While many industries are suffering with the economic downturn, the Cruise industry of North America seems to be OK with the situation.
The North American Cruise Industry has a track record of continuous growth. It has very good strategies of managing the situations and any kind of economic conditions. And with the advent of recession on global economy, we can still see the Cruise Industry striving to keep its track record.
The Cruise Liners International Association (CLIA) members said that they continue to offer consumers, their incredible services in all price categories of the cruise vacation’s spectrum.
The average annualized growth of the North American cruise industry is estimated to be of 7.4 percent since 1980. The annual passenger volume has increased 79 percent in the past eight years.
The cruise industry is also into contributing a major part to the US economy and the US jobs. The industry has created around 350,000 jobs in 2007 alone.