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Concordia sinks cruise targets

Friday, 14 December 2012

 
 

The fallen vessel continues to impact the industry. Image: Filippo Monteforte/AFP/Getty Images

The fallen vessel continues to impact the industry, according to a new report, which found the Costa Concordia and Euro debt crisis impacted all cruise line revenues by -5.1 percent for 2012 estimates.

The Cruise Market Watch 2013 Cruise Trends Forecast found Carnival Corporation saw the most impact, with actual revenue 9.1 below forecasted, while Royal Caribbean Cruises experienced a 2.5 percent dip. 

Despite the drop in forecasted to actual revenue, passenger numbers climbed in 2013 by 5.6 percent compared, matching forecasted growth.

Meanwhile in 2013, the worldwide cruise market is estimated to grow 4.8 percent on 2012 to $36.2 billion, while cruise passengers carried worldwide are forecasted to climb 3.3 percent over 2012 to 20.9 million.

The top two cruise companies in 2013 will be Carnival Corporation and Royal Caribbean, accounting for up to 71.7 percent of worldwide share of revenue.

2013 will also see the addition of six new ships including; the Royal Princess, Norwegian Breakaway and MSC Preziosa.

Check out our Cruise Guide for more information of cruising and incoming ship.

Source = e-Travel Blackboard: N.J
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