Norwegian Cruise Line is selling short Bahamas cruises that start at less than $60 a day following the ban of U.S. sailings to Cuba.
A company promotion says three- to five-day cruises to the Bahamas start at $169 on the Norwegian Sky and Norwegian Sun. Those two ships had been sailing to Cuba.
Norwegian’s website lists a four-day Norwegian Sky cruise departing June 17 as starting at $199, including open bar.
Norwegian’s parent company, Norwegian Cruise Line Holdings, issued a separate statement saying that dropping Cuba will cost 35 cents to 45 cents a share from 2019 earnings — between $76 million and $98 million.
In its statement, NCLH said “the extremely abbreviated time frame to modify our itineraries to be in compliance with the new travel restrictions to Cuba has exacerbated the impact to the company’s earnings estimates.”
NCLH said sailings that included a Cuban port of call represented slightly more than 3% of the company’s remaining sailings in 2019 for all three of its brands. The company said about 25% of the impacted capacity days were on sailings of Oceania Cruises and Regent Seven Seas Cruises,” the majority of which were Cuba-intensive premium-priced itineraries.”
NCLH said the costs of pulling Cuba from itineraries include substantial discounts to keep guests on their booked cruise, accommodation of cancellations and changes to reservations, incremental marketing investment to support the compressed sales cycle for modified voyages, and the protection of travel agent commissions.