“The cruising industry manages to survive economic upturns and downturns just by the nature of the fact that people still take vacations and need vacations,” says Lee Moreau, director of loyalty for Celebrity Cruises. “The industry as a whole tends to weather those storms quite well.”
A challenge that has presented itself in recent years, though, is the geopolitical situation in the world. “That has definitely had an impact on the cruising industry....