Page 4 - 2025 Expedition Report
P. 4
EXPEDITION
Market
INTRO
Market Ready to
Charge to
2030
he supply-demand equilibrium is returning to normal,
THE PLAYERS OPERATING Ta number of older ships have exited the market and the
IN THE EXPEDITION CRUISE panic and unintended consequences surrounding Covid, from
MARKET ARE NOTHING air travel costs to supply chain chaos, have quieted down.
SHORT OF BULLISH Supply Factors
Over 30 new expedition ships entered the market over the
HEADING INTO THE last 10 years, as ships were relatively easy to order, well-
REST OF THE DECADE. priced and cruise operators had to respond to their peers that
had new hardware.
10 Cruise Industry News: 2025 Expedition Market Report
