Global Cruise-industry Boom Continues

Latest figures show that demand for cruising has increased by 77 per cent in the past decade.

Cruising is now worth US$117 billion to the global economy, with passenger numbers up from 12 million to 21.3 million passengers according to an independent report published recently.

The report, from Business Research and Economic Advisers (BREA), was commissioned by industry body CLIA (Cruise Lines International Association) and is the first to assess the worldwide economic impact of the cruise industry and puts worldwide cruise industry expenditures at US$117 billion.

There were nearly 115 million passenger and crew-visit days at ports worldwide with an average in-port spend of $126.93 per day.

Thirty per cent of passengers reside in Europe (6.4 million), including 1.73 million from the UK and Ireland, and 1.69 million from Germany.

The UK and Ireland is the second largest source market for global cruise passengers, accounting for 27 per cent of Europe’s total global cruise passengers.

Southampton is among the top 10 European home ports for the global cruise market alongside Barcelona, Venice, Civitavecchia (for Rome), Savona, Genoa, Hamburg, Palma Majorca, Copenhagen and Marseille.

Cruise passengers from Australia (833,000 passengers), Brazil (732,000) and China (727,000) are also on the increase.

The impact of the cruise industry in Europe is helping to “create jobs and growth at a time when both are hard to come by,” according to chairman of CLIA Europe and executive chairman of MSC Cruises Pierfrancesco Vago.

“Figures show that nearly 45 per cent of the industry’s 2013 global output was generated here, making cruising a key contributor to Europe’s economic recovery,” he said.

Source : http://www.telegraph.co.uk

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