Is Coronavirus Affecting Europe’s Cruise Industry? Impact on Global Lines and Economy
The COVID-19 pandemic greatly affected the European cruise industry. Cruise ship calls fell by over 10%. Passenger numbers dropped from 7 million in 2019 to 1.35 million in 2020. Booking cancellations, health threats, and staffing issues led to major revenue losses for cruise companies. Moreover, the crisis impacts the global economy. The cruise sector supports … Read more