External booking data supports plenty of pent-up demand for cruises: the pace of 2022 bookings for all types of cruises is 30% to 35% ahead of where it normally would be at this point in the booking cycle. A regional breakout shows high demand for sailings in Europe and Alaska (bookings up +100%) while Caribbean sailings are flat (+5%).
We’ll be watching demand for the main players in the space as ships leave port to see if any opportunities present.
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