2016 Travel & Tourism Outlook

©Splendor / Carnival.com

What crucial trends are driving the industry?

As the cruise industry continues to mature in markets around the world we will continue to see ever larger, more innovative resort style vessels being built. The two key areas that will play a large part in this I believe will be the Far East (China) and the technology.

Why is China so important? There are two important facets within this question because China is not only a source market but it has the ability to play a key role in the cruise ship building arena as well and we’re seeing the country make steps to establish this important market segment already.

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