Norwegian Cruise Lines Holdings (NCLH) recently unveiled their newly renovated Oceania brand ship Insignia.
Real Money Reporter Kevin Curran recently took a quick tour inside the ship and talked to the company's CFO and some passengers about various aspects of cruise line business.
During the tour, the CFO Mark Kempa stressed that a dividend and more shareholder surprises could be in the company's itinerary for 2019.
"As we turn to 2019 we are looking to have a more balanced approach of more share repurchases and potentially implementing a dividend" Kempa said. "With us generating $1 billion to $1.5 billion of free cash flow per year, we have a great problem on our hands."
The Price of Luxury Experience
Accommodations cost about $6,000 a month and include meals, entertainment and educational programs. There are 342-staterooms and suites.
Insignia Travel Itinerary
As the ship was on its way to 180 days tour, Real Money reporter Kevin Curran noted that lots of the passengers seem to be senior citizens, who were excited about this long tour.
"It was our friends that suggested it, " said one of the passengers, " and within half an hour we decided this is what we want to do."
Insignia sets sail from New York City. Stops include: Miami, Cuba, Peru, Panama Canal and Brazil to name a few.