Page 23 - 2025 Luxury Market Report

Luxury Market

Market Reports

South America 2026 Capacity South America 2025 Capacity
Ships Capacity Market Ships Capacity Market
Viking Ocean 4 9,156 33.9% Viking Ocean 4 12,324 36.5%
Silversea 2 6,680 24.7% Silversea 5 10,252 30.5%
Regent 3 4,670 17.2% Regent 2 4,990 14.8%
Atlas Ocean 3 1,200 4.4% Hapag-Lloyd 3 1,610 4.8%
Hapag-Lloyd 2 1,150 4.2% Swan Hellenic 1 1,064 3.2%
SOUTH AMERICA Swan Hellenic 1 912 3.4% Windstar 2 904 2.7%
Ponant
1
936
3.5%
3
1,044
3.1%
Windstar
Seabourn
2.4%
1
792
792
2
2.9%
Seabourn
Crystal 1 606 2.2% Scenic 1 456 1.4%
Ponant 2 524 1.9% Atlas Ocean 1 200 0.6%
Scenic 1 456 1.7% Total 23 33,636 100%
Total 22 27,082 100% Change -20.7% -22.4%
Change -4.3% -19.5%
South America 2024 Capacity South America 2023 Capacity
Ships Capacity Market Ships Capacity Market
Viking Ocean 4 15,114 34.9% Viking Ocean 4 14,940 33.9%
Silversea 5 10,844 25.0% Silversea 5 11,150 25.3%
Regent 3 5,020 11.6% Regent 4 6,210 14.1%
Seabourn 3 3,570 8.2% Seabourn 3 3,648 8.3%
Atlas Ocean 3 2,600 6.0% Hapag-Lloyd 4 3,280 7.5%
Ponant 3 1,828 4.2% Ponant 4 2,268 5.2%
Hapag-Lloyd 2 1,380 3.2% Scenic 2 1,368 3.1%
Swan Hellenic 2 1,264 2.9% Ritz-Carlton 1 596 1.4%
Windstar 2 740 1.7% Atlas Ocean 2 400 0.9%
Scenic 1 684 1.6% Swan Hellenic 1 152 0.3%
Emerald Yacht 1 300 0.7% Total 30 44,012 100%
Cruises Change +87.5% +92.3%
Total 29 43,344 100%
Change -3.3% -1.5%

Cruise Industry News: 2025 Luxury Market Report 83