Matt Miller
👤 SpeakerAppearances Over Time
Podcast Appearances
Joining us now is Harry Sommer, Norwegian Cruise Lines President and CEO.
And Harry, we've been talking about cruises all
for the entire morning now because Carnival came out with better numbers than expected and yet its stock also traded down.
What do you think the problem is?
Why isn't the market embracing better numbers and newer product?
Well, I mean, the reason I ask about better results is I was just reading in a story that you make more money at Norwegian than any of your competitors in terms of the amount passengers spend on board, right?
And that seems to be what investors want.
That's what analysts are after.
Plus, you have higher-end, newer ships coming out to court the luxury consumer.
That also is what
we read that people want.
And yet your stock, even though you've had a great three months, has really underperformed over the longer term.
So why aren't investors seeing these products and these results and rewarding you for them?
You have the Oceana, that's the luxury brand that you operate, Allura.
It's a new boat coming back from its maiden voyage, I think tomorrow.
Tell us what's different.
What's new?
What are you offering consumers that differentiates this boat from, you know, other sort of luxury high-end big cruise lines?