Norwegian Cruise Line Wants Passengers to Keep Spending More at Sea
Photo Credit: Norwegian Cruise Line released strong second-quarter earnings Thursday. Norwegian Bliss is shown in New York City in a photo from earlier this year. Norwegian Cruise Line
Skift Take
Cruise lines keep loading their ships with things for passengers to buy — Starbucks latte and a game of laser tag, anyone? With consumers feeling confident, no one seems to mind spending money on extras. But if the economy takes a turn for the worse, will that change?
The world's third-largest cruise company sailed to a record second quarter thanks to strong demand, higher onboard spending, and the performance of its newest megaship.
Norwegian Cruise Line Holdings — which includes Norwegian Cruise Line, Oceania Cruises, and the luxury Regent Seven Seas Cruises — reported Thursday that revenue increased more than 13 percent to $1.5 billion, while net income jumped to almost $227 million compared to about $199 million last year.
The company raised its full-year outlook to adjusted earnings per share of $4.70 to $4.80, significantly higher than the $4.45 to $4.65 it had set at the beginning of the year. Executive
