NewsNational News

Actions

As cruise industry prepares to sail, choppy waters are ahead

Posted
and last updated

The cruise industry hopes to set sail later this summer. But with images of coronavirus-ravaged ships still fresh in many minds, there could be years of choppy water ahead.

The global cruise industry expected to carry 32 million passengers and take in $71 billion in revenue this year.

That will fall by at least 50% this year, says Euromonitor International, a consulting firm.

Euromonitor expects it to take more than three years for the industry to recover.

Cruise lines stopped sailing in mid-March after several high-profile outbreaks at sea.

They are still developing plans to sail safely again.