Norwegian Cruise Line Holdings to Join the S&P 500 Index
October 05 2017 - 9:00AM
Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH), a leading global
cruise company, today announced it has been selected to join the
S&P 500 Index effective at the open of trading on Friday,
October 13. The company will be added to the S&P 500 GICS
Hotels, Resorts & Cruise Lines Sub-Industry index.
"We are honored to be joining the prestigious blue
chip companies that comprise the S&P 500," said Frank Del Rio,
president and chief executive officer of Norwegian Cruise Line
Holdings Ltd. "This significant milestone highlights our company's
solid track record of strong financial performance since our
initial public offering in 2013 and is a testament to the hard work
and dedication of the talented men and women on board our 25
award-winning ships, our shoreside employees across the globe, and
our management team and board of directors."
About Norwegian Cruise Line Holdings
Ltd.
Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH)
is a leading global cruise company which operates the Norwegian
Cruise Line, Oceania Cruises and Regent Seven Seas Cruises
brands.
With a combined fleet of 25 ships with
approximately 50,400 berths, these brands offer itineraries to more
than 510 destinations worldwide. The Company will introduce seven
additional ships through 2025, and has an option to introduce two
additional ships for delivery in 2026 and 2027.
Norwegian Cruise Line is the innovator in cruise
travel with a 50-year history of breaking the boundaries of
traditional cruising. Most notably, Norwegian revolutionized
the cruise industry by offering guests the freedom and flexibility
to design their ideal cruise vacation on their schedule. Today,
Norwegian invites guests to enjoy a relaxed, resort style cruise
vacation on some of the newest and most contemporary ships at sea
with a wide variety of accommodation options, including The Haven
by Norwegian®, a luxury enclave with suites, private pools and
dining, concierge service and personal butlers. Oceania Cruises
offers an unrivaled vacation experience renowned for the finest
cuisine at sea and destination-rich itineraries that span the
globe. Expertly crafted voyages aboard designer-inspired, intimate
ships call on ports across Europe, Asia, Africa, Australia, New
Zealand, the South Pacific and the Americas. Celebrating its 25th
anniversary in 2017, Regent Seven Seas Cruises offers the
industry’s most inclusive luxury experience aboard its all-suite
fleet. A voyage with Regent Seven Seas Cruises includes round-trip
air, highly personalized service, exquisite cuisine, fine wines and
spirits, unlimited internet access, sightseeing excursions in every
port, gratuities, ground transfers, a pre-cruise hotel package for
guests staying in concierge-level suites and higher and beginning
in summer 2017, business class air will be provided for all
roundtrip air originating from the U.S. and Canada.
Cautionary Statement Concerning
Forward-Looking Statements
Certain statements in this release constitute
forward-looking statements within the meaning of the U.S. federal
securities laws intended to qualify for the safe harbor from
liability established by the Private Securities Litigation Reform
Act of 1995. All statements other than statements of historical
facts contained in this release, including, without limitation,
those regarding our business strategy, financial position, results
of operations, plans, prospects and objectives of management for
future operations (including expected fleet additions, development
plans, objectives relating to our activities and expected
performance in new markets), are forward-looking statements. Many,
but not all, of these statements can be found by looking for words
like "expect," "anticipate," "goal," "project," "plan," "believe,"
"seek," "will," "may," "forecast," "estimate," "intend," "future,"
and similar words. Forward-looking statements do not guarantee
future performance and may involve risks, uncertainties and other
factors which could cause our actual results, performance or
achievements to differ materially from the future results,
performance or achievements expressed or implied in those
forward-looking statements. Examples of these risks, uncertainties
and other factors include, but are not limited to the impact of:
adverse general economic and related factors, such as fluctuating
or increasing levels of 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;
adverse events impacting the security of travel, such as terrorist
acts, armed conflict and threats thereof, acts of piracy, and other
international events; the risks and increased costs associated with
operating internationally; our expansion into and investments in
new markets; breaches in data security or other disturbances to our
information technology and other networks; the spread of epidemics
and viral outbreaks; adverse incidents involving cruise ships;
changes in fuel prices and/or other cruise operating costs; any
impairment of our tradenames or goodwill; our hedging strategies;
our inability to obtain adequate insurance coverage; our
substantial indebtedness, including the ability to raise additional
capital to fund our operations, and to generate the necessary
amount of cash to service our existing debt; restrictions in the
agreements governing our indebtedness that limit our flexibility in
operating our business; the significant portion of our assets
pledged as collateral under our existing debt agreements and the
ability of our creditors to accelerate the repayment of our
indebtedness; 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;
fluctuations in foreign currency exchange rates; overcapacity in
key markets or globally; our inability to recruit or retain
qualified personnel or the loss of key personnel; future changes
relating to how external distribution channels sell and market our
cruises; our reliance on third parties to provide hotel management
services to certain ships and certain other services; delays in our
shipbuilding program and ship repairs, maintenance and
refurbishments; future increases in the price of, or major changes
or reduction in, commercial airline services; seasonal variations
in passenger fare rates and occupancy levels at different times of
the year; our ability to keep pace with developments in technology;
amendments to our collective bargaining agreements for crew members
and other employee relation issues; the continued availability of
attractive port destinations; pending or threatened litigation,
investigations and enforcement actions; changes involving the tax
and environmental regulatory regimes in which we operate; and other
factors set forth under "Risk Factors" in our most recently filed
Annual Report on Form 10-K and subsequent filings by the Company
with the Securities and Exchange Commission. The above examples are
not exhaustive and new risks emerge from time to time. Such
forward-looking statements are based on our current beliefs,
assumptions, expectations, estimates and projections regarding our
present and future business strategies and the environment in which
we expect to operate in the future. These forward-looking
statements speak only as of the date made. We expressly disclaim
any obligation or undertaking to release publicly any updates or
revisions to any forward-looking statement contained herein 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.
Investor
Relations & Media Contact |
Andrea DeMarco |
(305)
468-2339InvestorRelations@nclcorp.com |
|
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