Group 5 - Cruise Line Industry
Group 5 - Cruise Line Industry
Group 5 - Cruise Line Industry
Department of Management
SUBMITTED BY:
Agustin, Daniela
De Leon, Raylenemarie
Esmerio, Lyka
Ilano, Merlyn
Mallo, Floramae
Tarinting, Lenard
SUBMITTED TO:
Mr. Aldrin M. Roderos
THMC 50 Instructor
CRUISE LINE INDUSTRY
INTRODUCTION:
Over the last decades, the modern cruise industry has responded to
extensive market and consumer research with the presentation of innovative
naval design concepts, new ship lengths, ever more exotic destinations
around the globe, and new on-board and on-shore activities and themes,
developed to offer a vacation alternative that satisfies the expectative of
everyone.
The cruise market is one of the fastest growing segments in the travel
and tourism industry and can make a significant contribution to a destination’s
economy. As cruise lines are increasingly looking for new destinations, cruise
tourism can offer opportunities to Developing countries with harbor facilities
and an interesting hinterland. However, barriers to entrance are high as cruise
tourism requires a lot of investments in accessibility and competition is fierce.
Furthermore, cruise tourism can also bring negative impact on a destination,
for example environmental pollution.
PRODUCT DESCRIPTION:
• Formerly known as “mega” ships until the latest generation hit the
seas, these contemporary vessels feature a variety of restaurants and
entertainment venues, flexible meeting space and the latest in AV
equipment. Many upgraded and premium ships fall into this size
category and boast well-equipped health clubs and spas, specialty
restaurants, and staterooms with verandas. These seagoing resorts
offer 3 to 7-night cruises to the world’s most popular destinations -the
Bahamas, Bermuda, Caribbean, Mexico, Alaska and the
Mediterranean.
Mid-Sized Ships – 300 – 800 sleeping rooms
• Vessels in this size category run the gamut from mega-yachts and river
ships to expedition ships and sailing vessels. They typically offer an
upscale but casual on-board experience for sophisticated
travelers. Due to their intimate size, they offer an immersive experience
in more exotic destinations, and often include overnights in ports. While
they don’t offer the dining variety and entertainment choices of big
ships, they are perfect for building camaraderie through shared
experiences. Ideal for charter – you set the itinerary to suit your needs.
ENVIRONMENTAL ISSUES
What are the biggest issues facing the cruise industry today?
• Geopolitical, terrorism and extreme weather will also continue to
provide challenges. Cruise tourism growth needs to be
environmentally sustainable supported by adequate port infrastructure,
especially with some new ships scheduled to carry over 6,000
passengers and 3,000 crew members.
Lucia Rowe, head of A-ROSA UK
• One of the major challenges for river cruise operators is how to keep
the river concept appealing, as well as making it exciting for new
markets.
Giles Hawke, CEO Cosmos, Avalon Waterway, Archers Holidays
• The biggest issue is the perennial one of encouraging those who are
yet to cruise to take their first step. There are still the common
misconceptions to overcome and our challenge continues to be sharing
the breadth of product offering available, the range of experiences and
the things that can be done on board and ashore.
https://www.cruisetradenews.com/what-are-the-biggest-issues-facing-the-cruise-industry-today/
GEN Z AT SEA
Generation Z is set to become the largest consumer generation by the
year 2020—outpacing even Millennials. This generation like the one before,
prefers experiences over material items and is seeking out travel. The appeal
of multiple destinations and unique experiences, such as music festivals at
sea, is attracting this new category of cruisers.
With the number of female travelers growing, many tourism and travel
companies are creating female-centered itineraries based on interests and
connecting women with other women. Female-centered cruises can create a
female empowerment community at sea while allowing travelers to experience
the world around them, as well as famous feminist landmarks.
GOING SOLO
With more Google searches for “solo travel” and “traveling alone” than
ever before, solo traveling is rising in popularity. Cruising allows for solo travel
without the worry of arranging a ton of details while visiting even the most far-
reaching destinations and connecting with other travelers, forming community
bonds and once-in-a-lifetime experiences.