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No Slowdown for the Cruise Industry

No Slowdown for the Cruise Industry
The cruise industry shows no signs of slowing down, with nearly 24 million passengers expected to sail in 2016, a dramatic increase from 15 million just 10 years prior (2006) Cruise Lines International Association (CLIA) said.

CLIA also revealed that member cruise lines are scheduled to debut 27 new ocean, river and specialty ships in 2016 for a total investment of more than USD 6.5 billion in new ocean vessels alone.

What is more, travel agents are also experiencing a higher demand for cruise travel. Eight out of ten CLIA member travel agents stated they are expecting an increase in cruise sales in 2016 over last year.

“In an effort to make cruising the best overall vacation experience available, the industry is continuing to evolve to ensure there truly is a cruise for every travel style and budget,” said Cindy D’Aoust, CLIA’s Acting CEO.

“By creating unique ships, new experiences and access to destinations around the world, the evolution, appeal and value of cruise travel continues to drive the overall growth of the industry.”

Cruising also generates a substantial positive economic impact globally. Cruise industry expenditures generated USD 119.9 billion in total output worldwide, supporting 939,232 full-time equivalent employees who earned USD 39.3 billion in income in 2014, CLIA’s data shows.

Based on the outlook, the Caribbean remains to be the most attractive destination with 33.7 % share in cruise capacity development, followed by the Mediterranean with 18.7 % and Europe with 11.7%. Further details are available in the infographic below.

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