| Abstract: |
The Caribbean, the Mediterranean, Northern Europe, Alaska, Trans-Canal, West
USA, Hawaii and South America are the major cruise markets. Europe is an
important destination for cruisers growing its market share on the world map.
In this paper, we try to do a critical analysis of the cruise industry in
order to approach the significance of the cruise sector to the European
economy. More specifically, we will focus on the recent development of cruise
activities in European ports of embarkation, approaching this development from
a quantitative and economic perspective. We will, also, estimate the economic
revenues derived from cruise passengers in the European cities of embarkation.
The paper’s methodology is based on theoretical and empirical data correlated
with the passengers’ revenues. |