The State of the Cruise Line Industry, as Seen by Norwegian's CEO

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The State of the Cruise Line Industry, as Seen by Norwegian's CEO

by TheStreet 1:30 mins

The State of the Cruise Line Industry, as Seen by Norwegian's CEO

by TheStreet 1:30 mins

The cruise line industry is notoriously price competitive. Travel websites such as Orbitz, Priceline, and TripAdvisor do their best jobs at getting hot deals on cruise-based vacations to consumers. However, the cruise line industry is not without its history, consisting of travel agents that work hand and glove with consumers to book once in a lifetime vacations or the typical seasonal travel experience. Following an intensely competitive pricing environment to start 2014, industry conditions may finally be stabilizing. The company's top executive shares his views on the current state of the industry.

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