Why Cruise Lines Are Suddenly Building More Ships
Why are cruise lines suddenly building so many new ships? Royal Caribbean, Carnival, MSC, Norwegian Cruise Line, Disney Cruise Line and other major operators are investing billions of dollars into new cruise ships. At first, it looks like a simple response to the huge recovery in cruise travel. But there is much more happening behind the scenes. New cruise ships are not just replacements for older vessels. They are massive revenue platforms designed around thousands of passengers, more restaurants, entertainment, premium experiences, internet packages, drinks, excursions and other onboard spending. So why are cruise lines willing to place billion-dollar bets on ships that may not enter service for several years? This documentary looks at the real reasons behind the new cruise ship building boom, from recovering passenger demand and fleet replacement to competition between cruise companies, shipyard capacity, onboard revenue and the industry's biggest bet yet: the future cruise passenger. And there is one important question behind all of this: What happens if cruise lines build more capacity than future passengers can fill? From the world's newest mega-ships to the shipyards building them, this is the story of why the cruise industry is expanding its fleets again. If this video is meeting expectations, consider subscribing to Me-Ocean for more documentaries about cruise ships, the cruise industry, ship technology, hidden business decisions and the stories behind the world's biggest vessels. #CruiseShips #CruiseIndustry #NewCruiseShips