The cruise industry is booming despite environmental concerns

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 77%

Business News News

Fuelled by heavy consumer demand and industry innovation, cruising has made a comeback post the Covid-19 fallout.

Cruise ship season is officially underway in British Columbia. The season kicked off with the arrival of Norwegian Bliss on 3 April — the first of 318 ships that are scheduled to dock in Victoria this year. Victoria saw a record 970,000 passengers arrive in 2023, with more expected in 2024.

Cruising has long been criticized for being Janus-faced: on the surface, cruises are convenient, exciting holidays with reputed economic benefits. But lurking underneath are its negative environmental and social impacts. Baby boomers represent less than 25% of cruise clientele. Gen X, Millennials and Gen Z have more interest than ever in cruising, with these younger markets being targeted as the future of cruise passengers.

In doing so, there is a move towards smaller vessels and luxury liners, river cruises and expedition cruising. Leveraging lesser-known ports that can only be accessed via compact luxury ships offers more mission-driven, catered experiences for the eco-minded traveller. Rough seas ahead or smooth sailing? Royal Caribbean said its Icon of the Seas is designed to operate 24% more efficiently than the international standard for new ships. International Maritime Organization regulations must be 30% more energy-efficient than those built in 2014.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks swing after latest selloff as Fed, Middle East dampen sentimentAsian markets fluctuated Wednesday as Federal Reserve boss Jerome Powell's indication that interest rates could stay higher for longer offset a rebound following the latest bout of Middle East-fuelled selling.
Source: brieflyza - 🏆 10. / 68 Read more »