Record Economic Impact of Cruise Tourism in 2023-2024

The Florida-Caribbean Association (FCCA) has reported record economic contributions from the 2023-2024 cruise year, with cruise tourism generating $4.27 billion in direct expenditures across 33 participating destinations. This figure represents a 27% increase compared to the previous study in 2018. The industry supported 94,027 jobs, paying a total wage income of $1.27 billion, and welcomed 29.4 million onshore visits from cruise passengers, generating $3.07 billion in spending.

Additionally, destinations saw 3.9 million onshore visits from crew members, resulting in $229.5 million in expenditures. Cruise lines themselves spent $968.3 million, with an average of $29.3 million per destination. The total number of passenger and crew visits increased by 13% compared to the previous study, with 31 common destinations experiencing a 17% increase in passenger visits. Average per passenger spend also increased for 26 of the 31 common destinations.

The study measured direct spending impacts through passenger and crew surveys, as well as cruise line spending for services and provisions. Economic impacts were calculated by collecting data from various agencies to evaluate employment, wages, port fees, and taxes. While the study did not include indirect benefits of cruise tourism, such as spending from returning stay-over guests, it did provide a comprehensive overview of the significant economic contributions made by the cruise industry to the region.

The 33 participating destinations with total cruise tourism expenditures were listed, including well-known locations like The Bahamas, Jamaica, and Puerto Rico. Each destination contributed to the overall economic success of the cruise industry in the region, highlighting the importance of cruise tourism as a significant driver of economic growth and job creation.

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