Cruise Industry Outlook: Leaders’ Debate
With the global cruise order book showing a strong increase in newbuild vessels and an increase in cruise refurbishments, the industry is experiencing a squeeze on capacity at shipyards and outfitters, and an impact on demands for materials. As a niche industry, and one which differs in so many ways from land-based businesses, finding the right staff with the right experience is proving to be business-critical. Our expert panel shared views on the current state of the industry and identified where the opportunities exist.
- State of the industry: what does the newbuild order book look like for the near to medium-term future?
- What are the effects of an increase to newbuilds and concurrent increase in refurbishments?
- How are the shipyards responding to capacity issues?
- How can the cruise ship interiors industry tackle the impacts of limitations of IMO approved materials? What are the challenges for the supply chain?
- Where are the opportunities for new innovative materials?
- What are the challenges around recruiting experience staff? And how can these challenges be turned into opportunity?
- What are the concerns regarding the economy and the cruise ship interiors industry?
- How does land-based design (and therefore skill sets) differ?
- Is the growth in the expedition market sustainable?
Chair and Associate Professor
Florida International University
Cruise Line Consultant
Royal Caribbean Cruises
Senior Director of Interior Design & Architecture
Carnival Cruise Line
Director Interior Design & Operations
Holland America Group, Princess Cruises
Vice President, Vessel Refurbishment
Norwegian Cruise Line
Vice President Newbuilding & Refurbishment