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

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  • Papadopoulou, Georgia
  • Sambracos, Evangelos

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.

Suggested Citation

  • Papadopoulou, Georgia & Sambracos, Evangelos, 2014. "Recent Evolution of Cruise Activities in European Ports of Embarkation: a Quantitative and Economic Approach," MPRA Paper 68626, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:68626
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    References listed on IDEAS

    as
    1. Ivona Vrdoljak Raguz & Doris Perucic & Ivana Pavlic, 2012. "Organization and Implementation of Integrated Management System Processes - Cruise Port Dubrovnik," International Review of Management and Marketing, Econjournals, vol. 2(4), pages 199-209.
    2. Kwak, Seung-Jun & Yoo, Seung-Hoon & Chang, Jeong-In, 2005. "The role of the maritime industry in the Korean national economy: an input-output analysis," Marine Policy, Elsevier, vol. 29(4), pages 371-383, July.
    3. Peter Wild & John Dearing, 2000. "Development of and prospects for cruising in Europe," Maritime Policy & Management, Taylor & Francis Journals, vol. 27(4), pages 315-333.
    4. Ana Bartolome & Michael McAleer & Vicente Ramos & Javier Rey-Maquieira, 2009. "Cruising is Risky Business," CIRJE F-Series CIRJE-F-664, CIRJE, Faculty of Economics, University of Tokyo.
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    Cited by:

    1. Esther-Vayá & José-Ramón-García & Joaquim-Murillo & Javier-Romaní & Jordi-Suriñach, 2016. "“Economic Impact of Cruise Activity: The Port of Barcelona"," IREA Working Papers 201613, University of Barcelona, Research Institute of Applied Economics, revised Nov 2016.
    2. Georgia Papadopoulou, 2020. "An Overview of the Cruise Industry in Greece from 2010-2019," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 70(1-2), pages 39-57, January-J.
    3. Joanna Kizielewicz, 2020. "Measuring the Economic and Social Contribution of Cruise Tourism Development to Coastal Tourist Destinations," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 147-171.
    4. Georgia Papadopoulou & Evangelos Sambracos & Sofia Xesfingi, 2017. "Influential Factors of Passengers' Expenditures During A Cruise Trip: The Case of the Greek Islands," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 15(1), pages 15-31.

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    More about this item

    Keywords

    European cruise evolution; cruise ports of embarkation; economic impact; cruise passengers expenditures; cruise revenue;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General
    • N70 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - General, International, or Comparative

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