Norwegian Cruise downgrades 2023 profit target on higher costs, Israel war
Norwegian Cruise Line Holdings (NCLH.N) on Wednesday warned of a hit to its annual profit from elevated costs and booking disruptions due to the escalating Israel-Hamas conflict and a lingering impact of the wildfires in Maui. A post-pandemic uptick in demand for cruises was overshadowed by higher food and labor expenses, hurting the cruise operator…
Read article