Market
Norwegian Cruise Line CEO says consumers still ‘willing to spend on travel’
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After the COVID-19 pandemic brought widespread disruption to the travel industry, Norwegian Cruise Line Holdings Ltd. says its affluent target customers are opening their wallets for travel now and in the future.
The cruise operator reported a wider-than-expected fourth-quarter loss before market open Tuesday, although revenue was higher than forecast. Norwegian’s NCLH stock tumbled 11.8% Tuesday, while the S&P 500 SPX gained 0.1%.
“The…
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