Norwegian Cruise Line Hldg Ltd - NCLH STOCK NEWS

Norwegian Cruise Line Holdings (NYSE: NCLH) has announced it will release its fourth quarter and full year 2024 financial results on Thursday, February 27, 2025, at 6:30 a.m. Eastern Time. The company will host a conference call and webcast to discuss the results at 8:00 a.m. Eastern Time.

The company operates three cruise brands: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. Currently, NCLH maintains a combined fleet of 32 ships with approximately 66,500 berths, serving around 700 destinations worldwide. The company has plans to expand its fleet with 13 additional ships across its brands through 2036, which will add approximately 41,000 berths.

Oceania Cruises has appointed Brennan Quesnele as Senior Vice President of Sales, effective February 24, 2025. Quesnele, who previously served as Vice President of Strategic and National Accounts at Norwegian Cruise Line, brings over 20 years of industry experience. He will report to Frank A. Del Rio, President of Oceania Cruises.

In his new role, Quesnele will oversee global sales strategies and partner relationships, focusing on maximizing growth opportunities across all trade partner sales channels. This appointment comes as the brand prepares for significant expansion with three new ships planned over the next four years. The heads of Field Sales, Strategic Accounts, and International Sales will report to Quesnele in this new structure.

PayPal Holdings (NASDAQ: PYPL) has expanded its strategic partnership with Norwegian Cruise Line Holdings (NYSE: NCLH), enabling PayPal as a checkout option for all U.S.-based cruise reservations across Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. The collaboration includes continued use of PayPal Braintree for credit-card processing for both reservations and shipboard payments.

According to data provided, customers using PayPal experience 43% faster checkout compared to traditional methods, and the payment platform has demonstrated an average 84% increase in conversion among online travel customers. This integration aims to enhance the booking experience by providing a more convenient and secure payment option for cruise reservations.

Norwegian Cruise Line Holdings (NYSE:NCLH) has appointed John Chidsey as an independent director to its Board of Directors, effective February 5, 2025. Chidsey, who previously served on the Board from 2013 to 2022, will chair the Nominating and Governance Committee and join the Audit Committee. With his appointment, seven of eight board members are now independent.

Chidsey brings extensive experience from his recent role as CEO of Subway Restaurants (until late 2024) and previous position as CEO of Burger King Holdings. His background includes leadership roles at Cendant , where he led the Vehicle Services Division and Financial Services Division. He has also held senior financial positions at PepsiCo and served on various corporate boards.

Oceania Cruises announces a major culinary enhancement for its newest ship Allura, launching in July 2025. The Grand Dining Room will feature over 270 new recipes across breakfast, lunch, and dinner services.

Key highlights include a new Signature Eggs Benedict section for breakfast, French bistro-inspired lunch options at La Brasserie, and reimagined dinner classics like Beef Wellington and chermoula butter-roasted Maine lobster. The 1,200-guest vessel will maintain a high crew-to-guest ratio with 800 crew members, including one chef for every 10 guests.

The ship offers always-included amenities such as specialty dining venues, unlimited Starlink WiFi, complimentary beverages, group fitness classes, and laundry services. Allura features the most spacious standard staterooms at sea (291 square feet) and various enrichment programs including art classes and culinary experiences.

Oceania Cruises announces the addition of its signature French restaurant, Jacques, to its newest ship Allura, launching in July 2025. The restaurant, named after renowned chef Jacques Pépin, will also be introduced to Vista, Allura's sister ship, in October 2025.

The restaurant will feature beloved dishes alongside new offerings, including duck with Grand Marnier-infused orange sauce and veal medallion with morel sauce. Executive Culinary Directors Alexis Quaretti and Eric Barale will work with Chef Pépin to enhance the menu while maintaining popular classics. The dining experience will be elevated with tableside service for dishes like beef tartare and new crockery to reinforce the authentic Parisian bistro atmosphere.

As part of Oceania's Your World Included brand promise, dining at Jacques and other specialty restaurants comes at no additional charge, along with complimentary amenities such as unlimited Starlink WiFi, in-room dining, and gratuities.

NCL , a subsidiary of Norwegian Cruise Line Holdings (NYSE: NCLH), has announced the pricing of $1,800 million in 6.750% senior notes due 2032. The private offering is expected to close on January 22, 2025.

The company plans to use the net proceeds, along with cash on hand, to redeem $1,200 million of 5.875% Senior Notes due 2026 and $600 million of 8.375% Senior Secured Notes due 2028, including associated premiums, fees, and expenses. The redemption is contingent upon completing the Notes Offering.

The Notes are being offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. investors under Regulation S, and will not be registered under the Securities Act.

NCL (NCLH) has announced a proposed private offering of $1.8 billion in senior notes due 2032. The company plans to use the proceeds, along with cash on hand, to redeem $1.2 billion of 5.875% Senior Notes due 2026 and $600 million of 8.375% Senior Secured Notes due 2028, including associated premiums, fees, and expenses.

The Notes will be offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. investors under Regulation S. The redemption of existing notes is contingent upon the completion of this new Notes Offering.

Norwegian Cruise Line Holdings (NCLH) has appointed Jason Montague as Chief Luxury Officer, effective February 17, 2025, to oversee both Regent Seven Seas Cruises and Oceania Cruises. This appointment is part of NCLH's 'Charting the Course' strategy, which includes a multibillion-dollar fleet expansion for its ultra-premium and luxury brands.

The expansion plan includes adding five newbuilds through 2029: three for Oceania Cruises (starting with Allura) and two for Regent Seven Seas Cruises. Additionally, comprehensive refurbishments are planned for several vessels, including Marina, Riviera, Seven Seas Mariner, and Seven Seas Voyager.

Montague, who previously served as President and CEO of Regent Seven Seas Cruises until 2022, brings over 20 years of luxury hospitality expertise. Frank A. Del Rio will continue as President of Oceania Cruises, reporting to Montague, while Andrea DeMarco, current President of Regent Seven Seas Cruises, will step down on March 4, 2025.