Norwegian Cruise Line Holdings reported strong Q2 2024 results with total revenue increasing 7.6% to $2.4 billion, while net income nearly doubled to $163.4 million compared to $86.1 million in Q2 2023. Occupancy reached 105.9%, up from 104.9% last year, driven by robust consumer demand and improved pricing.The company's gross margin rose 11.4% to $711.4 million, reflecting higher passenger ticket pricing and increased onboard spending. Operating income grew to $341.6 million from $272.5 million, despite a 5.1% increase in total cruise operating expenses primarily related to the addition of three new ships in 2023.Looking ahead, Norwegian maintains a strong liquidity position of approximately $2.7 billion, including $594.1 million in cash and available credit facilities. The company has 11 ships on order through 2036, with combined contract prices of approximately €11.0 billion, and continues to see strong consumer demand with bookings trending toward 2025 sailings.

Norwegian Cruise Line Holdings reported strong Q2 2024 results with total revenue increasing 7.6% to $2.4 billion, while net income nearly doubled to $163.4 million compared to $86.1 million in Q2 2023. Occupancy reached 105.9%, up from 104.9% last year, driven by robust consumer demand and improved pricing.The company's gross margin rose 11.4% to $711.4 million, reflecting higher passenger ticket pricing and increased onboard spending. Operating income grew to $341.6 million from $272.5 million, despite a 5.1% increase in total cruise operating expenses primarily related to the addition of three new ships in 2023.Looking ahead, Norwegian maintains a strong liquidity position of approximately $2.7 billion, including $594.1 million in cash and available credit facilities. The company has 11 ships on order through 2036, with combined contract prices of approximately €11.0 billion, and continues to see strong consumer demand with bookings trending toward 2025 sailings.