Onespaworld Holdings Ltd at Cowen Future of the Consumer: Sustainable Growth for a New Ecosystem Conference Transcript
Good afternoon, everyone. Thank you for joining us this afternoon. I am Max Rakhlenko, Cowen's retail and fitness and wellness analyst. I am excited to welcome Leonard Fluxman, Chairman and CEO of OneSpaWorld; and Stephen Lazarus, CFO and COO.
OneSpaWorld is the preeminent global provider of health and wellness products and services onboard cruise ships and in destination resorts around the world. The company recently reported its first-quarter results.
And as of 1Q end, 127 of the 170 ships were on water, and management expects to increase 268 by 2Q end, and for the company to operate on 178 ships by year end.
Guys, thanks so much for joining us. We have spoken many times over Zoom, so great to be in person once again after a few years.
Questions & Answers
So just first question. So OneSpaWorld has a very unique business model. Can you discuss what you are doing to grow and expand your moat? And the factors that distinguish
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