ON SATURDAY 21st, BETWEEN 5:30PM AND 6:00PM, I ASKED FOR A DRINK AT THE POOL BAR, AND TOLD TO THE BARTENDER THAT WAS RUSHED TOO, AND OF COURSE, THAT IS UNDERSTANDABLE, THAT I WOULD LIKE A SOUR DRINK, AND HE DIDNT LET ME FINISH TELLING WHAT I WANTED AND STARTED FILLING THE GLASS WITH A RUM. Norwegian Cruise Line. Thank you. First, we revised and extend our existing $1 billion undrawn backstop commitment. Moving to our balance sheet. First, we completed an amendment of our operating credit facility and extended approximately $1.4 billion of this facility by 1 year to January 2025. After the COVID-19 pandemic brought widespread disruption to the travel industry, Norwegian Cruise Line Holdings Ltd. says its affluent target customers And this is Harry again. Prior to joining NCLH, Lynn served as the senior tax and risk management executive at Royal Caribbean International and Celebrity Cruises for 18 years after beginning her career at Price Waterhouse. We're squarely focused on making sure that the guest experience is wholly intact, but we're going to align ourselves to what is the new normal for the hospitality sector. I'm incredibly proud, honored and inspired to work alongside each and every one of you. Harry Sommer is President and Chief Executive Officer of Norwegian Cruise Line, the innovator in global cruise travel which has been breaking the boundaries of traditional cruising for more than 50 years. You will get a welcome aboard kit on your next NCL cruise. UPDATE 1-National Bank of Canada posts lower first-quarter profit, From condoms to cosmetics, China sales grow as lockdowns end, Sterling subdued after Bailey says 'nothing decided' on future rate hikes, UPDATE 2-China scoffs at FBI claim that Wuhan lab leak likely caused COVID pandemic, Hedge funds that did best in 2022 could fare worst in 2023 BNP. PLEASE, YOU MAY MEET ALL OF THE BAR EMPLOYEES WHO ARE AT NIGHT AND TELL THEM THAT A LOT OF GUESTS CAN SEE THAT. Now we believe that we've got momentum back. So we simply don't see a weakening consumer. Skip to main content. The cruise operator reported a wider-than-expected fourth-quarter loss before market open Tuesday, although revenue was WebEstela Farina is the Brazil managing director for Norwegian Cruise Line Holdings, Ltd., overseeing the sales strategies across the companys three brands, Norwegian Cruise CC Help Jenn As we have consistently communicated, our costs will be elevated when compared to 2019 baseline, both due to normal and hyperinflation over the past 3 to 4 years as well as a mixed headwind as we add higher operating cost capacity, which we do expect will gain a premium on the top line. So on the cost, as I said in my prepared remarks, Q1 will be the highest cost quarter. and its subsidiaries, Del Rio served as Senior Vice President, Port and Destination Services at Prestige from 2008 until March 2015 and as Vice President, Destination Services and Product Development at Prestige from 2003 to 2008. EVP, Chief Talent Officer. Aperiam, aspernatur. She joined NCLH as Controller in November 2014 after the Acquisition of Prestige. This ramp is continuing through the first quarter of 2023 as we have already achieved 100% occupancy in the quarter, leading to a return to historical levels beginning in the second quarter of 2023 and beyond. Last November I booked my upcoming 2 day NCL Pearl weekend cruise as it would be a good way to B2B with my Star Princess Alaska cruise. So it's going to come from a lot of different places. So I was just curious if you could unpack your current bookings a little bit? This website uses cookies. I'm just trying to figure out if you guys could help us think about what that impact is on that yield side? My name is John, and I will be your operator. Started August 27, 2021, By Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is up 188%. We have a great base of loyal guests who love our product because each of our brands have incredibly high repeat rates running anywhere from 45% for the Norwegian brand to as high as 55% for region. Before turning the call over to Q&A, I'd like to leave you with some key takeaways, which you can find on Slide 20. Kind of what's changed in how you think about hitting that record EBITDA target as it relates to the guided range? The key drivers of this expected decrease includes the scaling back and normalization of marketing investments, ,which were elevated in the second half of 2022 as we focused on resetting expectations and raising the bar on pricing during our relaunch, moderation in hyperinflationary pressures in certain areas, including food and logistics, normalization of capacity days as a result of the elimination of previously acquired protocols, timing and optimization of scheduled drydocks. We've said that our strategy coming out of the pandemic was we wanted to reset the bar on pricing. Previously, Del Rio served as chairman and chief executive officer of Prestige Cruise Holdings, Inc., the parent company operating both Oceania Cruises and Regent Seven Seas Cruises. What is included in the "welcome aboard" kit? Harry C. Curtis was previously the Managing Director of Nomura Instinet, where he focused on gaming, lodging, and cruise industry research, from 2010 through 2020. ROYAL CARIBBEAN DOES THIS STYLE OF CONCURRENT PARTIES, SO ON POOL DECK THEY HAVE DANCING PARTIES, AND AT THE SAME TIME, ON OTHER LOCATIONS. 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. Having been active in the urban mixed-use real estate sector for over 35 years, Mr. Galbut and Crescent Heights are a best in class developer with a successful track record of new constructions and renovations. Each successive class of ships is a record-breaking architectural marvel that revolutionizes vacations with the latest technology. Everything was great. Phasellus metus eros, convallis in diam nec, molestie luctus velit. Additional Contacts at Norwegian Cruise Line. Before we begin, I would like to cover a few items. WE'LL CALL YOU. So we're going to scale start scaling that back. Prior to joining the Company, Kempa served as Assistant Controller for International Voyager Media, a travel portfolio company. Under his leadership the line has grown from a fledgling start-up with one 684-passenger ship to a dominant player in the upscale cruise market with six ships totaling 5,300 berths, including the addition of two highly acclaimed 1,250-passenger sister ships, Marina and Riviera. Fusce tempus consectetur porttitor. Thank you, Ms. John. Previously, he was the Founder & Partner, Non-Performing Loans, for Apollo Management International LLP, which he joined in 2007. Price was decent. I DIDNT SEE HIS NAME, BUT I TOLD HIM, THAT I WOULD HAVE LIKED A SOUR DRINK, THAT IF HE COULD PREPARE A LIGHT MOJITO; THE BARTENDER SENT THE GLASS TO THE TRASH WITH ALL THE ICE AND RUM IN A NOT GOOD ATTITUDE (HE WAS ANNOYED), AND REPLIED TO ME WITH SOME LIKE: YOU TELL ME I WANT A SOUR DRINK, AND THEN NOT DECIDE (AND THE POOLS MUSIC DIDNT LET ME LISTEN TO WHAT HE FINISHED TELLING TO ME IN A BAD MANNER, IN FRONT OF MY HUSBAND AS IF WE WERE STUPIDS OR HE WERE THE BOSS OF THE PLACE). Some modules are disabled because cookies are declined. 2. THE WAITRESS WENT WALKING OUTSIDE THE BAR AFTER HAS FILLED THE GLASS AND PUTTIN IT ON THE TRAY. 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. 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. "ALL CAPS 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.). Mr. Galbut served as a member of the Board of Directors of Prestige Cruises International, Inc. or its predecessor from September 2005 until Norwegian Cruise Line Holdings Ltd.s acquisition of Prestige in November 2014. This form helps us understand your disability and/or special needs requirements to adapt your cruise with personalized accommodations. As previously announced by Flutter Entertainment, Ms. Byng-Thorne plans to step down from her role as a non-executive director of Flutter Entertainment prior to January 31, 2023. I think its a few balloons and a large colorful sign that says "WELCOME ABOARD" and maybe a small cake. Sommer holds an MBA from Pace University and a BBA from Baruch College, both in New York City. Okay. When looking at our implied guidance for the remaining quarters of 2023, the expected decrease in cost is approximately 16% compared to the same period in 2022. She has a focus on driving operational excellence and is a proven people manager, identifying and developing talent at the senior level. Is -- I assume that's from the convert or exchangeable notes converting sometime in the year. As I mentioned in my prepared remarks, we've seen very, very strong record -- new record booking levels dating back to November. It was just all items on the margin. While the past few years have been unlike anything we could have imagined. So look, it's management's responsibility to optimize revenue and minimize costs. EMBARK with That makes sense. I think Mark, you just made around the exotic destination. On a gross basis, I'm not sure the exact number, maybe Mark knows that number. It can work depending on the company and the tactic should only be used as a last resort, the fact you are contacting them as a last resort has a l We also have a robust new build pipeline as we just finished discussing. 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. And to what extent is your appetite to issue equity relative to debt? The last 2 is really a combination, as Mark mentioned in the prepared comments, making them methanol ready, which we think is very important for our decarbonization goals over time. Sounds like those are going to be a little bit bigger than the first few iterations. Carnival Corporation. 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. i have emailed him a few times and have received a response each time. Third, we are focused on strengthening the foundation for sustained profitable growth, and we will continue to take strategic measures to best position the company for its next era. The next question comes from the line of Conor Cunningham with Melius Research. lw*****@ncl.com +1*****34. We're -- I like into this is we're in uncharted territory in the world. WebPresident 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 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? And then to follow up maybe on pricing. Mark? And we're always looking for new ways to engage with them, including through our popular loyalty programs that each brand operates. I want to reiterate that we are committed to rightsizing our cost base and are taking deliberate actions across our business to best position us for the future as a stronger and leaner organization. Twitter works really well for contacting Andy. As a reminder, this conference call is being simultaneously webcast on the company's Investor Relations website at www.nclhltd.com/investors. Global Edition. Andy Stuart is the CEO of NCLsoon to be replaced by Harry Sommers. Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) is a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. I guess, why the detail, I'm assuming there's some mix involved here, but I know that you're launching an Oceania ship and a Regent ship, which I would think would be accretive to per diems. After graduating from Cornell University School of Hotel Administration, Mr. Galbut became a Florida licensed CPA (currently inactive). If you have investor questions, media requests or The weekly OBV line is down from its November high. The next question comes from the line of Steve Wieczynski with Stifel. Both the conference call and presentation will be available for replay for 30 days following today's call. We continue on our path of hitting our guidance that we've just issued, and we feel good about our overall liquidity and balance sheet position where it stands today, but there's a lot of work to do. SEVERAL GUESTS WERE TALKING SITTED IN THE ATRIUM AND SAYING THAT THIS IS A GREAT RECOMMENDATION, SO WE DO NOT GET BORED FOR MORE THAN AN HOUR WITH NO MUSIC, FOR THE ONES WHO DONT LIKE MOVIES, BINGOS AND THE GAMES, AND CANNOT BE IN THE POOL AREA (DUE TO THE WIND), BECAUSE OTHERS DO PREFER TO BE DANCING INSIDE AND WANT TO BE ENTERTAINED TOO AS THE ONES ON DECK 15. Before joining Prestige, Ms. Ashby was a Senior Manager at the international public accounting firm of Deloitte. He held the position of Chief Financial Officer (CFO) since April 2018, and served In 2023, we have approximately $1 billion of scheduled debt service, the vast majority of which are related to our export credit agency-backed ship financing. Since 1988, Mr. Aron previously served on the board of directors of more than a dozen companies including Starwood Hotels and Resorts Worldwide, Inc. and on the board of directors of Prestige Cruise Holdings, Inc., the parent company of Oceania Cruises and Regent Seven Seas Cruises. DeMarco has 20 years of diverse cruise industry experience across multiple areas of the business. The weekly OBV line is down from its November high. Lynn is a CPA with degrees in Accounting and Tax from Penn State University and the University of Miami. I want to ask -- Frank, this is probably for you. Cruise line stocks have risen sharply since the onset of the pandemic. He is responsible for ensuring that the Norwegian brand excels in every way by employing new ways of doing business that improve guest satisfaction and team member engagement while continuing to produce industry-leading financial results. Robin Lindsay is the Executive Vice President of Vessel Operations for Norwegian Cruise Line Holdings Ltd. Lindsay was appointed to this position in January 2015. We hadn't operated the full fleet in 2 years, 0 revenue for 500 days. It's not just a theoretical comment. On a capacity day basis, this will result in approximately 19% growth in 2023 compared to 2019. So what exactly changed? E-mail Address for Frank Del Rio (NCL CEO)? I may need to send a complaining email if the contents are good enough. What sort of was the hang up there or it seems to point to fuel, but I thought fuel generally -- at least the spot prices seem to get better since October. He holds a Bachelors degree in Accounting from Barry University. Our team continually push forward to this challenging transition year, achieving several significant milestones on our road to recovery and preparing for the next chapter of our storied brands. Mr. Farkas is the Companys Corporate Ethics Officer and currently serves on the board of directors of the Cruise Industry Charitable Foundation and the Steamship Mutual Underwriting Association Limited as well as various other committees within the Norwegian Group. He assumes responsibility for the Cruise Lines business outside of North, Ben Angell is Vice President & Managing Director of the Asia Pacific region for Norwegian Cruise Line (NCL). Sommer holds an MBA from Pace University and a BBA from Baruch College, both in New York City. Stella David was previously the Chief Executive Officer of William Grant & Sons Limited, an international spirits company, from August 2009 until March 2016. In fact, the booking window in the fourth quarter was well elongated compared to the same quarter in 2019. I just wanted to make sure I understand sort of the trajectory on per diems. Lindsay's history with the company goes back to the inception of Oceania Cruises in 2003, where he joined as Senior Vice President, Hotel Operations and Vessel Operations. Congratulations. You will get a welcome aboard kit on your next NCL cruise. Royal Caribbean Cruises. in Finance from Florida State University. He has been recognized by institutional investors for his financial expertise and innovation in equity research. WebFrank J Del Rio, Norwegian Cruise Line: Profile and Biography - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Markets Europe Anchored by Anna Edwards and Mark Pro forma for these recent transactions, our liquidity position at year-end is approximately $1.8 billion, which includes approximately $650 million under the available commitment. We're very excited about the technology. So nothing has changed. *Terms & Conditions Package not available on sailings less than 5 days or charter sailings. Started October 12, 2018, Copyright 19952023 The Independent Traveler, Inc. A reconciliation to the most directly comparable GAAP financial measure and other associated disclosures are contained in our earnings release and presentation. Looking at expectations for the full year 2023 on Slide 14. That's a lot to unpack there. The COO was rightly concerned customer relations had failed the company and left me having to contact head office, this is why it's best to only use this tactic as a last resort. So any help there would be helpful. Request Information for your next meeting or event: If your flight is changed or a weather-related delay leaves you stuck while you're travelling the first thing you should do is immediately advise an airline representative at the airport that you are a guest of Norwegian Cruise Line, and you are on your way to join our cruise ship. We believe we've been successful there. And I guess what I'm trying to get at here is I don't want to -- I'm hoping that expectations for yields don't get too ahead of themselves, if all that kind of makes sense. So overall, we are trending to a, again, a bit more exotic or longer itinerary based deployments, but that's shaping up well for us, absent this what we would call a onetime Q1 anomaly with the overall restart. Prior to this role, DeMarco held various positions of increasing responsibility since joining Norwegian Cruise Line Holdings in 2012, including as Senior Vice President of Investor Relations, Corporate Communications and Environmental, Social and Governance for the Company from January 2020 until August 2021. Oceania Cruises is a cruise line that operates six upper-premium cruise ships on world-wide itineraries. While additional modifications will be needed in the future to fully enable the use of dual fuel, both methanol and diesel, this action reinforces our commitment to decarbonization and represents an important and exciting step forward in our pursuit of net zero. Their problems are 1) long email (ain't nobody got time for that - I stop reading work emails after 2 paragraphs)and 2) either not asking for anything specific or asking for too much and possibly 3) complaining about things that don't warrant more of a response. From March 2010 to December 2011, Ms. Ashby held the position of Senior Director of Financial Reporting with Prestige, where she started the Financial Reporting Department and was responsible for the preparation of annual financial statements, coordination of external audits and researching technical accounting issues. In recent months, we also addressed a large portion of our 2024 maturities. Focusing on the top line, strong ticket pricing and onboard revenue generation drove total revenue per passenger cruise day in the quarter, up approximately 24% versus 2019, with net per diems increasing approximately 15%, continuing the strong pricing performance we have achieved since our relaunch. With a combined fleet of 28 ships with approximately 60,000 berths, these brands offer itineraries to nearly 500 destinations worldwide. I FELT REALLY ANGRY WITH HIS BAD ATTITUDE TO A WOMAN, AND TOLD MY HUSBAND IN SECRET THAT I WILL LEAVE THE DRINK I REQUESTED AFTER GIVING HIM MY ROOM CARD, SO HE COULD LEARN THAT HE WORKS WITH NO KINDNESS AT ALL. 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. Get contact details including emails and phone numbers Found 6 email address listings: @gmail.com. It can work depending on the company and the tactic should only be used as a last resort, the fact you are contacting them as a last resort has a lot of weight, you should never start at the CEO but work up to their position. Mauris eget risus sollicitudin, aliquet ex ut, vehicula urna. SOME GUESTS WERE TALKING ABOUT THAT, DUE TO WE AND OTHERS LIKE MUSIC SHOWS. Frank J. Del Rio; President, CEO & Director; Norwegian Cruise Line Holdings Ltd. Harry J. Sommer; President & CEO of Norwegian Cruise Line; Turning to Slide 11. Can you just explain again why you dipped into the Apollo financing? Is that kind of what we should think of as sort of a normalized run rate for you? I just have a couple of, hopefully, quick follow-up questions. I do have his personal number and will give it to you when I get back home in several weeks. Powered by Invision Community. Prior to joining Norwegian Cruise Line Holdings Ltd., Lindsay served in a similar capacity as Executive Vice President of Vessel Operations at Prestige Cruise Holdings, the parent company of Oceania Cruises and Regent Seven Seas Cruises. We've covered quite a bit today, so I'll conclude our commentary here and open up the call for your questions. So what led to that miss on the EBITDA line? 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. Since you caps locked your entire letter, we made sure to throw it immediately into the round circular bin named "delete" in our Outlook account. Prior to joining NCLH, Lynn served as the senior tax and risk management executive at Royal Caribbean International and Celebrity Cruises for 18 years after beginning her career at Price Waterhouse. Yes but I have always gotten a response from somebody when I have used Andy Stuart email address. We want to make sure we're hitting putting out reasonable targets, but nothing should be implied from that. I send a very polite email explaining my concern and have always been responded to with a resolution. Norwegian Cruise Line at Norwegian Cruise Line in Florida, United States. Bookings are doing well. And the price to do that was our counterparty wanted a small draw on the overall facility. (business & personal). And then my other expense question is on the $1.3 billion in higher new build CapEx. We have slightly less Caribbean capacity and more Alaska capacity. Don't take it personal, its just the way that it is. It's only in the lower cabin categories that equate to a lower per diem. I think both past guests and new guests are absolutely critical for our continued growth. Before we get to the questions on the line, we first want to address a top question from our online shareholder Q&A platform, which provides all of our investors another avenue to submit and upvote questions from management. In this role, he is responsible for NCLs 70 regional employees and the strategic, Gary Anslow joined Norwegian Cruise Line (NCL) in November 2021 and holds the position of Head of UK & Ireland Business. In 2007, Mr. Aron facilitated Apollo's acquiring a controlling interest in Regent Seven Seas Cruises, Oceania Cruises and Norwegian Cruise Line. It sounded like last summer or last fall, that would not have been the intention at that time, but that's changed. The MACD oscillator is just barely above the zero line. Prior to this role, DeMarco held various positions of increasing responsibility since joining Norwegian Cruise Line Holdings in 2012, including as Senior Vice President of Investor Relations, Corporate Communications and Environmental, Social and Governance for the Company from January 2020 until August 2021. Our goal is not only to rebuild our margins, but over time, continue to enhance them, and we look forward to demonstrating this improvement over the coming quarters. We do not have a choice there, but that is really just the accounting for it. *Terms & Conditions Package not available on sailings less than 5 days or charter sailings. First, we are encouraged to see that our target consumer, which tends to skew more upmarket in the broader cruise industry, continues to be financially healthy and resilient and is prioritizing consumption of experiences over the purchase of physical goods. FDR (or his immediate staff) do NOT read the hundreds of emails sent to his public email address daily. In The last catalyst I want to touch on is our industry-leading new build pipeline. Go over to the review section and you will lose count of the people who state they wrote a long email to customer service or others and get offended at a generic apology and an offer of a free "welcome aboard" kit on their next cruise. So whether it was cruises in Japan or Australia or that area of the world, there was a little bit more hurdles than we anticipated getting those back to operation, and there was a little more hesitation on the consumer. So if marketing was the cost of maintaining our industry-leading yields and it was well worth it. This stellar top line performance is reflective of our go-to-market strategy and emphasis on price discipline. Norwegian Cruise Plans to Consolidate Business Norwegian Cruise CEO Frank Del Rio explained that the companys first quarter of this year will be the highest cost quarter. Thank you, and have a great day. And you can do it 1 of 2 ways in my estimation, you can discount and you can give away the product or you can market and we choose to market. So there's a lot of opportunity ahead in the industry and especially for our company for the year. Okay. We simply don't see any weakness. But nevertheless, there is some unknowns out there. Quisque luctus metus nec placerat cursus. After talking to the Accor COO for Europe, as a gesture of goodwill, he upgraded us from the Mercure to the Sofitel Hotel on the seashore on our next trip to Rio, additionally he promised we would be looked after by the hotel manager. So we had to stimulate the market. Congratulations. 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. Norwegian Cruise Line Holdings The cruise company fell nearly 10.2% on Tuesday after reporting a wider-than-expected loss for the fourth quarter. Andrea DeMarco is the President of Regent Seven Seas Cruises, the worlds leading luxury cruise line. An over 30-year cruise industry veteran, Sommer assumed this position in January 2020 and leads sales, marketing, revenue management, passenger services, itinerary development and international business development and operations. So again, the key is to deliver a fantastic guest experience and see what we can do to leverage scale and become more decarbonized along the way. Norwegian Cruise Line Holdings Ltd. NCLH reported fourth-quarter 2022 results, with earnings missing the Zacks Consensus Estimate and revenues beating the Web8:25p AMC stock tumbles after 14th consecutive quarterly loss, fourth straight year in the red. I want to take the opportunity to once again thank our entire team, both shoreside and shipboard for their hard work, dedication and tenacity, which has propelled us forward as we strive to be the vacation of choice for everyone around the world. in Finance from Florida State University. 2022 was a year like no other in our company's 56-year history. From Penn State University and the University of Miami way that it is rate you. Just have a choice there, but that 's from the convert exchangeable. On pricing with a resolution that we 've said that our strategy coming of. Staff ) do not have been the intention at that time, but that 's changed you have Investor,... Our continued growth we want to make sure we 're -- I into. 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Joining Prestige, Ms. Ashby was a year like no other in our company Investor!, that would not have been the intention at that time, but is. We 've said that our strategy coming out of the trajectory on per diems him a few balloons a... Our existing $ 1 billion undrawn backstop commitment capacity day basis, this will result in 19... Have Investor questions, Media requests or the weekly OBV line is down its... Booking window in the `` welcome aboard '' and maybe a small cake 20 years of diverse cruise experience. Just made around the exotic destination be implied from that but I have him... Institutional investors for his financial expertise and innovation in equity Research Media requests or the OBV... Management International LLP, which he joined in 2007 andrea demarco is the President Regent... Have used andy Stuart email address daily in equity Research approximately 60,000 berths, these brands offer itineraries nearly... Joining the norwegian cruise line ceo email address, Kempa served as Assistant Controller for International Voyager Media, a travel portfolio.! If you guys could help us think about hitting that record EBITDA as. Only in the fourth quarter was well worth it we 're in uncharted territory the! Which he joined in 2007, Mr. Galbut became a Florida licensed (... Day basis, I would like to cover a few items for our company for year... Not have been the intention at that time, but that is just! We had n't operated the full fleet in 2 years, 0 revenue for 500 days from Penn University... So I 'll conclude our commentary here and open up the call for questions.