Norwegian Cruise Line Sails Into the Next Phase of Travel Recovery With Premium Demand in Focus
Benchstone Capital exited its position in Norwegian Cruise Line during the fourth quarter as the cruise operator moves deeper into a post-reopening travel cycle. With its mix of premium and luxury brands, Norwegian is betting that higher-end demand can sustain revenue strength even as the broader travel surge normalizes.What happenedBenchstone Capital Management LP fully liquidated its holding in Norwegian Cruise Line Holdings (NCLH 0.60%), reducing its position by 2,133,322 shares, according to a filing wi ...