Norwegian Cruise Line Holdings Ltd.

Good morning and welcome to the Norwegian Cruise Line Holdings first quarter 2023 earnings conference call. My name is Paul and I will be your operator. At this time, all participants are in a listen-only mode. Later, we will conduct a question and answer session and instructions for this session will follow at that time. If anyone should require operator assistance during the conference, please press star zero on your touchtone phone. As a reminder to all participants, this conference is being recorded. I would now like to turn the conference over to your host, Jessica John, Vice President of Investor Relations, ESG, and Corporate Communications. Ms. John, please proceed.

Thank you, Paul, and good morning, everyone. Thank you for joining us for our first quarter 2023 Earnings and Business Update call. I'm joined today by Frank Del Rio, President and Chief Executive Officer of Norwegian Cruise Line Holdings, Harry Sommer, President and CEO-elect of Norwegian Cruise Line Holdings, and Mark Kempe, Executive Vice President and Chief Financial Officer. As a reminder, this conference call is being simultaneously webcast on the company's investor relations website at www.nclhltd.com slash investors. We will also make reference to a slide presentation during this call, which may also be found on our investor relations website. Both the conference call and presentation will be available for replay for 30 days following today's call. Before we begin, I'd like to cover a few items. Our press release with first quarter 2023 results was issued this morning and is available on our investor relations website. This call includes forward-looking statements that involve risks and uncertainties that could cause our actual results to differ materially from such statements. These statements should be considered in conjunction with the cautionary statement contained in our earnings release. Our comments may also reference non-GAAP financial measures. A reconciliation to the most directly comparable GAAP financial measure and other associated disclosures are contained in our earnings release and presentation. With that, I'd like to turn the call over to Frank Del Rio. Frank?

Thank you, Jessica, and good morning, everyone. Thank you for joining us. Today marks a significant milestone for me, as it is my 34th and final earnings call as president and CEO of this incredible company, before my upcoming retirement, which was announced just over a month ago. In 2015, I was given the opportunity to lead Norwegian Cruise Line Holdings into its next chapter, one where we brought together three of the industry's leading brands, Norwegian Cruise Line, Oceana Cruises, and Regent Seven Seas Cruises, to form the best cruise operator in the industry. After eight incredible years, it is now time for me to make way for the next generation of leaders who are ready and energized to take this company on to greater heights. Before getting to the crux of the call, I want to take a moment to thank all of Norwegian's team members around the globe, shipboard and shoreside, who are the backbone of this company and who are the main driver of its success. I also want to express my sincere appreciation to our loyal guests, valued travel partners, lenders, shipyards, investors, analysts, and all of our stakeholders for your continued support and partnership over the years. I'm incredibly proud of what we have been able to collectively achieve, especially over the past few extremely challenging years, but I know that the best days for this company still lie ahead, and I look forward to seeing what you all accomplish together. With Harry's thumb right at the helm, I leave this company in the most capable of hands. As slide five shows, Harry has a broad range and depth of experience that makes him one of the premier executives in the industry. I have worked with Harry in various capacities over the course of three decades, and I can assure you that he is a strategic and innovative leader who has the right talent, skill set, and energy to lead the company at this pivotal time in its history. As a longstanding cruise industry and company veteran, he brings both continuity and a fresh perspective to this seat, We have been working together along with our board of directors and the rest of the senior management team for some time now to ensure a seamless transition, and I am confident that NCLA will not skip a beat as we continue to push forward and capitalize on the momentum we are experiencing today. Now, there are times when fate meets circumstances, and this happens to be one of those times as my departure coincides not only with the 20th anniversary of the founding of Oceana Cruises, but also the delivery of the seventh ship in the Oceania fleet, the incomparable Vista, which you can see details about on slide six. With great pride, we took delivery of this amazing ship just last week, bringing NCLH's total fleet to 30 vessels with over 60,000 berths. We are heading over to Europe this week, where Vista will be christened in Malta by her godmother, Emmy Award-winning food personality Giada De Laurentiis. With 1,200 guests, Vista is the first of two Alora-class ships for the line, with a second ship named Alora expected in 2025. These ships will further elevate and cement Oceana Cruises' leading position in the upper premium cruise space. I have to thank our partners at Fincantieri once again for bringing our vision to life and delivering a truly magnificent ship. What is even more exciting is that Vista is just the first of three new builds that we have in the pipeline this year, with Norwegian Viva and Region 70's Grandeur joining the fleet later this year. New hardware introductions generate excitement from those new to cruise and new to brand, as well as with our loyal past guests. So three ships in one year will mean that much more of a halo effect for our company to leverage. Given their very efficient financing structures made possible through the unique nature of the industry's interconnected financing ecosystem, New ships are able to contribute immediately and are expected to be meaningful drivers of the company's future earnings growth and margin expansion. So now I'll turn the call over to Harry, who will be tasked with delivering on the significant potential upside we see ahead to provide an update in the current environment and the key catalyst we have in the horizon. Harry.