Global Cruise Tourism Industry is a lavish form of traveling that involves an all-inclusive holiday on a cruise ship for a minimum of 48 hours. These ships call for different ports of different cities so that people can enjoy their travel by exploring various cities. A river cruise is a part of this tourism industry which especially is a voyage along inland waterways, it also offers to a stoppage at multiple ports along the way. One of the major benefits of this river cruise is that it is across cities and towns, which enables the river cruise ships frequently to dock in the center of cities and towns. As per it is seen that approximately, River cruises in Europe have seen a 53% year-over-year growth to eastern waterways (the Rhine, Moselle, Danube, Elbe) and a 30% growth to western channels (Soane, Seine, Loire), as well as a 24% growth to the south (Douro, Rhone, Dordogne, Garonne, Po). Thus enhancing the market demand of these river cruises.This growth is primarily driven by The Rising Disposable Income of People Towards Cruising Industry is Driving the Industry and Increase in the Preference to Luxury Lifestyle and Spending over Leisure Travel.
Globally, a noticeable market trend is evident Growing Service Standard in Tourism
. Major Vendors, such as Fincantieri (Italy), Meyer Werft GmbH (Germany), Chantiers del’Atlantique (France), DSME (South Korea), Samsung Heavy Industries (South Korea), NYK Line (Japan), Tauck (United States), Avalon Waterways (United States), AmaWaterways (United States) and Crystal Cruises (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Viking Cruises launching seven new river ships in March 2019 is indicative of the industry’s growth rate and the certainty that it will continue. Regional cuisine, luxurious cabins, cultural enrichment, and exclusive experiences are essential parts of Viking’s offering.
- The Rising Disposable Income of People Towards Cruising Industry is Driving the Industry
- Increase in the Preference to Luxury Lifestyle and Spending over Leisure Travel
- Growing Service Standard in Tourism
- Increasing Adoption of Repositioning Cruising is one of the major Trends
- High-Cost Associated With these River Cruise Ships
- Issue Related to Environmental Concerns
- Folks with Mobility Issues could be Limited
Including the Number of Exciting, fun, and Recreational Activities on the River Cruise has Upsurge this Market and Europe has the Leading Role in the World River Cruise Market with Nearly Half the Total Berths Available which Provides Opportunities in this Market
Lack of Skilled Personnel to Handle and Operate River Cruise and Higher Prices than Some Other Vacations
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