Posted 9/7/2023, 11:00:00 AM
Cruise Industry Rebounds After Pandemic but Faces Choppy Seas Ahead with Inflation and Recession Fears
- Cruise travel has made a strong comeback after the pandemic but faces economic challenges
- Inflation and economic uncertainty may reduce consumer demand for cruises
- Cruise lines saw a surge in bookings as COVID-19 restrictions lifted
- Rising prices and recession fears could dampen future cruise bookings
- The cruise industry's outlook depends on consumers' discretionary income and economic conditions