Metamorphosis - Cruise Ship Portal
Metamorphosis - Cruise Ship Portal
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%.