Cruise Ship Wars | Smooth Sailing | 5

Business Wars

Wondery

History, Business, David Brown, Management

4.6 • 13.2K Ratings

🗓️ 31 July 2024

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

The seas were especially rough for the cruise line industry during the Covid-19 pandemic. There was a time when people thought cruising might never come back… but not Dan Kline. He’s the founder of the publication Come Cruise With Me, and was one of the first people to set sail when cruises reopened. Dan joins David to talk about how the industry stayed afloat and adapted during the pandemic, and its miraculous comeback in the years since. He also shares what’s next in the world of cruising, and why this type of vacation is so addicting!

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Transcript

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0:00.0	Wundery Plus subscribers can binge new seasons of Business Wars, ad free right now.
0:06.0	Join Wundery Plus in the Wundery app or on Apple Podcasts. I'm David Brown and this is Business Wars. The For years the top three cruise lines, Carnival, Royal Caribbean, and Norwegian,
0:44.5	battle it out for supremacy on the high seas. But those fights were ripples in a
0:49.1	pond compared to the tsunami that hit the entire industry in 2020.
0:53.0	Forced by the government to shut down during the first COVID wave, the cruise lines lost billions of
0:58.5	dollars in tens of thousands of jobs.
1:00.8	Well, sailing resumed in the summer of 2021 and of Project nearly 29 million passengers will cruise this year.
1:14.0	That's a number they haven't seen since before the pandemic.
1:17.0	They're also on track to generate more than $30 billion in revenue,
1:21.0	positioning cruise lines as the fastest growing segment of the tourism market.
1:26.6	So how was the industry able to pull off such a remarkable comeback?
1:31.6	Helping us answer that question, Dan Klein. He's the founder and
1:34.3	executive editor of Come Cruise with me, an online publication from the
1:38.4	Arena Group that launched in June. There, Dan covers everything from the best dining packages on board to the industry's next big move.
1:46.7	Dan has been writing about cruise lines for nearly a decade and he's setting sail with us
1:50.9	to explore why cruising has become so popular. So drop your anchors and stick around
1:56.7	because all that's coming up.
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	...

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