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As cruise industry prepares to sail, choppy waters are ahead

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Posted at 4:05 PM, Jun 09, 2020
and last updated 2020-06-09 16:05:35-04

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.