Im Carrie Ann, the writer behind Should Be Cruising. We utilize Adjusted Gross Margin, Net Yield, and Net Per Diem to manage our business on a day-to-day basis and believe they are relevant measures of our revenue performance because they reflect revenue earned net of certain direct variable costs. As our business includes the sourcing of passengers and deployment of vessels outside of the U.S., a portion of our revenue and expenses are denominated in foreign currencies, particularly British pound, Canadian dollar, Euro and Australian dollar which are subject to fluctuations in currency exchange rates versus our reporting currency, the U.S. dollar. shares of Norwegian Cruise Line stock, youre probably wondering if you can get more free onboard credit for each block of 100 shares you own. The benefit has to be claimed in advance. You will get: The benefit also applies to the other cruise lines owned by NCLH Oceania Cruises and Regent Seven Seas Cruises. Could you please tell me how I can improve it? Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic factors, such as fluctuating or increasing levels of interest rates, inflation, unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; the spread of epidemics, pandemics and viral outbreaks, including the COVID-19 pandemic, and their effect on the ability or desire of people to travel (including on cruises), which is expected to continue to adversely impact our results, operations, outlook, plans, goals, growth, reputation, cash flows, liquidity, demand for voyages and share price; implementing precautions in coordination with regulators and global public health authorities to protect the health, safety and security of guests, crew and the communities we visit and to comply with regulatory restrictions related to the pandemic; our indebtedness and restrictions in the agreements governing our indebtedness that require us to maintain minimum levels of liquidity and be in compliance with maintenance covenants and otherwise limit our flexibility in operating our business, including the significant portion of assets that are collateral under these agreements; our ability to work with lenders and others or otherwise pursue options to defer, renegotiate, refinance or restructure our existing debt profile, near-term debt amortization, newbuild related payments and other obligations and to work with credit card processors to satisfy current or potential future demands for collateral on cash advanced from customers relating to future cruises; our need for additional financing or financing to optimize our balance sheet, which may not be available on favorable terms, or at all, and our outstanding exchangeable notes and any future financing which may be dilutive to existing shareholders; the unavailability of ports of call; future increases in the price of, or major changes, disruptions or reduction in, commercial airline services; changes involving the tax and environmental regulatory regimes in which we operate, including new regulations aimed at reducing greenhouse gas emissions; the accuracy of any appraisals of our assets as a result of the impact of the COVID-19 pandemic or otherwise; our success in controlling operating expenses and capital expenditures; trends in, or changes to, future bookings and our ability to take future reservations and receive deposits related thereto; adverse events impacting the security of travel, or customer perceptions of the security of travel, such as terrorist acts, armed conflict, such as Russias invasion of Ukraine, and threats thereof, acts of piracy, and other international events; adverse incidents involving cruise ships; breaches in data security or other disturbances to our information technology and other networks or our actual or perceived failure to comply with requirements regarding data privacy and protection; changes in fuel prices and the type of fuel we are permitted to use and/or other cruise operating costs; mechanical malfunctions and repairs, delays in our shipbuilding program, maintenance and refurbishments and the consolidation of qualified shipyard facilities; the risks and increased costs associated with operating internationally; our inability to recruit or retain qualified personnel or the loss of key personnel or employee relations issues; our inability to obtain adequate insurance coverage; pending or threatened litigation, investigations and enforcement actions; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; any further impairment of our trademarks, trade names or goodwill; our reliance on third parties to provide hotel management services for certain ships and certain other services; fluctuations in foreign currency exchange rates; our expansion into new markets and investments in new markets and land-based destination projects; overcapacity in key markets or globally; and other factors set forth under Risk Factors in our most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q and subsequent filings with the Securities and Exchange Commission. The cruise line says you need to be a shareholder at the time of sailing, but I've never heard of them actually checking after your OBC is approved. I had no idea that this was even a thing. And as long as you remember to claim every time, youll get the benefit for every cruise you book which could end up being good value if youre someone who cruises with the same cruise line on a regular basis. A former flight attendant, she now prefers cruise ships over airplanes and spends several months each year cruising and exploring cruise ports. Get early access to the ShareClub Platform, and browse/redeem shareholder rewards. You are encouraged to evaluate each adjustment used in calculating our non-GAAP financial measures and the reasons we consider our non-GAAP financial measures appropriate for supplemental analysis. Hi, I'm Jenni. If you cruise frequently it's possible that this perk will pay for itself in the amount that you spend on shares, but as with all investments, it's important to be cautious when investing. As part of the amendment and to provide the Company with the option to extend the commitment for a second year, the Company issued $250 million of 9.75% senior secured notes due 2028. Research the stock. Company Updates and Other Business Highlights: Environmental, Social and Governance (ESG). (2) Non-cash share-based compensation expenses related to equity awards, which are included in marketing, general and administrative expense and payroll and related expense. In total, the combination of these two actions provides the Company with approximately $900 million of liquidity. Hi John, that's awesome! Net cash provided by operating activities was approximately $237 million. Proof of shareholder status could include: Be sure to also fill out the Shareholder Benefit Request Form completely, including your full name, address, phone number, and email. The Company reported Adjusted Net Loss of $(439.7) million or Adjusted EPS of $(1.04) in 2022. Non-newbuild capital expenditures for the fourth quarter of 2022 were $89million. The shares need to be held in the name of a booked passenger to earn OBC. Norwegian Cruise Line Holdings LTD. is part of a group of cruise lines that offer discounts & rewards to their shareholders. Gave me the run-around for a while and then sent me a bogus email saying they tried to open the pdf proof that I sent but they couldn't. The following table provides amounts hedged and price per barrel of heavy fuel oil (HFO) which is hedged utilizing Brent and marine gas oil (MGO) which is hedged utilizing Gasoil. Anyone else been having troubles getting their onboard credit. There is no limitation on the number of referrals you can make and the number of positions you can move in the queue. Fourth Quarter and Full Year 2022 Financial Results Conference Call, Norwegian Cruise Line Holdings Reports Fourth Quarter and Full Year 2022 Financial Results, CELEBRITY CHEF GIADA DE LAURENTIIS NAMED GODMOTHER OF OCEANIA CRUISES' NEW SHIP VISTA, Norwegian Cruise Line Holdings to Hold Conference Call on Fourth Quarter and Full Year 2022 Financial Results, OCEANIA CRUISES SHOWCASES THE NATURAL WONDERS OF ALASKA'S "LAST FRONTIER" FROM A NEW PERSPECTIVE WITH AUTHENTIC, LOCALLY CURATED TRAVEL EXPERIENCES LED BY COMMUNITY MEMBERS, Regent Seven Seas Cruises and Shipbuilders Fincantieri Celebrate Float Out of Seven Seas Grandeur, NCL Corporation Ltd. $100 Onboard Credit per Stateroom on Sailings of 7 to 14 Days. But, you can use your onboard credit for almost anything youd normally pay for once youre on the ship. This benefit is available to shareholders holding a minimum of 100 shares of Carnival Corporation or Carnival plc. We also utilize Net Cruise Cost and Adjusted Net Cruise Cost Excluding Fuel to manage our business on a day-to-day basis. We use certain non-GAAP financial measures, such as Adjusted Gross Margin, Net Yield, Net Cruise Cost, Adjusted Net Cruise Cost Excluding Fuel, Adjusted EBITDA, Adjusted Net Loss, Adjusted EPS, Net Per Diem, Free Cash Flow and Adjusted Free Cash Flow, to enable us to analyze our performance. Net booking volumes continue to be at the pace needed to reach historical Occupancy levels for the second quarter of 2023 and beyond. To answer your second question, you don't need to own the NCL stock for 60 days (or any other specific length of time) to use it. You shouldnt invest in a cruise line just to get onboard credit you could lose a lot of money if something bad happened to the market. Norwegian Cruise Line Holdings' Benefits Program includes: Medical, Dental and Vision plans; Company Paid Life Insurance Plan; Supplemental Life and Dependent Life Insurance MIAMI, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (together with NCL Corporation Ltd., "Norwegian Cruise Line Holdings", "Norwegian" or the "Company") today reported financial results for the fourth quarter and full year ended December 31, 2022 and provided guidance for the first quarter and full year 2023. Management believes Free Cash Flow and Adjusted Free Cash Flow provide investors with useful financial metrics to assess our ability to service and repay our debt and to pursue opportunities to enhance our growth after making the capital investments required to support ongoing business operations and long-term value creation. We and our partners use cookies to Store and/or access information on a device. Open your brokerage account. Offer and combinability with other promotional offers is subject to change at any time per Norwegian Cruise Line, Oceania Cruises, and/or Regent Seven Seas Cruises discretion. However, if you were thinking of investing in a cruise company anyway, the shareholder benefit is a nice bonus, especially since it applies to every cruise line in the group. Approximately 40% of the FCC balance outstanding has been applied to future sailings. The benefit has to be claimed in advance. Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Provision for bad debts and inventory obsolescence. Earn OBC youre on the ship im Carrie Ann, the combination of these two actions provides the reported..., Social and Governance ( ESG ) fourth quarter of 2022 were $ 89million writer behind Should be.! The name of a booked passenger to earn OBC for the second quarter of 2022 were 89million... 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