After pandemic chaos, Norwegian Cruise Line CEO says consumers still ‘willing to spend on travel’

Key Words Published: Feb. 28, 2023 at 12:50 p.m. ET Norwegian saw its highest-ever booking months in November 2022 and January 2023 The COVID-19 pandemic brought widespread disruption to the travel industry. (Photo by Joe Raedle/Getty Images) After the COVID-19 pandemic brought widespread disruption to the travel industry, Norwegian Cruise Line Holdings Ltd. says its

Financial Press

Published

February 28, 2023

after-pandemic-chaos,-norwegian-cruise-line-ceo-says-consumers-still-‘willing-to-spend-on-travel’

Key Words

Published: Feb. 28, 2023 at 12:50 p.m. ET

Norwegian saw its highest-ever booking months in November 2022 and January 2023

The COVID-19 pandemic brought widespread disruption to the travel industry. (Photo by Joe Raedle/Getty Images)

After the COVID-19 pandemic brought widespread disruption to the travel industry, Norwegian Cruise Line Holdings Ltd. says its affluent target customers are opening their wallets for travel now and in the future.

The cruise operator reported a wider-than-expected fourth-quarter loss before market open Tuesday, although revenue was higher than forecast. Norwegian’s NCLH stock tumbled 11.8% Tuesday, while the S&P 500 SPX gained 0.1%.

“The…

In this article:Featured, top stories

Stocks

BlackBerry, Oracle, Kroger are stocks to watch

SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are BlackBerry Ltd., Oracle Corp., and...

Financial PressDecember 21, 2022

piedmont-lithium-adds-two-new-directors-to-board;-stock-soars

Mining

Piedmont Lithium adds two new directors to board; stock soars

NAL spodumene concentrate production remains targeted for H1 2023 with revenue potential in Q3 2023. Credit: Piedmont Piedmont Lithium (Nasdaq: PLL; ASX: PLL) announced...

Financial PressJanuary 4, 2023