Cruise Companies Pursue Different Brand Growth Strategies

Carnival Horizon and Mein Schiff 6

The multi-brand cruise companies will continue to grow their largest and most popular brands, but individual brand growth may surprise, according to the 2019 Cruise Industry News Annual Report.

While Carnival Cruise Line brand will continue to be the dominant brand for Carnival Corporation over the next decade, carrying twice as many passengers as the second-largest brand, Costa Crociere will see the most capacity growth over the same time period, driven partially by its short cruises in China.

AIDA will be third in terms of capacity growth, followed by Princess Cruises.

Altogether the Carnival brands will grow their passenger capacity from an estimated 12 million (double occupancy) in 2019 to some 16 million in 2027, barring any ship withdrawals and deployment changes.

At Royal Caribbean Cruises, the Royal Caribbean brand will also continue to dominate and could be the single largest brand in the world by 2027, growing by an estimated 1.2 million passengers, twice the projected capacity growth for the Carnival brand over the same time period. TUI Cruises, which is 50 per cent owned by Royal Caribbean, will also see significant growth. However, Celebrity, which will see less growth over the same time period, will remain the second-largest brand at Royal Caribbean. The total capacity for the Royal Caribbean brands is forecast to grow to about 9 million.

MSC Cruises will move up to become the third-largest cruise company with the most capacity growth of any brand, from an estimated 2.4 million in 2019 to nearly 5 million by 2027.

Norwegian Cruise Line Holdings moves to fourth place, however, the Norwegian Cruise Line brand will see the second largest passenger capacity increase. Total capacity for the three Norwegian brands is estimated at 3.7 million in the nine-year forecast.

Genting will also see significant relative growth and remains the fifth largest cruise operator.

How to Create an Off-The-Beaten-Path Experience on a Cruise

Cuba, cruise ship, classic car tour
PHOTO: A classic car drives past the Norwegian Sky in Havana, Cuba (photo by Lauren Bowman)

Carnival Corporation to Operate Santa Cruz de Tenerife Cruise Terminal in Canary Islands

Tenerife

Carnival Corporation today announced an agreement with the Port Authority of Santa Cruz de Tenerife following a Board of Directors meeting presided by Pedro Suárez López de Vergara to be the first concession-holder to operate the Canary Islands’ and Mid Atlantic’s newest cruise terminal.

The terminal can accommodate “green” ships powered by liquefied natural gas (LNG) and will welcome AIDAnova, from the corporation’s Germany-based AIDA Cruises brand, on its maiden voyage in December, Carnival said.

Welcoming 617,987 cruise passengers in 2017, Santa Cruz de Tenerife is one of the busiest cruise ports in the Canary Islands, the seven-island Spanish archipelago off the coast of Africa and Spain.

Carnival Corporation also manages two other cruise terminals in Spain – the Helix and Palacruceros facilities in Barcelona.

Seven brands from Carnival Corporation – AIDA Cruises, Costa Cruises, Cunard, Holland America Line, Princess Cruises, Seabourn and P&O Cruises UK – make port calls to Tenerife during the course of the year. Carnival Corporation expects to bring more than 300,000 passenger visits to the port in 2018 – half of all cruise passenger visits – with 130 calls by 31 different ships from the company’s cruise line brands.

“Carnival Corporation has long been a valued partner with the Port of Santa Cruz de Tenerife and the Canary Islands, and we are confident that they will be a wonderful steward of our recently built cruise port,” said Pedro Suárez López de Vergara, president of the Port Authority of Santa Cruz de Tenerife. “Thanks in large part to Carnival Corporationships, the cruise market generated an economic impact to the Port of Santa Cruz de Tenerife and the city of Santa Cruz of €24 million ($27.1 million) in the 2018 cruise season, an increase of €6m from the 2017 cruise season, and we look forward to continuing to share our beautiful island with visiting cruise passengers coming through this cruise terminal.”

The Port Authority of Santa Cruz de Tenerife celebrates this long-term agreement with the aim of extending the benefits to its other ports – Santa Cruz de La Palma, San Sebastián de La Gomera, La Estaca in El Hierro and Los Cristianos in Tenerife.

“This concession and our ongoing investment is part of Carnival Corporation’s long-term strategy to continue to develop the cruise industry in the Canary Islands,” said Giora Israel, senior vice president of global port and destination development for Carnival Corporation. “Our passion is to always provide the best possible experiences for our guests, and Tenerife is an extremely popular destination that offers something for everyone – including a storied history, beautiful beaches, exotic gardens, unique crafts and memorable cuisine. We look forward to ensuring that our cruise guests coming through the Port of Santa Cruz de Tenerife have a great experience, and we also look forward to expanding relationships with our friends in Tenerife.”

Santa Cruz Terminal joins eight global ports and terminals already operated by Carnival Corporation and its cruise line brands, including:

Barcelona (Helix & Palacruceros terminals) in Spain
Savona in Italy
Amber Cove in the Dominican Republic
Puerta Maya in Cozumel, Mexico
Grand Turk Cruise Center in the Turks and Caicos Islands
Mahogany Bay in Roatan, Honduras
Long Beach in California