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Cruise market: Stakeholders and the role of ports and tourist hinterlands

Author

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  • Jeronimo Esteve-Perez

    (Department of Naval Technology, Universidad Politécnica de Cartagena (UPCT), Paseo Alfonso XIII 52, 30203 Cartagena, Spain)

  • Antonio Garcia-Sanchez

    (Department of Economics, Universidad Politécnica de Cartagena (UPCT), C. Real 3, 30201 Cartagena, Spain)

Abstract

The cruise industry has been dynamically advancing over the last decades with an average annual growth rate in the worldwide number of cruise passengers of 7.84 per cent between 1990 and 2013. The Mediterranean Sea is the second cruise destination worldwide. The cruise market is characterized as an oligopoly within the subsector of cruise companies. A similar situation occurs in the Mediterranean homeports, in which a small number of ports account for a high percentage of home in/out passengers. With respect to the port of call segment, there are a large number available in the Mediterranean. The empirical analysis of the determinants of cruise traffic registered by a port is presented in this article, and the Spanish Mediterranean cruise ports are analyzed. To conduct the empirical analysis, principal component methodology and ordinary least-squares regression are used. The explanatory variables are related to the tourist attractiveness, the port infrastructure and port costs. The primary results of the study associate the number of cruise passengers with the attractiveness of the port hinterland, the port infrastructure and the management of port facilities.

Suggested Citation

  • Jeronimo Esteve-Perez & Antonio Garcia-Sanchez, 2015. "Cruise market: Stakeholders and the role of ports and tourist hinterlands," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 17(3), pages 371-388, September.
    • Handle: RePEc:pal:marecl:v:17:y:2015:i:3:p:371-388
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    Cited by:

    1. Guo, Wei-You & Lian, Feng & Guo, Huanxiu & Yang, Zhong-Zhen, 2022. "Design of “Fly-Cruise” products with advanced algorithm: A case study of cruise tours in China," Transport Policy, Elsevier, vol. 121(C), pages 35-45.
    2. Maneerat Kanrak & Yui-yip Lau & Jingen Zhou & Jiawei Ge & Saksuriya Traiyarach, 2023. "Empirical Analysis of the Cruise Shipping Network in Asia," Sustainability, MDPI, vol. 15(3), pages 1-16, January.
    3. Sergi Ros Chaos & Athanasios A. Pallis & Sergi Saurí Marchán & David Pino Roca & Agustín Sánchez-Arcilla Conejo, 2021. "Economies of scale in cruise shipping," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 23(4), pages 674-696, December.
    4. Tsiotas, Dimitrios & Niavis, Spyros & Sdrolias, Labros, 2018. "Operational and geographical dynamics of ports in the topology of cruise networks: The case of Mediterranean," Journal of Transport Geography, Elsevier, vol. 72(C), pages 23-35.

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