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
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.