Company to Receive Preferential Berthing Rights
in Popular Port Destination
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (the “Company”), a
leading global cruise company operating the Norwegian Cruise Line,
Oceania Cruises and Regent Seven Seas Cruises brands, today
announced a partnership with Alaska Native-owned Huna Totem
Corporation to develop a second cruise pier in Icy Strait Point,
Huna Totem’s world-class cruise ship destination in Hoonah, Alaska.
The pier is scheduled to be completed for the
summer 2020 Alaska cruise season and will be built to accommodate
Norwegian Cruise Line’s Breakaway Plus-class ships. The partnership
will provide Norwegian Cruise Line Holdings’ brands with
preferential berthing rights in the popular port destination and
allow the Company to increase its calls to Icy Strait Point.
Currently Oceania Cruises’ Regatta, Seven Seas Mariner, Norwegian
Jewel and Norwegian Joy are scheduled to call on Icy Strait Point
in the 2019 season.
In addition, the new pier will provide more
cruise passengers with access to Icy Strait’s newly upgraded
retail, restaurant and shore excursion amenities, including the
world’s largest ZipRider zip line, the most accessible coastal
brown bear viewing platforms in Southeast Alaska, whale watching
and fishing excursions, local cultural dances accompanied by oral
histories and more.
“We are thrilled to partner with the Huna Totem
Corporation to construct a new pier at Icy Strait Point which will
strengthen our presence in the wildly popular Alaska market and
provide our guests with a best-in-class experience as they explore
the natural beauty and exciting shore excursions of this unique
destination,” said Howard Sherman, executive vice president of
onboard revenue and destination development of Norwegian Cruise
Line Holdings Ltd. “This partnership marks the latest step in our
ongoing efforts to promote economic development in the area and
make a positive economic impact on the Alaska tourism
industry.”
The partnership will benefit the Hoonah
community, home to approximately 750 people, including
approximately 80 percent of Icy Strait Point’s employees. By
leveraging the rapidly growing demand for top-tier destinations for
Alaska cruises, Icy Strait Point creates more jobs and local
opportunities for Alaskans.
“The economic impact that this expansion and
Norwegian’s investment will have in Hoonah and the Southeast Alaska
region is significant, and we’re looking forward to how our Alaska
Native community can be a sustainable contributor to the future of
Alaska’s cruise industry,” said Russell Dick, Huna Totem
Corporation president and chief executive officer. “Icy Strait
Point is one of the few Alaska cruise ship destinations where
cruise passengers can step off the dock and into Alaska wilderness.
We have the land, the capacity and the hospitality to welcome more
travelers into our home in an authentic way while maintaining our
heritage and the values of our Native Tlingit culture.”
About Norwegian Cruise Line Holdings
Ltd.
Norwegian Cruise Line Holdings Ltd. (NYSE: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 26 ships with approximately 54,400 berths,
these brands offer itineraries to more than 450 destinations
worldwide. The Company will introduce eight additional ships
through 2027.
Norwegian Cruise Line is the innovator in cruise
travel with a 51-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 with no set
dining times, a variety of entertainment options and no formal
dress codes. 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 accommodations
options, including The Haven by Norwegian®, a luxury enclave with
suites, private pool and dining, concierge service and personal
butlers. Norwegian Cruise Line sails around the globe, offering
guests the freedom and flexibility to explore the world on their
own time and experience up to 27 dining options, award-winning
entertainment, superior guest service and more across all of the
brand’s 15 ships.
Oceania Cruises is the world’s leading culinary-
and destination-focused cruise line. The line’s six intimate and
luxurious ships which carry only 684 or 1,250 guests offer an
unrivaled vacation experience featuring the finest cuisine at sea
and destination-rich itineraries that span the globe. Expertly
crafted voyages aboard designer-inspired, intimate ships call on
more than 450 ports across Europe, Alaska, Asia, Africa, Australia,
New Zealand, New England-Canada, Bermuda, the Caribbean, Panama
Canal, Tahiti and the South Pacific and epic Around The World
Voyages that range from 180 to 200 days.
Regent Seven Seas Cruises is the world’s most
inclusive luxury experience with a modern, five-ship fleet that
visits more than 450 iconic and immersive destinations around the
world. The cruise line’s fares include all-suite accommodations,
round-trip business-class air on intercontinental flights from U.S.
and Canada, the largest collection of free, unlimited shore
excursions, unlimited internet access, highly personalized service,
exquisite cuisine, fine wines and spirits, prepaid gratuities,
ground transfers and one-night, pre-cruise hotel package for guests
staying in Concierge-level suites and higher. Its spacious and
intimate ships have a capacity of up to 750 guests. Seven Seas
Mariner’s 2018 dry-dock refurbishment concluded the line’s $125
million refurbishment program to elevate the fleet’s elegance to
the standard set by Seven Seas Explorer, the most luxurious ship
ever built. In early 2020, Regent will perfect luxury with the
launch of Seven Seas Splendor.
About Icy Strait Point
Opened in 2004, Icy Strait Point is Alaska’s
only private large cruise ship destination. Icy Strait Point sits
in the midst of 23,040 acres of private beach and temperate rain
forest and includes a restored 1912 salmon cannery, five
restaurants and food vendors, 12 retail shops and merchandise
outlets, nature trails and a museum. Visitors can participate in 30
shore excursions including the largest ZipRider zip line in the
world, the most accessible coastal brown bear viewing platforms in
Southeast Alaska, whale watching, fishing, local cultural dances
and oral histories, cooking classes, kayaking and more.
Icy Strait Point is a wholly owned and operated
subsidiary of Huna Totem Corporation, the village corporation owned
by approximately 1,400 Alaska Native shareholders with aboriginal
ties to Hoonah and the Glacier Bay area. It is located 35 miles
west of Juneau and 22 miles from Glacier Bay National Park and
Preserve.
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 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 events impacting the security of travel, such as terrorist
acts, armed conflict and threats thereof, acts of piracy, and other
international events; adverse incidents involving cruise ships;
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;
the spread of epidemics and viral outbreaks; our expansion into and
investments in new markets; the risks and increased costs
associated with operating internationally; breaches in data
security or other disturbances to our information technology and
other networks; changes in fuel prices and/or other cruise
operating costs; fluctuations in foreign currency exchange rates;
overcapacity in key markets or globally; the unavailability of
attractive port destinations; evolving requirements and regulations
regarding data privacy and protection and any actual or perceived
compliance failures by us; our indebtedness and 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; our
inability to recruit or retain qualified personnel or the loss of
key personnel; delays in our shipbuilding program and ship repairs,
maintenance and refurbishments; our reliance on third parties to
provide hotel management services to certain ships and certain
other services; future increases in the price of, or major changes
or reduction in, commercial airline services; amendments to our
collective bargaining agreements for crew members and other
employee relation issues; our inability to obtain adequate
insurance coverage; future changes relating to how external
distribution channels sell and market our cruises; pending or
threatened litigation, investigations and enforcement actions; our
ability to keep pace with developments in technology; seasonal
variations in passenger fare rates and occupancy levels at
different times of the year; 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, Quarterly Report on Form 10-Q and
subsequent filings by Norwegian with the Securities and Exchange
Commission. The above examples are not exhaustive and new risks,
uncertainties and other factors may 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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