Press Release

Norwegian Cruise Line Holdings Ltd. President and Chief Executive Officer Frank J. Del Rio Inducted into the British Travel & Hospitality Hall of Fame

Norwegian Cruise Line Holdings Ltd - Apr 29, 2019

Industry Honour Recognises the Highest Achievers in the Travel, Hospitality Tourism and Leisure Sectors

London, United Kingdom - 29 April 2019 Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH), a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands, today announced that the Company’s President and CEO, Frank J. Del Rio has been inducted into the British Travel & Hospitality Hall of Fame.

"The induction into such a respected institution is a true honour and an esteemed accolade, which I humbly share with the many talented people who have helped make Norwegian Cruise Line Holdings a true global leader in cruise travel,” said Frank Del Rio, president and chief executive officer of Norwegian Cruise Line Holdings Ltd. “Our worldwide brand and company growth in markets such as the UK and continental Europe reflects the dedication of our employee team members and executive leadership, which I am proud to work alongside.”

Founded in 1995, the British Travel & Hospitality Hall of Fame convenes the most inspiring individuals at the top of their industry across the travel, hospitality and leisure tourism sectors. Frank joins previous inductees that include the likes of Sir Richard Branson, Raymond Blanc and The Roux brothers. The prestigious induction comes in recognition of Del Rio’s outstanding impact and achievement within the travel and hospitality cruising sector.

"Frank is an inspirational figure who has categorically changed the face of modern cruise travel. Having shaped the future of Norwegian Cruise Line Holdings into one of the most innovative and largest travel brands in the world today, his induction into the British Travel & Hospitality Hall of Fame is recognition of his stellar career,” said Clive Jacobs, Chairman, Jacob Media Group.

Del Rio started his career not in the travel industry, but as a certified public accountant for a “Big Eight” accounting firm, but credits a long-time friend for introducing him to the world of travel. After a stint at Certified Vacations and Renaissance Cruises, where he rose to the level of CEO, Del Rio founded Oceania Cruises in 2003.

With only USD $7 million in start-up capital and a dozen employees, “the stars aligned and the impossible happened-- Oceania Cruises became a roaring success,” stated Del Rio. Further along, an investment by private equity, followed by the acquisition of luxury line Regent Seven Seas Cruises, resulted in the formation of Prestige Cruise Holdings, the leader in upscale cruise travel. This allowed the company additional growth, where a decade later, Norwegian Cruise Line Holdings acquired Prestige at a value of more than USD $3 billion. Shortly after the closing of the transaction, the Company’s Board of Directors appointed Frank as the new CEO of Norwegian Cruise Line Holdings, parent company of the new and larger organization. He now oversees a global corporation that each year welcomes nearly three million satisfied guests, and has a burgeoning global workforce of more than 30,000 employees.

Today, many of Del Rio’s team who began working at Oceania Cruises since its founding, still work with him, as do more than a few of his colleagues from his earlier days. While the organization today is many times the size of the original Oceania Cruises, Frank still makes time for moments that matter – walking the floors and speaking with team members from all departments and visiting the ships as often as he can. “One of the greatest joys in my life, outside my family and grandchildren, is spending time with the crew on board our ships. I learn a great deal every time I visit, and when everything is said and done, our hospitality begins and ends with them,” said Del Rio.

With Frank at the helm, Norwegian Cruise Line Holdings has grown to a fleet of 26 ships and has consistently delivered record financial performance with industry-leading metrics. Additional key milestones achieved include the first sailing to Cuba by a major North American cruise brand in more than 50 years, which occurred when Oceania Cruises’ Marina sailed into Havana in March 2017; and the introduction of five new vessels to the Company's fleet, including Seven Seas Explorer, the most luxurious ship ever built, and Norwegian Bliss, the most successful ship introduction in Norwegian Cruise Line’s history. The Company has a strong and exciting growth profile with 11 ships on order for delivery through 2027, including seven ships for Norwegian Cruise Line, two for Oceania Cruises and two for Regent Seven Seas Cruises. The Company will take delivery of its newest ship, Norwegian Encore, in fall 2019.

About Norwegian Cruise Line Holdings Ltd.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands.  With a combined fleet of 26 ships with approximately 54,400 berths, these brands offer itineraries to more than 450 destinations worldwide. The Company will introduce eleven additional ships through 2027.

Norwegian Cruise Line is the innovator in cruise travel with a 51-year history of breaking the boundaries of traditional cruising.  Most notably, Norwegian revolutionised the cruise industry by offering guests the freedom and flexibility to design their ideal cruise holiday on their schedule with no set dining times, a variety of entertainment options and no formal dress codes. Today, Norwegian invites guests to enjoy a relaxed, resort- style cruise holiday on some of the newest and most contemporary ships at sea with a wide variety of accommodations options, including The Haven by Norwegian®, a luxury enclave with suites, private pool and dining, concierge service and personal butlers. Norwegian Cruise Line sails around the globe, offering guests the freedom and flexibility to explore the world on their own time and experience up to 27 dining options, award-winning entertainment, superior guest service and more across all of the brand’s 15 ships.

Oceania Cruises is the world’s leading culinary- and destination-focused cruise line. The line’s six intimate and luxurious ships which carry only 684 or 1,250 guests offer an unrivalled holiday experience featuring the finest cuisine at sea and destination-rich itineraries that span the globe. Expertly crafted voyages aboard designer-inspired, intimate ships call on more than 450 ports across Europe, Alaska, Asia, Africa, Australia, New Zealand, New England-Canada, Bermuda, the Caribbean, Panama Canal, Tahiti and the South Pacific and epic 180-day Around the World Voyages. 

Regent Seven Seas Cruises is the world’s most inclusive luxury experience with a modern, five-ship fleet that visits more than 450 iconic and immersive destinations around the world. The cruise line’s fares include all-suite accommodations, flights, the largest collection of free, unlimited shore excursions, unlimited internet access, highly personalised service, exquisite cuisine, fine wines and spirits, prepaid gratuities, ground transfers and one-night, pre-cruise hotel package for guests staying in Concierge-level suites and higher. Its spacious and intimate ships have a capacity of up to 750 guests. Seven Seas Mariner’s 2018 dry-dock refurbishment concluded the line’s $125 million refurbishment programme to elevate the fleet’s elegance to the standard set by Seven Seas Explorer, the most luxurious ship ever built. In early 2020, Regent will perfect luxury with the launch of Seven Seas Splendor.

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Investor Relations Contact:

Andrea DeMarco

(305) 468-2339