Cruise tourism generates $4.27 billion in the Caribbean and Latin America
30-10-24
Cruise tourism has reached a record $4.27 billion in revenue for the Caribbean and Latin America over the past year, surpassing the pre-pandemic all-time high of 2018 by more than 25%. This breakthrough was detailed in a study by the Florida-Caribbean Cruise Association (FCCA), which analyzed the economic impact on 33 destinations.
The study reveals that the cruise sector supports more than 94,000 jobs in the region, with wages totaling $1.27 billion. On average, each destination received $29.3 million in direct spending by cruise lines, totaling $968.3 million.
Passenger visits reached 29.4 million, with an average expenditure of $104.36, generating revenues of $3.07 billion. In addition, 3.9 million crew visits were recorded, with an average expenditure of $58.78, adding $229.5 million to the total.