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 Royal Caribbean cruise ships made a median annual
Norwegian Cruise Line Increases Service Fees Again – But Will NCL’s Crew Remain Underpaid While CEO Del Rio Continues to be Paid an Average of $25,000,000 a Year?
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…
Back to “Nickel and Diming” Again: Norwegian Cruise Line Jacks Up Gratuities
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…
Federal Court: No Factual or Legal Basis to Prohibit Norwegian Cruise Line Holdings From Requiring Proof of COVID-19 Vaccine
Yesterday evening, Miami federal district court judge Kathleen Williams granted Norwegian Cruise Line Holdings’ motion for preliminary injunction in its lawsuit filed against Florida Surgeon General Scott Rivkees in July challenging Florida’s vaccine passports ban.
Florida prohibited businesses in Florida from requiring proof of a COVID-19 vaccine as a prerequisite for engaging the services of…
Stock Awards During a Deadly Pandemic? (Part II) NCL’s CEO Frank Del Rio Rakes in $36,400,000 in 2020 While Crew Members Struggle
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…