Mr. Aron received a Masters of Business Administration degree with Distinction from the Harvard Business School and a Bachelor of Science Cum Laude from Harvard College. ATRIUM IT COULD BE PERFECT FOR A NIGHT PARTY, KIND OF A BAND PLAYING 80S OR 90S MUSIC, SOUL, SALSA, ETC. The cruise operato . From 1996 through 2004, he was a founding member and Co-Head of the Global Distressed Sales and Trading Group at Credit Suisse (and its predecessor Donaldson, Lufkin & Jenrette, Inc.). I used to work for an huge international company, not in the CEO's office but in the director of operations office, he never read his emails his PA did but trust me when anyone wrote to him and his PA passed it down the line it was dealt with without delay. In 2008, Prestige Cruise Holdings acquired Regent Seven Seas Cruises and quickly completed a turnaround which positioned Regent Seven Seas Cruises as the market leader in luxury cruising and in turn positioned Prestige Cruise Holdings as the premier operator of upscale cruise brands. So we're feeling pretty good right now. . I wanted to touch first on the balance sheet. In addition, he spent three years representing the financial interests of the Companys expansive newbuild program while positioned overseas in Germany, and also held various roles in accounting and internal audit. This includes a broad and ongoing initiative we began in the fourth quarter to improve operating efficiencies and to rightsize our cost base so that we can rebuild and enhance our margins. Great. Jason Krimmel was appointed as Vice President of International Sales, Marketing & Brand Communications in January 2023. Norwegian Cruise Line Holdings Ltd. NCLH reported fourth-quarter 2022 results, with earnings missing the Zacks Consensus Estimate and revenues beating the Frank A. Del Rio is an industry veteran, having started his career in the cruise industry in 2003. I would characterize it as the last normalization quarter, so to speak. She is also a former Non-Executive Director of THG Holdings plc. Andy Stuart is the CEO of NCLsoon to be replaced by Harry Sommers. We want to make sure we're hitting putting out reasonable targets, but nothing should be implied from that. I was contacted directly by the hotel manager within the hour and two hours later theChief Operating Officer for north Europe contacted me saying the director had passed my complain to him and he wanted to ensure the hotel manager had resolved my complain. I want to send an e-mail to the attention of NCL CEO Frank Del Rio. 2024 bookings are running ahead at higher prices than they were at the same time in 2019 for 2020, which before the pandemic. Moving to costs. $19.7 million. Prior to her time at Norwegian Cruise Line Holdings, she worked in numerous roles within the cruise industry including revenue management, corporate financial planning and charter sales. In her role, she leads the human resource function for approximately 34,000 team members, including those serving on the companys 28 ships and in offices around the globe. Executive Vice President and Chief Financial Officer Norwegian Cruise Line Holdings Ltd. Mark A. Kempa is Executive Vice President and Chief Financial Officer of Norwegian Cruise Line Holdings Ltd., appointed to this position in August 2018. Frank J. Del Rio; President, CEO & Director; Norwegian Cruise Line Holdings Ltd. Harry J. Sommer; President & CEO of Norwegian Cruise Line; Norwegian Cruise Line Holdings Ltd. Jessica John; VP of IR, Corporate Communications & ESG; Norwegian Cruise Line Holdings Ltd. Mark A. Kempa; Executive VP & CFO; Norwegian Cruise Line Holdings Ltd. Charles Patrick Scholes; MD of Lodging, Gaming and Leisure Equity Research & Analyst; Truist Securities, Inc., Research Division, Conor T. Cunningham; Research Analyst; Melius Research LLC, Daniel Brian Politzer; Senior Equity Analyst; Wells Fargo Securities, LLC, Research Division, Frederick Charles Wightman; Research Analyst; Wolfe Research, LLC, James Lloyd Hardiman; Director; Citigroup Inc., Research Division, Paul Alexander Golding; Analyst; Macquarie Research, Robin Margaret Farley; MD and Research Analyst; UBS Investment Bank, Research Division, Steven Moyer Wieczynski; MD of Equity Research and Gaming & Leisure Research Analyst; Stifel, Nicolaus & Company, Incorporated, Research Division. Obviously, there's a lot of work that you guys have been doing there. Previously, Sommer served as President, International for the companys portfolio of award-winning brands including Norwegian Cruise Line, Oceania Cruises and Regent seven Seas Cruises. We have almost 50% growth between now and 2028, with our scheduled pipeline of deliveries. Del Rio has a B.S./B.A. We have slightly less Caribbean capacity and more Alaska capacity. The basic NCL contacts (no FDR contact) LINK: https://www.elliott.org/company-contacts/norwegian-cruise-line-ncl/. Keep in mind that Frank Del Rio is NOT the CEO of NCL. Just in terms of the cost initiatives that you're talking about, can you just frame up the buckets and where you're expecting the biggest improvement and maybe like a potential upside there? So I would just caution you on that note. As you can see on Slide 9, in the fourth quarter, our load factor reached 87%, in line with guidance. jimdee3636, October 13, 2019 in Norwegian Cruise Line. We've seen what happened to others when the discounting goes too far, it takes years, if not decades to be able to climb back up that slippery hill. This website uses cookies. PLEASE, MEET THE WORK TEAM AND TELL THEM, THAT THEY HAVE TO WAIT WITH PATIENCE UNTIL THE GUEST DECIDE WHAT TO DRINK WELL, DUE TO THE VARIETY OF DRINKS, AND NOT TO THROW THE RUM FAST IN THE GLASS WITHOUT BEING SURE OF WHAT THE GUEST WANT. Del Rio, who was born in Havana, Cuba and emigrated to the United States in 1961 at age six, earned his bachelors degree in accounting from the University of Florida and is a Certified Public Accountant. Hours of Operation: Monday - Friday: 9:00am 7:30pm HKG Time. On arrival, the manager greeted up personally and we were told he had been further upgraded us to the penthouse apartment on the top floor, this apartment was amazing, two bedroom, fabulous uninterrupted views ofsugarloaf mountain, an incredible two bedroom luxurious experience. After 40 years dealing with the public I can count on one hand the number of letters and emails that look to be from sane people. I think we went from on a net basis from plus 5% to about 14% to 15% growth range versus 2019. IT WAS A LACK OF RESPECT. President and Chief Executive Officer Norwegian Cruise Line Holdings Ltd. Frank J. Del Rio is the president and chief executive officer of S&P 500 company Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH), which operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. And I hope that makes sense, what I just asked. And then additionally, it looks like if I'm getting this correctly, your expectation since last earnings for bookings are now ahead, I think previously it was in line. There is no silver bullet, but we will continue to evaluate all opportunities to accelerate revenue and improve operating efficiencies while continuing to deliver an exceptional guest experience. I think if there's anything we've learned as a management team and society over the last year or 2 is that the we're in a unique environment. And also, along with that, if you could just maybe give a little bit more color on the cost efficiencies, total amount, the time that they're going to be achieved? So there is some impact in that overall cost guidance as a result of the mix. Just I do see your share count is going up for the full year to 460 million. Its standard for any complaint. A twenty-year veteran of Norwegian, Kempa held several positions of increasing responsibility in Norwegians finance organization, playing an instrumental role in several of the Companys key milestones, including its successful initial public offering in 2013 and the acquisition of Prestige Cruises International, Inc. in 2014. Executive Vice President, General Counsel and Assistant Secretary Norwegian Cruise Line Holdings Ltd. Daniel S. Farkas is the Executive Senior Vice President and General Counsel of Norwegian Cruise Line Holdings Ltd. So look, I wouldn't classify anything as a deceleration. IT SHOULD BE NICE IF SHE CAN WEAR CLOTHING TO ANOTHER ONE MORE COLORFUL THAT LOOKS LIKE A REAL SINGER (EVEN IF ARE DAY HOURS). With that, I'd like to turn the call over to Frank Del Rio. Executive Vice President, Chief Talent Officer Norwegian Cruise Line Holdings Ltd. Lynn White serves as Executive Vice President and Chief Talent Officer for Norwegian Cruise Line Holdings (NCLH). Additional Contacts at Norwegian Cruise Line. V4K 2V6. The bottom line is our target consumer continues to be willing to spend on travel and experiences now and in the future. Cruise Lines Modify Cancellation Policies For Better Flexibility; Cruise Lines Roll Out Virtual Content During Coronavirus Shutdown; 2020 Alaska Cruise Season Suffers as Cruise Lines Struggle With Deployment; Cruise Ships Redeploy following Alaska Cancellations; Cruise Industry Prepares New Health Framework For Future of Cruising Under his leadership the company expanded its global footprint with the opening of several offices around the world and significantly strengthened its international presence. Del Rio, who was born in Havana, Cuba and emigrated to the United States in 1961 at age six, earned his bachelors degree in accounting from the University of Florida and is a Certified Public Accountant. You talked for the fourth quarter, you talked about how revenues and net cruise cost ex fuel or in line with your expectations that EBITDA was a bit short. Did you get the pricing benefit that you had expected? We will continue to leave no stone on turn as we identify and evaluate incremental opportunities. Okay. In this position, Mr. Farkas oversees all aspects of the Legal, Risk Management, Corporate Governance and Compliance, Passenger and Crew Claims and the Government Affairs areas of Norwegian Cruise Line. What is included in the "welcome aboard" kit? I'm finna go get me some balloons! Do you have any expectation as bookings progress and you guys continue to recover when you can get back to that $100 EBITDA per APCD level. Turning to liquidity. Dear Frank Del Rio . In this role, Lindsay is responsible for Marine & Technical Operations, Hotel Operations, Entertainment, Product Development, Port & Destination Services, Fleet Personnel, Out Islands and New Build & Ship Refurbishment for all three of the company's brands Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. So look, it's management's responsibility to optimize revenue and minimize costs. In this role he was responsible for sales, marketing, public relations, business development and office operations for all markets outside of the United States and Canada. Under his leadership, the company has expanded its fleet with the newest and most innovative ships at sea, introduced the companys latest island destination, Harvest Caye in Belize, and significantly strengthened its global footprint. An over 25-year cruise industry veteran, Del Rio has successfully led Norwegian Cruise Line Holdings in delivering industry leading financial results while providing an unparalleled guest experience. Lorem ipsum dolor sit amet consectetur adipisicing elit. Those, by default, have a much higher operating cost than the NCLH average. Mauris eget risus sollicitudin, aliquet ex ut, vehicula urna. Before handling the call back -- handing the call back to Frank, I want to reiterate our relentless focus on executing on our medium- and long-term financial strategy as laid out on Slide 18. In this role, he is, Estela Farina is the Brazil managing director for Norwegian Cruise Line Holdings, Ltd., overseeing the sales strategies across the companys three brands, Norwegian Cruise Line, Oceania Cruises and. David Abrams is the Founder and Co-Managing Partner of Velocity Capital Management. . Bookings must have deposit on them for Premium Air quote. Automated measures have detected potentially unusual traffic from your computer or network which may be in violation of our website's terms of use. And of course, we will not lose sight of our guests, the very heart of our business, and we will continue to prioritize delivering an exceptional guest experience and superior service levels. Placeat dolore exercitationem laborum labore maiores. Before we begin, I would like to cover a few items. Frank A. Del Rio has served as Chief Sales and Marketing Officer for Oceania Cruises since March 2022, and as Senior Vice President, Port Destinations and Onboard Revenue from March 2015 through April 2017. million verified professionals across 35 million companies. Yes but I have always gotten a response from somebody when I have used Andy Stuart email address. Search over 700 I do have his personal number and will give it to you when I get back home in several weeks. These statements should be considered in conjunction with the cautionary statement contained in our earnings release. . President and Chief Executive Officer Norwegian Cruise Line Holdings Ltd. Frank J. Del Rio is the president and chief executive officer of S&P 500 company Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH), which operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. With guidance did you get the pricing benefit that you had expected experiences... 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