Jessica, good you, everyone. all Thank you joining thank Well, and us morning, for today.
and Cruises. last if appointment Chief like of week to also Before joined good Communications. we Regent remarks, Strategy congratulate company recently Inman, Relations recent I'd her get Sarah new Officer into heard you Sea as the already Head Seven to haven't the on prepared to Investor news, I'd who Jessica for our welcome Corporate like
to her you have I'm weeks months in pleased the have chance on Sarah We and of meet the will ahead. sure the and to many are team, very
interim on up Sarah. smooth ensure a and the Congratulations to she continue As in congratulations the to company, to Jessica be transition. will available to Jessica ramps
revenue the to and I'm all of I strong results, guidance exceeding quarter a share on work and record worldwide. our on to to hard with and achieved meeting at we key pleased third success this attribute results the morning members, turning dedication that team generating or ships to in metrics. offices both Now our incredible you our have
both to executing vision strategic make on I good the priorities We longer-term shown X. progress quarter, shared which on also defining near-term our continue and on Slide are last
continues demand record First, is cruise basis, to strong On our forward and our levels capitalizing we at and booking generation. position prices. XX-month revenue the ensure our pricing stay environment be team on optimal higher within while curve a on to focused optimal maximizing ranges on onboard book our for at
adapt for our to are While eye on needed. we enable far and geopolitical building also are landscape the very and we and pleased our in already keeping book a XXXX so macroeconomics with close progress evolving beyond, if
the palpable globe, guest shipboard spend. team accelerate this without base our more our of innovative The new our satisfaction onboard even strong metrics. been last next initiative seen have ongoing our this impacting shoreside and These high challenge our quarters through in results off long-term cost ways Since future cruise consecutive that margin strong guest sustained with find repeat while by and priority preserving driven equity. evidenced across the done rates sales rightsizing to members year, to we level, continued guest And have brand recovery and is onboard as with is a have in X margin continued enhancement kicked momentum operating encouraging by and still what's initiatives. change cost our experience improvement the we we continued embracing culture
stopping resulted well docking dry original each generating time revenue service The savings to methodical shift this over not million changes month, plan to planned of we get We the a approach us days versus the of which by scheduled a our on allow guest result revenue CapEx ahead dock. of just faster. example. incremental to To X tour through XXXX to all, opportunities. was board more of value help to shortened dry the we Jewel to dollars plan. return self identify the X highest length in Last will that the also give in expected All the are real-time dry XX% made dock and spent. lower took to walked just It but result the few you day expected much the project feedback Norwegian while cost, in
point, have less still lowest fruit remain this like hanging While several of untapped. we this the opportunities available at
to the I but want focus vigilant in are of to identifying, leads and in and priority, is same and committed a to embedding manner. us, relentless to something are not exercise reassure This executing rather to you offerings approach is make a us on the our to keeping intentional and methodical balanced opportunities organization. guest next strategic one-off DNA that evaluating we enhancements which our to our experience. entire This we
on investments and still offerings. service focus our generating making in keen costs, high-return we product continued are the smart, With modification and
for both have discretion from in them to fourth for offering lines expected preferred in specific to and are This our guests signed benefit current guests This dual will satisfaction the their revenue. Air guest incremental flights are allow example, a Cruise fee. to quarter, For Choice we generating is of which bundled allow Norwegian and launching Line. a flight at choose upgrade air the improving
high-speed our XXXX. We investments technology by of Universal fleet across mobile are end and the disciplined websites making also for in entire StarLink better to apps Internet
gone excellent efforts experience unnoticed. an not targeted provide to have guest high-value Our
net Norwegian based and line service, ] on X. was the categories, Awards. Cruise accommodations Conde [ fact, Nast Traveler megaship top their voted and just by including Norwegian Line Choice cruise Cruise food, choices In top their Reader's in several XXXX sustainability for named Line Readers
that clear guests. to it's continues resonate our So strongly our product with
are May, of Viva, Norwegian ship incredible we're which and which incredible the we took in class X ] were list. Fincantieri the on in priority at done first fourth our welcoming in we each ] is Vista After second year game-changing partners [ the Oceania prima our in in of the delivery for introducing [ yet. in This with to built August, Italy. all history not ship the the Turning brand, year
loyal class valued of continues X be of guests brands our strategy just out The growth In to luxury will rounds a across time. expansion. overwhelmingly of back or of to Italy guests future they Regent, few very cruising highly weeks, our I which The are Seven a delivery Grandeur, the X. to successful positive on be take first and another continues Slide can to to pass reception cornerstone our addition margin ships for our these taking builds Sea see earnings whether to heading Grandeur board, it's Regent from key for Explorer trying level. for drivers be company's expected the new be award-winning of meaningful travel the as agents, the disciplined you
all month, pipeline, embark ability talks profitably. our XXXX, New brands represents with of X% X, CAGR built our partners which our to and on from this We continue XXXX Slide absorb confident see add you on in of for growth for to remain the of X to annualization interim, well right are organic and can to XXXX as in Our new a we vision shipbuilding plan interval. a benefit additional growth capacity to the ship have this until time as the scheduled now, after spring of from in the brands and the our at new right and expect growth year. delivery to the Grandeur ships But newbuilds no next we delivery across we both XXXX at
The and final the path on is embolus, reduce balance to X, derisk prior sheet. charting shown Slide a leverage
process, our continue improvement investment With payments. embarked be in amortization we strategy. in to expect of business, a leadership have grade debt of driven position by net new at the review multiyear organization, look our While across course our fresh intermediate return our we normal aspects and taking organic a financial entire the and a our cash a to on expected term, leverage all perspectives will like significant flow generation
the makes special, we a position what sector. it take committed to preserving hospitality in while and just travel, and change not embracing but broader are are leadership cruise, in We back leisure
no or view, big our In too is too small. idea
what We for time the taking and we future as value to thorough identify vision for for our holds shareholders. the Norwegian, be opportunities have more drive so we're thoughtful full a ultimately to
to goal associated with with Our share is all sometime financial multiyear in this of year, next you plan spring along targets. of
Now X. turning to Slide
and closing year united we successfully defining our out our As focus our now the vision plan is more priorities future, near-term strategic for ever. long-term than more to and on executing energize team on strong, the
as collectively goals the of to all XXXX and organization, we team years first ensure our read that are we year's how we fact, our held In overline the momentum opportunity individually spur the future Miami, collaboration to together innovation across about marching in as across move to growth. and further and all the brands and leaders gen this X beyond. and brought global that was person. It month, time foundation in have accelerate the the was together reach next we several This the we profitable into conference amazing and earlier we can towards in same an for strengthen sustained
the further we right company to confidence best the to position future. that served steps today for This are taking cement the my
revenue pricing trends shown billion bookings, Slide Now in over third We period $X.X shifting our of record an quarter, by current discussions of increase and demand in load on factors same the quarter while to achieved XX% capacity. demand diems per in XX. strong while XX% the nearly resulted growing a The growth environment consumer absorbing net X%, all XXXX. third in XXX% in of the
seen conflict recent wildfires we and Israel. in the get and months, by details, Mali into the operational devastation the escalating both have caused we in Before
prayers impacted by these and thoughts tragic events. Our with are those
we efforts to Our impacted help team and safety, of security regions. our both mobilized the well-being itineraries the priority guests, visit, in and support relief members have communities and remains we and modify
Hawaii in to our [ straining modified from offering, to avoid local in the vessel scheduled of we with began guidance we calls quickly resumed Maui and certain our a we X to the flagged with responsible [ Hawaiian return Hawaii with compared America. encouragement our unique resources Authority, Hawaii, Tourism given the ], the and Starting the September. wildfires uniquely early Josh CalhoLawi ] year-round our interisland in impacted August, only When of governor food U.S. were Ring industry itineraries both pride the peers
this significant attention As bookings sailings. did temporary we a past, with it received for the which coverage, media close-in experience slowdown in events occurred in of and nature, Hawaii
fully sailings impacted the recent fourth recovered the yet, in only represent quarter. region not quite Norwegian also for trajectory approaching on also approximately and in improved in normalized certain the of our has which Spirit on Demand levels. the much pride capacity and now America, it's right This total fall, but based of of in while X% weeks not steadily
expect While Hawaii we X% first period some for for region well year as lingering capacity full December. the in only the accounts Spirit in outside as as repositions Norwegian the in quarter, of impact this of approximately
Israel escalate, currently to Turning year. of conflict communicate decision to canceled and Israel. the for the to as cancel began recently and these modify calls Israel the are to we made XXXX preemptive remainder guests. Once in to brands calls working all diligently to itinerary We well, changes in our the
our movable and One guests we our offer are still ships can needed as for of benefits enjoy. industry so of itineraries is assets cruise the incredible to that pivot easily
the primarily for psyche. activity region, seeing lower front for is close-in elevated ongoing in conflict are and and the center cancellation both consumer we new However, as still this sailings and bookings
East QX. the had said, we to XXXX year, in of year of quarter revenue in the at XXXX capacity capacity a only visits to little X% the encouraged of Breaking the which XXXX this pricing and in down out early optimal conflict region capacity as our the Middle for the a capacity of park. X% in of region. for X% the Onboard position Prior bit continues we of confidence in by position consumer levels book forward very further, fourth about broader full strength approximately and on basis is our which generation, single knock it levels. indicator are robust remains real-time to also a and XX-month beyond, best view record XXXX in our at That
the quarter, Cruise was the for than gross onboard XXXX approximately higher revenue During period. Passenger XX% comparable Day
ever strong by only also bundled to more our forward on pull not the presell effort the consumers before cycle of step enhance our expanding effectively driven but revenue and is sales and guest offerings a foot demand bottle This and more over getting multiyear time. through the ship,
entire offering. in XXXX by basis lead this pre bundled to day through their the increased own as presold of or third X nearly XXXX, over company. reasons cash can XX% higher Slide only per the sales balance guests for capacity the but passenger nearly it our versus advanced does higher all of forward For the course something on third inflows far our why, with our quarter, also on see purchasing was outstripping a XX% is XX%. revenue quarter pulls XX, journey, ticket than guests the over Not up their in crews you of spend on growth This of
a change and Maritime Sail Before the Mark, environment advance milestones. key Slide to an positive Sustain Global spoke, our on Forum shared in Since the I our call sustainability we provide we over partnered which to last & mission driving industry, XX turn like for society. program, to I'd accomplishments update the outlines global with of and
to joined the infrastructure in industry also maritime, more committed were also XXX organizations World's alliance its decarbonization list that powerful the Coalition, sectors with full recently flagship XXXX. Forbes Zero Getting for and We towards journey energy, by to maritime by Employers we to share Best a in the within its initiative, I'm recognized proud than XXXX. supporting finance its
far, Our development most resource, team are, our important well-being. committed continued their are we and by members to and
With the now Mark financial over outlook. results I'll our and his for call commentary that, to on Mark? turn