwegian Cruise Line Holdings", "Norwegian" or the "Company") today reported #financialresults for the first quarter ended March 31, 2022 and provided a #business update.
"Last week we reached the biggest milestone yet in our Great Cruise Comeback as Norwegian Spirit, the last ship in our fleet to resume sailing, welcomed guests on board in #Papeete, #TAHITI. The herculean effort to restart our fleet would not have been possible without the incredible fortitude of the entire Norwegian team and the unwavering support of our key partners and stakeholders around the world," said #frankdelrio, president and chief executive officer of #norwegiancruiselineholdings Ltd. "Looking ahead, our strategy is to ramp up occupancy in a disciplined manner with the goal of exceeding historical Net Yield levels for full year 2023 while maintaining the high guest satisfaction scores and strong onboard revenue generation we are currently experiencing. We are encouraged that consumer demand remains robust with net booking volumes not only back to pre-Omicron levels but now approaching historical levels despite a temporary retreat due to the Russia-Ukraine conflict. Pricing remains very strong for all future periods and our value-add bundling strategy is working better than ever."
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