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Oceania Cruises launches 2026 Collection of Voyages

Published 10/16/2024, 09:05 AM
NCLH
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MIAMI - Oceania Cruises, a subsidiary of Norwegian Cruise Line (NYSE:NCLH) Holdings Ltd. (NYSE: NCLH), has announced its 2026 Collection of Voyages, which includes over 100 itineraries and 35 Grand Voyages. The collection, available on six of the line's small ships, offers an array of destinations, from Alaska's wilderness to the cultural hubs of the Mediterranean and Northern Europe.

The 2026 Collection emphasizes small-ship travel, which allows for more time spent in each port compared to larger cruise lines, often including overnight stays. According to Frank A. Del Rio, President of Oceania Cruises, the collection is designed to cater to guests' desires for personalized experiences, both onboard and during shore excursions.

The Alaskan voyages aboard Riviera feature 14 different itineraries, highlighting the region's glaciers, wilderness, and local culture. Guests can participate in a variety of activities such as helicopter flightseeing and wildlife safaris.

In the Mediterranean, travelers can choose from over 50 itineraries aboard Allura, Insignia, and Nautica, exploring ancient ruins, culinary scenes, and sun-drenched beaches. These voyages include stops in well-known cities like Barcelona, Rome, Athens, and Istanbul.

The Baltic, Scandinavia, and Northern Europe regions offer more than 25 itineraries aboard Vista, Marina, and Insignia, with extended stays in cities like Stockholm, Berlin, and Reykjavik. Highlights include sailing through Norway's fjords and exploring the Scottish Highlands.

Canada and New England cruises aboard Vista consist of four 11-day itineraries, visiting both popular and lesser-known ports, while transoceanic journeys offer the chance to visit remote locations and enjoy the ship's amenities during days at sea.

A special feature of the 2026 Collection is Marina's Solar Eclipse Cruise, which departs on July 30 and positions guests in the path of totality for the 2026 Solar Eclipse, complete with onboard programming and expert narration.

This announcement is based on a press release statement from Oceania Cruises, which showcases the company's focus on culinary excellence and itinerary-rich cruises that span the globe. The line is set to expand with two additional ships scheduled for delivery in 2027 and possibly 2028 or 2029. For more information, interested parties may visit OceaniaCruises.com.

In other recent news, Norwegian Cruise Line Holdings has been the center of attention following optimistic assessments from several brokerage firms. Citi upgraded the company's rating to "buy" from "neutral," with a new target price of $30, up from $20. This positive outlook is based on strong growth indicators for the cruise industry, including robust demand for sea-based vacations and record booking rates. Citi's confidence is further bolstered by promising web traffic analysis and pricing data up to 2025.

In addition, Stifel, a financial services firm, has increased its price target for Norwegian Cruise Line Holdings to $29.00, maintaining a "buy" rating on the stock. This optimism is rooted in the company's strong operating fundamentals and its ability to meet financial goals for 2026.

Truist analysts also raised their price targets for Norwegian Cruise Line Holdings to $25 from the previous $21, based on promising data regarding future cruise bookings and pricing. Similarly, Mizuho Securities increased the price target for Norwegian Cruise Line to $26 from $25, maintaining an "outperform" rating on the stock.

In terms of leadership changes, Norwegian Cruise Line announced the departure of Mr. Russell Galbut from its Board of Directors and his role as Chairperson, with Ms. Stella David succeeding him. These are the recent developments for Norwegian Cruise Line Holdings.

InvestingPro Insights

As Norwegian Cruise Line Holdings Ltd . (NYSE: NCLH) unveils its ambitious 2026 Collection of Voyages through its Oceania Cruises brand, investors may find valuable insights from recent financial data and expert analysis.

According to InvestingPro data, NCLH's market capitalization stands at $10.68 billion, reflecting its significant presence in the cruise industry. The company's revenue growth of 26.87% over the last twelve months as of Q2 2024 aligns with the expansion plans outlined in the 2026 Collection announcement, suggesting a continued focus on top-line growth.

An InvestingPro Tip indicates that net income is expected to grow this year, which could be partly attributed to the strategic planning evident in Oceania Cruises' diverse itineraries and focus on small-ship luxury travel. This growth expectation is further supported by the fact that 6 analysts have revised their earnings upwards for the upcoming period, potentially reflecting confidence in the company's future performance.

The cruise line's emphasis on personalized experiences and extended port stays, as highlighted in the 2026 Collection, may contribute to its strong financial metrics. NCLH's EBITDA growth of 219.98% over the last twelve months as of Q2 2024 is particularly noteworthy, indicating improved operational efficiency and profitability.

It's worth noting that NCLH is trading near its 52-week high, with a robust 62.43% price return over the past year. This performance could be indicative of investor optimism surrounding the company's growth strategies and recovery in the cruise industry post-pandemic.

For investors seeking a more comprehensive analysis, InvestingPro offers 15 additional tips for NCLH, providing a deeper understanding of the company's financial health and market position.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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