Australia's Cruise Industry on Shaky Waters The Australian cruise industry is facing a perfect storm, with industry insiders warning that the sector could suffer losses of over $1 billion unless urgent action is taken to address the challenges it faces.
The ongoing impact of the pandemic has left many potential cruisers feeling hesitant to book a ticket due to uncertainty surrounding global health protocols.
Older Australians are particularly deterred by the risk of contracting COVID 19, which has contributed to declining demand for cruises. However, this isn't just a pandemic problem – it's also an economic one.