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Publication Title | Cruise Industry Overview - 2015

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2014

Cruise Industry Overview - 2015

State of the Cruise Industry

Another record was broken in 2014, with 22.1 million passengers cruising globally—a four percent increase over 2013’s previous high of 21.3 million—and about 12 million sourced from North America. Coupled with an annual occupancy percentage again exceeding 100 percent, this passenger growth shows sustained consumer interest in cruising and an industry where demand continues to outstrip supply. Building onto the 18 percent cruise ship capacity growth from 2009 to 2013, cruise lines released an additional 15 innovative, feature-rich ships in 2014, but they also enhanced demand by establishing and increasing their presence in international ports-of-call.

2015

This year is poised to reach new heights and break more records, with a forecast of 23 million sailing the oceans

on FCCA and/or CLIA Member Lines—a four percent increase over 2014. Driven by 22 new ships (6 ocean-going vessels and 16 riverboats) representing 20,000 new beds and an investment of more than $4 billion slated for 2015, the record passengers will have the world as their gangway, with nearly 1,000 ports around the globe and expansion in regions including the Mediterranean, Asia and Australia.

Despite this global growth, the Caribbean continues to headline the industry’s success. It again ranks as the dominant cruise destination, accounting for more than a third (35.5 percent) of the global deployment capacity market share.

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