Posted By Cruise Market Watch / 26th November 2012
Now in its fifth consecutive year, we are proud to release our 2013 cruise market statistics. In that short span of time the industry has robustly managed both a “great recession” and a once in a century ship incident.
MS Ryndam in Cozumel. (Photo credit: Wikipedia)
The Costa Concordia and European sovereign debt crisis impacted all cruise line revenues by about -5.1% from our original 2012 estimate (made two months prior to Concorida in November 2011). The actual revenue versus forecast difference was largest for Carnival Corporation (-9.2%) compared to -2.5% for Royal Caribbean Cruises Ltd. Passengers carried however continued to climb. Compared to our original 2012 forecast of 5.6% growth, actual results were very accurate. Carnival was down just -0.9% while Royal Caribbean was up 0.3% versus original estimates. All-in-all, 2013 looks to rebound strongly from the year prior on all accounts.
Among the 2013 highlights:
- - The worldwide cruise market is estimated at $36.2 billion, up 4.8% from 2012.
- - Cruise passengers carried worldwide in 2013 is forecast at 20.9 million, a 3.3% increase over 2012.
- - The top two cruise companies Carnival Corporation (NYSE: CCL) and Royal Caribbean Cruises Ltd. Co (NYSE: RCL) account for 71.7% of worldwide share of revenue
- - Direct spending by passengers and crew at all cruise ports in the world is estimated at $17.5 billion.
- - The top two ports are Miami, FL for embarkations and Nassau Bahamas as destination.
- - Total worldwide cruise capacity at the end of 2013 will be 438,595 passengers (a 3.0% increase over 2012) and 283 ships.
- - The average per passenger per day is projected to be $200.85, with $152.39 ticket price and $48.47 on board spending (average cruise duration 8.5 days, median duration 7.0 days).
A total of six new ships will be added in 2013 with a gain in passenger capacity of 14,074 (including the 3,600 passenger Royal Princess, the 4,010 passenger Norwegian Breakaway, 2,192-guest AIDAstella and 3,502 berth MSC Preziosa). Looking out further, 13 more new cruise ships will add 39,297 lower births or 8.9% to passenger capacity by the end of 2015 – generating $3.2 billion more in annual revenue for the cruise industry.
By 2017, 23.7 million cruise passengers are expected to be carried worldwide of which 59.1% will originate from North America and 27.4% Europe.
Posted By Cruise Market Watch / 9th August 2012
Johnny Bolin Facebook friended me the other day! Johnny played drums for Mid-western hair metal band Dare Force when I saw them back in 1985 at The Patio in Sioux City Iowa. These days he is drumming for Black Oak Arkansas, which played in this year’s Tommy Bolin Tribute Music Festival alongside Ghost Ship, whose guitarist Rick Moore is the same long time friend from high school with whom I saw Dare Force.
Cover of Tommy Bolin
When telling my sister Chris about this post, she told me she once happened to sit next to Johnny on a flight to L.A. Oddly enough, Chris was on a mission to deliver a guitar to her friend, wife of T.S.O.L. guitarist Ron Emory. I digress, bear with me.
Separately, a recent Google search for guitarist Pat Travers revealed he is appearing on the Rock Legends II cruise. Looking further into the details, the artist line up includes none-other than... yep, Black Oak Arkansas.
Now that got me wondering. What other rock cruises are out there? Below is my list of the top five rock cruises, followed with more six degrees of rock cruise separation.
- Cover of Black Oak Arkansas
|Rock Legends II
- Packed full of acts
- On 10-Jan-13
- Ft. Lauderdale, FL
- Liberty of the Seas from Royal Caribbean
|Foreigner, Paul Rodgers, Creedence Clearwater, Kansas, 38 Special, Marshal Tucker, Blue Oyster Cult and Black Oak Arkansas among others
311 Eighteen (Photo credit: EWatson92)
|311 Caribbean Cruise
||Chillin' The Most
- Yes, departs directly after the 311 Cruise!
- On 6-Mar-13
- Miami, FL
- Norwegian Pearl from Norwegian Cruise Line
Take Your Time (Lynyrd Skynyrd) (Photo credit: Wikipedia)
|Simple Man Cruise
- Possibly the original rock cruise now at ten years and counting. Rumored to have ran out of beer and broken the Carnival Inspiration’s alcohol sales record in 2008.
- On 27-Oct-12
- Miami, FL
- Norwegian Pearl (again!) from Norwegian Cruise Line
|Lynyrd Skynyrd, Doobie Brothers
Shiprocked 2010 (Photo credit: Niki Barr Band Photos)
- Ranks first for best rock cruise name and hardest rocking acts!
- On 27-Nov-12
- Fort Lauderdale, FL
- Poesia of MSC Cruises
|Godsmack, Sevendust, Filter, Fuel, P.O.D, KORN
Ok, so here it goes - our “six” (or more) degrees of rock cruise separation.
First we start with Kid Rock (Chilln’ The Most Cruise)
- - Kid Rock performed the track “The School of Old” by Run-D.M.C.
- - they created the track “Here We Go 2001” that was performed by Sugar Ray
- - they created the track “Stay On” that was performed by Nick Hexum of 311 (311 Caribbean Cruise)
- - that group’s fusion of reggae and rap-metal was created in Omaha, Nebraska
- - that is just 90 miles south of drummer Johnny Bolin’s home town
- - he is playing with Black Oak Arkansas
- - they are playing on Rock Legends II Cruise with .38 Special
- - who has member Larry Junstrom
- - he was a member of Lynyrd Skynyrd (Simple Man Cruise)
- - who has member Michael Cartellone
- - he was a member of Damn Yankees
- - who has member Ted Nugent
- - he created the track “Cat Scratch Fever” which was performed by Godsmack (ShipRocked Cruise)
And so there you have it - the top five rock cruises and the six-or-so degrees of separation between them. Assistance provided by 6 Degrees of Black Sabbath and All Music Guide.
Posted By Cruise Market Watch / 29th November 2011
Among the 2012 highlights:
- ~ The worldwide cruise market is estimated at $34.1 billion
- ~ Cruise passengers carried worldwide in 2012 is estimated at 20.3 million, a 5.6% increase over 2011
- ~ The top two cruise companies Carnival Corporation (NYSE: CCL) and Royal Caribbean Cruises Ltd. Co (NYSE: RCL) account for 73% of worldwide share of revenue
- ~ The 2012 Port PulseTM rankings place Miami Florida as the #1 cruise embarkation port in the world and Nassau Bahamas the #1 port of call
- ~ Direct spending by passengers and crew at all cruise ports in the world is estimated at $15.5 billion
Image via Wikipedia
While cruise lines have grown annual passengers traveled at a compound annual growth rate of 7.4% since 1990 - all the cruise ships in the entire world filled at capacity all year long still only amount to less than ½ of the total number of annual visitors to Las Vegas. Cruise passengers carried worldwide in 2012 is estimated at 20.3 million, an increase of 5.6% over 2011.
On the heals of the several new ships to be added to the market in 2012 (including the 3,690 passenger Carnival Breeze, the 3,013 passenger MSC Divina, 3,012-guest Costa Fascinosca and 2,500 berth Disney Fantasy) eight more new cruise ships will launch by 2015. These ships will generate another $2.3 billion in annual revenue for the cruise industry. By 2015, 22.3 million cruise passengers are expected to be carried worldwide.
This is not only good for the cruise industry (of which two cruise companies dominate - Carnival Corporation (NYSE: CCL) and Royal Caribbean Cruises Ltd. Co (NYSE: RCL) with a combined 73% of worldwide market share) but also for the local economies of ports visited by cruise passengers. Direct spending by passengers and crew at all cruise ports around the world is estimated at $15.5 billion. The 2012 Port PulseTM rankings place Miami, Florida as the #1 embarkation port and Nassau Bahamas the #1 port of call. North America and Europe serve as the source markets for 85.9% of worldwide passengers, but other regions of the world such as Asia are growing significantly.
The new ships continue to bring attention to cruising, creating interest, additional pricing power, economies of scale and bookings of first time cruisers. Average cruise revenue per passenger per day for 2012 is projected to be $240.13.