Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) (Norwegian), a leading global cruise company, yesterday announced the launch of a new partnership with Alibaba Group (NYSE:BABA), the world's largest online and mobile commerce company.
The two companies will leverage Norwegian's expertise in providing exceptional vacation experiences and its innovative and award-winning cruise offerings along with Alibaba's unparalleled insights into the wants and needs of the Chinese consumer to deliver the cruise industry's most-customized product for the local China market.
Utilizing Alibaba's expansive ecosystem for engaging consumers, the two companies will look to further increase the awareness in China of the unique offerings of a cruise vacation. They plan to make it the preferred vacation choice among Chinese travelers in what is forecasted to become the cruise industry's second-largest source market. The companies will also collaborate to provide Alibaba customers with new and unique online-to-offline (O2O) experiences at sea across Norwegian's China-based and global fleet.
Passenger ship Norwegian Joy - Image courtesy of Simon Mulder
The announcement comes as Norwegian prepares to enter the Chinese cruise market in June 2017 with the introduction of its most innovative ship to date - the 3,850 passenger Norwegian Joy - the first premium cruise ship designed and constructed specifically for Chinese travelers. Norwegian Joy will be the 25th ship in Norwegian's fleet across its three brands - Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises.
"We are pleased to partner with Norwegian Cruise Line on this tremendous initiative," said Michael Evans, President of Alibaba Group. "Our expanded relationship is another example of how Alibaba is helping international brands to reach Chinese consumers through our robust data, marketing and technology. We look forward to further strengthening our collaboration with Norwegian in the future."
Alibaba operates the world's largest online and mobile marketplaces. Alibaba is much more than an e-commerce company, offering a wide range of products and services to its nearly half billion monthly active users. In China, people live, work and play on Alibaba, buying local and overseas products, and enjoying its entertainment and lifestyle services - travel, food delivery and social networking.
"Since launching our first cruise over 50 years ago, Norwegian has grown to become one of the most storied names in leisure travel with groundbreaking innovations that have shaped the modern cruise industry," said Frank Del Rio, president and chief executive officer of Norwegian Cruise Line Holdings. "Our partnership with Alibaba will combine Norwegian's history of innovation in the cruise industry and our entry into the Chinese cruise market with Norwegian Joy with Alibaba's extensive knowledge of China's consumer base and its unique ecosystem which continually reaches consumers in new and ever-expanding ways."
"The partnership with Alibaba complements our strong, existing relationships with our loyal travel agents to provide unmatched insight into what Chinese travelers look for in a vacation experience," said David Herrera, President, NCLH China. "The combination of Norwegian's expertise in delivering memorable vacation experiences, Alibaba's insights into Chinese consumer behavior and our travel agents' knowledge of the preferences of Chinese travelers will create a cruise product unequaled in China."
Norwegian took delivery of Norwegian Joy on April 27, after which the ship began her repositioning from the shipyard in Germany to her home port of Shanghai. Her inaugural and christening gala ceremony will take place on June 27 in Shanghai, featuring the ship's Godfather, ‘King of Chinese Pop', Wang Leehom.
Source: Norwegian Cruise Line