New Age Tourism Product: The Cruise Industry - The Fastest Growing Tourism Sector

Abstract

Cruise Industry, with an annual turnover of more than 500 billion US dollars is considered to the fastest growing sector of the tourism industry. Although cruises worldwide constitute only 2% of the tourism numbers, still this sector is considered to be the one with maximum upward potential.  Over the years this sector has shown a steady gowth even duing the time of crisis, like the bombing of the twin towers or SARS scare.  Instead during eah crisis situation, the cruise industry has redifined and repositioned itself among vacationers.