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Do people go on cruises during a recession?

Cruise remains an especially appealing vacation option during downturns because of its compelling value proposition relative to land-based alternatives. Also, there is pent-up demand for travel globally which is a powerful tailwind.”



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The odds of a cruise ship sinking are extremely low. Only 11 ocean cruise ships have sunk while on a cruise in the last 50 years. Assuming an average of 100 sailings per ship per year, and an average of 150 cruise ships in that time, that is odds of 1 in 68,000.

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Over the past 100 years since the RMS Titanic sank in 1912, only 18 cruise ships and some ocean liners have been publicly known to have sunk. And, over the past 50 years, only four cruise ships have sunk while navigating on a cruise.

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Are cruise ships safe? Let's cut right to the chase: Yes, cruise ships are generally safe as long as you use common sense and remember that vessels are not impervious to accidents, illness or people who just don't know how to behave.

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Yes, cruise ships have brigs, which is the nautical term for a jail on a vessel, including a cruise ship. The term comes from the word brigantine, which is a type of two-masted sailing ship formerly used to house criminals.

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Most cruise lines are now operating at full capacity, with the age of Covid restrictions in the rear view mirror. But questions remain.

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People very rarely disappear on a cruise ship. On average it's around 19 people that go missing each year. This is out of the many millions of cruise ship passengers that travel aboard one of the 314 cruise ships that sail the world's oceans each year.

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Only six of the 230 recorded attacks were against cruise ships. None have resulted in capture. A well-known incident occurred in 2005 when the Seabourn Spirit was fired at in a hijack attempt. The attempt was unsuccessful but is famous largely because of the footage of the event.

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Although smaller than most modern cruise ships, Titanic was a historic 46,328 gross tonnage for its time. In comparison, modern cruise ships have a gross tonnage around 120,000. This is more than 150% heavier than Titanic.

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There were 3,328 guests and 1,159 crew members on board when it crashed, none of whom were injured and all safely disembarked, according to Princess Cruises. The Ruby Princess cruise ship hit Pier 27 while docking Thursday morning, July 6, 2023, in San Francisco.

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The sinking of the Costa Concordia: 10 years later The Italian cruise ship ran aground off the tiny Italian island of Giglio after striking an underground rock and capsizing.

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Cruising in 2023 is mostly back to normal following the pandemic-induced changes implemented across the industry in 2021 and 2022. Pre-cruise testing has been almost entirely abolished, ships are sailing at full capacity, and new ships are being constructed.

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CLIA forecasts passenger numbers will not only meet but exceed pre-pandemic levels by the end of 2023. And according to Cruise Industry News' cruise ship orderbook for ocean-going vessels, nearly 40 new ships are lined up to debut this year alone, with more than 75 vessels on order through 2027.

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The 2023 cruise industry is booming. It has far surpassed 2019 levels, breaking sales records in a furious, post-pandemic comeback. Like most tourism sectors, cruising is reaping the benefits of “revenge travel”— vacationers making up for the time that was lost during the pandemic.

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