NCLH business update - 70% berth capacity this month and 85% berth capacity by end of Q1 2022

[mking8288]

This - 16 out of 28 ships within the NCLH fleet targeted for 70% of berth capacity by end of month (Feb) and by end of 1st quarter, 85% berth capacity - according to this Zacks article posted on Yahoo Finance, quoting NCLH's newest business update.  

https://finance.yahoo.com/news/norwegian-cruise-nclh-operate-85-174805247.html

https://finance.yahoo.com/news/norwegian-cruise-line-holdings-provides-134500282.html

However, this isn't (not exactly) the actual occupancy level being reported first hand lately - of course, a surge in last minute booking is possible and probably, now that many more core cruisers are feeling confident and ready, etc. etc.  We took a city bus into downtown this morning for our dental appointment and for the first time since the pandemic began, the bus was rather full and a handful of passengers were standing ... masks still required onboard, per NYC regulations, although it is being dropped & relaxed elsewhere - starting tomorrow across the state, per the governor's newest executive order.  

 

Interesting times ahead, for sure. 

 

[BermudaBound2014]

12 minutes ago, mking8288 said:

This - 16 out of 28 ships within the NCLH fleet targeted for 70% of berth capacity by end of month (Feb) and by end of 1st quarter, 85% berth capacity - according to this Zacks article posted on Yahoo Finance, quoting NCLH's newest business update.  

https://finance.yahoo.com/news/norwegian-cruise-nclh-operate-85-174805247.html

https://finance.yahoo.com/news/norwegian-cruise-line-holdings-provides-134500282.html

However, this isn't (not exactly) the actual occupancy level being reported first hand lately - of course, a surge in last minute booking is possible and probably, now that many more core cruisers are feeling confident and ready, etc. etc.  We took a city bus into downtown this morning for our dental appointment and for the first time since the pandemic began, the bus was rather full and a handful of passengers were standing ... masks still required onboard, per NYC regulations, although it is being dropped & relaxed elsewhere - starting tomorrow across the state, per the governor's newest executive order.  

 

Interesting times ahead, for sure. 

 

 

Just for clarity...... berth capacity is very different than bookings. Berth capacity is the amount of cabins available to book, not the number of cabins actually booked.. NCL hopes to have 70% of it's ships in operation by the end of the month (berth capacity) and 85% by Q2, but this says absolutely nothing about the number of cabins actually booked which is all that matters.

 

Yesterdays press release was nothing more than softening the blow for what is to come February 23. This is the most relevant sentence in the entire release...

 

Edited February 9, 2022 by BermudaBound2014

[Middleager]

Feb. 23 reporting.  It'll be a brutal loss.  Just how brutal is people are waiting to see.

At least one more ship is supposed to start sailing.  Jewel Mar. 29 from Colon, Panama (I'm on, after a couple of Jewel cancellations)

[Earthworm Jim]

2 hours ago, mking8288 said:

...the bus was rather full and a handful of passengers were standing ... masks still required onboard, per NYC regulations, although it is being dropped & relaxed elsewhere 

 

 

Actually the mask requirement on public transportation such as buses is a federal requirement, not NYC, so it is in effect everywhere. Though my guess would be there isn't any enforcement of the requirement in many places.

 

https://www.cdc.gov/quarantine/masks/mask-travel-guidance.html

 

It's the same order that requires you to wear a mask on a plane.