The cruise industry already moves US$168.6 billion per year

The cruise industry already moves US8.6 billion per year

Cruise industry generated $168.6 billion in total economic impact globally in 2023which represents an increase of 9% compared to 2019.

This was revealed by the Cruise Lines International Association (CLIA), the leading voice of the cruise industry, which shared highlights from the new 2023 Global Economic Impact Study at the annual CLIA Cruise Forward conference in Miami.

The study revealed the global economic impact highest ever recorded for cruise tourism and reaffirmed that 2023 surpassed 2019 as the reference year for the performance of the cruise industry. The report also confirmed the role of the cruise sector as a strong job creator.

msc.jpeg

The growth in economic activity was accompanied by an increase in jobs supported by the industry. According to the study, The cruise industry contributed 1.6 million additional jobs in 2023 and paid $56.9 billion in wageswhich represents growth compared to 2019 of 37% and 13%, respectively. 77% of these jobs were carried out on land. Cruises also contribute $85.6 billion to global GDP, and their growth exceeds that of the global economy.

These latest figures reflect the constant evolution of the cruise industry, driven by the growing popularity of cruise vacations. Last year 31.7 million passengers sailedwhich meant an increase of 7% compared to the 29.7 million who sailed in 2019.

“The cruise industry is a major contributor to the global economy, generating billions of dollars in economic output and supporting millions of jobs”said Kelly Craigheadpresident and CEO of CLIA. “As demand for cruises continues to grow, our member cruise lines are committed to preserving the integrity, cultural heritage and beauty of treasured destinations so they can be enjoyed by residents and visitors alike,” he added.

cruise.jpeg

The contribution of cruises benefits multiple sectors, including transportation, aviation, food and beverage, accommodation, manufacturing, technology, agriculture, travel agencies and a strong supply chain.

“The industry’s economic impact extends long after a cruise ends, as CLIA research shows that 60% of cruise passengers return to a destination they first visited on a cruise for a longer stay. “Craighead said.

CLIA_ Infographic EIS-2023 World Cup.pdf

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts