Norwegian's CEO Frank Del Rio Talks Growth and Profits

May 4, 2018

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.

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