This substantial improvement was achieved despite higher crew travel costs and freight resulting from the Middle East disruption.

Jun 23, 2026 / CFO / receipt, needs a key / David Bernstein, CFO | earnings call 2026-06-23 | transcript 1c9f65ea-50ce-4fe4-ad62-b1d0c4ae323e | chars 15061-15190 | segment 15

While we are disappointed by the slower ramp down in inflation than previously anticipated, Our two and a half point increase in net per diem guidance far outweighs our cost guidance increase, improving margins and the bottom line.

Jun 26, 2023 / CFO / receipt, needs a key / David Bernstein, CFO | earnings call 2023-06-26 | transcript 7643171a-beca-44a9-aaac-3c98a39aca80 | chars 20616-20847 | segment 21

Once again, Our onboard and other revenue per diems were up significantly in the fourth quarter 2021 versus the fourth quarter 2019, in part due to the bundled packages as well as onboard credits utilized by guests from cruises canceled during the pause.

Dec 20, 2021 / CFO / receipt, needs a key / David Bernstein, CFO | earnings call 2021-12-20 | transcript 261f9a9a-eb09-42b4-aa8d-e2580990e486 | chars 16913-17167 | segment 17