Norwegian Sees Strong Consumer Demand Driving Rising Profitability, Helped by Brand Intangible Asset
Norwegian offered similarly positive commentary as its narrow-moat peers Carnival and Royal Caribbean on the demand environment, noting that the booked position for 2019 continues to exceed 2018 levels and that initially the positive cadence is carrying into 2020. Our forecast already called for yield growth of 2.5% in 2019 (as the year will be largely organic growth, with Encore arriving in November), on top of 3.6% in 2018 and 4.8% in 2017, trending to our normalized expectation of 2%-2.5% ove...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.