Norwegian CEO Says Cruise Bookings Show Consumers Are Confident
Photo Credit: Norwegian Escape is shown in Tortola. Norwegian Cruise Line / Danny Lehman
Skift Take
Do healthy cruise line bookings signal a robust economy? We'll find out.
Consumer confidence fell and stocks continued their slump Tuesday. But Frank Del Rio said he sees reason for optimism.
The president and CEO of Norwegian Cruise Line Holdings told analysts Tuesday in an earnings call that the Miami-based cruise company entered the year with more reservations on the books — at higher prices — than ever before.
And customers are even looking past the uncertainty of the upcoming election season to plan their cruises for next year. The first half of 2017, Del Rio said, is 30 percent more booked at higher prices than the same time a year ago.
"We all know what the pundits have been saying about the overall economy and the threat of recession, et cetera, et cetera," he said. "But I've always believed that the cruise industry, becau
