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).
‘Taco’ chance on the markets’ volatility, this is nacho average opportunity! Plus: Southwest, Boeing, Disney, Nvidia, Stellantis, McDonalds, Warner Brother
The Court of Appeals for the Federal Circuit on Thursday allowed the president to temporarily continue collecting the tariffs under the emergency powers law while he appeals the trade court’s decision.
Macy’s sales and profit slipped in its first quarter and the department store, citing more cautious customers and the impact that a trade war launched by the U.S., trimmed its profit forecast for 2025.