Norwegian Cruise Line's guests love freedom and flexibility, says CEO Harry Sommer

I also know it from my then 26 year old who took a Norwegian cruise that the idea of who's on these cruises is complete. I mean in terms of like what the old, what older people might think. Younger people recognize that the cruise is, is frugality and value and that means to them in a world where they're always worried about money, which they have to be inflation and difficult times, it's the only way they can really have luxury. Listen, we we appeal obviously to older customers, but Millennial and Gen. Z is the fastest growing segment of our cruising right now. Yet they're coming, they're enjoying it, they see the value for the money. They also appreciate the guest experience. These are consumers that value experiences over things and the cruise provides experience. Now it seems to me that you're one of the reasons why you can be afford to be as bullish is it isn't like they're pumping out ships every single day. There's a limited supply of the kind of ship that you have. Yeah, listen, there are only three companies in the world that build ships and I don't think there's any more coming online. And when there are only three companies in the world that build ships, they can only pump out 3-4, maybe five in a bumper year. It's a 3% supply growth and when you are inherently constrained by 3% supply growth, there's lots of room for pricing. Don't miss a second of Mad Money follow at Jim Cramer on X. Have a question? Tweet Kramer Hashtag Mad Mentions? Send him an e-mail to [email protected] or give us a call at one 807 Four Three CNBC. Miss something? Head to madmoney.cnbc.com.