Published on 27 May 2024 on StockStory via Yahoo Finance

Q1 Rundown: Norwegian Cruise Line (NYSE:NCLH) Vs Other Hotels, Resorts and Cruise Lines Stocks

Q1 Rundown: Norwegian Cruise Line (NYSE:NCLH) Vs Other Hotels, Resorts and Cruise Lines Stocks

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Norwegian Cruise Line (NYSE:NCLH) and the rest of the hotels, resorts and cruise lines stocks fared in Q1.

Hotels, resorts, and cruise line companies often sell experiences rather than tangible products, and in the last decade-plus, consumers have slowly shifted from buying "things" (wasteful) to buying "experiences" (memorable). In addition, the internet has introduced new ways of approaching leisure and lodging such as booking homes and longer-term accommodations. Traditional hotel, resorts, and cruise line companies must innovate to stay relevant in a market rife with innovation.