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Metamorphosis - Cruise Ship Portal

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Market intelligence > Future growth<br />

Fast<br />

forward<br />

Having weathered the worst of the economic storms of the last<br />

18 months, the cruise industry is focusing on growth and new<br />

opportunities. Orla O’Sullivan talks to CLIA’s Terry Dale and<br />

Richard Sasso about the positive outlook for 2010.<br />

For cruise operators, 2009 was a<br />

challenging year, although they<br />

fared better than most by keeping<br />

ships full, costs low, and finding new<br />

market niches. <strong>Ship</strong> and passenger<br />

numbers grew, albeit with operators<br />

forced to lower fares to attract cashstrapped<br />

consumers.<br />

10<br />

As Terry Dale, president and chief<br />

executive officer of the <strong>Cruise</strong> Lines Industry<br />

Association (CLIA) notes, cruise customers<br />

are starting to book earlier than ever, which<br />

should allow operators to hold firm on 2010<br />

prices, while reaping the benefits of cost<br />

savings put in place last year. “2009 provided<br />

us with the shortest booking window ever,”<br />

World <strong>Cruise</strong> Industry Review | www.worldcruiseindustryreview.com<br />

Cunard Line’s upcoming Queen<br />

Elizabeth is the operator’s third<br />

new ship in six years.<br />

he says. “A year ago, 39% of passengers were<br />

booking less than four months out.”<br />

North America accounts for roughly threequarters<br />

of the global shipping industry. Here,<br />

the cruise industry more than held its own<br />

during the worst of the downturn. Indeed,<br />

11% of travel agents polled by CLIA expect<br />

this year to be the best ever for the global<br />

cruise business, as cruising continues to rank<br />

number one on many counts, including<br />

perceived value for money.<br />

A more representative 75% of respondents<br />

to CLIA’s annual agent survey expect cruise<br />

sales to increase this year, typically by 15%.

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