The Mudcat Café TM
Thread #142686   Message #3296092
Posted By: DMcG
25-Jan-12 - 12:05 PM
Thread Name: BS: Costa Concordia Sinking-2012
Subject: RE: BS: Costa Concordia Sinking-2012
I wonder if this tragedy is affecting bookings for cruises generally?
For a long time I've thought the cruise sector was heading for trouble in a business sense. A new 4,000-passenger ship represents round about a 100,000 passengers per annum expansion of the cruise market, and the rate these ships are being built is probably expanding the market around 1m passengers a year. That's potentially a problem, and anything could burst the bubble, including a simple change of fashion, never mind an accident. When that happens, not only will the cruise lines themselves be affected, but many of the ports of call will get a big shock to their economy. Bergen in Norway, for example, has a population of 230,948 at the last count, but regularly has three or four cruise ships in dock, so may have 12-16,000 tourists. Losing those would be a a big hit, and Norway is hardly a poor country. Some of the small islands in the Carribean, for example, could be badly affected by the loss of tourists.