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Norwegian Cruise Line Holdings (NCLH) is a holding company that is domiciled in Bermuda and based in the United States. [4] [5] It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world.
Norwegian Cruise Line Holdings is planning $300 million of savings through 2026 amid record demand for cruise travel as it consolidates back-office activity through the use of low-cost technology.
Norwegian pioneered many firsts in the cruise industry, such as the first exclusive private island, Great Stirrup Cay in the Bahamas, [further explanation needed] the first combined air-sea program (marketed as "Cloud 9 Cruises"), which combined low-cost air fares with the cruise, Freestyle Cruising, which is a form of relaxed and informal cruising, and first shipline to develop new ports in ...
Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) shares are trading higher after the company reported better-than-expected third-quarter results and raised its annual guidance. NCLH reported third ...
Image source: Getty Images. 2. Viking Holdings. One of the newest publicly traded cruise line stocks hit the market at $24 in May. It has nearly doubled since then. Unlike the larger Carnival ...
Regent Seven Seas Cruises (RSSC), formerly known as Radisson Seven Seas Cruises, is a luxury cruise line headquartered in Miami, Florida, United States. Since September 2014, Regent Seven Seas Cruises has been a wholly owned subsidiary of Norwegian Cruise Line Holdings, which also owns Norwegian Cruise Line and Oceania Cruises.
The line's President is Frank A. Del Rio Jr. who is the son of the co-founder of the brand, Frank A. Del Rio Sr. Since September 2014, Oceania Cruises has been a wholly owned subsidiary of Norwegian Cruise Line Holdings, which also owns Norwegian Cruise Line and Regent Seven Seas Cruises.
The cruise lines stocks, despite positive performance this year, still look cheap on a forward P/E basis, with Carnival, Royal Caribbean, and Norwegian trading at 12, 14.6, and 12.6 times forward ...
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