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Luxury Cruise Tourism Market – Global Industry Analysis and Forecast (2024-2030)

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Luxury Cruise Ships Market Size & Share, by Cruising Type (Ocean, Luxury, Adventure, River, Expedition); Services (Restaurants, Bars & Pubs, Water Sports, Adventurous Sports, Planetarium, Snow Rooms, Cruise Fares, 4D Movie Theaters, In-suite Spa, Treatment Centers); Booking Mode (Online, Offline) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

• Report ID: 2990
• Published Date: May 30, 2024
• Report Format: PDF, PPT
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Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Luxury Cruise Ships Market size was valued at USD 9 Billion in 2023 and is expected to exceed USD 23 Billion by the end of 2036, expanding at over 8.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of luxury cruise ships is estimated at USD 9.7 Billion.

This boost is anticipated by the slated expansion of new and innovative luxury services such as water coasters, bars & pubs, planetariums, treatment centers, and many more. Such offers along with the planning to start the cruise journey at new destinations, and untapped locations are expected to expand the landscape. According to a report by Forbes, about 45% of cruise travelers were predicted to be first-time cruisers, who expect their destinations to be at the hidden sites.

Luxury Cruise Ships Market: Growth Drivers and Challenges

Growth Drivers

• Growing focus on sustainability- The luxury cruise ship sector is also expected to witness a change in consumer preferences, with an increased focus on sustainability and environmental protection. This is leading to increased investments in eco-friendly and fuel-efficient ships, making luxury cruising more accessible and sustainable. The air pollution emitted by the luxury cruise giant is about 10 times more than all of Europe’s cars.
• Improvement in the environmental impact: Due to the rising focus on sustainability and environmental well-being is at surge, the adoption of new and innovative initiatives to reduce the environmental impact of cruise ships is increasing such as the introduction of more eco-friendly and fuel-efficient ships. Furthermore, this adoption of sustainable practices on board, and the utilization of clean and green energy sources would act as a growth driver for this landscape in the forecasted period. According to a report, Norway, Europe was the highest consumer of renewable resources, which was about 71.63% in 2022.
• Growing adoption of advanced technologies & data : Automation and retail industries are integrating and exploring the usage of advanced technologies such as IoT, machine learning, Artificial Intelligence, computer vision, blockchain, and analytics. The availability of such large data sets and their usage can lucratively increase the efficiency and effectiveness of retail. According to the United Nations, digital technologies are rapidly increasing and have reached more than 50% of the global population.
• Changing demographics: The luxury cruise ship sector is likely to experience positive growth from a changing demographic profile, with an aging population there is an increase in travel and leisure spending. The demand for luxury travel and leisure experiences is expected to rise, driving the growth rate of the luxury cruise ship landscape. According to the United Nations, the world population is projected to surpass 9.7 billion from 7.7 billion by 2050.
• Growing Gen-Z and millennial consumers: the rising demand for luxury travel among millennial and Gen-Z consumers and the aging population is increasing travel and leisure spending, which are expected to further contribute to the luxury cruise ships market growth. Overall, the luxury cruise ship industry is expected to grow significantly in the coming years, driven by several factors, including innovation, the increasing demand for luxury and comfortable travel experiences, and the changing demographic profile. According to a report, Gen Z consists of about 30% of the global population while millennials are about 23% of the global population.
• High cost: The luxury cruise ship sector is characterized by a high cost, both for the passengers and for the overall operation. This can limit the luxury cruise ships market expansion as fewer consumers will be able to afford a luxury cruise experience.
• Competition from other travel options: The luxury cruise ship industry is also facing significant competition from other travel and tourism options, including land-based resorts and all-inclusive package tours. These travel options can provide a comparable or even better experience at a lower cost, limiting the growth of the luxury cruise ships market share.

Luxury Cruise Ships Market: Key Insights

Luxury cruise ships segmentation.

Cruising Type (Ocean, Luxury, Adventure, River, Expedition)

By the end of 2036, ocean cruising segment is anticipated to account for more than 57% luxury cruise ships market share owing to the increase in adventure activity that involves a significant amount of amusement, energy, and equipment for cooking, water supply, and plumbing, among other essential facilities on board. This leads to high consumption of energy and power , posing various environmental concerns.

In addition, according to a report by the Canadian Parks and Wilderness Society, in 2019, the cruisers dumped more than 32 billion litter which is about 8.45 billion gallons of waste in Canadian waters. This increases the surge in the usage of second-hand appliances that are energy and water-efficient, durable, and reliable and can help reduce the environmental impact of ocean cruising, thus facilitating a more sustainable experience.

Services (Restaurants, Water Sports, Bars & Pubs, Adventurous Sports, Snow Rooms, Planetarium, Cruise Fares, Theaters, 4D Movie In-suite Spa, Treatment Centers)

The restaurant segment is estimated to gain a robust market share and is likely to remain the second largest segment in the services of the luxury cruise ships market attributed to the continuously evolving restaurant and culinary space with new and innovative ideas for reducing the waste production and to increase the sustainability. According to a report, more than 79% of customers say that with the increase in technology, there is an increase in convenience.

Booking Mode (Online, Offline)

In luxury cruise ships market, online segment is set to register more than 8.9% growth from 2024 to 2036. The reason behind this impact is projected by the increase in the vacation offers that the travel brokers offer, all while taking care of the budget and comfort of their clients.

Moreover, this also helps the landscape to reach a worldwide audience while expanding its reach using an online booking platform. According to a report, more than 72% of travelers prefer online booking mode for their trip or vacation.

Our in-depth analysis of the luxury cruise ships market includes the following segments:

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Luxury Cruise Ships Industry - Regional Synopsis

North American Market Statistics

North American region in luxury cruise ships market is predicted to account for more than 50% revenue share by the end of 2036. The landscape's substantial growth in the region is expected to be credited to the surge in the number of passengers and tourists on luxury cruise ships. According to the World Travel & Tourism Council, the travel & tourism landscape contributes about 9.1% to the GDP.

According to the Cruise Lines International Association, in the United Stated about 37 million passengers are estimated to travel in luxury cruise ships. This was earlier 31.5 million in 2023, which was 6% more than the passengers that sailed in 2019.

On the occasion of Wave Season, Pearl Seas Cruise along Canada’s coast announced their free airfare along with additional savings from May to early August 2024.

APAC Market Analysis

The Asia Pacific region will also encounter a huge influence on the luxury cruise ships market size expansion during the forecast period with a notable CAGR and will account for the second position attributed to the increasing cruise lines in the region. According to reports, Cruise World Asia 2023, Asia’s cruise industry is expected a positive growth, more than 296 cruise lines and several port leaders, travel agents, and travel experts were gathered at CruiseWorld Asia 2023, mainly for sharing, exchanging, and networking their ideas coupled with other industry colleagues and friends.

MSC Cruises is expected to launch two ships- MSC Splendida and MSC Bellissima into China .

Japan Maritime along with Nihon Shipyard Co., Ltd. was granted Approval in Principle from the Nippon Kaiji Kyokai for the concept of a multi-functional offshore windfarm support vessel.

Companies Dominating the Luxury Cruise Ships Market

Most of the companies are continuously collaborating, expanding, making agreements, and joining ventures for the growth of this revenue share and are estimated to be the major key players in this landscape.

• Company Overview
• Business Strategy
• Key Product Offerings
• Financial Performance
• Key Performance Indicators
• Risk Analysis
• Recent Development
• Regional Presence
• SWOT Analysis 
• Oceania Cruises S. de R.L.
• Viking Ocean Cruises
• Crystal Cruises
• Silversea Cruises
• American Cruise Lines
• Norwegian Cruise Line Holdings Ltd.
• Regent Seven Seas Cruises
• Seabourn Cruise Line Ltd.

In the News

• Oceania Cruise, announced the World Voyage Abroad in their Newest Ship- Vista, for a 180-day world journey across six continents, visiting 43 different countries.
• American Cruise Lines, 14 March 2024, announced their new summer season cruise, which is a part of New England cruises, and is the only coastal itinerary in that region that could visit the U.S. ports of call.

Author Credits:   Saima Khursheed

Frequently Asked Questions (FAQ) Growth Drivers and Challenges -->

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Growth of the Ocean Cruise Line Industry

Worldwide, the ocean cruise industry experienced an annual passenger compound annual growth rate of 5.9% from 1990 to 2024.

While the COVID-19 pandemic brought the ocean passenger cruise industry to a standstill for nearly two years, it also prompted the accelerated retirement of numerous older ships. Simultaneously, new additions to fleets adopted a more modern and environmentally friendly approach. In 2024, passenger numbers are expected to surpass the pre-COVID levels of 2019.

Between 2023 and 2024, a total of 10 new ships, with a combined passenger capacity of 25,450, are set to be added (refer to the tables below). This influx will bring the worldwide ocean cruise passenger capacity to 673,000, spread across 360 ships. These vessels are projected to carry a total of 30.0 million passengers by the end of 2024, representing a 4.2% increase over 2023 and a 9.2% increase over 2019.

Shipbuilding Summary

Sources: Royal Caribbean Cruises, Ltd., Carnival Corporation and plc, NCL Corporation Ltd., Thomson/First Call, Cruise Lines International Association (CLIA) , The Florida-Caribbean Cruise Association (FCCA) , DVB Bank and proprietary Cruise Market Watch Cruise Pulse data.

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• Global cruise shipping industry set to surge to $16.7 billion by...

Global cruise shipping industry set to surge to $16.7 billion by 2031

The global cruise ship industry is projected to grow substantially, reaching an estimated US$16.7 billion by 2031, according to a report from Allied Market Research. The industry is expected to experience an average annual growth rate of 7.9% over the next decade. This growth is driven by several factors, including technological advancements, increased automation, and the ongoing development of new onboard leisure activities and experiences. Additionally, there is a noticeable shift in consumer demand toward luxury cruising.

However, the industry faces challenges that could restrain its growth. Post- COVID , rising inventory and transportation costs, along with supply chain disruptions, remain concerns. Environmental and overtourism issues, particularly in Europe, have led to new regulations limiting cruise ship calls in certain destinations, which could impact the growth of the large mega-ship segment.

Despite these challenges, Allied Market Research indicates that the mainstream cruise ship segment will continue to dominate the market through 2031, having comprised nearly half of the global market in 2021. Similarly, the large ship segment, which represented over half of the market in 2021, is expected to maintain its dominance. The leisure cruise segment, accounting for more than four-fifths of the market, will continue to be a key driver of growth through 2031.

Cruise ship construction remains concentrated in a few European shipyards located in Italy, France, Germany, and Finland, with major shipbuilders including Fincantieri , STX France, and Meyer Werft .

Despite Meyer Werft's financial difficulties, the company is close to securing a state bailout, which would stabilize its operations and secure its US$12 billion order book of cruise projects.

China has also emerged as a new player in cruise ship construction, completing its first large homegrown cruise ship in 2023. A second, larger vessel is currently under construction, following the initial joint venture between Carnival Corporation , China State Shipbuilding Corporation/CSSC and Fincantieri for the Adora brand .

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Luxury Cruise Tourism Market

Luxury Cruise Tourism Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030

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Global Luxury Cruise Tourism Market – Introduction

• Luxury cruising is a lavish form of touring, which includes a long-duration holiday on a cruise ship. Cruises are the pinnacle of luxury tourism. Luxury cruise packages are very expensive and are primarily meant for high net-worth individuals and elite-class citizens. Luxury cruises offer high-quality products and services which include flexible itineraries, a personal butler, larger cabins, and more exotic destinations. The duration of the itinerary may range from 6 months to 12 months. Luxury cruises are extremely popular among newly married couples as their honeymoon destination and business giants etc. Rapid increase in trend of small-ship cruises and usage of small luxury yachts for luxury tourism is also anticipated to expand the luxury cruise tourism market in a significant manner.

Continuous rise in offerings of innovative services, amenities, themes etc. in luxury cruise ships projected to drive the luxury cruise tourism market

• The rising number of innovative services, amenities, themes etc. offered in various luxury cruise ships are projected to drive the luxury cruise tourism market during the forecast period. Companies are offering services such as skydiving simulators, unlimited in-suite spa treatments, thrilling water coasters, and action-packed adventurous activities such as onboard zip lining and rock climbing which is anticipated to attract tourists and projected to increase the percentage of footfalls in the near future. These factors are anticipated to be the major driving factors of the luxury cruise tourism market during the forecast period.

Increase in popularity of luxury cruise tourism in developing countries projected to create immense opportunities for the market

• Rapid increase in popularity of luxury cruise tourism in developing countries is projected to create immense opportunities for all luxury cruise service providers across the globe during the forecast period. Companies are also planning to expand their businesses in developing economies to capture untapped markets of the region. They offer attractive discounts and launch exclusive offers or booking schemes to drive sales of their luxury cruise businesses.

North America and Europe Considered to be the Largest Markets for Luxury Cruise Tourism

• Geographically, the global luxury cruise tourism market can be divided into five regions: North America, Europe , Asia Pacific, Middle East & Africa, and South America
• North America and Europe accounted for major share of the global luxury cruise tourism market in the year 2019. The market in North America and Europe is anticipated to expand at a moderate growth rate during the forecast period due to rapid increase in number of tourists travelling in luxury cruise ships at popular destinations in the U.S., U.K, Canada, Mexico, Caribbean Islands, Germany, France, Italy, and various other countries across North America and Europe.
• The market in Asia Pacific and Middle East & Africa is anticipated to expand at a significant growth rate during the forecast period due to rapid increase in popularity and number of cruise lines in China, Japan, Thailand, Singapore, Australia, and GCC countries etc. These factors are projected to surge the demand for luxury cruise tourism in Asia Pacific and Middle East & Africa.

Key Players Operating in the Luxury Cruise Tourism Market

Prominent luxury cruise travel companies are projected to face healthy competition during the forecast period. Companies such as Royal Caribbean, Azamara, Oceania Cruises S. de R.L., Viking Ocean Cruises, Seabourn, and Norwegian Cruise Line Holdings Ltd. etc. are investing heavily to bring innovative luxury services and amenities on board such as adventurous water coasters etc. Companies are also planning to start cruises at new destinations and untapped locations to expand their business. Some of the key players operating in the global luxury cruise tourism market include:

• Royal Caribbean International
• Oceania Cruises S. de R.L.
• Viking Ocean Cruises
• Crystal Cruises
• Regent Seven Seas Cruises
• Silversea Cruises
• Norwegian Cruise Line Holdings Ltd.
• American Cruise Lines

Global Luxury cruise tourism Market – Research Scope

Global luxury cruise tourism market, by cruise lines.

• Traditional Cruise Lines
• Contemporary/Upscale Cruise Lines
• Mainstream Cruise Lines
• Adventure and Exploration Cruise Lines
• Others (Theme Cruise Lines, Premium Cruise Lines etc.)

Global Luxury Cruise Tourism Market, by Cruising Type

• Ocean Cruises
• River Cruises
• Others (Small-ship Cruises and Luxury Yachts)

Global Luxury Cruise Tourism Market, by Amenities

• Restaurants
• Bars & Pubs
• Water Sports
• Adventurous Sports
• Planetarium
• Cruise Fares
• 4D Movie Theaters
• In-suite Spa Treatment Centers
• Others (Skydiving Simulators etc.)

Global Luxury cruise tourism Market, by Booking Mode

Global luxury cruise tourism market, by region.

• Rest of North America
• Rest of Europe
• Rest of Asia Pacific
• South Africa
• Rest of Middle East & Africa
• Rest of South America

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The 11 Best Luxury Cruise Lines, According to T+L's Experts

These luxury cruise lines offer stunning suites, fine dining, and exceptional itineraries.

Meena Thiruvengadam is a lifelong traveler and veteran journalist who has visited more than 50 countries across six continents. Her writing has appeared in The Wall Street Journal , Departures , TripSavvy , and other publications.

Cruising is back — and you might even say it's better than ever. "Vacations at sea are suddenly one of the biggest things in travel," Travel + Leisure cruise expert Paul Brady reported recently, as summer air travel is looking progressively messier but the cruise industry continues to stabilize post-pandemic. For those looking to plan a cruise, whether it's a last-minute trip for the summer or a 2024 around-the-world cruise, we've narrowed down the best luxury cruise lines to ferry you to some of the world's most mesmerizing destinations in comfort. Here, our favorite luxury cruise lines in the world.

Regent Seven Seas Cruises

When this luxury cruise line says it's all-inclusive, it's not overstating. Everything from shore excursions, Wi-Fi, and laundry to gratuities, top-shelf liquor, and business-class international flights are included with Regent Seven Seas Cruises ' fares. While each luxurious suite features ocean views, nothing beats the view from the epic 4,000-square-foot, two-bedroom Regent Suite, which has two wraparound balconies, three walk-in closets, two Picasso lithographs, and a grand piano.

For the best in-suite views, book a room at the back of the ship, Kelly Cochrane, executive chef of Regent Seven Seas Cruises tells T+L.

Oceania Cruises

Oceania Cruises has just seven ships, but the debut of the brand-new Oceania Vista catapults this cruise line into the luxury division. The cruise line's relatively new Go Local shore excursions for small groups bring travelers to under-the-radar destinations, T+L contributing editor and long-time cruiser Sarah Greaves-Gabbadon reported recently. Her 2022 cruise on Riviera included 70 excursions "from canoeing Croatia’s Cetina River to cooking classes in Athens."

If you've ever dreamed of having your own butler, Silversea is the luxury cruise line for you. In fact, Silversea's butlers take white-glove service to a whole new level — they'll handle your laundry with more care than you do, scour port towns to find your favorite tastes of home, and even help you pack and unpack your suitcase. Further, Silversea's new culinary program, nicknamed S.A.L.T. (for Sea and Land Taste), brings the taste of destinations on board through cooking classes. Of course, there's no need to cook for yourself aboard a Silversea ship, as each one features several restaurants with multi-course menus to whet your appetite every night.

Viking Cruises

Viking Cruises is a river and ocean cruise line that recently added expedition sailings and the Great Lakes trips to its repertoire. "T+L readers rave about the consistency of Viking's vessels and their Scandinavian design," cruise expert Fran Golden reported when Viking once again topped T+L's World's Best Awards last year. Viking came in at No. 1 in T+L's best mid-size ship category and river cruise category. Golden said the WBA Hall of Fame honoree's 50 river "longships" are "light-filled floating boutique hotels."

Laureen Robert / Courtesy of Ponant

French luxury cruise line Ponant aims to make passengers feel as if they're traveling on their own private yachts. Guests enjoy Ladurée macarons, Veuve Clicquot Champagne, and luxurious Hermès bath products on board. Each of the company's ships features an onboard spa with massage cabins and either a Turkish bath or sauna. Ponant's luxurious small ships sail to remote destinations like Antarctica, incorporating once-in-a-lifetime experiences such as eclipse spotting from the edge of the earth. The company also partners with Smithsonian and Disney on certain sailings.

Seabourn cruises to all seven continents, and most recently launched Seabourn Venture , "marking the first time the Carnival Corporation–owned luxury cruise line will offer adventurous sailings on an expedition ship built for extreme environments," Brady reported. (The sibling ship to Venture , Seabourn Pursuit arrives later this year.) The World's Best Award-winning cruise line has all-suite ships and "is known for its onboard service and over-the-top food including complimentary caviar and Thomas Keller steakhouses on ships such as the  Seabourn Ovation, " Brady said.

Windstar Cruises

Windstar Cruises ' luxury small ships call on 150 ports throughout Europe, Central America, the Caribbean, and the South Pacific, and there's no way you'll go hungry on the journey. Exquisite onboard menus have been designed by acclaimed chefs from Michelin-starred restaurants. (You'll have to pay extra for alcohol, but all meals and a Windstar signature onboard barbecue — a feast of whole suckling pig, shrimp brochette, and more — are included.) The cruise line is not only a T+L World's Best Awards Hall of Fame honoree, it has a "long-standing partnership with the James Beard Foundation ," Brady reported, and regularly brings chefs on board for culinary-focused sailings. Yes, chef.

Courtesy of Scenic Luxury Cruises & Tours

Whether it's a river or an ocean you want to cruise, Scenic can take you there in style. The luxury cruise line operates river cruises in Europe and Asia, while ocean cruises on Scenic Eclipse (and the forthcoming Scenic Eclipse II ) can take guests to Antarctica, the Arctic, Australia, South America, and Greenland, among other coveted destinations. On board, you'll find fine dining, expansive spas and fitness facilities, and butler service.

Cunard Line

Jonathan Atkin / Courtesy of Cunard Line

This British luxury cruise line is known for its transatlantic service, which also transports pets between its headquarters in Southampton, England, and New York City. Cunard operates three ships with a fourth in the works, though only the Queen Mary 2 sails the transatlantic route. It's a cruise line that takes formality seriously; white-gloved waiters serve afternoon tea each day at 3:30 p.m. State rooms include 24-hour room service and evening turndown service with chocolates. Don't forget your tux, the gala nights are black tie.

Paul Gauguin Cruises

Roger Paperno / Courtesy of Paul Gauguin Cruises

Paul Gauguin Cruises operates just one ship, but it is exquisite, hosting 330 guests and sailing only in the South Pacific to destinations like Tahiti, Fiji, Tonga, and the Cook Islands. The ship is small enough to access private ports at remote beaches and take travelers well off the beaten path. Named the best small-ship ocean cruise line in T+L's 2022 World's Best Awards, Golden said the line is known for Tahitian-inspired massage techniques in the onboard spa and noted that cruisers particularly love the wonderful staff.

Celebrity Cruises

Steve Dunlop / Courtesy of Celebrity Cruises

Celebrity Cruises ' new Edge Series ships are taking things up a notch. Celebrity's signature Iconic Suites on board the Celebrity Edge and Apex offer panoramic views from above the ship's bridge; each suite boasts more than 2,500 square feet of space, including expansive 690-square-foot terraces, and comes with two bedrooms and two bathrooms. Celebrity Beyond , which debuted in 2022, accommodates 3,260 guests has 32 bars and restaurants, like Le Voyage by chef Daniel Boulud, and two-story villas on board. Beyond 's sibling ship, Ascent , will be delivered later this year.

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Estimated passenger capacity of luxury cruise ships worldwide from 2018 to 2027

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Statistics on " Cruise shipbuilding worldwide "

• Gross tonnage of new cruise ship orders worldwide 2015-2023
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• Gross tonnage of cruise ship deliveries worldwide by region 2023
• Gross tonnage of cruise ships in the global order book by region 2023
• Cruise sector: cost of ships built in Europe 2018-2021, by country of build
• Size of the river cruise ship market worldwide 2018-2027
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• New river cruise capacities in Europe by region 2017-2020
• Number of luxury cruise ships worldwide 2018-2027
• Passenger capacity of expedition cruise ships worldwide 2018-2027
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Other statistics that may interest you Cruise shipbuilding worldwide

• Premium Statistic Gross tonnage of new cruise ship orders worldwide 2015-2023
• Premium Statistic Gross tonnage of new cruise ship orders worldwide by region 2023
• Premium Statistic Gross tonnage of cruise ship deliveries worldwide by region 2023
• Premium Statistic Gross tonnage of cruise ships in the global order book by region 2023
• Premium Statistic Cruise sector: cost of ships built in Europe 2018-2021, by country of build
• Basic Statistic Largest cruise ships worldwide 2024, by gross tonnage
• Premium Statistic Most expensive cruise ships worldwide by building cost 2024
• Premium Statistic Size of the river cruise ship market worldwide 2018-2027
• Premium Statistic River cruise vessels worldwide by region 2018
• Premium Statistic New river cruise vessels in Europe 2010-2021
• Premium Statistic New river cruise capacities in Europe by region 2017-2020
• Premium Statistic Number of luxury cruise ships worldwide 2018-2027
• Premium Statistic Passenger capacity of luxury cruise ships worldwide 2018-2027
• Premium Statistic Passenger capacity of expedition cruise ships worldwide 2018-2027
• Premium Statistic Cruise ships - market share by shipyard 2004-2018
• Premium Statistic Global cruise ship order book by shipyard 2020-2027
• Premium Statistic Revenue of the Italian shipbuilding company Fincantieri Group 2011-2020
• Premium Statistic Meyer Turku Group's net sales 2016-2018
• Premium Statistic Chantiers de l'Atlantique's revenue 2015-2019
• Premium Statistic Genting Hong Kong's shipyard revenue 2017-2019
• Premium Statistic Number of global ocean cruise passengers 2009-2027
• Premium Statistic Average passenger capacity of ocean-going cruise vessels worldwide 2018-2026
• Basic Statistic Expected global passenger cruise capacity in operation by month 2020-2021

Further related statistics

• Premium Statistic Cruise ship deployment capacity in Europe 2003-2016
• Premium Statistic Passenger capacity of ships worldwide
• Premium Statistic Global cruise ship order book 2020-2027
• Premium Statistic Forecast of the global cruise fleet size by region 2020
• Basic Statistic Number of ships in the North American cruise industry from 2007 to 2013
• Premium Statistic Number of Royal Caribbean Cruises ships 2011-2023, by brand
• Basic Statistic Planned vessel additions to the North American cruise industry from 2013 to 2017
• Premium Statistic Number of cruise ships active in Asia 2013-2019, by size category
• Basic Statistic Expected global passenger cruise capacity in operation per day 2020
• Basic Statistic New cruise ships planned worldwide from 2015 to 2017, by passenger capacity
• Premium Statistic Winter cruise calls at leading Mediterranean ports 2015/16
• Premium Statistic Largest ships in the Asian cruise market in 2014 and 2015, by passenger capacity
• Premium Statistic Investment in global cruise ship orders 2018-2021
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The 9 best luxury cruise lines for elegance and exclusivity

Like fine European hotels or the fanciest boutique properties, the ships of the best luxury cruise lines are designed to appeal to people who seek — and can afford — an elegant style of travel.

Champagne flows. You can snack on caviar. Exquisite cuisine is prepared a la minute and accompanied by pours of fine wines. Onboard lounges are wonderfully intimate, with no mass-market anything. When you rest your head, it's on a luxury mattress topped with the finest linens.

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The byword is exclusivity. Perks included in the cruise fare may include beverages, Wi-Fi, fresh flowers, extraordinary pampering and, in some cases, butler service.

The price to get on board could be $1,000 per person, per day. For top suites, it could be much, much more.

Here are our picks for the top nine luxury cruise lines currently operating.

Atlas Ocean Voyages

Catering to adventurous luxury cruise travelers with money to spend, the new cruise line Atlas Ocean Voyages , which debuted in the summer of 2021, offers upscale experiences on small ships that carry just 196 passengers.

World Navigator, World Traveller and World Voyager, the first three of five planned vessels in the fleet, carry their own landing craft, Jet Skis, kayaks and paddleboards, all of which can be used by passengers wishing for some adventure while exploring the world on itineraries that include the Mediterranean, Portugal and the British Isles, as well as more remote locales like the Arctic and Antarctica.

Although the onboard dress code is casual, the ships are anything but, featuring elegant, retro-chic decor and marble floors.

In addition to including Wi-Fi, crew gratuities, alcohol and some shore excursions in its fares, Atlas provides all passengers with emergency medical evacuation insurance to handle unexpected illness or injury in the remote locations its ships sail.

Overall, Atlas has found a way to seamlessly meld swank and leisure, making it one of our favorite luxury cruise lines.

Related: 5 fabulous destinations for luxury cruise fans

Silversea Cruises

Silversea , with a dozen 100- to 728-passenger ships, has some of the most diverse geographic itineraries of any line, bringing guests to destinations around the world, including such remote places as the Arctic and Antarctica.

Now owned by Royal Caribbean Group (the same company that owns Royal Caribbean and Celebrity Cruises ), the luxury cruise line delivers stylish, contemporary luxury — more streamlined than opulent — complemented by pleasantly extreme pampering.

Every Silversea ship passenger stays in a suite with a butler delivering superb service — even on the 100-passenger Silver Origin in the remote Galapagos, where your butler might take extraordinary care to get a spot off your hiking boots. Suite niceties include Bulgari bath products and marble bathrooms with both tubs and showers.

Silversea ships offer a wide choice of dining venues (some with a fee) designed to satisfy many tastes, whether you prefer sushi, foie gras or a great, thin-crust pizza.

Drinks are on the house, including a long list of fine wine pours. S.A.L.T., a new dining and culinary education concept, brings local tastes on board together with experts who share insight into each dish and beverage. The program also features culinary-focused excursions ashore.

Silversea's expedition ships are equipped for polar locales. On sailings in those regions, each passenger receives a free jacket to keep them warm and cozy.

Related: Why Silversea's new Silver Nova is a game-changer

Regent Seven Seas Cruises

Another of our top luxury cruise lines, Regent Seven Seas Cruises is proudly opulent. Floating palaces are its calling card, along with the most inclusive fares of all the luxury lines. Business-class airfare, pre-cruise luxury hotel stays and shore excursions in every port are on the long list of perks.

The goal is knock-you-off-your-feet luxury. If you don't get that point at first, look down at the many yards of Carrara marble under your feet, then gaze up at the Czech crystal chandeliers. Or spot the Picassos and Chagalls among your ship's stunning, mostly Latin-focused art collections.

The six 490- to 750-passenger ships in the Regent fleet get fancier as they get larger. On the three newest, Seven Seas Explorer, Seven Seas Splendor and Seven Seas Grandeur everyone stays in a roomy suite with an oversized balcony and marble bathroom.

The top Regent Suites on these new ships are mansions at sea and come with solariums, private spas with saunas and steam rooms and Steinway pianos in their living rooms. They also have handmade beds that cost up to $200,000 apiece.

Lavishly decked-out restaurants, with cushy bars nearby, include Prime 7, a fan favorite for its classic steakhouse menu, including jumbo lump crab cakes, U.S.D.A. prime-aged beef and Alaskan king crab legs.

Related: 5 secrets to getting a luxury cruise for less

Long considered one of the great luxury lines, if not the greatest, Crystal just resumed operations in 2023 after shutting down during the COVID-19 pandemic. And as we wrote about recently, it's as good as ever .

In the wake of its comeback, Crystal is operating just the two biggest ocean ships from its past: the 606-passenger Crystal Symphony and 740-passenger Crystal Serenity (though it already has plans for an expansion ). Both of the vessels, which globetrot around the world, are all-inclusive and on the glitzy side — perfect for a crowd looking for a throwback. Passengers make appearances walking down grand staircases dressed to the nines, meet for afternoon tea and dance the night away.

Everything operates in the upper-tier way, from the spa and expansive fitness offerings to the restaurants — which include a Nobu eatery.

Those booked in penthouses and higher-category suites receive service from a tuxedo-clad butler who will do everything from unpacking your luggage to helping you set up a private cocktail party. A particular perk is having the butler bring Nobu sushi on a silver tray.

Owned by Carnival Corporation, Seabourn 's top-of-the-line, 264- to 600-passenger ships deliver comfortable, modern luxury that can be as fancy or casual as you like.

If you want to show off your heirloom jewels, go ahead, but on most nights, a jacket is optional in the ship's restaurants. If you prefer not to dress up for formal night, you can still eat well at casual alternatives.

High service is a trademark of this luxury cruise line. Your suite steward will draw you a bath scented with your choice of bath oil. For a snack, order the complimentary caviar.

Dining is over the top at the restaurants, such as the retro-chic steakhouses with menus created by famed chef Thomas Keller (of French Laundry fame). When you tire of prime beef, order lobster thermidor or sink into the delicious comfort of Keller's roast chicken. All dining is included in your fare.

Throughout the ship, complimentary spirits, fine wines and house Champagne flow freely. This leads to easy socializing in the bars and lounges on board.

The line's two newest ships, the 264-passenger Seabourn Venture and Seabourn Pursuit, are built with a tough "polar class" design to operate in the ice-filled waters of the Arctic and Antarctica. They're equipped with state-of-the-art submarines for undersea views.

A 26-person expedition team runs the two dozen Zodiacs that get you up close to glaciers and icebergs.

Paul Gauguin Cruises

Looking to sail through romantic French Polynesia in complete luxury? Look to South Pacific-based Paul Gauguin for an all-inclusive, high-end home base.

The ship is immersed in all things Polynesian, with a troupe of local performers on board to entertain guests with local song, dance and craft lessons.

Couples can embrace the romance of the region by participating in a Polynesian blessing ceremony. Paul Gauguin gives its guests special access to a secluded beach on Bora Bora and a private island off the coast of Taha'a, where you can indulge in water sports, a gourmet barbecue and bar service.

To make the most of the aquamarine waters, complimentary water sports, such as paddleboarding and kayaking, are available straight from the ship's marina and every guest receives snorkel gear for use during the cruise, free of charge.

On board, guests enjoy five-star French and Polynesian cuisine, with all beverages complimentary throughout the ship and in your in-room minifridge.

With 209 crew members on hand to serve 330 passengers, service is top-notch and full of Polynesian hospitality, but all gratuities are already included in your fare.

Not all cabins are suites, but the top suites on the ship come with butler service. Also, should you dare to consider the outside world, you can connect with friends and family back home with complimentary Wi-Fi throughout the ship.

Related: 7 things to do in French Polynesia that don't involve romance or over-water bungalows

Scenic Luxury Cruises & Tours

Scenic Luxury Cruises & Tours puts the elegance into adventure with its two 228-passenger expedition yachts, Scenic Eclipse and Scenic Eclipse II.

Sure, its ships have reinforced hulls capable of breaking through ice, but they also feature chic bars serving 130 different kinds of whiskey (all included in your fare) and high-end onboard spas (treatments cost extra, alas).

For small ships, Scenic's yachts still manage to offer five gourmet dining venues, plus additional private dining options (such as a chef's table or teppanyaki grill), room service and culinary masterclasses in a show kitchen.

Sample candied foie gras, daily risottos or sushi made with fish flown from Japan, all while sailing through remote waters. Wash it down with whatever you like because all but the most premium beverages are included.

After a long day of Zodiac, submersible or helicopter rides (yes, all these high-tech exploration toys are on board), you can retreat to your well-appointed suite, with distinct sleeping and living areas, plus a balcony.

Thoughtful touches include Illy coffee machines, Dyson hair dryers, remote-control adjustable beds, plentiful outlets and USB ports, and umbrellas and binoculars for use on your vacation. Did we mention you also have access to a butler for all your onboard needs?

Scenic's all-inclusive fares include dining and drinks, Wi-Fi, gratuities, airport transfers and shore excursions led by the line's knowledgeable expedition leaders.

Related: I didn't think I'd like my first Arctic expedition cruise; here's what proved me wrong

Oceania Cruises

Sometimes luxury means more space to spread out and multiple onboard options for a truly outstanding meal.

That's the approach upscale cruise line Oceania Cruises takes with its fleet of seven 648- to 1,238-passenger ships (the last of which, Oceania Vista , just debuted in May 2023 and is its most elegant yet).

Foodies will drool over menus overseen by Master Chef Jacques Pepin in all-included venues specializing in French, Italian, Asian and steakhouse cuisine.

Cruisers truly passionate about food and wine will want to splurge on wine-paired dinners at La Reserve by Wine Spectator or enjoy a gourmet, multi-course menu with an intimate group at Privee.

Get hands-on cooking experience with a class in The Culinary Center or explore the food culture ashore with a Culinary Discovery Tour.

Oceania also embraces wellness with its Aquamar Spa and Vitality Center. Treat yourself to a decadent spa treatment or wellness-themed shore excursion, or take care of your body with complimentary fitness classes and plant-based menus at onboard restaurants.

Oceania's fares are not as inclusive as some of the small-ship lines mentioned above, but guests can choose a higher-priced fare that is more inclusive with the line's "simply MORE" promotion. These fares include free airfare and airport transfers, complimentary Wi-Fi and a choice of a select number of free excursions, as well as free specialty dining reservations, Champagne and wine.

Viking does not like to call itself a luxury cruise line, but we'd definitely put it in that category for the inclusive fares, fine dining and smart design of its ocean-going ships.

Its 10 traditional cruise ships are nearly identical, each carrying 930 guests, while two expedition vessels carry 378 guests and combine elegant design with the latest technology in polar exploration.

Viking's fares are inclusive but not all-inclusive, and its ships sport clean Scandinavian design rather than opulent decor. Necessities such as Wi-Fi and self-serve laundry are complimentary, as are all nonalcoholic beverages and beer and wine with lunch and dinner.

Guests can enjoy dining in multiple onboard venues, plus room service, for no extra cost. Don't miss the Italian Manfredi's or a gorgeous afternoon tea spread in the glass-enclosed Wintergarden.

Cabins may not have an overtly opulent feel, but they have all the right touches, including balconies in every room, quiet-closing drawers, heated bathroom floors and plentiful USB ports and outlets.

The destination-focused cruise line adds as many days in port as it can to each itinerary and offers a free shore excursion in every port.

Viking ships have a large presence in Europe, sailing the Mediterranean and in northern Europe, but also explore the world from Alaska and the Caribbean to Asia and Australia.

Related: The 5 best destinations you can visit on a Viking ship

Its expedition ships, Viking Polaris and Viking Octantis, explore Antarctica, as well as the Great Lakes and Canada.

The ships boast several expedition cruising firsts, including a boarding area for excursion craft that's inside the ship (rather than docked outside it) and cabins with floor-to-ceiling glass windows that slide open to let in the fresh air.

Like the ocean ships, they feature Scandinavian design, a glass-walled Explorers' Lounge and signature Viking restaurants Manfredi's and Mamsen's (offering Norwegian specialties).

Planning a cruise? Start with these stories:

• The ultimate guide to picking a cruise line
• The 5 most desirable cabin locations on any cruise ship
• The 8 worst cabin locations on any cruise ship
• A quick guide to the most popular cruise lines
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• 15 best cruise ships for people who never want to grow up
• What to pack for a cruise
• Guide to picking a cruise

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13 of the best luxury cruise lines for 2024

While all ultra-luxury cruise lines have fine dining, superb accommodation and impeccable service, each has its own personality, style and devoted following. here are some of the best.

C ruising doesn’t have to mean enormous floating cities with thousands of passengers — there are plenty of ultra-luxury lines offering adventures on small ships with a much more intimate atmosphere. The best of the best has everything from butler service to helicopter flights, from infinity pools to world class cuisine. Their ships sail everywhere from Antarctica to the Caribbean, often calling in at smaller ports for exclusive excursions. Intrigued? Here are the best luxury cruise lines to book with.

Main photo: the Owner’s Penthouse deck on Scenic Eclipse

1. Oceania Cruises

You’ll enjoy some of the best food at sea on this line. The latest addition to the fleet, the 1,200-passenger Oceania Vista, launched in 2023. It became the seventh ship in the fleet and the first of two new Allura-class vessels, with the second scheduled for delivery in 2025. Created to reflect the glamorousbelle époque era of Paris, the Grand Dining Room, with a ceiling that’s almost two decks high, is a standout feature on Vista. There’s also a dedicated cabin category for solo travellers. Suggestions from officers and crew members helped shape Oceania Vista, so you can expect a ship that is full of practical and aesthetic touches.

2. Silversea

Italian flair is part of Silversea’s appeal, with acres of marble and cool design touches adorning its fleet of elegant ships. In 2023, the line launched Silver Nova, with accommodation for up to 728 guests that includes aft suites with 270-degree views; a sister ship, Silver Ray, is due to sail in summer 2024. Silversea service is highly personal, with a butler for every suite, and there’s a wide choice of fine-dining restaurants. These include SALT (Sea and Land Taste) Kitchen, showcasing regional cuisine from the destinations visited. Fares include all dining (except La Dame, which offers the finest French cuisine), a wide range of spirits and fine wines, crew tips, most gym classes and excursions in every port. Many cruises include flights and transfers too. On expedition cruises, all activities are included.

There’s new cruising royalty on the horizon with the 3,000-passenger Queen Anne. Setting sail in 2024, the latest flagship is the line’s first new vessel in 12 years and will combine Cunard’s trademark art deco heritage with modern design details. The top suites on Cunard’s current trio of elegant Queens (Mary 2, Victoria and Elizabeth), are graded either Princess Grill or Queens Grill, and represent some of the most prestigious accommodation at sea — particularly the duplex suites that resemble smart private apartments. Each Grill class has its own fine-dining restaurant and Grill passengers have a private cocktail lounge. You’ll enjoy all the features of a big ship too, from top-notch guest speakers to grand theatrical productions and glittering black-tie balls.

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Azamara’s four mid-sized luxury ships — most recently joined by Azamara Onward, which shares the same DNA as its fleetmates — offer affordable, destination-focused cruising with plenty of flair. Glamorous White Nights deck parties receive rave reviews, while every cruise includes an AzAmazing evening, a spectacular cultural event ashore. Itineraries focus on late departures, or overnights in port. You’ll be spoiled with its choice of restaurants, including a grill, Prime C, and a romantic Italian, Aqualina. Included are crew tips, most drinks and all dining apart from the two speciality restaurants. Suite guests get extra perks, including speciality dining. And, while most fares include flights and transfers, you’ll pay extra for shore excursions, premium drinks and, unless you’re in one of the top cabins, wi-fi.

5. Seabourn

A fleet of contemporary small ships offering intuitive, all-inclusive service, sumptuous all-suite accommodation and superb dining. Seabourn offers un-stuffy luxury with a vibe that’s more superyacht than luxury cruise ship. The line has some impressive partnerships, not least with the renowned chef Thomas Keller, Sir Tim Rice and the wellness guru Dr Andrew Weil. All dining, including speciality restaurants, crew tips and a comprehensive menu of cocktails and fine wines is included. Some voyages include flights too. You’ll pay extra for premium wines, wi-fi, access to the Retreat (an exclusive alfresco lounge on the top deck) and shore excursions.

6. Uniworld

Specialists in river cruising, Uniworld has cornered the market for extravagant ships that are inspired by their itineraries — and they have vessels all over the world, covering Europe, Asia, Africa and South America. SS La Venezia, for example, decked out in Murano glass and decadent Venetian detailing, sails only northern Italy, including Venice and its islands. On board, everything is included, including a curated selection of excursions. If you want to do your own thing, there are walking sticks and bicycles you can borrow.

7. SeaDream Yacht Club

The service is what sings on this tiny boutique cruise line, which operates just two 112-passenger megayachts that in 2022 underwent bow-to-stern revamps totalling nearly £10 million. All staterooms on SeaDream I and SeaDream II have been completely refurbished, and there are gleaming new teak decks mirroring the centuries-old yachting tradition. Attentive crew cater to guests’ every whim, while the food is exceptional, not least the imaginative vegetarian and vegan dishes. Life onboard is relaxed and informal, with the dress code best described as chic. Every voyage includes a decadent Champagne & Caviar Splash party, either around the pool or in the surf, with free-flowing bubbles. You can swim off the ship too and, for a touch of romance, sleep on deck under a duvet and a canopy of stars. Dining, crew tips and drinks apart from premium wines are included in the price.

Viking’s nine near-identical, adult-only ships carry 930 passengers and embody Scandi chic with their stylish, soothing interiors, gorgeous light-filled lounges and spacious cabins, every one of which has a private veranda. Highlights include an infinity pool on the aft deck, a superb spa with free access to the hydro pool, saunas and steam rooms, and the Wintergarden — a sunlit space with a retractable roof for warm days. Torshavn, an intimate little nightclub, is as fun as any jazz club you’ll find ashore. The package includes all dining, drinks with meals, wi-fi, crew tips, flights and transfers, and an excursion in every port. Bar drinks and optional excursions cost extra.

9. Regent Seven Seas Cruises

Regent’s classy ships have touches reminiscent of grand hotels, with elegant cocktail lounges and imaginatively designed restaurants. The suites on the two newest ships, Seven Seas Explorer and Seven Seas Splendor, are especially covetable, with opulent decor and butler service. Regent is arguably the world’s most luxurious — and most inclusive — of the luxury lines. All dining, most wines and spirits, crew tips, gym classes, wi-fi, excursions, flights and transfers, and even pre and post-cruise hotel stays are included. Spa treatments, premium drinks and some of the optional excursions are all you’ll pay extra for.

Megayacht Scenic Eclipse marked the first foray into the luxury ocean cruise scene for Australian-owned Scenic; the 228-guest sister vessel Scenic Eclipse II followed suit in spring of 2023. Every spacious suite has a balcony and you can expect upmarket interiors reminiscent of a contemporary boutique hotel. Standards don’t slip when it comes to gastronomy, where you can take your pick from Asian fusion, classic French and everything in between. Both ships are designed for polar expedition cruising, but also offer warm-water voyages. Whatever the climate, there’s plenty to keep guests entertained, be it e-bikes or stand-up paddleboarding, a helicopter flight or a dive in the submarine, which both cost extra. Practically everything is included: most drinks, all dining, crew tips, a stocked minibar, flights and transfers, excursions and activities.

11. Explora Journeys

Explora Journeys is the first luxury oceangoing brand from international shipping giant the MSC Group. Explora I, the first of six ships, debuted in 2023, and the rest will follow between 2024 and 2028. The sea-facing cabins — described as homes at sea — have balconies, walk-in wardrobes and heated bathroom floors. Entry level accommodation is larger than average and goes up to a huge Owner’s Residence, complete with a private terrace, hot tub and butler. Restaurants will feature cuisine from around the globe.

12. Swan Hellenic

One for culture hounds, British line Swan Hellenic has itineraries to many adventurous destinations on the cruise circuit, from the polar regions to countries in east Africa and the Indian Ocean. You get to really experience it all, too, as a shore excursion is included for every stop. Its small fleet of three ships has been designed with expeditions in mind, but none of them scrimps on comfort — expect saunas with spectacular views, lounges with cosy fireplaces and cabins furnished with boutique hotel aesthetics.

swanhellenic.com

French-owned Ponant operates a fleet of stylish expedition ships, the smartest of which are arguably the six Ponant Explorers, with clever design features — most notably a multisensory underwater viewing lounge. Every cabin has a balcony and luxurious, tactile finishes in leather and suede. On board you’ll find luxury French brands such as Veuve Clicquot champagne and Hermès bath products, as well as classic French cuisine overseen by the chef Alain Ducasse. The latest addition to the fleet is the icebreaker Le Commandant Charcot, tailor-made for thrilling polar expeditions. Costs cover dining, most drinks, a stocked minibar, wi-fi, crew gratuities and — on expedition cruises — most activities. You’ll pay extra for excursions and, on some voyages, flights.

Additional reporting by Qin Xie

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Cruise Industry News

Home  /  digital reports  / 2022 luxury market report.

2022 Luxury Market Report

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The all new 2022 Luxury Report provides a detailed overview of the strong luxury cruise market, with market projections through 2027. Complete insight into the top end of the cruise business over 120 pages.

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• Independently researched data from 1992 through 2027.
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• Companies profiled: Silversea, Crystal, Viking, Paul Gauguin, Seabourn, Ritz-Carlton, Regent, Hapag-Lloyd, Windstar, Explora, Scenic, Emerald and Ponant.
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• An Excel file is now an added option to this report, based on customer feedback and demand.
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