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The cruise industry – its surge , economic significance and profit

Author

Listed:
  • Irina Pescvary

    (Student; Libertas International University, Zagreb, Croatia)

Abstract

The cruise industry is a special type of industry that has become popular worldwide in the last several decades and years. It is an industry that connects sea transport of passengers and tourism in a single entity. This is why it is also called cruising tourism. Since the beginning of sea transport, passengers have journeyed in order to meet their transport needs between two or several harbours. However, in time, and especially since the 1960-s and the emergence of specialised passenger ships, cruisers, the purpose has been to offer rich amenities to ship passengers. The journey has become a purpose in itself, opening new perspectives in numerous fields. The author of the paper analyses the phenomenon, emergence and development of sea cruising, placing the focus on the economic significance of the cruise industry and profits generated by it. She also analyses the wider impact of the cruising tourism on economy that may be direct or indirect, but that is predominantly positive and measured in millions and billions of dollars.

Suggested Citation

  • Irina Pescvary, 2019. "The cruise industry – its surge , economic significance and profit," Acta Economica Et Turistica, Libertas International University, vol. 5(2), pages 185-205, December.
    • Handle: RePEc:awd:acectu:v:5:y:2019:i:2:p:185-205
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