![]() ![]() The Summary Quoteboard displays snapshot quote data. If you require comprehensive real-time bids/asks/quotes, we offer a no-risk trial to one of our real-time products. As a result, the real-time prices displayed may have minor discrepancies when comparing the information with other sites offering real-time data, or with brokerage firms. Note: The Cboe BZX Exchange currently accounts for approximately 11-12% of all U.S. Real-time prices are available during market hours (9:30 AM to 4:00 PM EST). If the symbol has pre-market or post-market trades, that information will also be reflected along with the last (closing) price from the symbol's exchange. Volume always reflects consolidated markets. During market hours, the real-time Cboe BZX price displays and new trade updates are updated on the page (as indicated by a "flash"). Real-time prices are provided by Cboe BZX Exchange on individual U.S. ![]() That is what the Street wants.The Quote Overview page gives you a snapshot view for a specific symbol. Need to sail to profitability in the months ahead. But nonetheless, Norwegian hammered on that Q4 report. ![]() And they are willing to fork over some bucks. And that, I think, is what COVID really changed in the consumer is how they want to experience life. They believe they need to spend that money on experiences. And talking to some of the people on my packed flights to and from Mexico, they've just changed their priorities in terms of how they spend. It really is a priority change, coming out of COVID. What I had to do is talk to some of these people, and I don't think it's really- people always tell us, these CEOs, about the shift in spending from goods to services. Never seen the hunger for travel anything like it was. Easily 75, 80, if not 100% more packed, every single destination I ever went to- restaurants, bars, markets. When does that change? And at what point will consumers not be willing to pay those higher prices? I think that's the question everybody is asking at this point.ĭAVE BRIGGS: I'll tell you just anecdotally, as someone who just returned from a vacation, same spot in Mexico I've been going to for more than 10 years, I have never seen this place 20% as crowded as it was over the past week. Yes, right now, they're willing to pay those higher airfare tickets when it comes to some of the airlines they're not willing to pay on the cruise lines. We'll see whether or not it hangs on.Īnd you and I have had this conversation time and time again, and it's always where it seems to end when it comes to that consumer demand. Winter holidays, the end of March, certainly a lot of the promotions, demand was there. A wave season is what the company attributed that to. Report here from the company, booking volumes have also accelerated in the recent months. So pre-pandemic, that comparison there very, very strong. The revenue per passenger in the cruise, Dave, up 20- or was 23% higher than it was in the same period in 2019. SEANA SMITH: Yeah, certainly, and you were mentioning some of those impressive numbers. Again, can they sail to profitability in '23? That remains the question because investors really not impressed with this report, despite the demand, which is an interesting surprise. But everything you heard from Frank Del Rio suggests that people are comfortable and are booking cruises. And they were for quite some time because people had that hesitancy to go back, still had some fear built in around COVID. We thought cruises would really be the laggard in the travel industry. But that demand is not showing any signs of letting up. Things like that are really impacting Norwegian. So while investors weren't thrilled with that report, that really comes down to cutting costs, fuel, labor, food. They believe capacity will be 19% above pre-pandemic 2019 levels this year. I mean, it's just really surprising to then see Del Rio also talk about 87% load factor in Q4, leading to what he says- and this is a direct quote- continuing through the first quarter of '23, as we have already achieved 100% occupancy in the quarter, leading to return to historical levels, historical levels, beginning in the second quarter of '23. Travel experiences certainly seems to be one of the areas, the main areas, that isn't feeling the effects of that, at least for now.ĭAVE BRIGGS: Yeah, it's really interesting to start this show talking about Target and how consumers are cutting back on apparel and some of the basics, food. We talked time and time again how consumers are strapped right now. The company also highlighting that in the month of January, a record month for bookings on the cruise lines. SEANA SMITH: So, Dave, Norwegian just the last of the travel names here to really report strong demand. ![]()
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