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Largest Cruise Company in the World!


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Numbers, statistics and metrics can all be spun to support just about any assertion.  So the question is, what is the best metric to judge the the largest cruise company in the world?  Number of ships, capacity, passenger cruise days, gross revenues... I'm sure there are many others that people could argue.  One of the more important that I would argue is market capitalization (current market value of a company calculated by multiplying the number of outstanding shares by the market price). 

Today Royal Caribbean has a market cap of $13.58B versus Carnival at $13.48B, by that standard, Royal Caribbean is now the Largest Cruise Company in the World!  Given the current situation, it's not much of a celebratory time but it is a major milestone which hopefully continues after life gets back to normal!

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On 8/26/2020 at 2:04 PM, Jjohnb said:

Numbers, statistics and metrics can all be spun to support just about any assertion.  So the question is, what is the best metric to judge the the largest cruise company in the world?  Number of ships, capacity, passenger cruise days, gross revenues... I'm sure there are many others that people could argue.  One of the more important that I would argue is market capitalization (current market value of a company calculated by multiplying the number of outstanding shares by the market price). 

Today Royal Caribbean has a market cap of $13.58B versus Carnival at $13.48B, by that standard, Royal Caribbean is now the Largest Cruise Company in the World!  Given the current situation, it's not much of a celebratory time but it is a major milestone which hopefully continues after life gets back to normal!

List of largest cruise lines

The cruise industry is estimated to be around US$45.6 billion with around 26 million passengers annually. The following is a list of the largest cruise lines with over 1,000 passengers annually and their market share by passengers and revenue as of 2018 according to Cruise Market Watch. The list also includes the combined market share of each of the cruise line holding companies: Carnival Corporation & plc, Royal Caribbean Cruises Ltd., Norwegian Cruise Line Holdings, and Genting Hong Kong.[6]

Legend:

  • Bold: Major cruise company
  • Italic: Not owned by a major cruise company
 
Cruise line Parent company Passengers
(thousands)[6]
Revenue
(US$ millions)[6]
Passengers % Revenue %
Carnival Corporation & plc 12,302.30 18,305.16 47.4% 39.4%
Carnival Cruise Line Carnival Corporation & plc 5,716.5 4,166.89 22% 8.9%
Princess Cruises Carnival Corporation & plc 1,667.5 4,228.85 6.4% 9.1%
Costa Cruises Carnival Corporation & plc 1,560.6 2,235.62 6% 4.8%
AIDA Cruises Carnival Corporation & plc 1,183.7 2,128.28 4.6% 4.6%
Holland America Line Carnival Corporation & plc 831.5 2,589.60 3.2% 5.6%
P&O Cruises Carnival Corporation & plc 623.4 1,031.85 2.4% 2.2%
P&O Cruises Australia Carnival Corporation & plc 499.6 548.02 1.9% 1.2%
Cunard Line Carnival Corporation & plc 169.6 823.79 0.7% 1.8%
Seabourn Cruise Line Carnival Corporation & plc 49.9 552.26 0.2% 1.2%
Royal Caribbean Cruises Ltd. 5,963.80 9,389.80 23% 20.2%
Royal Caribbean International Royal Caribbean Cruises Ltd. 4,987.0 6,525.18 19.2% 14%
Celebrity Cruises Royal Caribbean Cruises Ltd. 909.5 2,447.45 3.5% 5.3%
Azamara Cruises Royal Caribbean Cruises Ltd. 67.3 417.17 0.3% 0.9%
Norwegian Cruise Line Holdings 2,471.20 5,833.20 9.5% 12.6%
Norwegian Cruise Line Norwegian Cruise Line Holdings 2,269.8 3,897.80 8.7% 8.4%
Oceania Cruises Norwegian Cruise Line Holdings 132.5 1,057.97 0.5% 2.3%
Regent Seven Seas Cruises Norwegian Cruise Line Holdings 68.9 877.43 0.3% 1.9%
MSC Cruises Mediterranean Shipping Company 3,010[7] 4,108.00 10.2% 9.8%
Genting Hong Kong 525.80 2,309.02 2.1% 5%
Dream Cruises Genting Hong Kong 258.1 1,024.45 1% 2.2%
Star Cruises Genting Hong Kong 227.6 722.72 0.9% 1.6%
Crystal Cruises Genting Hong Kong 40.1 561.85 0.2% 1.2%
(Other)        
Tallink Silja Other 9,800 967    
Viking Line Other 6,411.537      
Disney Cruise Line Disney Parks, Experiences and Products 589.5 1,006.77 2.3% 2.2%
TUI Cruises TUI AG (50%)
Royal Caribbean Cruises Ltd. (50%)
523.8 1,057.84 2% 2.3%
Pullmantur Cruises Other Springwater Capital (51%)
Royal Caribbean Cruises Ltd. (50%)
370.4 467.67 1.4% 1%
Hurtigruten Hurtigruten, Inc. 246.2 952.52 0.9% 2%
Viking Cruises Other 163.2 604.43 0.6% 1.3%
Cruise & Maritime Voyages Other 122.9 487.95 0.5% 1%
Celestyal Cruises Louis PLC 118.8 377.17 0.5% 0.8%
Marella Cruises TUI AG 106.4 338.00 0.4% 0.7%
Fred. Olsen Cruise Lines Bonheur 106.2 156.31 0.4% 0.3%
Silversea Cruises Royal Caribbean Cruises Ltd. (67%)
Other (33%)
81.0 685.00 0.3% 1.5%
Phoenix Reisen Other 81.0 257.28 0.3% 0.6%
Hapag-Lloyd Cruises Hapag-Lloyd AG 72.3 147.21 0.3% 0.3%
Compagnie du Ponant Artémis 51.1 185.77 0.2% 0.4%
Windstar Cruises The Anschutz Corporation 46.9 186.32 0.2% 0.4%
Quark Expeditions Travelopia 31.1 123.51 0.1% 0.3%
Saga Cruises Saga plc 30.8 97.88 0.1% 0.2%
Lindblad Expeditions Other 26.1 103.79 0.1% 0.2%
Star Clippers Star Clippers Ltd 21.6 85.57 0.1% 0.2%
American Cruise Lines Other 19.9 68.31 0.1% 0.1%
Voyages to Antiquity Other 11.5 45.73 >0.0% 0.1%
Paul Gauguin Cruises Other 9.8 38.71 >0.0% 0.1%
SeaDream Yacht Club Other 8.6 33.99 >0.0% 0.1%
Travel Dynamics Other 6.4 20.22 >0.0% >0.0%
Blount Small Ship Adventures Other 5.9 23.31 >0.0% 0.1%
Orion Expedition Cruises Other 5.1 20.32 >0.0% >0.0%
Grand Circle Cruise Line Other 3.8 12.15 >0.0% >0.0%
Hebridean Island Cruises Other 1.4 2.13 >0.0% >0.0%
Total 26,001.0 46,571.9 100% 100%
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