What is the outlook for cruise lines?

What is the outlook for cruise lines? Revenue in the Cruises market is projected to reach US$25.14bn in 2023. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 9.29%, resulting in a projected market volume of US$35.87bn by 2027. In the Cruises market, the number of users is expected to amount to 32.53m users by 2027.

Is Royal Caribbean cruises a buy or sell?

Royal Caribbean's analyst rating consensus is a Strong Buy.

Will cruise ship stocks bounce back?

After gloomy performances during the pandemic, cruise stocks look poised to deliver gains for investors. Battered comps from slow travel make it easier for cruise stocks to achieve triple-digit year-over-year revenue growth. And some cruise companies have already reported that type of growth.

What cruise ship is going to live on 2024?

A new cruise ship start-up setting sail next year will let passengers live onboard for 3.5 years at a time while it circumnavigates the globe. The Villa Vie Residences ship will embark on its first sailing in May 2024, with long-term travellers able to buy a cabin starting from $100,000.

What is the fastest growing cruise company?

MSC Cruises, the world's fastest growing cruise line, has unveiled 150 more itineraries that will set sail during the 2024-2025 winter season.

Has the cruise industry recover?

Cruise bookings this year are projected to come close to 2019 numbers but likely fall short of prepandemic levels until 2024, according to a new report from Phocuswright. The report, the U.S. Cruise Market Report 2022-2026, shows 2023 will be a significant year for the cruise industry's recovery.

Does cruising have a future?

CLIA forecasts passenger numbers will not only meet but exceed pre-pandemic levels by the end of 2023. And according to Cruise Industry News' cruise ship orderbook for ocean-going vessels, nearly 40 new ships are lined up to debut this year alone, with more than 75 vessels on order through 2027.

Are cruise ships going out full?

Most cruise lines are now operating at full capacity, with the age of Covid restrictions in the rear view mirror. But questions remain.

Is there a future for cruise ships?

CLIA forecasts passenger numbers will not only meet but exceed pre-pandemic levels by the end of 2023. And according to Cruise Industry News' cruise ship orderbook for ocean-going vessels, nearly 40 new ships are lined up to debut this year alone, with more than 75 vessels on order through 2027.