The number of cruise passengers from China surged 91% in 2016 to a record high of more than 2.12 million. Yet the industry has to grapple with issues of deteriorating experience and homogenized itineraries.
China is projected to become the world’s most important cruise market with 10 million cruise passengers in 2030 in the “2016 China Cruise Industry Development Report”.
Ctrip projects that the capacity of China’s cruise ports will grow more than 80% next year in its “2016 China Cruise Industry Trend Forecast” report.
China Cruise and Yacht Industry Association estimates that a total of 613 cruises will sail from China this year, up 31.5%.
China’s first specialist vertical online platform for cruise services YLLY.com announced that it received an A Series financing from Sunflower Capital.
Carnival Corp is teaming up with two Chinese state-owned enterprises (SOEs) to set up a joint venture worth 2.6 billion pounds.
China’s cruise industry is booming and global cruise giants like Carnival Corp about upcoming strategic deployments in the China.
Shanghai overtook New York to become the eight busiest cruise port in the world, with 240 cruises using Shanghai as home port in 2014, a growth of 42.9% y-o-y.