I'm so sorry that this post wasn't useful for you! * To redeem this special offer, simply complete the attached Shareholder Benefit Request Form and mail or email (with accompanying documentation) request at least 15 days prior to sailing to: To learn more about Norwegian Cruise Line visit www.ncl.com, Mailing Address:Oceania CruisesShareholder Benefit Department 7665 Corporate Center Drive Miami, FL 33126, Email:ShareholderBenefit@oceaniacruises.com, Mailing Address:Regent Seven Seas Cruises Shareholder Benefit Department 1401 NW 136th Avenue, Suite 101Sunrise, FL 33323, To learn more about Regent Seven Seas Cruises visit www.rssc.com. 2 Subject to a springing maturity if certain liquidity conditions are not met. If you own a mutual fund that owns NCLH as part of its holdings, the shares do not count; even if you can prove that you "own" 100 shares or more of the stock. Book Your Cruise Vacation . These non-GAAP financial measures also facilitate managements internal comparison to our historical performance. If you own Norwegian Cruise Line stock (or youre planning on buying some), its super-easy to get your free shareholder OBC. Please submit the Shareholder Benefit Request Form along with proof of ownership by mail or. Offer valid for any vacation on Norwegian Cruise Line, Oceania Cruises or Regent Seven Seas Cruises, excluding charter sailings. 15 minutes unless otherwise indicated (view Shareholder Benefit FAQs. If you are requesting shareholder onboard credit for two or more separate staterooms/ suites and shares are held jointly, a minimum of 100 shares per stateroom/suite booked must be held. Unline with Carnival shareholder benefits which require 4 weeks of notice to claim, according to the NCLH terms and conditions, you have to apply at least 15 days before your cruise. The following reflects the Companys expectations regarding fuel consumption and pricing, along with accompanying sensitivities. Applying for Carnival shareholder stock is simple if you follow these steps: Own at least 100 shares of Carnival stock. (4) Restructuring costs related to the workforce reduction are included in marketing, general and administrative expense. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in our expectations with regard thereto or any change of events, conditions or circumstances on which any such statement was based, except as required by law. RT=Real-Time, EOD=End of Day, Ive worked in the cruise industry since 2015 and now my blog helps over a million people to plan their cruises each month. Adjusted Net Loss and Adjusted EPS were calculated as follows (in thousands, except share and per share data): Extinguishment and modification of debt (4), Diluted weighted-average shares outstanding - Net loss and Adjusted Net Loss. To buy shares in any company, youll typically need to use a stockbroker. You are an employee or agent of Norwegian Cruise Line Holdings Ltd. or its subsidiaries and affiliates, a travel agent or tour operator. 4 MIN. 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. A photocopy of your shareholder proxy card; or. We believe that presenting these non-GAAP measures on both a reported and Constant Currency basis is useful in providing a more comprehensive view of trends in our business. The proceeds from this offering were used to fully repay the term loans outstanding under its Operating Credit Facility that would have otherwise become due in January 2024. employee rates, interline, friends /family rates, vendor rates, cruises taken via cruise credit certificate, or free cruises earned through Oceania Cruises loyalty benefits), and travel agent rates, and charters. Gross margin is calculated pursuant to GAAP as total revenue less total cruise operating expense and ship depreciation. Offer is valid only for new reservations made on or after January 7, 2019. There may be additional risks that we consider immaterial or which are unknown. Learn more about Norwegian Cruise Line's Military Appreciation Program, Oceania Cruises announced the name of the second 1,200-guest Allura Class ship. Operating Cash Flow. Event. $50 Onboard Credit per Stateroom on Sailings of 6 Days or Less. For example, I received $250 OBC for my "15-Day Cruise on Norwegian Joy". May 9, 2022. . Complete the Statement of Information (Form LLC-12R) as follows: . 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. Despite the strict rules around one free OBC benefit per cabin, the cruise lines arent the bed police! Company Updates and Other Business Highlights: Environmental, Social and Governance (ESG). Thanks for the questions! You must use the credit during that cruise. F: 305-436-4140, Jessica John Vice President of Investor Relations, ESG & Corporate Communications T: 305-468-2339, 7665 Corporate Center Drive Miami, FL 33126 InvestorRelations@nclcorp.com, American Stock Transfer & Trust Company, LLC 6201 - 15th Avenue Brooklyn, NY 11219 T: 718-921-8124. In total, the combination of these two actions provides the Company with approximately $900 million of liquidity. Since I always use acruise travel agent, Ill often get extra onboard credit just for booking through the agency. Vista had been scheduled to debut on May 20, 2023, but unprecedented demand for the ship's inaugural season has now driven the maiden voyage forward by a week. if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,250],'shouldbecruising_com-mobile-leaderboard-1','ezslot_16',602,'0','0'])};__ez_fad_position('div-gpt-ad-shouldbecruising_com-mobile-leaderboard-1-0');The cruise lines need to receive all shareholder benefit requests at least fifteen days prior to the sailing date to issue onboard credit. Net loss adjusted for supplemental adjustments. Announces Closing of $600,000,000 of Senior Secured Notes, OCEANIA CRUISES WELCOMES ALLURA TO ITS ACCLAIMED FLEET, OCEANIA CRUISES REVEALS EXOTIC EXPLORATIONS IN ASIA WITH NEWLY RE-INSPIRED RIVIERA, NCL Corporation Ltd. 7/27/2022. Adjusted Net Income. Total cruise operating expense increased in 2022 compared to 2021, due to the continued resumption of voyages, which resulted in higher payroll, fuel, and direct variable costs of fully operating ships, compared to the prior year when only 16 ships were returned to service. She has worked in the cruise industry since 2015 and has taken over 20 cruises. Mail or email your form and proof of shares to the cruise line youll be sailing on: Norwegian Cruise LineShareholder Benefit Department7665 Corporate Center DriveMiami, FL 33126Email: ShareholderBenefit@ncl.comOceania CruisesShareholder Benefit Department7665 Corporate Center DriveMiami, FL 33126Email: ShareholderBenefit@oceaniacruises.com, Regent Seven Seas CruisesShareholder Benefit Department8300 NW 33rd StreetSuite 100Miami, FL 33122Email: ShareholderBenefit@RSSC.com. FY 2022. The Company is undertaking a broad and ongoing margin enhancement initiative and took several steps in recent months to improve operating efficiencies, reduce costs, and maximize revenue generation opportunities while continuing to provide value to its guests. Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Provision for bad debts and inventory obsolescence. You cant use it towards your cruise balance or for gratuities, and you cant transfer your credit to another person or another cruise. Do we have to own the stocks at least 60 days before we are eligible to use it? 3M Shareholder Perk (in 2022) - All you Need to Know. 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. With a combined fleet of 29 ships with over 60,000 berths, these brands offer itineraries to approximately 500 destinations worldwide. Adjusted Gross Margin per Capacity Day. Singles paying 200% are entitled to full onboard credit value. Constant Currency. Can you really get on board credit every cruise? You may also like:How to Save Money on Cruises. Full year 2023 Occupancy is expected to reach approximately 103.5%, partially impacted by a lower first quarter due to the phased voyage ramp up. The Company reported Adjusted Net Loss of $(439.7) million or Adjusted EPS of $(1.04) in 2022. If you own Norwegian Cruise Line shares with another passenger in your stateroom, youre only eligible for one OBC per cruise. It's also important to note that onboard credits are rarely transferrable; they cannot be "saved up" and used on another future cruise. Residents of jurisdictions where ShareClub is registered will be notified first, based on their current position in line, and will be given an invitation to access ShareClub's account onboarding process. The Company has scheduled a conference call for Tuesday, February 28, 2023 at 10:00 a.m. Eastern Time to discuss fourth quarter and full year 2022 results and provide a business update. View Charts Historical Data Seven Seas Grandeur will set sail in November 2023, cruising 18 incredible voyages in the Caribbean and the Mediterranean. The onboard credit for Norwegian Cruise Lines is defiantly one of the nicer shareholder perks available on the market, but it is important to give yourself enough time to apply and qualify for the credit. Ive been very happy with my share-buying experience and found it really easy to do. Research the stock. Shareholders who qualify will be able to receive a: $250 onboard credit per stateroom on sailings of 15 days or more. Free Cash Flow and Adjusted Free Cash Flow were calculated as follows (in thousands): Net cash provided by operating activities, Newbuild related proceeds from long-term debt. Lets learn more about what that benefit is, who it applies to and how to claim it. Is there a Norwegian Cruise Line shareholder benefit request form? Back to the shareholder topic, my husband is a shareholder and submitted the form on Friday for our March 5th 2022 sailing. 01. Net Per Diem is expected to increase in the range of 8.75 to 10.25% as-reported and 9.00 to 10.50% in Constant Currency versus 2019. I never did receive an OBC from them and they were actually quite rude about it. For more info, please read myDisclosure Policy. By kenzie, . Onboard credit per stateroom, sailings of six days or fewer: $50 Onboard credit per stateroom, sailings of seven to 14 days: $100 Onboard credit per stateroom,. (2) Non-cash share-based compensation expenses related to equity awards are included in marketing, general and administrative expense and payroll and related expense. Adjusted Net Cruise Cost Excluding Fuel. 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. Booking volumes have accelerated in recent months buoyed by strong WAVE season demand. Sure wish they would have honored me being a shareholder. GAAP net loss was $(482.5) million or EPS of $(1.14) compared to net loss of $(1.6) billion or EPS of $(4.01) in the prior year. Let me know in the comments below! Total revenue per Passenger Cruise Day exceeded expectations, increasing approximately 23% as-reported and 24% in Constant Currency, compared to the same period in 2019. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Adjusted Free Cash Flow. Norwegian doesn't have a limit to how many times you can get the free shareholder OBC, so you'll be able to apply for it for all of your cruises. We believe that Adjusted EBITDA is appropriate as a supplemental financial measure as it is used by management to assess operating performance. Just look at how many people took a hit when cruise line stocks fell during the COVID-19 pandemic. Hi Susan, excellent questions! Adjusted Net Loss. Fiscal Year Ended Dec 31, 2022. GAAP. Dry-dock. Compared to the first-generation Prima Class vessels, these changes will result in an approximately 10% increase in gross tonnage for the third and fourth ships and an approximately 20% increase in gross tonnage for the fifth and sixth ships. While additional modifications will be needed in the future to fully enable the use of methanol in addition to traditional marine fuel on these ships, this reinforces the Companys commitment to decarbonization and represents an important step forward in the pursuit of net zero greenhouse gas emissions by 2050. 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