T HE LATEST addition to the fleet of Carnival, the world’s biggest cruise operator, is the Mardi Gras. This ocean-going playground for 5,300 passeng

Cabin fervour The cruise-ship industry seeks to refloat

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2021-05-27 23:00:01

T HE LATEST addition to the fleet of Carnival, the world’s biggest cruise operator, is the Mardi Gras. This ocean-going playground for 5,300 passengers comes complete with six different zones, including a “French Quarter”, two dozen restaurants and a rollercoaster. It is set to arrive at its base in Florida in early June. That is a year behind schedule—but possibly just in time for a revival of the industry, which has been hit harder than just about any other by the pandemic.

Holidays afloat gave an early hint of covid-19’s damage to international travel. Images of passengers stranded aboard modern-day plague ships prefigured lockdowns on land. Most pundits reckon cross-border tourism will not fully rebound until 2023. Yet cruising may steam ahead before then. “Where else can you go to bed at night and wake up every morning in a different, new, exciting place?” ventures Arnold Donald, Carnival’s boss.

A break at sea is a small niche of the global tourist industry. Of the 800m or so foreign holiday-makers in 2019, only around 30m ascended a gangway. It was, though, growing fast, adding over 10m more sea faring tourists in a decade. And before the pandemic drowned the business in red ink, it was lucrative. The three companies that transport three-quarters of all passengers—Carnival, Royal Caribbean and Norwegian Cruise Line—raked in combined operating profits of $6.6bn on revenues of $38bn in 2019.

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