According to CLIA, there are a total of 62 cruise lines operate 474 cruise ships in 2016. To support the industry, more than 20,000 travel agencies and suppliers are partnering with cruise lines which created a total economic impact of nearly US120$billion. In particular, the demand for cruising has increased 68% in the last ten years and made it the fastest growing sector with the hospitality and tourism business.
With reference to the 2016 Cruise Industry Outlook, discuss in details the development of cruise line industry in recent years with the following considerations:
a) Industry outlook ~200 words
b) Major cruise regions ~400 words
c) Market and ship profile ~400 words
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