For those that believe the cruise industry has taken a hit please think again. According to what I have read numbers of cruisers is up 13%. Yes they were slightly down with the ship going aground but the Princess issue have barely made a dent in people cruising. The funny thing is that Princess also owns Norweigan, Costa and several other lines and all have been up in sales.
http://www.cruisemarketwatch.com/articles/cruise-market-watch-announces-2013-cruise-trends-forecast/
Among the 2013 highlights:
- - The worldwide cruise market is estimated at $36.2 billion, up 4.8% from 2012.
- - Cruise passengers carried worldwide in 2013 is forecast at 20.9 million, a 3.3% increase over 2012.
- - The top two cruise companies Carnival Corporation (NYSE: CCL) and Royal Caribbean Cruises Ltd. Co (NYSE: RCL) account for 71.7% of worldwide share of revenue
- - Direct spending by passengers and crew at all cruise ports in the world is estimated at $17.5 billion.
A total of six new ships will be added in 2013 with a gain in passenger capacity of 14,074 (including the 3,600 passenger Royal Princess, the 4,010 passenger Norwegian Breakaway, 2,192-guest AIDAstella and 3,502 berth MSC Preziosa). Looking out further, 13 more new cruise ships will add 39,297 lower births or 8.9% to passenger capacity by the end of 2015 – generating $3.2 billion more in annual revenue for the cruise industry.
By 2017, 23.7 million cruise passengers are expected to be carried worldwide of which 59.1% will originate from North America and 27.4% Europe.
Any negativity that has happened has had minimal effect on the overall industry.
BTW cruising is a great buy overall.