Set for over $30 billion in revenue and 29 million users in 2024 Over the past four years, the cruise industry has been struggling with the devastating impact of the COVID-19 pandemic, which caused its revenue and the number of users to sink deep below the 2019 levels. However, 2024 could mark the turning point for the market and bring the long-awaited recovery. According to data presented by Stocklytics.com, the cruise industry is set to reach pre-pandemic levels, with over $30 billion in revenue and 29 million users in 2024. From the Worst Performer to the Fastest-Growing Segment in the Tourism Industry Confidence in cruise lines plummeted after COVID-19 hit, turning the cruise market into the worst-hit sector of the tourism industry. Cruise lines worldwide practically d...
Read MoreDay: May 28, 2024
A one-stop travel hub for premium experiences Click to holiday – book hotel stays, packages, and a range of travel activities powered by Expedia Group in one go Cathay continues to build towards its vision of becoming one of the world’s greatest service brands with the refresh of Cathay Holidays, a premium one-stop travel hub with a new booking site powered by Expedia Group that offers customers a seamless way to plan and book their trip with ease. Cathay Director Customer Lifestyle Paul Smitton said: “At Cathay, we are committed to building deep, engaging relationships with our customers by offering them curated travel lifestyle products and experiences throughout their lifetime. We are extremely excited for the launch of our reimagined Cathay Holidays travel hub, which ma...
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