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Cruise Industry Essay

709 Words3 Pages

The cruise industry is playing a significant role with respect to the tourism industry of a country. Countries such as Germany, France, and Australia have a demanding cruise industry where as tourists visit such countries specifically to enjoy the cruise voyages. Lately the cruise industry has been going through substantial changes starting from the days of intercontinental transportation, which is basically focusing of tropical vacations that is only vacant to the field of society’s elite. It is quite clear that the affordability of cruising matters when it comes from the tourists’ point of view. So currently the cruise industry has bought forward many cruises such as Harmony of the seas, Independence of the seas, Queen Mary 2, Norwegian Joy …show more content…

Also it is said to be the world’s largest travel leisure company that is commonly known in the industry, that they own over 100 vessels over 10 cruise line brands. Carnival Corporation and Carnival plc forms Carnival, which is a dual listed company. Also Carnival is the one and only cruise Line Company in the world that is listed on two indices of FTSE 100 and S&P 500. The headquarters of Carnival Corporation is located in Miami, in America and also consisting of regional offices in Germany, Australia and Italy. The revenue as of 2016 earned by Carnival Corporation was totaled to $16.4 billion. Carnival Corporation has employed over 120,000 and more importantly has attracted nearly 11.5 million guests yearly. Some of the brands owned by Carnival Corporation would be P&O cruises, AIDA cruises, Carnival cruise line, Costa cruises, Princess Cruises and many more (Carnival corporation and PLC, …show more content…

The company was growing massively during the 1970s and 1980s and today the company is well developed. Today Carnival group is consisting of 10 brands. And it is operating with over 100 ships. The 10th brand, that is the fathom was announced in 2015 and commenced its operations in

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