Norwegian Cruise Faces Surging Demand and Pressing Need to Pare Costs
Skift Take
Norwegian Cruise is confident it can ride on the tailwinds of its 2022 marketing, pricing and service strategies into 2023 while spending less on them.
Norwegian Cruise Line plans to cut across the company in 2023, even as demand surges, in order to increase its profit margins, executives said during a Tuesday earnings call.
The cruise company is still in recovery mode. For the full year 2022, revenue amounted to $4.8 billion, down from $6.5 billion in 2019. Onboard spending was a bright spot. Revenue per passenger per cruise day was up 25 percent higher t
