Norwegian's CEO Frank Del Rio Talks Growth and Profits
*By Michael Teich*
Millennial travelers eager to rack up life experiences could help Norwegian Cruise Line to a fifth straight year of double-digit earnings growth, said Frank Del Rio, the company’s CEO.
In an interview Friday with Cheddar, Del Rio said Generation Y makes up about 25 percent of Norwegian Cruise Line’s customers because its a cohort that “values value."
They have “pivoted from stuff accumulation to experience accumulation,” he said.
Norwegian just launched its largest ship, the $1 billion Norwegian Bliss, which includes a two-level electric car race track. The cruise line announced Friday plans to include a new onboard technology platform project called Cruise Freedom to help travelers stay connected while at sea.
For full interview, [click here](https://cheddar.com/videos/the-next-wave-of-cruise-ship-tech).
Mike Miedler, CEO of Century21 Real Estate, on why home prices are expected to drop. And what else you need to know about the real estate market right now!
SukuPay CEO, Yonathan Lapchik, discusses the app's historic milestone, becoming the first crypto infrastructure in a leading bank app in Latin America.