Norwegian Cruise Line Holdings Statement on Travel to Cuba


MIAMI, April 22, 2016 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH); together with NCL Corporation Ltd., “Norwegian Cruise Line Holdings”, “Norwegian” or the “Company”) today was advised that the government of the Republic of Cuba has authorized entry and exit of Cuban citizens into and out of the country as passengers or crew of cruise ships independent of their migratory status.  This authorization allows Cuban-born residents and citizens residing abroad, including the United States, to enter and exit Cuba via cruise vessels.

“I am extremely pleased with the announcement that all Americans, regardless of their place of birth, will be able to travel to Cuba aboard cruise ships,” said Frank Del Rio, president and chief executive officer of Norwegian Cruise Line Holdings, who was born in Cuba and immigrated to the United States in 1961. “Our Oceania Cruises brand continues discussions with Cuban officials seeking approval to commence cruises to Cuba later this year. I had every confidence that the Cuban government would allow its natural born citizens to visit the island nation by cruise ship as they have allowed Cuban Americans to travel by air for years. I am encouraged to see that the governments of both Cuba and the United States continue to institute constructive resolutions to issues across a wide spectrum, including the lifting of remaining restrictions on travel for American citizens.  I am very much looking forward to sailing to Cuba soon aboard one of our ships in the company of many fellow Cuban Americans and other fellow Americans who wish to share in the excitement and passion that cruising to Cuba brings.”

Norwegian Cruise Line Holdings is in continued talks with the appropriate authorities in Cuba on behalf of its three brands: Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises, to gain approval to commence cruises to Cuba in the near future.

About Norwegian Cruise Line Holdings Ltd.

Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) is a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands.

With a combined fleet of 23 ships with approximately 45,800 berths, these brands offer itineraries to more than 510 destinations worldwide. The Company will introduce five additional ships through 2020.

Norwegian Cruise Line is an innovator in cruise travel with a history of breaking the boundaries of traditional cruising, most notably with the introduction of "Freestyle Cruising," which revolutionized the industry by giving guests more freedom and flexibility. Norwegian Cruise Line offers The Haven by Norwegian, a luxury enclave with suites, private pools and dining, concierge service and personal butlers. Oceania Cruises offers the finest cuisine at sea and immersive destination experiences with destination-rich itineraries spanning the globe. Regent Seven Seas Cruises is an all-inclusive cruise line which provides all-suite accommodations, round-trip air transportation, highly personalized service, acclaimed cuisine, fine wines and spirits, Wi-Fi, sightseeing excursions in every port and other amenities included in the cruise fare.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements include, without limitation, statements forecasting our adjusted earnings per share and any statement that may predict, forecast, indicate, or imply future results, performance, or achievements. Forward-looking statements involve risks and uncertainties, including but not limited to economic, legal and regulatory, competitive, and technological factors outside of Norwegian Cruise Line Holdings Ltd.'s ("NCLH") control that may cause NCLH's business, strategy, or actual results to differ materially from the forward-looking statements. You should not place undue reliance on forward-looking statements as a prediction of actual results. For information about the risks and uncertainties associated with NCLH's business, please refer to NCLH's filings with the Securities and Exchange Commission. NCLH expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in expectations or events, conditions or circumstances on which any such statements are based, except as required by law.


            

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