Norwegian Cruise Line Holdings Ltd. (NCLH) has been benefitting from improved booking activities and occupancy thanks to strong demand in this WAVE season. The company achieved sequential occupancy improvement of approximately 101.5% in the first quarter, while its cumulative booked position for the remainder of 2023 is at record levels.
While the company is focusing on efforts to maximize revenue opportunities and streamline costs, to achieve profitable growth, inflation and global supply chain constraints could continue to pressure margins in the near term.
