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Norwegian's 18 vessels accommodate between 1,880 to 4,220 travelers. Its next floating resort — the 3,750-guest Norwegian Aqua — is scheduled to launch in 2025 with indulgences like a hybrid ...
While Royal Caribbean's (RCL) profitability initiatives continue to drive margins, Norwegian Cruise (NCLH) faces lower debt amid an industry that is projected to gain in 2019.
According to Cruise Market Watch, in 2024, Carnival and its sub-brands captured 37.3% of the industry's revenue, while Royal Caribbean Group had 23.9% and Norwegian 14.1%.
The first large cruise ships were the Voyager-class from Royal Caribbean Group's Royal Caribbean International (RCI). These ships, which debuted in 1998 at over 137,000 GT, were almost 30,000 GT larger than the next-largest cruise ships, and were some of the first designed to offer amenities unrelated to cruising, such as an ice rink and climbing wall. [1]
As of 2021, the cruise industry was estimated to be around US$ 23.8 billion with 13.9 million passengers per year. The following is a list of the largest cruise lines with over 1,000 passengers per year and their market share by passengers and revenue as of 2021 according to Cruise Market Watch.
The cruise industry continues to focus on cost-saving initiatives and streamline shoreside operations to tide over the pandemic.
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