Jacqui Llyod: Cruise Association CEO on next season's expected downturn after this season's success

Published: April 25, 2024, 7:59 p.m.

The cruise-ship season success is being celebrated, but there's concern next season could hit an iceberg.\xa0

Ships have brought in 350,000 visitors with an estimated value of $540 million.\xa0

However, a 20% decline in port visits is projected for next season as rising costs bite the market.\xa0

Cruise Association Chief Executive Jacqui Lloyd told Andrew Dickens that there are multiple issues at play.\xa0

She says geopolitical reasons don't help, with issues in the Red Sea and the conflict between Russia and Ukraine all contributing.\xa0

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