Munich Personal RePEc Archive

Recent Evolution of Cruise Activities in European Ports of Embarkation: a Quantitative and Economic Approach

Papadopoulou, Georgia and Sambracos, Evangelos (2014): Recent Evolution of Cruise Activities in European Ports of Embarkation: a Quantitative and Economic Approach. Published in: Archives of Economic History , Vol. 1, No. XXVI (June 2014): pp. 7-26.

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Abstract

The Caribbean, the Mediterranean, Northern Europe, Alaska, Trans-Canal, West USA, Hawaii and South America are the major cruise markets. Europe is an important destination for cruisers growing its market share on the world map. In this paper, we try to do a critical analysis of the cruise industry in order to approach the significance of the cruise sector to the European economy. More specifically, we will focus on the recent development of cruise activities in European ports of embarkation, approaching this development from a quantitative and economic perspective. We will, also, estimate the economic revenues derived from cruise passengers in the European cities of embarkation. The paper’s methodology is based on theoretical and empirical data correlated with the passengers’ revenues.

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