14 November 2015 - Business View Caribbean
Opening
Lines
Study Reveals $3.16 Billion in Cruise Tourism
Expenditures throughout 35 Caribbean,
Mexican, and Latin American Destinations
during 2014/15 Cruise Year
Today Business Research & Economic Advisors
(BREA) launched its analysis of spending related
to cruise tourism and its impact on destinations’
economies. The triennial study engaged by the
FCCA included a record 35 participating destinations
throughout the Caribbean, Mexico and Central and
South America.
It found that cruise tourism generated $3.16 billion
in direct expenditures, 75,050 jobs and $976 million
in employee wages among participating destina-
tions during the 2014/2015 cruise year and the 23.6
million passengers disembarking ships and visiting
the destinations.
The main driver—average expenditure per passen-
ger—increased to $103.83, 8.25 percent higher than
the 2011/2012 cruise year and accounting for $2.45
billion. Contributing to this increase were passen-
gers spending 30 percent more per passenger on