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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 luxury cruise market is niche but very competitive," Patrick Scholes, a lodging and leisure research analyst at Truist Securities, told BI. "Operationally, it's not easy. The risk and ...
In 2018, Royal Caribbean International controlled 19.2% of the worldwide cruise market by passengers and 14.0% by revenue. [1] As of August 2024, the line operates 28 ships; four additional ships are on order and two ships are planned but do not have a launch date.
The average age of a cruise ship in 2024 is 17.5 years. The construction market for cruise ships is dominated by three European companies and one Asian company. Operators of cruise ships are known as cruise lines. Cruise ships are organized much like floating hotels, with a complete hospitality staff in addition to the usual ship's crew.
RCL data by YCharts. Royal Caribbean is looking forward. The company says bookings for 2025 were higher than one year ago for 2024. Also, analysts forecast 19% revenue growth for 2024 before it ...
The Cruise Lines International Association (CLIA) forecasts that nearly 10 million Chinese travelers a year will go on a cruise by 2025. That would be up markedly from a mere 2.5 million in 2017.
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