Unknowns Cloud 2nd Half Of Year For Cruise Sellers
Cruise sellers report that they got through the first half of 2016 with about the same level of business as a year earlier. But many are wary about prospects for the second half, given continued terrorist attacks and the uncertainty caused by Britain’s vote to leave the EU.
Canadian sellers face a problem that their U.S. colleagues don’t, as Expedia Cruise Ship Centres’ president Matthew Eichhorst told Travel Weekly.
“We’re up overall. I wouldn’t say it’s been consistent, but I would say we’re pleased with the results,” Eichhorst said. But he added that improvement over H1 2015 came despite significant foreign-exchange headwinds for the company’s 156 Canadian franchises.
“We had a nearly 30% swing over the last 18 months,” he said. “The Canadian market definitely had some pressures.”