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).
The housing market shows few signs of busting out of its three-year funk after a disappointing spring season and amid a gloomy outlook for the summer and f
For 30 years Ira Galtman’s job has been to document how American Express went from an express stagecoach company in New York in 1850, to what it is today.
The Good Charcoal Company offers eco-friendly, chemical-free charcoal sourced from Namibian acacia wood, promoting sustainable grilling practices nationwide.
After a few months of positive data, the Fed chair says he’s in no rush to cut rates – and this analyst says inflation could stick around for the near future.