The Brea Economic Impact Study on the Cruise Industry’s Impact on the Caribbean
Pembroke Pines, FL (February 27, 2007) – A recent analysis was conducted by the US-based organization Business Research and Economic Advisors (BREA) in partnership with 19 destinations: Antigua, Aruba, Bahamas, Barbados, Belize, Cayman Islands, Cartagena, Costa Maya, Cozumel, Curacao, Dominica, Grenada, Key West, Martinique, San Juan, St. Kitts, St. Lucia, St. Maarten and U.S.V.I. These 19 destinations showed their confidence in the positive impact the cruise industry provides through passenger and crew spending. The participants also had the chance to learn what the visitors spend their money on, along with feedback on the passenger’s visits—their likes, dislikes, and intent to return as a stay-over guest because of their visit as a cruise passenger.
FCCA member lines’ have had a substantial impact on the economies of Caribbean destinations. The analysis of cruise tourism’s direct expenditures shows that cruise ship calls in the Caribbean during the 2005-2006 cruise year generated $1.8 billion in direct spending by passengers, crew and cruise lines.
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FCCA is a trade association composed of 11 Member Lines: Carnival Cruise Lines, Celebrity Cruises, Costa Cruise Lines, Cunard Line, Disney Cruise Line, Holland America Line, MSC Cruises (USA) Inc., Norwegian Cruise Line, Princess Cruises, Regent Seven Seas Cruises and Royal Caribbean International. It was created in 1972 by the Member Lines operating more than 100 vessels in Florida, Caribbean and Mexican waters, in order to discuss and exchange views on issues relating to: legislation, tourism development, ports, safety, security and other cruise industry issues.