Can you really get on board credit every cruise? We also believe that Adjusted EBITDA is a useful measure in determining our performance as it reflects certain operating drivers of our business, such as sales growth, operating costs, marketing, general and administrative expense and other operating income and expense. Just look at how many people took a hit when cruise line stocks fell during the COVID-19 pandemic. You can use the credit on the ship for buying drinks, food, shore excursions or items bought at the souvenir stores. Do NCL shareholders get cruise discounts? Hi Karen, I don't see the Norwegian stockholder OBC benefit going away any time soon! Co-Founder + Head of Technology at ShareClub, Copyright ShareClub Inc. 2023. As long as you own enough shares and can show proof before each sailing, youll get free money to make every cruise even more fun. Proof of shareholder status could include: Be sure to also fill out the Shareholder Benefit Request Form completely, including your full name, address, phone number, and email. HomeBlogCruise Tips Cruise News Cruise DestinationsAboutContactResourcesFeatured PressPrivacy PolicyCookie PolicyDisclosure PolicyTerms of Use. Heres how I get the lowest price when I book a cruise. If you can't find an answer to your question, please contact us. It. Total cruise operating expense increased in 2022 compared to 2021, due to the continued resumption of voyages, which resulted in higher payroll, fuel, and direct variable costs of fully operating ships, compared to the prior year when only 16 ships were returned to service. Whenever youre investing in anything on the stock market, there is inherent risk. In February 2023, the Company entered into a $300 million unsecured and undrawn backstop commitment with to further enhance its future liquidity profile. This benefit is available to shareholders holding a minimum of 100 shares of Carnival Corporation or Carnival plc. But if you want to share your credit with friends or family, you can always use it to buy a gift on board for a friend or loved one. We use Adjusted Net Loss and Adjusted EPS as key performance measures of our earnings performance. One of my favorite perks of cruising is getting free onboard creditoften abbreviated to OBC when I book during certain sales. If you want to qualify for multiple onboard credits, you will need to transfer shares to those individuals at least two months prior to the time that they need to apply for a credit. $100 Onboard Credit per Stateroom on Sailings of 7 to 14 Days. ShareClub Inc. is not a registered investment advisor (RIA) or FINRA-licensed broker-dealer. 4 MIN. then e-mail or mail the form to one of the following: Norwegian Cruise Line Shareholder Benefit Department. Gave me the run-around for a while and then sent me a bogus email saying they tried to open the pdf proof that I sent but they couldn't. These changes include the previously communicated modification and enlargement of the last four Prima Class vessels as well as additional modifications to the final two ships in this class to accommodate the use ofgreen methanol as an alternative fuel source in the future. In February 2023, the Company amended its $1 billion undrawn commitment. Gross margin adjusted for payroll and related, fuel, food, other and ship depreciation. The Company has nine additional ships scheduled for delivery through 2027, comprising approximately 24,000 berths. Adjusted EBITDAis expected to be in the range of $1.8 to $1.95 billion. Adjusted Net Loss and Adjusted EPS were calculated as follows (in thousands, except share and per share data): Extinguishment and modification of debt (4), Diluted weighted-average shares outstanding - Net loss and Adjusted Net Loss. Hi Susan, excellent questions! But if you want to get creative, you can sometimes work around this policy. Each shareholder can qualify for one onboard credit per cruise. Cruise travelers who own at least 100 shares of stock in Carnival Corporation (CCL), Royal Caribbean (RCL), or Norwegian Cruise Line (NCL) can receive up to $250 in onboard credits during their. But trust me, it only takes five minutes, and youll earn between $50 and $250 to spend on your next cruise. $50 onboard credit per stateroom on sailings of 6 days or less. Offer valid for any vacation on Norwegian Cruise Line, Oceania Cruises or Regent Seven Seas Cruises, excluding charter sailings. ESG Reporting & Downloads. While people generally love cruising with NCL, one of the biggest complaints people have is how many of the activities on board cost extra. You are an employee or agent of Norwegian Cruise Line Holdings Ltd. or its subsidiaries and affiliates, a travel agent or tour operator. Just curious, how is the cruise you're going on described on the NCL website? (1) Includes derivatives representing accounting hedges as well as economic hedges. But some non-employees also arent able to take advantage of this program. The following table sets forth selected statistical information: (1) Excludes certain capacity on Pride of America which was temporarily unavailable in 2022. I'm so glad I could tell you all about how to get Norwegian shareholder credit, and that you could make use of it right away. Also can I send in my information for all of the cruises now, or should I wait until it's closer to each sailing date? Health Savings Account. Unfortunately, free onboard credit for NCL shareholders is limited to one credit benefit per person per sailing. Sign it in a few clicks. EBITDA adjusted for other income (expense), net and other supplemental adjustments. Achieved positive Adjusted Free Cash Flow of approximately $71 million, reaching another key post-pandemic financial milestone. I do have a question about the 2 months rule, Ive downloaded all the related documents from NCL and see no mention of this they only state that you must own the stock at the time of sailing am I overlooking something or has the rule perhaps changed? Earnings before interest, taxes, and depreciation and amortization. You need to claim your Norwegian Cruise Line shareholder benefits every time you sail with NCL, or with Oceania or Regent. No matter what travel style a tourist has, we have an itinerary for them. The Company has modified certain existing newbuild contracts which has resulted in an increase in ship contract costs of approximately 1.2 billion. If you have investor questions, media requests or general inquiries, please contact us. The Companys brands achieved several booking records in recent months including at Norwegian Cruise Line which reached an all-time record booking month in November, boosted by Black Friday and Cyber Monday, which was subsequently exceeded in January 2023. Shareholder Benefit Offer ; Shareholder Benefit Request Form ; Shareholder Benefit FAQs ; Contact Us . Dont let institutional investors be the only ones taking advantage of empowered & informed investing. I love sharing my best cruise tips with you, along with reviews of cruise destinations, shore excursions, cruise ships and cruise lines. Applying for Carnival shareholder stock is simple if you follow these steps: Own at least 100 shares of Carnival stock. Long Term Disability. Youll get up to $250 to spend on-board every cruise you take with NCL or a sister cruise line as long as you remain a shareholder. Hi, I'm Jenni. All shareholder benefit requests must be received at least fifteen days prior to sailing date. Youll need to own at least 100 shares of stock in Norwegian Cruise Line (NCLH) at the time of sailing to earn their free onboard credit benefit. This includes approximately $144 million of FCCs or approximately 5% of the total deposit balance. If you are requesting shareholder onboard credit for two or more separate staterooms/ suites and shares are held jointly, a minimum of 100 shares per stateroom/suite booked must be held. Take that into consideration when deciding how youll use your OBC. Some banks, like Capital One and Wells Fargo, also offer investment services from their own online portals. Norwegian Cruise Line Holdings' Benefits Program includes: Medical, Dental and Vision plans. Net Yield. Please submit Shareholder Benefit Offer request along with current proof of ownership by mail, email or fax to: Fax: Email: (305) 373-6699 shareholderbenefit@rccl.com Mailing Address: Royal Caribbean Group Investor Relations 1050 Caribbean Way Miami, FL 33132-2096 Onboard credits can be used for purchases of drinks, food, souvenirs, excursions, or other types of onboard purchases. So the logistics can get tricky with this workaround, but many cruisers use this method to double up on OBC. All you need is smooth internet connection and a device to work on. 7665 Corporate Center Drive Miami, FL 33126. . By kenzie, . (4) Losses on extinguishments and modifications of debt are primarily included in interest expense, net. Using shareholder OBC for anything that you need to use cash for (like for extra tips, or vending or self-service laundry on some ships). 15 minutes unless otherwise indicated (view Earnings Release. Occupancy is expected to average approximately 100% for the first quarter of 2023 and reach historical Occupancy levels for the second quarter of 2023. We use certain non-GAAP financial measures, such as Adjusted Gross Margin, Net Yield, Net Cruise Cost, Adjusted Net Cruise Cost Excluding Fuel, Adjusted EBITDA, Adjusted Net Loss, Adjusted EPS, Net Per Diem, Free Cash Flow and Adjusted Free Cash Flow, to enable us to analyze our performance. Strong ticket pricing and onboard revenue generation resulted in better-than-expected total revenue per Passenger Cruise Day which was up approximately 23% as-reported and approximately 24% in Constant Currency in the fourth quarter of 2022 versus 2019. Im Carrie Ann, the writer behind Should Be Cruising. The Company has eight additional ships scheduled for delivery through 2028, comprising over 20,000 berths. $50 Onboard Credit per Stateroom on Sailings of 6 days or less. All rights reserved. Net Cruise Cost less fuel expense. So use it before you lose it! Net income, adjusted for non-cash compensation expense and any potential impacts associated with financing activities. Total revenue per Passenger Cruise Day exceeded expectations, increasing approximately 23% as-reported and 24% in Constant Currency, compared to the same period in 2019. As for when you should send in your forms and proof of shares, I personally have never sent them in more than a few months before sailing, but there's nothing in NCL's fine print that says how early you're allowed to send it. Gross Cruise Cost less commissions, transportation and other expense and onboard and other expense. It may not be used toward onboard service charges or pre-purchased activities. We believe that Adjusted EBITDA is appropriate as a supplemental financial measure as it is used by management to assess operating performance. The majority of the increase in ship construction costs is not effective unless financing is secured. Norwegian. Can I claim onboard credit multiple times with Norwegian? The office that processes the claims is looking for a line on a brokerage statement that shows ownership of 100 shares of NCLH. In February 2023, the Company issued $600 million of aggregate principal amount of 8.375% senior secured notes due 2028 in a refinancing transaction. Other terms and conditions may apply. Investor Relations :: Norwegian Cruise Line Holdings Ltd. (NCLH) Fourth Quarter and Full Year 2022 Financial Results Conference Call February 28, 2023 - 10:00 am ET Webcast More Info Overview News & Events Company Info ESG Governance Financial Info Stock Data SEC Filings Shareholder Benefits Latest Presentation Feb 28, 2023 A person cannot get the discount for a friend or family member. Cruise Shareholder Benefits - Instructions to Obtain Credits Cruise travelers owning 100 shares in Carnival, Royal Caribbean, or Norwegian can receive up to $250 in onboard credits. Non-newbuild capital expenditures for the fourth quarter of 2022 were $89million. Get early access to the ShareClub Platform, and browse/redeem shareholder rewards. Heres how to get your free OBC. Health Care and Dependent Care Flexible Spending Account. Additionally, many of these risks and uncertainties are currently amplified by and will continue to be amplified by, or in the future may be amplified by, the COVID-19 pandemic, Russias invasion of Ukraine and the impact of general macroeconomic conditions. This can be either a human being or an online platform. A photocopy of a brokerage statement is fine. Occupancy, Occupancy Percentage or Load Factor. You are encouraged to evaluate each adjustment used in calculating our non-GAAP financial measures and the reasons we consider our non-GAAP financial measures appropriate for supplemental analysis. * To redeem this special offer, simply complete the attached Shareholder Benefit Request Form and mail or email (with accompanying documentation) request at least 15 days prior to sailing to: To learn more about Norwegian Cruise Line visit www.ncl.com, Mailing Address:Oceania CruisesShareholder Benefit Department 7665 Corporate Center Drive Miami, FL 33126, Email:ShareholderBenefit@oceaniacruises.com, Mailing Address:Regent Seven Seas Cruises Shareholder Benefit Department 1401 NW 136th Avenue, Suite 101Sunrise, FL 33323, To learn more about Regent Seven Seas Cruises visit www.rssc.com. The Company has not provided reconciliations between the Companys 2023 guidance and the most directly comparable GAAP measures because it would be too difficult to prepare a reliable U.S. GAAP quantitative reconciliation without unreasonable effort. As our business includes the sourcing of passengers and deployment of vessels outside of the U.S., a portion of our revenue and expenses are denominated in foreign currencies, particularly British pound, Canadian dollar, Euro and Australian dollar which are subject to fluctuations in currency exchange rates versus our reporting currency, the U.S. dollar. Sequential Occupancy improvement to approximately 87% in the quarter, consistent with guidance. The cruise line says you need to be a shareholder at the time of sailing, but I've never heard of them actually checking after your OBC is approved. For example, I received $250 OBC for my "15-Day Cruise on Norwegian Joy". 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