Norwegian Cruise CEO Sees No Signs of Recession

Skift Take
Like other cruise operators, Norwegian Cruise Line Holdings is seeing strong business for 2018 and even 2019. Two words — hurricane season — could interfere, but with so many bookings already made, even a stormy summer shouldn't ruin the year.
Frank Del Rio knows what the standard worry among cruise industry investors is these days: that a recession might loom as the global fleet is growing, potentially leading to costly new ships with a public too cash-strapped to sail on them.
The Norwegian Cruise Line Holdings CEO just doesn't see it playing out in his own business. During a call with analysts Wednesday, he acknowledged "a heightened level of chatter among some investors about the possible impact from the rising risk of a near-term rec