25 Jun 2010
The fad these days is to have ships go to Europe to appease the large demand for cruise ships there but the future may lay in China, according to a report by the Shanghai International Port Group. In fact, double-digit growth is expected over the next few years.
Right now, 232 passenger liners serve China, which is an 87 percent rise from last year and it looks like Royal Caribbean is paying attention. Michael Bayley, senior vice president of Royal Caribbean Cruises, had this to say,
"China has a potential of around 40 million cruise guests annually if the market penetration reached the level of US and Europe"
