Ships in St. Thomas, USVI

The Caribbean is projected to hit more than 10 million cruise passengers in 2017, according to the 2017-2018 Cruise Industry News Annual Report.

The projection is for 9.6 million passenger on a double occupancy basis, up 6.0 percent from last year, but as the leading cruise brands sail at an average occupancy rate of 106.5 percent and command some 80 percent of the market, the actual number of passengers is expected to be higher - just past 10.0 million.

With few exceptions, the Caribbean market has been on a steady growth track every year - from 2.7 million passengers in 1990.

The biggest jump came in 2014 when 9.1 million passengers saw a 13.0 percent increase over 2013, followed by an adjustment, a drop of 4.0 percent in 2015.

2016 saw a 3.0 percent gain over 2015.

For the past several years, Carnival Cruise Line has been the largest brand in the Caribbean, with a 37.0 percent market share in 2017, followed by Royal Caribbean with 25.2 percent, Norwegian with 9.8 percent, Disney with 5.2 percent, and MSC with 3.7 percent.

The 2017-2018 Cruise Industry News Annual Report tracks all the different sailing regions around the world.

About the Annual Report:

The Cruise Industry News Annual Report is the only book of its kind, presenting the worldwide cruise industry through 2027 in 400 pages.

Statistics are independently researched. See a preview of last year’s edition by clicking here.

The report covers everything from new ships on order to supply-and-demand scenarios from 1987 through 2027+. Plus there is a future outlook, complete growth projections for each cruise line, regional market reports, and detailed ship deployment by region and market, covering all the cruise lines.

Order the 2017-2018 edition today.