Per the 2018 outlook by Cruise Lines International Association (CLIA), the cruise industry is steadily treading on a growth trajectory, with 27.2 million passengers expected to set sail in 2018. In 2017, approximately 25.8 million passengers cruised compared with 24.7 million in 2016. The upside in demand for cruises is largely backed by a favorable economy, exhibiting increased consumer demand for goods and services.
Carnival or Royal Caribbean: Which is a Better Cruise Stock?
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