From 1996 through 2007, Mr. Abrams was a Managing Director in the Leveraged Finance Group of Credit Suisse, based in London and New York. We will be available to answer any of your questions throughout the day and we wish you a good day, and please stay safe. We simply don't see any weakness. 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 going to scale start scaling that back. Her positions with the U.S. Coast Guard included Director, Incident Management Preparedness Policy from 2012 to 2015, Commander, Eighth Coast Guard District from 2009 to 2011, where she oversaw operations for a region including 26 states with over 10,000 active, reserve, civilian, and auxiliary personnel under her command, Director of Governmental and Public Affairs from 2007 to 2009 and various tours from 1980 to 2007, which culminated in her advancement to Rear Admiral. DeMarco has 20 years of diverse cruise industry experience across multiple areas of the business. 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. Some modules are disabled because cookies are declined. 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. You've heard us say many times that the cruise industry as a whole is vastly underpenetrated, and we have significantly -- have a significant runway ahead to attract new to cruise guests, creating awareness, drawing buzz, partnering with a travel agent community and even having investors such as yourselves, deliver the message, of the value and unique experiences that cruises offer is a large part of what we do every single day, and we'll continue to do so to drive that message to as many possible guess as we possibly can. Yes but I have always gotten a response from somebody when I have used Andy Stuart email address. I send a very polite email explaining my concern I'm incredibly proud, honored and inspired to work alongside each and every one of you. Del Rio has a B.S./B.A. Corporate office mailing address https://www.ncl.com/about/contact-us I want to ask about how you guys think about cutting costs versus balancing the customer experience? Prior to the Companys acquisition of Prestige Cruises International S. de R.L. DeMarco earned an M.B.A. in Finance from Florida International University and a B.S. James, it's Mark. Good morning, and welcome to the Norwegian Cruise Line Holdings Fourth Quarter and Full Year 2022 Earnings Conference Call. So I was just curious if you could unpack your current bookings a little bit? 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). Thanks for the clarification, SeaShark. Emails to FDR are sent to a guest relations department for response. Norwegian Cruise Line CEO says it is unlikely the company will be able to restart US cruises in July. 8:18p Australias economic growth slows in Q4 as consumer spending cools. This is Harry Sommer. Norwegian Cruise Line Holdings president and CEO Frank Del Rio told Wall Street analysts on the call that the third and fourth ships in the six-ship series would be As we successfully concluded our Great Cruise Comeback with the last vessel in our fleet reentering service midway through the year. He also previously served on several charitable boards, and serves on the Deans Advisory Board for the Cornell University School of Hotel Administration. Don't take it personal, its just the way that it is. We believe we've been successful there. ONE OF THE NIGHTS I WAS IN OH SHEHANNS BAR AND SAW A WAITRESS MAN THAT PICKED UP THE SPRITE OR CLUB SODA OR THE WATHER THAT COMES OUT FROM THE HOUSE IN THE BAR AND FILLED UP A GLASS FOR A GUEST THAT WAS IN OTHER TABLE (SITED OUT OF THE BAR). So I think when we look at the year overall, we do have more -- we are leading to a more exotic deployment mix. 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. I wonder how many complaints they have about the "Welcome Aboard" kit and what the next level is. 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. We're confident of where we are, but we think a range is the most appropriate way to go at this point, given all the factors in front of the world as a whole. Second, we also entered into a new $300 million unsecured and undrawn backstop commitment. There is one thing I want to remind you as well as we are taking on a more -- we have a more pronounced mix effect with the operating capacity that we're bringing online as well. POOL AREA (THE ENTICE DUO) THE WOMAN NEVER TALKED DURING THE SHOW, NEVER HOSTED WITH A WORD OF HAPPINESS TO THE GUESTS AND LOOKED TIRED, WITHOUT EMOTION. Mr. Farkas joined Norwegian in January 2004 and previously held the positions of Senior Vice President, Vice President and Assistant General Counsel. 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. Can you just touch on the plans or changes to the premium class. And then second question, Mark, this is probably going to be for you, and it's kind of a quasi accounting question, which I'm not an expert in. 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. Aperiam, aspernatur. She joined NCLH as Controller in November 2014 after the Acquisition of Prestige. And on the other hand, we have economists telling us that we're -- there's a high chance of recession. And to what extent there could be further room in coming years? And even if you start looking into '24, it's never too early to talk about next year. Thank you for joining us for our fourth quarter and full year 2022 earnings and business update call. We also have a robust new build pipeline as we just finished discussing. That's a lot to unpack there. Previously, he was the Founder & Partner, Non-Performing Loans, for Apollo Management International LLP, which he joined in 2007. We are hitting our milestones that we've laid out for several quarters now. Most complaint emails seem to be from nut jobs. Sommer holds an MBA from Pace University and a BBA from Baruch College, both in New York City. 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. 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. EMBARK with These ships have been lengthened in part to accommodate the future use of alternative fuels. Roland 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. In Thank you for your patience and understanding. So look, it's management's responsibility to optimize revenue and minimize costs. Did you get the pricing benefit that you had expected? I'm just trying to figure out if you guys could help us think about what that impact is on that yield side? 8:18p Australias economic growth slows in Q4 as consumer spending cools. Last I knew Frank del Rio uses an Oceana Cruise line account. I want to send an e-mail to the attention of NCL CEO Frank Del Rio. I want to ask -- Frank, this is probably for you. As our 2023 guidance indicates, second half 2022 is not representative of a go-forward run rate. 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. 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. As you can see on Slide 8, we have made some modifications to our newbuild pipeline primarily related to the last 2 shifts in the Prima Class. (business & personal). 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. Can you just review with us the rationale there? 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. Hours of Operation: Monday - Friday: 9:00am 7:30pm HKG Time. Home. Turning to liquidity. Del Rio assumed this role in January 2015. He holds a Bachelors degree in Accounting from Barry University. And this is Harry again. Search over 700 in Finance from Florida State University. As a result, delivery days have shifted a bit, and we now expect 1 larger Prima Class ship to be delivered each year from 2025 to 2028. It sounded like last summer or last fall, that would not have been the intention at that time, but that's changed. THANKS GOD THAT I DIDNT ASK FOR A DRINK OUT OF THE BAR AFTER SEEING THAT. And so as we think about that, part of that is enhancing our revenue, enhancing margins, obviously, and rightsizing our cost base. This website uses cookies. Cras maximus ultricies pulvinar. THE WAITRESS WENT WALKING OUTSIDE THE BAR AFTER HAS FILLED THE GLASS AND PUTTIN IT ON THE TRAY. Curabitur sagittis condimentum varius. V4K 2V6. & Conditions Package not available on sailings less So when you look at the totality of that draw, which is relatively minor in the broader scope of our debt, versus having a 2-year flexible backstop, we thought that was the prudent course of action to take at a relatively reasonable cost on the overall facility. Tuesday, February 28, 2023. The weekly OBV line is down from its November high. Regarding new builds, look, the -- we're increasing the size of 4 vessels pretty significantly by, I think, it's more than 10% on 3 and 4 and almost more than 20%. , NORWEGIAN EPIC 2023 (JANUARY 15 TO 22, 2023). So we have to do better, and we are going to do better on leveraging our scale, and that's what we're focused on. And we turned the year in our best book position ever. Crescent Heights has been active in over 15 markets from coast-to-coast and has developed over 50,000 residential units, including pioneering the condo hotel concept. 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. Stella David was previously the Chief Executive Officer of William Grant & Sons Limited, an international spirits company, from August 2009 until March 2016. And just recently, Giada De Laurentiis was named godmother of Oceania's upcoming Vista, which highlights the brand's focus on having the fun is to (inaudible) . Global Edition. Before we wrap up our prepared remarks, I'd like to provide an update on our global sustainability program, Sail & Sustain, which Slide 19 outlines a few key highlights. And now that we've done so and have regained momentum and bookings continue to be strong and we're better booked today than we were a year ago over 2019 at the same period. 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