Cruise market may be “flat” in 2012

Cunard warns of slowdown in cruise industry growth

There will be a slowdown in the cruise market in 2012, one of the prominent industry representatives has warned. Peter Shanks, president and managing director of Cunard Line, told the annual gala dinner of the Passenger Shipping Association, which represents cruise and ferry companies operating in the UK: “There is no question that economic times are extraordinarily hard. We will see a slowdown in 2012; the market will be flat.”
Paradoxically, however, this could have a positive effect. “Fundamentally the cruise market remains extremely confident. Having a breather is no bad thing. It will allow the prices to stabilise,” he said.
TTG Digital
[pictured: “The Most Famous Ocean Liners In The World”, Cunard Line]


Check Also

Cruise firm orders ‘luxury icebreaker’

Norwegian shipbuilder to build cruise ship for Ponant

cruise, ships, Clia, trend, terror, security, Vago

Strong cruise growth forecast in Europe

Association says measures are in place to maximise security

azamara, luxury cruise, Norway, destination immersion, Stay Longer, Experience More, intensive, trends,

“Country intensive” cruise trend

Azamara launches single-country sailings – including Norway

luxury travel, trends, experience, report, childs, service, travel, agent, tourism, wealth, spirit

Luxury travel puts experiences over dollars

New report outlines what luxury travellers want

Alaska, Princess, cruise, Holland America, trend, safe, security, 2017, passengers, tax

Cool cruise trend this year: Alaska

Large numbers of Americans feeling safer than in Europe

Amamagna, ship, design, width, amawaterways, danube, build, boat, river cruise

“Revolution” in river cruise ship design

AmaWaterways’ new ship is twice the width of normal boats