Norwegian Cruise Line finished last among 19 ocean cruise lines in a new Consumer Reports satisfaction survey based on responses from 18,850 members.
Continue Reading Norwegian Cruise Line Lands at the Bottom of Consumer Reports Satisfaction Survey
Norwegian Cruise Line finished last among 19 ocean cruise lines in a new Consumer Reports satisfaction survey based on responses from 18,850 members.…
Continue Reading Norwegian Cruise Line Lands at the Bottom of Consumer Reports Satisfaction Survey
Seatrade Cruise News reports that Frank Del Rio, former president and CEO of Norwegian Cruise Line Holdings (NCLH), is suing NCLH and four past directors. The lawsuit, filed in the Eleventh Judicial Circuit for Miami-Dade County, alleges that to cut executive compensation expenses, NCLH directors pressured Del Rio to retire early. Del Rio negotiated an early…
There were two news stories this past week which prove that the maxim “rich cruise tycoons get richer” remains true while the debt-strapped cruise industry continues to struggle. Business Insider reported that Royal Caribbean Cruises, Ltd. CEO Jason Liberty collected $10,760,000 last year. Meanwhile, crew members on…
Norwegian Cruise Line Holdings, parent company of NCL, Oceania Cruises and Regent Seven Seas Cruises, terminated nine percent of its shoreside workforce earlier this week, according to the Miami Herald. NCL did not explain why it was
necessary to terminate nearly a tenth of its employees, particularly during the holiday season. Meanwhile, NCLH promoted…
A number of travel publications are reporting that Norwegian Cruise Line (NCL) is drastically increasing its service charges by an unprecedented 25% for most cabins, effective January 1, 2023. NCL’s new rate for most passenger cabins will increase $4 from the current $16 a cabin to $20 cabin per person per day. NCL’s guests staying…
The cost of daily service charges on cruise ships operated by Norwegian Cruise Line (NCL) has increased again, to as much as $20 per person, per day according to several news sites. Cruzely and The Street report that the new charges reflect a “hike of $1.50 daily for The Haven and Suites, no change for…
Norwegian Cruise Line Holdings (HCLH) announced today that it will require its crew and passengers to be vaccinated as a prerequisite to cruising. NCLH stated that it will follow its own “Sail Safe” protocols and “Healthy Sail” protocols which it developed with experts who it hired with Royal Caribbean. NCLH has…
Frank Del Rio, president and CEO of Norwegian Cruise Line Holdings, received compensation in the staggering amount of $36,400,000 in 2020, consisting primarily of nearly $18,000,000 in stock awards, according to a recent Security and Exchange Commission (SEC) filing. The news was initially reported by the cruise trade publication Cruise Industry News.
CEO Del…
Yesterday’s zoom meeting for the tourism and ports committee brought executives for the major cruise lines together with Miami-Dade commissioners. Agenda item number one involved Miami-Dade County Tourism and Ports Committee Chair Rebeca Sosa discussing the “opening plan for the cruise line.”
The problem, of course, is that none of the Miami-based cruise lines in…
Reducing the occupancy of ships once the industry is permitted to return to sailing is an integral first step toward combating the spread of COVID-19. But fewer passengers means fewer cruises fares sold. And most significantly, reduced occupancy means reduced onboard revenue from alcohol sales, casinos, gift shops, specialty…
Royal Caribbean Cruises and Norwegian Cruise Line recently announced that they hired a panel of former public health officials to advise the cruise lines regarding how to safely return to cruise operations. Royal Caribbean CEO Richard Fain and Norwegian Cruise Line Holdings CEO Frank Del Rio announced that they created the “Healthy Sail Panel” to…
Yesterday Breaking Travel News published an interview with Frank Del Rio, NCL’s president and CEO. He claimed that a cruise ship can be “safer than anywhere else in the world.”
On March 13th, the Centers for Disease Control and Prevention (CDC) issued a “no sail” order which prohibited cruise ships
from sailing from…
Norwegian Cruise Line Holding’s CEO Frank Del Rio (photo above, via CNBC, in happier times in 2019) collected $17,808,364 in compensation last year, including $12,201,324 in stock awards and $3,600,000 in incentive plan compensation according to SEC filings. His compensation was down from…
President Trump announced a list of “Great American Economic Revival” industry groups at the coronavirus briefing on Tuesday. He said that the groups will advise the White House on reopening the economy after the shutdown necessitated by the COVID-19 pandemic.
The Great American…
The Sun Sentinel recently published an article, the Top 10 Highest-Paid CEOs in South Florida. Included in the top ten list, are three cruise executives: Norwegian Cruise Line Holding’s Frank Del Rio, Royal Caribbean Cruises’ Richard Fain, and Carnival Corporation’s Arnold Donald.
#1: Norwegian Cruise Line Holding’s Frank Del Rio:
The highest paid cruise…
Norwegian Cruise Line Holdings Ltd. (NCLH) reports that its CEO Frank Del Rio’s total compensation for 2017 was $10.5 million.
Cruise executive Del Rio received compensation valued at $2.9 million in 2016, down from almost $32 million in 2015. According to Seatrade Cruise News, Mr. Del Rio received compensation valued at $31.9 million in 2015…
NCL Holdings president and CEO Frank Dek Rio rang the bell this morning at the New York Stock Exchange in celebration of the five year anniversary of NCL’s listing. Del Rio was later interviewed by CNBC when he was asked about cyclone Grayson, often called the “bomb cyclone” storm, which terrorized the passengers aboard the…
William Shatner, who played Captain Kirk in the 1960 classic science fiction television series Star Trek, reportedly recently urged Norwegian Cruise Lines (NCL) to stop offering "swim with dolphins" excursions on its upcoming Star Trek themed cruise.
According to the Hollywood Reporter (THR), Mr. Shatner is hosting the "Star Trek: The Cruise" voyage aboard the…