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The European cruise sector market is growing at a rapid pace, in tandem with a similar growth worldwide. There has been a 26% rise in cruise passengers between the years 2010 and 2017 for Europe alone and a 33% worldwide during a similar time period. According to business intelligence provided by CLIA France, a total of 40 cruise lines are based in Europe with a fleet capacity of 137 ships between them. Europe is a dynamic hub for this industry. It is also the second largest after the Caribbean. German and British companies tend to dominate the cruise industry, but France is another important country. The shutdown of a major carrier in France in 2016 created ripples, but the outlook is improving thanks to the addition of new ships to the continent. Construction and rise in the wages of the workers is leading to increased costs fort the industry players. The positive outlook is reflected in the generation of 43,00 new tourism jobs in Europe.

Source:https://www.tourism-review.com/european-cruise-sector-is-growing-news10735

Uploaded Date:28 December 2018

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