Question
In 2019, approximately 29.7 million people took cruises. Of these, 11.9 million were from the U.S., and 35% took cruises in the luxury category. Though
In 2019, approximately 29.7 million people took cruises. Of these, 11.9 million were from the U.S., and 35% took cruises in the luxury category. Though the cruise industry had been growing at about 6% per year up to 2019, the pandemic has severely impacted it. Almost all cruises were cancelled in 2020 and only a limited number booked for 2021 so far. Any type of recovery is not expected until 2022. Even then, travel industry research has revealed that only 67% of those who cruised in 2019 expect to take a cruise in 2022. Silversea, the luxury cruising subsidiary of Royal Caribbean Cruises, has an estimated .5% of the U.S. luxury market. Given this information, how many passengers can Silversea expect to serve in 2022?
(has to be on excel)
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