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New international cruise stats for 2024 predict massive record breaking year


The Cruise Lines International Association has released its statistics forecast for 2024, and it makes for very good reading for the cruise industry.

It forecases a record-breaking 35.7 million people will go on a cruise this year, that’s a 6% increase from 31.5 million in 2023, surpassing pre-COVID-19 booking levels.

The stats have been presented by PhotoAiD and can be viewed in full here.

The headline stats:

  • The global cruise market is expected to expand by 9.29% from 2023 to 2027, reaching $35.87B in 2027.
  • In 2024, the worldwide cruise sector will produce US$30.11B in revenue.
  • A cruise ship earns an estimated net profit of US$291 per passenger.
  • On average, a cruise ship can host around 3,000 passengers.
  • The typical age of a cruise tourist is 46.5.
  • Virgin Voyages was the highest-rated large-ship cruise operator in Condé Nast Traveler’s June 2023 survey, scoring 94.07.
  • Of those who have cruised, 85% plan to cruise again
  • Cruise vacations are gaining popularity among Millennials and Gen Xers, with 73% of those who haven’t cruised yet open to considering it

The data also revealed that a cruise ship earns an estimated net profit of US$291 per passenger.

Consequently, a fully booked 7-day trip on Royal Caribbean’s Symphony of the Seas could generate US$9.8M in revenue, with profits of US$1.7M.

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Published: 2 February 2024

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