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Norwegian Cruise Line Holdings (NCLH) reported third-quarter results highlighting a positive trajectory as it resumes operations. By year-end 2021, approximately 75% of its capacity is expected to be back in service, with full fleet operations anticipated by April 2022. The company forecasts operating cash flow positivity in late Q1 2022 and profitability in the second half of 2022. Despite Delta variant impacts causing a temporary slowdown in bookings, net booking volumes have improved, with advance ticket sales at $1.7 billion, including $750 million in future cruise credits.
Norwegian Cruise Line Holdings (NYSE: NCLH) will announce its third quarter 2021 financial results on November 3, 2021, at 7:00 a.m. ET, followed by a conference call at 10:00 a.m. ET. The call will also be webcast on the Company’s Investor Relations website. Norwegian Cruise Line Holdings operates brands including Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises, with a fleet of 28 ships and plans for nine additional ships through 2027, totaling approximately 24,000 new berths.
Norwegian Cruise Line Holdings has selected Worldpay from FIS as its preferred provider for global payments processing. This partnership aims to enhance customer payment experiences during online and mobile checkouts across over 100 countries. Key features include improved payment authorizations and compliance with PSD2 regulations. Norwegian will utilize advanced data analytics and specialized services aimed at minimizing checkout friction. Executives from both companies expressed enthusiasm for the collaboration, emphasizing a commitment to innovative guest experiences.
Oceania Cruises has launched its 2023 Europe and North America Collection, featuring seven ships and 179 itineraries across over 260 ports. The collection is the most extensive to date, highlighting captivating regions including the Mediterranean and Alaska. Guests can enjoy 30-50% more time in port compared to competitors, with 190 overnight stays and numerous evening departures. Notable new ports include Jeddah and Limnos. The collection also includes a new ship, Vista, set to debut in 2025, enhancing Oceania's small luxury cruise experience.
Oceania Cruises achieved a record-breaking single day booking record, exceeding prior figures by nearly 60%. This feat coincided with the launch of sales for its upcoming ship, Vista, on September 15, 2021. The ship's inaugural season includes 18 voyages from April 2023 to November 2023, with prices ranging from $5,299 to $32,199 per guest. Key destinations include the British Isles and Canada. Notably, 30% of bookings came from new guests, indicating strong market demand.
Norwegian Cruise Line premiered the fourth episode of its docuseries "EMBARK - The Series" on Sept. 9, 2021, showcasing the Norwegian Jade welcoming guests after a 500-day suspension. The episode highlights the emotional reunions of the crew and their preparations for the cruise comeback. Norwegian Jade will operate from Athens, marking a historic moment for the fleet. The company has restarted cruise operations as of July 25, 2021, with additional ships set to redeploy across North America and Europe as safety protocols remain in place.
Norwegian Cruise Line (NCL) debuted the fourth episode of its docuseries 'EMBARK – The Series' on September 8, 2021, showcasing the return of Norwegian Jade after a 500-day pause due to the pandemic. The episode celebrates the emotional reunions of crew members and preparations for welcoming guests back. NCL resumed operations on July 25, 2021, with the Jade's seven-day Greek Isles itinerary. The company's SailSAFE™ health protocols mandate full vaccinations for guests and crew through December 31, 2021.
Oceania Cruises has announced the inaugural season of its newest ship, Vista, featuring 18 voyages starting in April 2023. These journeys will span 24 countries across four continents, including destinations such as Venice, Istanbul, and the Greek Isles. The maiden voyage will sail from Rome to Barcelona on April 14, 2023. Designed for immersive experiences, Vista boasts 12 dining options and luxury accommodations, with a capacity of 1,200 guests and 800 crew members. Bookings will open on September 15, 2021.
Norwegian Cruise Line (NCL) announced a major milestone with the float out of its new ship, Norwegian Prima, from the Fincantieri shipyard in Marghera, Italy, on August 11, 2021. This event marks the first time the vessel has touched water. Norwegian Prima is the first of six ships in the new Prima Class, designed to prioritize guest experience with spacious accommodations and multiple dining options. The ship will begin sailing itineraries in summer 2022, offering routes across Northern Europe and transatlantic crossings.