Events and Webinars

Webinar

Why the cruise sector will rebound faster than after the Great Recession

with Dave Goodger and Christian Savelli | Online | June 8, 2023

The cruise sector was hit following the Great Recession by continued increases in capacity while travel demand slowed sharply - deep discounting was required at that time to spur demand. We are now seeing an apparent parallel trend as new cruise capacity spiked in 2022, despite travel remaining well below pre-pandemic norms in most destinations. In this webinar we describe the amount of additional new capacity that will be launched in coming years as well as demand expectations and why we believe sector recovery and cruise pricing will differ in this current cycle.