Tech News, Magazine & Review WordPress Theme 2017
  • Supply Chain Updates
  • GLOBAL NEWS
  • REGIONAL NEWS
  • Industry Buzz
  • CURRENT ISSUES
No Result
View All Result
  • Supply Chain Updates
  • GLOBAL NEWS
  • REGIONAL NEWS
  • Industry Buzz
  • CURRENT ISSUES
No Result
View All Result
United States Supply Chain Management Council
No Result
View All Result
Home Supply Chain Updates

NCLH: Strategic Positionings – Cruise Industry News

usscmc by usscmc
November 9, 2019
NCLH: Strategic Positionings – Cruise Industry News
Share on FacebookShare on Twitter

Norwegian and Regent Ships in Port

Norwegian Cruise Line Holdings (NCLH) CEO Frank Del Rio underscored his enthusiasm for Alaska on Thursday’s third quarter earnings call.

He said the company will continue to make investments and cultivate partnerships in the region, noting the new pier NCLH has agreed to build in Ketchikan, its purchase of waterfront property in Juneau, and the construction of a second pier at Icy Point Strait.

“We are investing in port facilities and guest experiences,” he said. “Alaska is destination-centric and you much have the land capabilities in place. We have almost doubled our capacity in Alaska over the past three years and will be stronger as we finalize our investments.”

He cited what he called “incredibly strong ticket pricing and onboard spend” in the Alaska market and also noted the lengthening of the season, which now runs all the way from April to October.

Del Rio also commented on Norwegian’s European deployment and that its ships there are benefiting from global sourcing. While North American guests comprise the largest portion of passengers, the second largest portion are passengers from Asia, Australia and South America. “We know that guests who fly a long way are higher yielding guests,” he explained.

Elsewhere, demand for Caribbean sailings remain strong for all three brands, according to Del Rio, who said he does not expect to see any demand deterioration for the region.

With its newest ship, the Encore, set to enter service from Miami later this fall, Del Rio said she is the best booked and best priced ship in Norwegian’s history.

The company’s premium brands are also doing well with 70 percent of their capacity already booked for 2020, despite more capacity. The Regent Splendor was said to generate the highest ticket prices ever for the brand.

Overall, Del Rio said, 2020 is shaping up to be a record year.

The ban on Cuba cruises and Hurricane Dorian, however, impacted the Bahamas market, but he expects the impact to diminish over time and also as ships are moved into more lucrative programs.

Driving higher average ticket prices and onboard spending than the other major companies, Del Rio said NCLH is always working to raise prices across all three brands. 

“We invest in creating market demand instead of reducing prices,” he added.

That also includes reaching consumers earlier in the booking process, before they get on the ship, with pre-sell offers.

usscmc

usscmc

No Result
View All Result

Recent Posts

  • Supply Chain Issues Delay Michigan Statehouse Welcome Center
  • Last Mile Delivery Market Size, Growth And Forecast
  • High shipping rates could increase inflation by 1.5%: IMF
  • Coast Guard responds to adrift cargo ship off California
  • Underinsurance as a Persistent Driver of Cross-Border Antibiotic Procurement in U.S. Border Communities

Recent Comments

  • Top 5 Supply Chain Certifications that are in high demand | Top 5 Certifications on Top 5 Globally Recognized Supply Chain Certifications
  • 3 Best Procurement Certifications that are most valuable | Procurement Newz on Top 5 Globally Recognized Supply Chain Certifications

Archives

  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • September 2019

Categories

  • Global News
  • Supply Chain Updates

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
United States Supply Chain Management Council

Categories

  • Global News
  • Supply Chain Updates

Tags

APICS Globally Recognized Supply Chain Certifications IIPMR Certifications International Institute for Procurement and Market Research (IIPMR) ISM Next Level Purchasing Top 5 Supply Chain Certifications top supply chain certifications

Trending

No Content Available
  • Privacy Policy
  • Terms of Use
  • Antispam
  • Disclaimer
  • Contact Us

© 2022 www.usscmc.com

No Result
View All Result
  • Supply Chain Updates
  • GLOBAL NEWS
  • REGIONAL NEWS
  • Industry Buzz
  • CURRENT ISSUES

© 2022 www.usscmc.com

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

SAVE & ACCEPT