ncl future cruise credit transfer
You might receive a Future Cruise Credit if a . And whether or not we refinance that on a more holistic approach or we do another amend and extend, obviously, we'll look at what the markets are doing, what the environment looks like, but we'll do the most, obviously, the most economically feasible option out there. And lastly, we're going to continue to capitalize on the robust consumer demand we're experiencing, which is translating into our record book position and strong pricing, including very robust onboard revenue generation. Instead of getting the amount refunded to your credit card, you may be issued a certificate you can use towards your next Norwegian Cruise Line sailing. Dan Politzer -- Wells Fargo Securities -- Analyst. We view this as a winning formula. Thank you, Frank. Transfers Got it. Registered Seller of Travel. Yes. Future Cruise Credits will be credited to you via your Latitudes number within seven working days. The FCC is applied to an active and existing reservation. So, we have very efficient fixed rate financing for all of our newbuilds that are on scheduled to delivery through 2028 at an average rate of anywhere from 2% to 2.5 %. And I see no risk around that because there's just simply not an opportunity for the institutions to do that. Our Peace of Mind policy applied to all sailings through and including May 31, 2022, guests were free to cancel up to and including January 31, 2022. And if you don't want to give exact numbers, you know, I understand that, but maybe some qualitative commentary would be would be helpful there. Your original Future Cruise Credit can be applied to Pre-paid service charges, Beverage or dining gratuities (if part of the Free At Sea promotion selection), Air purchased through Norwegian Cruise Line, Hotel purchased through, Norwegian Cruise Line, Cruise tours purchased through Norwegian Cruise Line, Pre-booked and pre-paid shore excursions, Transfers, Essentials, Booksafe Standard or Platinum Travel Protection insurance (if purchased on the original suspended reservation). And as I had communicated when we communicated on our last call, we were steadfastly going into a lot of our onboard -- our margin enhancement initiatives. Norwegian Cruise Line (NCLH) Q1 2023 Earnings Call Transcript I know I speak on behalf of the entire NCLH team when I say thank you, Frank, for your countless contributions, not only to our company, but also to the broader cruise industry. And what's unique about that in the third and fourth quarter, obviously, we're taking -- we have a higher -- we have the higher operating cost brands of Oceania and Regent. Can I use my Future Cruise Credit to book cruise extras and add-ons such as shore excursions stays tours or drink packages onboard? The best way to ensure a smooth transfer of future credits collected is to fill out the survey provided on the last day of the sailing. A credit card dispute was filed for the charges. Thank you. Norwegians Enhanced Peace of Mind Policy was available from December 30, 2021 through January 31, 2022. How long is my Future Cruise Credit valid for? Give specific details . Future Cruise Credits are issued by the Cruise Lines for various reasons. At 1,200 guests, Vista is the first of two Allura class ship for the line, with the second ship named Allura expected in 2025. Create your very own My Future Cruise Credit account for free, in only a few simple steps, Browse among thousands of sailings worldwide and get expert advice along the way, Claim an additional credit back to use to PAY LESS on any hotel, tour, resort, cruise or even wine of your choice, Learn how to redeem your future cruise credit & get a bonus with 4 simple steps. So, you know, what am I missing there, Mark? Mark Kempa -- Executive Vice President, Chief Financial Officer. While we originally planned to fund this with our organic cash flow generation when the ships were originally ordered, given the very efficient and supportive financing we received from export credit agencies and the continued uncertainty in the macro and financial markets, we felt financing this was a prudent action to minimize cash outflows for the next few years. Thanks for that, Mark. So, I wouldn't skew too much that the premium itineraries are going to be a big driver of cost. By And so, we're going to -- occupancy may not be coming in exactly what we thought, but it makes more sense to hold price for those or just trying to think about because I think the itineraries themselves didn't change since last reported. Vince Ciepiel -- Cleveland Research Company -- Analyst. To what reservations does the Peace of Mind policy apply? Hindi Obviously, while there is a slight impact to load factor, the whole reason we're going to more longer premium itinerary intensive destinations is, number one, to get a better guest, to get higher pricing, and to maximize the value that we're getting out of each of our assets. Future reservations are subject to prevailing fares and offers in market at the time of booking. As I said, those are fixed, so we have very efficient financing going forward. Thank you, Frank. Savings Credits have real monetary value, so you can use them to save up to 60% off market rates on hotel and resort stays, tours, cruises, ski, spa, golf and so much more! If you have any questions, our friendly team of Future Cruise Credit Experts are equipped and ready to help with your Future Cruise Credit. Any bonus FCC amount is applied only to the voyage fare. Listen, we have about 20% increase in capacity for 2023 versus 2019. Can you kind of help us understand why that's different now? Your Future Cruise Credit may be used towards the base cruise fare of a future cruise booked within its expiration date. Norwegian Cruise Line | Future Cruise Credit - BJ's Travel What Charges Does Future Cruise Credit Not Cover? Yeah, so, definitely, we are planning -- you know, we are funding all of our existing debt maturities this year from cash on hand and organic cash flow. Social Security Cuts May Be Coming. Reservation must be within the final payment period. If I booked a fly cruise does my Future Cruise Credit cover the cost of the flight? But I guess what I'm just getting at here is, you know, if your customer base stays pretty much status quo from here, you know, it would seem to us that it would be tough not to get to the high end of your full year guidance and maybe even exceed the top end of your guidance. Yeah, Brandt, good morning. Instead of getting the amount refunded to your credit card, you may be issued a certificate you can use towards your next Princess sailing. Our next question is from Robin Farley with UBS. And did I get that correct? This includes improvements in areas such as supply chain initiatives, back office optimization, as well as crew costs and travel expenses. Instead of getting the amount refunded to your credit card, you may be issued a certificate you can use towards your next Norwegian Cruise Line sailing. However, they will be brought back to service soon. And I think we've demonstrated that in Q1. In order to transfer an FCC, and in an effort for us to best assist you quickly, please follow the instructions below: POM or Suspended Sailing reservation number that generated the FCC being transferred: At time of cancellation, all promotional offers, amenities, and value adds will be removed from the booking and will not carry-over to future reservations. Harry? Future cruise credit blues NCL - Norwegian Cruise Line - Cruise Critic This may mean different protocols from ship to ship based on local state or port requirements or in an abundance of caution to keep our guests and crew as safe as possible. Can I use my Future Cruise Credit to prepay gratuities? Great. Can I get a refund on the add ons booked with my cruise such as spa treatments shore excursions included with my original cruise? We covered our leadership transition already, which could not have gone smoother, so I will skip ahead to what continues to be a healthy demand environment. Effective from the 29th July 2020 the below values are rewarded in Future Cruise Credits: let one of our experts help you with this procedure to ensure the right amount is transferred. Only the entire and full original value of Peace of Mind and suspended sailing FCCs worth 100% of the fare paid, as well as the bonus 25% or 50% FCCs, are eligible for transfer. As we anticipate high volumes of inquiries, we kindly ask for your patience and allow up to 30 days for the review process to be completed. Thanks, Frank. Ancillary pre-purchased items include: Another way to receive a Future Cruise Credit is whilst onboard, some Cruise Lines offer future cruise certificates or credits as an exclusive offer only available onboard, either to compensate a negative or disruptive experience or simply as a personal gift/incentive to secure your next cruise. Thanks for that. These guests will receive a 150% refund of the fare paid in the form of a future cruise credit, which can be applied toward any cruise through to 31 December 2022, or a 100% refund of the fare paid. This is a strategic and cost-effective initiative to help address the consistent pain point we hear from guests regarding the reliability and speed of internet connectivity at sea.
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