Published Date 12/16/16 12:00 AM
The cruise line industry grew globally at a CAGR of 8% during 2009-15 and raked over USD 39.0 bn of revenue in 2015 (Source: Statistica).
The industry derives over 75% of the revenue from the sale of tickets to passengers, while other sources of revenue include onboard services like a casino, equipment rental, and retail concessions. Onboarding expenses (food, concessions, etc.) are a...