In preparation for NCLH's FQ4 2013 earnings release Tuesday, we’ve put together the recent pertinent forward looking company commentary.
NEW SHIP PREMIUMS
- Breakaway operates a healthy premium to both ticket pricing and onboard spend
- The new ships are pricing at about a double-digit premium to the Epic, and the Epic has been pricing at a double-digit premium to the rest of the fleet.
- Looking to 2014, expect adjusted net cruise cost excluding fuel to stabilize and decrease in the range of 1% to 2%, as NCLH return to our more normalized dry-dock schedule and new build launch expenses roll-over year-over-year.
- Expect earnings to grow approximately 60% in the coming year.
- The first quarter is booked a little bit behind. There is a couple of reasons for that. One being that the Easter break, which is a big time off especially in the Northeast is toward the end April this coming year versus it was March 31 for 2013. So, that booking momentum has changed a little bit into the second quarter.
- Solid pricing for 1Q. Pricing is above the mid single digits.
- Something that hopefully begins with a 4%, whether it's a low-4s or the mid-4s, it's too early to say
- In the first couple of quarters in the Caribbean, we have a healthy pricing environment right now
- It is a little bit more promotional.
- Pricing has been a positive. Feeling pretty good about Europe right now.
- Mid single-digit range is a fair assumption
- Fourth quarter starting out is strong...has exceeded our expectations. Feel very confident with our onboard revenue.