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Study finds cruise tourists spend more money

  • Published by Ozgur Tore

cruise balconyAccording to the latest trends in cruise tourism, behind North America with 59% in 2015, Europe is the second most important source market with a market share of 32%. In recent years cruises have become a boom segment of the travel industry. In 2015, around 22 million cruises were undertaken worldwide, so that compared to the previous year the cruise market grew by around three per cent.

According to a special survey by the World Travel Monitor®, carried out by IPK International and commissioned by ITB Berlin, cruises to European destinations account for 78 per cent of the European market, with Spain being the most popular destination (18 per cent). The Caribbean occupies second place (16 per cent) and is the only destination outside Europe among the top 5 destinations of European cruise tourists. Italy is the third most popular cruise destination among Europeans.

Cruise tourists spend more money

There are many opportunities for tourists to spend extra money while being on a cruise – be it on an excursion, while shopping or enjoying an on-board spa. Even if cruises are said to no longer be as exclusive or expensive as they used to be, spending in this holiday segment is significantly higher than in others. While Europeans on average spent 107 euros per night on all holiday trips in 2015, cruise tourists more than doubled that figure with an average of 218 euros.

When on cruises, Europeans especially enjoy relaxing, sightseeing as well as exploring foreign countries and cultures. Ultimately, it is also important to them to enjoy ’the sea, water and nature’.

Large number of travel agency bookings

At 60 per cent, the internet is also the preferred booking channel of Europeans when it comes to cruises. However, travel agencies continue to account for an above-average number of cruise bookings. On average, 25 per cent of European holidaymakers book via travel agencies, whereas among European cruise tourists this figure is 42 per cent and hence much higher than in any other holiday segment.

High growth of younger travellers

While travelers over 45 years still represent the core cruise market, in recent years the number of younger people going on cruises has risen continuously. Thus, in 2015 around 35 per cent of European cruise tourists were aged under 45.

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