A serious administration shake-up has hit one of many trade’s greatest names. Executive management modifications have been introduced by Norwegian Cruise Line Holdings, the mother or father firm of Norwegian Cruise Line, Regent Seven Seas Cruises and Oceania Cruises. At the identical time, the corporate revealed a 9% discount in its shoreside workforce, calling the transfer a rightsizing.
New Presidents Named for Regent, Oceania
Norwegian Cruise Line Holdings is making some high-level organizational modifications, efficient January 1, 2023, at its Regent Seven Seas Cruises and Oceania Cruises manufacturers.
In an announcement on December 15, the corporate mentioned that Regent president Jason Montague might be changed by the road’s chief gross sales and advertising officer, Andrea DeMarco, and Oceania president Howard Sherman might be changed by Frank A. Del Rio, Oceania’s chief gross sales and advertising officer. Del Rio is the son of Frank J. Del Rio, president and CEO of the holding firm.
Both Montague and Sherman will function particular advisors to the corporate, to make sure a easy and seamless transition, the announcement mentioned. Montague was named Regent president in 2016. Sherman turned Oceania president in January 2002. According to the corporate, the modifications are a part of its succession planning course of.
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Holding firm president and CEO Frank Del J. Del Rio mentioned, “We are grateful to Jason and Howard for their significant contributions to our Company’s success and their tremendous achievements at Regent Seven Seas Cruises and Oceania Cruises. We look forward to continuing to partner with them in their new roles as special advisors and benefitting from the wealth of knowledge, experience and strategic relationships they have accumulated as leaders in the cruise industry for over two decades.”
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He continued: “Our entire management team and Board of Directors are confident that Andrea and Frank are the right executives to succeed as presidents of Regent Seven Seas Cruises and Oceania Cruises, respectively. In their current roles as chief sales and marketing officers for their brands they have worked side-by-side with Jason and Howard, proving time and again their leadership acumen, strategic mindsets and ability to deliver top notch results.”
Workforce Cuts ‘Align With Strategic Priorities’
Norwegian Cruise Line Holdings mentioned the choice to cut back shoreside employees by 9% is without doubt one of the firm’s “prudent actions across our business to align with our strategic priorities.”
An announcement from the corporate mentioned, “After careful consideration, we have made the difficult decision to restructure and rightsize our shoreside workforce, reducing our current and planned shoreside roles by approximately 9%. This action is part of a broader and ongoing effort to improve operating efficiencies, including cost minimization initiatives, to strengthen the foundation for sustained, profitable growth.”
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Details concerning how the workforce discount would have an effect on the operations of the corporate’s three manufacturers weren’t supplied. Norwegian Cruise Line is a mainstream line catering largely to households. Oceania Cruises is an upmarket line, and Regent is without doubt one of the high luxurious traces working right this moment.
The deliberate cuts in shoreside staffing come on the heels of price and gratuity will increase the corporate has introduced in latest weeks. Guests onboard Norwegian Cruise Line ships are actually being charged a brand new $4.95 service price for continental breakfast room service. While many cruise traces have rolled out room service charges lately, basic continental breakfast choices have usually remained freed from cost.
Gratuity fees have modified onboard Norwegian Cruise Line ships, too. The Haven and Suite visitors, who e-book the very best degree of lodging on the ship, will now be charged $25 per day per particular person. Previously, the cost was $20 per day. Club Balcony suite visitors and all different visitors now pay $20 per day per particular person. It represents a $2 enhance from the earlier gratuity cost of $18 per day for Club Balcony suite visitors and a $4 enhance for visitors staying in all different cabin classes.
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New Leadership Set to Take the Helm
With the brand new yr, Regent Seven Seas Cruises and Oceania Cruises will endure top-level administration modifications.
Regent’s DeMarco has almost 20 years of cruise trade expertise. She has served as chief gross sales and advertising officer for Regent Seven Seas Cruises since September 2021. Previously she was senior vice chairman of Investor Relations, Corporate Communications and Environmental, Social and Governance for Norwegian Cruise Line Holdings.
DeMarco mentioned, “I am honored to lead the world’s leading luxury cruise line. The hard-working and talented team at Regent is truly unrivaled, and I look forward to contributing to the line’s future growth and success, particularly as we prepare for the addition of our newest ship, Seven Seas Grandeur, in 2023.”
Oceania’s Frank A. Del Rio started his profession within the cruise trade in 2003. He has served as chief gross sales and advertising officer for Oceania Cruises since March 2022. Previously he was senior vice chairman, Port Destinations and Onboard Revenue. He additionally has pursued entrepreneurial alternatives within the personal fairness, finance, and tech areas.
Del Rio mentioned, “I look forward to building on the incredible momentum we are experiencing at the renowned Oceania Cruises brand. I am truly humbled and thankful to lead the world-class team at Oceania and I am excited for the bright future we have ahead of us at the brand and the company.”
With a mixed fleet of 29 ships with 60,000 berths, the manufacturers supply world itineraries to some 500 locations. Several new ships are scheduled for supply by 2027. Five of the brand new ships are included in Norwegian Cruise Line’s Prima-class vessels.
The first of the Prima-class ships, Norwegian Prima, debuted in August 2022. Regent will launch the Seven Seas Grandeur in 2023, whereas Oceania will debut the Oceania Vista, additionally subsequent yr.
