The cruise sector is flourishing for basically two reasons — industry-fostered demand and room to grow — says Carnival Corp CEO Arnold Donald.
"You have to realise that cruise is still a very small industry," he tells TradeWinds. "All the cabins in the world add up to less than 2% of hotel rooms worldwide."
All the cabins in the world add up to less than 2% of hotel rooms worldwide
Room to grow
He says a slightly less number of vacationers visit Venice or Las Vegas each year than all 27 million cruise passengers worldwide.
