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Matt Miller

👤 Speaker
1959 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

Joining us now is Harry Sommer, Norwegian Cruise Lines President and CEO.

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

And Harry, we've been talking about cruises all

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

for the entire morning now because Carnival came out with better numbers than expected and yet its stock also traded down.

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

What do you think the problem is?

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

Why isn't the market embracing better numbers and newer product?

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

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?

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

And that seems to be what investors want.

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

That's what analysts are after.

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

Plus, you have higher-end, newer ships coming out to court the luxury consumer.

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

That also is what

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

we read that people want.

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

And yet your stock, even though you've had a great three months, has really underperformed over the longer term.

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

So why aren't investors seeing these products and these results and rewarding you for them?

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

You have the Oceana, that's the luxury brand that you operate, Allura.

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

It's a new boat coming back from its maiden voyage, I think tomorrow.

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

Yes.

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

Tell us what's different.

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

What's new?

Bloomberg Talks
Norwegian Cruise Lines CEO Talks Upgrading Fleet 

What are you offering consumers that differentiates this boat from, you know, other sort of luxury high-end big cruise lines?

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