Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Q1 2024 Earnings Call Transcript

Harry Sommer: So the quick answer is yes. We believe that the cost will be essentially flat, excluding dry dock, as you mentioned for the back half of the year. We are very proud of the efforts that the team are making, not really prepared to comment on ’25 and beyond at this point.

Mark Kempa: James, all I would add to that is, again, we’ve talked about we’ve a laser focus on rightsizing and leveraging our scale, we continue to do that. This is a permanent activity for us, not a one-time exercise. So while obviously, it gets harder further down the stream you go, we are just relooking at every facet of our business, and we continue to believe that there’s opportunity out there all without impacting the guest experience and actually delivering a better product than what we’ve had today.

Harry Sommer: Well, what a wonderful set of comments in the call, I share Mark’s passion for continuing to improve our operating margins while delivering a fantastic guest experience. I want to thank all of you for your time today, and I really am looking forward to talking about our long-term targets and strategy when we meet on May 20. Thank you all very much.

Operator: Thank you. This concludes today’s conference. You may now disconnect your lines at this time. Enjoy the rest of your day.