Royal Caribbean's Long-time CEO Fain to Step Down
levels as sailing operations slowly restart more than a year after operations were suspended.Fain was one of the key leaders to push for a safe restart of sailings during the pandemic that wiped off half of Royal Caribbean's market valuation in 2020.The company teamed up with rival Norwegian Cruise Line Holdings Ltd to form a task force to help develop safety standards for restarting the industry.Royal Caribbean became the first major cruise operator to resume operations from U.S. ports in June, and booking trends for 2022 are reaching historical ranges due to pent-up demand from travelers, the
Norwegian Cruise Line, Port of Seattle Ink 15-year Lease
; “Alaska is a favorite cruise destination for guests on all three of our brands and Seattle, with its incredible culinary offerings, luxurious accommodations and outstanding attractions, makes for an ideal homeport,” shared Frank Del Rio, chief executive officer for Norwegian Cruise Line Holdings Ltd. “With primary use of the world-class facilities at Pier 66, we can further customize our guests’ pre- and post-cruise experience and better align it with the superior service levels offered by our three award-winning brands.” “This is a historic
Montague named Prestige Cruise President, COO
Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) announced today that Jason Montague has been named President and Chief Operating Officer of Prestige Cruise Holdings, Inc. effective today, following the resignation of Kunal S. Kamlani. Montague was instrumental in launching Oceania Cruises in 2002 and is widely regarded as one of the original co-founders of the company. "As we continue to refine the future organization, Jason stands out as a leader who is knowledgeable about the brands and is so passionate about them," said Kevin Sheehan, president and chief executive officer of
Madsen to Head Norwegian Cruise Line
Former President and Chief Operating Officer of Darden Restaurants Joins Norwegian Cruise Line Norwegian Cruise Line Holdings Ltd. announced today that Drew Madsen has joined the company as president and chief operating officer of Norwegian Cruise Line. Madsen brings more than 30 years of leadership experience in the hospitality and consumer products industry, most recently as president and chief operating officer at Darden Restaurants, Inc. Prior to Darden, Drew held leadership and marketing positions at James River Corporation and General Mills, among others. "Having delivered exceptional
