While capacity is growing by leaps and bounds in Asia and Australia, there are less beds in the Caribbean in 2015 while the Mediterranean and Northern Europe remain relatively flat year-over-year.
The Chinese source market will account for over 1 million passengers for the first time in 2015, and could hold the key for future global cruise industry growth. Australia, as well, continues to grow at a rapid pace compared to mature markets.
South America, another market once thought to be the next frontier, has fallen off dramatically and leveled off in the past two years with MSC being the dominant operator in Brazil.
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