Costa Concordia impact

Costa Concordia impact

I’ve always been fond of the quotation “the law of flotation wasn’t discovered contemplating the sinking of things.”  This has certainly held true for the cruise industry – growing the annual number of passengers carried nearly 5 times over the past 20 years.  But...

Luxurious growth in the cruise segment

In 2008, there were about 10 million U.S. households with a net worth above $1 million (excluding home equity).  This is almost double the number from 2002, just six years earlier.  This growth has led to a boon for retailers who can appeal to the luxury market. In...