Norwegian Cruise Line cancels stops in Israel, cuts outlook for the year
Publishing timestamp: 2023-11-01 15:59:47
Summary
Norwegian Cruise Line is canceling its stops in Israel until 2024 due to the ongoing conflict with Hamas. The company also cut its profit forecast, citing wildfires in Maui, Hawaii. The Israel conflict has impacted cruises to the Middle East beyond just Israel stops. Norwegian remains optimistic that the conflict will be short-term and is confident in its ability to return to the Middle East soon. The company also experienced disruptions due to wildfires in Maui, which affected bookings but have since improved. The company lowered its 2023 occupancy outlook due to these disruptions.
Sentiment: NEGATIVE
Keywords: norwegian cruise line holdings ltd, earnings, israel, royal caribbean cruises ltd, travel, life, business news, transportation, breaking news: business,
Source: https://www.cnbc.com/2023/11/01/norwegian-cruise-line-cancels-israel-stops.html