The Quest For Profitable Growth In The Modern Cruise Industry

Author : Stefano Turconi
Publisher : GRIN Verlag
ISBN 13 : 3640812948
Total Pages : 65 pages
Book Rating : 4.43/5 ( download)

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Download or read book The Quest for Profitable Growth in the Modern Cruise Industry written by Stefano Turconi and published by GRIN Verlag. This book was released on 2011-02 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper from the year 2008 in the subject Business economics - Business Management, Corporate Governance, grade: -, London Business School (London Business School / INSEAD), language: English, comment: London Business School / INSEAD, abstract: This report examines the subject of profitable growth in the modern cruise industry by comparing the financial and operating performance and the management practices of the two leading cruise operators, Carnival and Royal Caribbean, over the twelve-year period from 1996 to 2007. During the past 40 years the cruise industry has evolved from a form of mere transoceanic transportation to an alternative vacation at sea. Despite growing at a CAGR of 7.7% since 1980, the penetration rate for the cruise industry is only 17%. In North America alone the cruise industry generated $20.6 billion in 2006. By comparison, the lodging industry in North America generated revenues of $133.4 billion during the same year. The cruise industry remains a relatively young industry. This is proven by the fact that, of the 168 million passengers that have cruised globally since 1990, 72% cruised in the past ten years and 43% in the past five years alone. The cruise industry has continually expanded to meet or boost demand: 40 new ships were built in the 1980s, 80 new ships were built in the 1990s, and 46 new ships are scheduled to enter the global market within the next four years. Even though there are more than 30 brands of cruise lines, only two companies dominate this industry: Carnival Corp & Plc (CCL) and Royal Caribbean Cruises Ltd (RCL). The cruise industry remains highly segmented by product-with a variety of brands targeting a wide array of price points, consumer needs, and itineraries-but by the end of 2007 Carnival and Royal Caribbean alone controlled about two-thirds of the global capacity, with shares of 45% and 21% respectively. Back in 1987, their estimated combined share of global capacity was only 11%. Up until 2000

Author : Bob Dickinson
Publisher : Wiley
ISBN 13 : 9780471749189
Total Pages : 0 pages
Book Rating : 4.84/5 ( download)

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Download or read book Selling the Sea written by Bob Dickinson and published by Wiley. This book was released on 2007-04-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: An insider's view of how the cruising business operates Selling the Sea offers a complete picture of the cruise line industry along with step-by-step coverage of how to effectively market the cruising experience. This updated Second Edition features new coverage of how technology has impacted the industry, new niche markets in cruising, and expanded material on shipbuilding and design. It also includes insightful interviews with today's captains, social directors, food and beverage managers, and cruise line executives who have hands-on experience at the day-to-day workings of a cruise ship.

Author : Alexis Papathanassis, Michael H. Breitner, Ate de Groot
Publisher : Logos Verlag Berlin GmbH
ISBN 13 : 3832536876
Total Pages : 282 pages
Book Rating : 4.79/5 ( download)

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Download or read book Cruise Tourism & Innovation written by Alexis Papathanassis, Michael H. Breitner, Ate de Groot and published by Logos Verlag Berlin GmbH. This book was released on 2014 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation management is arguably essential for the profitability and growth sustainability of the cruise industry; as it is for most areas of business endeavour. Now, more than ever, the cruise sector is faced with significant challenges, including: safety and industry reputation in the aftermath of the Costa Concordia disaster, al larger competitive scope and diminishing profit margins. Given that innovation management can be perceived as a management attitude and cultural habit, fostering inspiration is just as relevant as delivering innovation methodologies and guidelines. On this basis, the aim of this combined conference proceedings is to provide a creativity impulse and to illustrate the breadth and potential of innovation management in the cruise sector. Sources on inspiration include: mobile information and communication technologies, multimedia, and the internet and focus on areas as diverse as safety, aesthetics, culture and professional education.

Author : Alexis Papathanassis
Publisher : Springer Science & Business Media
ISBN 13 : 3834983462
Total Pages : 196 pages
Book Rating : 4.66/5 ( download)

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Download or read book Cruise Sector Growth written by Alexis Papathanassis and published by Springer Science & Business Media. This book was released on 2009-10-21 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite representing a fairly small fraction of global tourism activity, the cruise sector has been experiencing a steady growth rate over the last years. The 1st International Cruise Conference (ICC) and its proceedings documented here face the changes which accompany this process of growth. The corresponding refereed papers are organized under the following themes: New trends and innovations, human resource management, information technology and standardization. The underlying motivation behind this collection of works is to bridge the gap between cruise theory and practice, by providing a ‘living research agenda’ aligned with the cruise sector’s realities and needs.

Author : Christine B.N. Chin
Publisher : Routledge
ISBN 13 : 1351947176
Total Pages : 223 pages
Book Rating : 4.76/5 ( download)

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Download or read book Cruising in the Global Economy written by Christine B.N. Chin and published by Routledge. This book was released on 2016-12-05 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: The business of cruise tourism in recent years has commanded news media attention especially on issues of environmental pollution, passenger safety and worker rights, yet consumer interest in cruise vacations has not been adversely affected by negative publicity and it continues to grow at an average of 8-9% per annum. This unique mode of business focusing on the production and consumption of pleasure at sea and on land offers us an unprecedented opportunity to analyze the manner in which ongoing economic restructuring processes to bring about free markets in goods, services and labour can and does involve both life on land and at sea. This interdisciplinary analysis elicits an examination of states' relationship to the maritime regulatory structure governing ship ownership, management and operations, cruise lines' business strategies, development of port communities to capture cruise-related revenue, changing leisure consumption patterns and meanings, and the employment of foreign migrant workers as seafarers.

Author : Insight Guides
Publisher : Apa Publications (UK) Limited
ISBN 13 : 1839053720
Total Pages : 1159 pages
Book Rating : 4.26/5 ( download)

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Download or read book Insight Guides Cruising & Cruise Ships 2024 (Cruise Guide eBook) written by Insight Guides and published by Apa Publications (UK) Limited. This book was released on 2023-10-01 with total page 1159 pages. Available in PDF, EPUB and Kindle. Book excerpt: Insight Guides Cruising & Cruise Ships 2024 - formerly Berlitz Cruising and Cruise Ships - features enhanced user-friendly design, extra images, new coverage of cruise history and ultimate cruising experiences, new Author's Choice recommendations, along with the expert reviews and ratings readers have trusted for over 35 years. Insight Guides Cruising & Cruise Ships 2024 (formerly Berlitz Cruising and Cruise Ships) is the world's most authoritative and longest-running guide to cruising and cruise ships. Fully updated post-Covid, this iconic, industry-leading bible for millions of cruise-goers and crew members now features larger font for greater readability, and more images, making for a fresher, more user-friendly experience. In addition, Insight Guides Cruising & Cruise Ships 2024 boasts a new section on the history of cruising, along with the author's hugely-anticipated evaluations and scores, with 320 ships reviewed and rated. It also includes new user-oriented features on the Best of Cruising. From exploring fjords and enjoying icy expeditions, to embarking on wildlife voyages and idyllic Caribbean cruises, ten Ultimate Experiences are showcased. This is supplemented by a new Author's Choice section that sees Douglas Ward - the world's foremost authority on cruising and cruise ships - share his rundown of Top Ships and the best cruises for all kinds of travellers, from families and romantics, to solo voyagers and cruise-goers with accessibility needs. Features of Insight Guides Cruising & Cruise Ships 2024 - Douglas Ward is the world's foremost authority on cruising and cruise ships. - Over 400 pages of information, with new sections covering cruise history, ultimate cruising experiences, and Author's Choice recommendations. - Features more full-colour images than ever before, and larger font for greater readability. - 320 ships reviewed and rated. ABOUT THE AUTHOR Regarded as the world's top authority on cruising and cruise ships, Douglas Ward has completed over 6,200 days on ships and riverships on almost 1100 cruises, 158 transatlantic crossings, and countless Panama Canal transits, shipyard visits, ship-naming ceremonies and maiden voyages. Often described as a maritime Sherlock Holmes, Ward's reviews leave no stone unturned, examining everything from the fluffiness of the towels and the quality of china and silverware, to the welcome aboard and disembarkation process. PRAISE FOR BERLITZ CRUISE BOOKS 'No other annual guide charts the growth of the modern cruise industry the way Douglas Ward's authoritative annual Berlitz Cruising and Cruise Ships has done' The Business Travel News 'The author is the most feared critic in the business' The Times, London 'Read before cruising' Daily News, New York 'The serious cruise traveler's Bible' Cruisediva.com 'Legendary' USA Today 'Level of detail and rigorous research are unbelievable' BookPleasures.com 'This is the encyclopedia of cruising' The Times-Picayune, New Orleans

Author : Roger Cartwright
Publisher : Routledge
ISBN 13 : 9780750643849
Total Pages : 303 pages
Book Rating : 4.46/5 ( download)

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Download or read book The Development and Growth of the Cruise Industry written by Roger Cartwright and published by Routledge. This book was released on 1999 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study of the development and growth of the cruise industry. It looks at the product - the various types of cruises, the hardware, the ships - and the motivation of those who buy the product. The authors ask why so much is spent and what the customer actually wants.

Author : Michael Vogel
Publisher : CABI
ISBN 13 : 1845938453
Total Pages : 291 pages
Book Rating : 4.51/5 ( download)

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Download or read book The Business and Management of Ocean Cruises written by Michael Vogel and published by CABI. This book was released on 2012 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: After decades of solid growth, the worldwide ocean cruise sector has become a noticeable economic factor and a significant employer. In the way it combines social, technological and natural systems to form its products, cruise tourism is an increasingly attractive area of study; particularly with regards to the managerial challenges posed by the interaction of these systems. This book brings together industry know-how, managerial experience and academic rigour to cover some of the most important and interesting managerial challenges associated with ocean cruises.

Author : Martha Honey
Publisher : Routledge
ISBN 13 : 0429515294
Total Pages : 194 pages
Book Rating : 4.93/5 ( download)

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Download or read book Cruise Tourism in the Caribbean written by Martha Honey and published by Routledge. This book was released on 2019-06-17 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the lessons learned from half a century of Caribbean cruise tourism; one of the most popular and profitable sectors of the tourism industry. The modern-day cruise industry dates from the 1960s when the three major cruise lines, Carnival, Royal Caribbean, and Norwegian, set up shop in Florida and began selling winter cruises to the Caribbean targeting American retirees. For geopolitical reasons, the US initially excluded cruises to Cuba. This changed in 2016, following the historic Obama-Castro agreement to move towards diplomatic, trade and travel normalization. Cuba quickly became the Caribbean’s fastest growing cruise destination. This book considers the limited economic benefits of cruise tourism, its environmental and social impacts, and the effects of climate change, and "overtourism." Based on this analysis and case studies of key Caribbean and Mediterranean destinations, this book cautions against overdependence on cruise tourism and outlines reforms needed to bring more benefits and equity to Caribbean countries. It will be valuable to professionals, businesses, development agencies, NGOs, and academics interested in a sustainable cruise industry and the economic well-being of Caribbean island nations.

Author :
Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.59/5 ( download)

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Download or read book Analysis of the North American Cruise Industry written by and published by . This book was released on 1980 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: