"One of the characteristics of the cruise industry is that" - explains Serrano "it promotes the creation of opportunities and wealth generation in a very transversal way, benefiting economic sectors of a very diverse nature and all without losing sight of the fact that social, economic and environmental sustainability is part of its DNA; it is the unwavering pillar on which its strategy rests."
Economic contribution
The study developed by Tourism Economics / Oxford Economics estimates that the industry generated 5,670 million euros.
It also details the weight of the items that form part of direct expenditure:
Type of direct expenditure Millions of euros % of total
Purchases by cruise companies 1,360 52 % of the total.
Spending by tourists 780 30 % of total
Shipbuilding and ship repair 380 15
Crew members' expenditures 70 3
Total 2,590 100 % of total
Likewise, the study concludes that each euro of direct spending generates an additional 1.2 euros in turnover.
Employment generation
Tourism Economics / Oxford Economics concludes that the industry supported the creation of 42,240 direct, indirect and induced jobs, as shown in the following table:
Type of employment Jobs generated % of total
Direct 21,600 51 % of total
Indirect 12,210 29 % Induced
Induced 8,430 20 % Total 42,240
Total 42,240 100 % Total 42,240 100
Meanwhile, the contribution in terms of payrolls and salaries amounted to 1.47 billion euros, broken down as follows:
Type of employment Payrolls and salaries % of total
Direct 690,000 47 % Direct
Indirect 450,000 31 % Indirect
Induced 330,000 22% Total 1,470,000
Total 1,470,000 100 % of total
