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On Land

Cruise Industry Contribution to U.S. Economy Grew to $55.5 Billion in 2019

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ruise Lines International Association (CLIA) has announced new economic impact data from its annual report on the contributions of the cruise industry to the U.S. economy. The newly released 2019 U.S. Economic Impact Analysis underscores the tremendous growth of the cruise industry and the corresponding growth of the industry’s contributions to the U.S. economy prior to the global health emergency. It also highlights the cruise industry’s economic contributions across multiple sectors, from transportation and aviation, to food and beverage, lodging, manufacturing, agriculture, travel agencies and a robust supply chain that stretches across the United States. In 2019, the cruise industry generated a total of $55.5 billion in economic activity in the United States, a 5.3% increase from 2018. Moreover, growth in economic activity was accompanied by an increase in industry-supported jobs. According to the report, the cruise industry supported 436,600 American jobs paying $24.4 bil16 FOURTH QUARTER 2020 | TRAVEL & CRUISE

…THE SUSPENSION OF CRUISING IN THE U.S. ALONE WILL RESULT IN A LOSS OF MORE THAN $32 BILLION IN ECONOMIC ACTIVITY AND MORE THAN 254,000 AMERICAN JOBS. lion in wages in 2019 – a 3.5% and 5.4% increase from 2018, respectively. The latest figures follow nearly 10 years of continued growth in the cruise industry, fueled by the rising popularity of cruise vacations. Over 13.7 million passengers embarked on cruise ships from U.S. ports in 2019, up nearly 8% from 2018 and 26% from just five years ago. The pre-pandemic data clearly demonstrates that cruising has emerged as one of the fastest-growing sectors of travel and tourism and underscores the

urgency of the work CLIA and its member lines are doing to advance resumption in 2021. While the cruise industry is proud to play an important role in the creation of jobs and economic opportunity for nearly half a million Americans throughout the country, we recognize the devastating impact that COVID-19 has had on our community. Not captured in these numbers are the latest estimates on the economic impact of COVID-19 on the cruise community. From mid-March through the end of this year, it is estimated that the suspension of cruising in the U.S. alone will result in a loss of more than $32 billion in economic activity and more than 254,000 American jobs. All of this serves as a reminder of how many people rely on this industry and make up our wider community, and a resumption of cruising in the United States in 2021 – with stringent measures in place and with the support of health authorities – will be critical to putting people back to work and fueling the greater economic recovery from the pandemic.

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Travel & Cruise 4th Qtr. 2020  

2020 4th quarter edition of Travel & Cruise Magazine. Published quarterly, Travel & Cruise is the official magazine of the FCCA, CLIA, and t...

Travel & Cruise 4th Qtr. 2020  

2020 4th quarter edition of Travel & Cruise Magazine. Published quarterly, Travel & Cruise is the official magazine of the FCCA, CLIA, and t...

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