with Dave Goodger and Christian Savelli
October 10, 2023
Luxury cruise capacity is set to nearly double by 2028, with the Luxury Segment capacity on track to expand 87% compared to 2019, three times the growth rate for the overall industry. This boom is being fuelled in part by new entrants, ramping up competition for existing operators. However, pricing remains robust as the segment has been underserved, while luxury travel demand remains robust.