American cruise passenger volume to see slower growth in 2025, Reuters says

While nearly 19M Americans are expected to go on cruise vacations this year, passenger growth is expected to cool off after seeing a boom post pandemic, Reuters reports, citing forecasts made by travel group AAA. Passenger volume for 2025 is projected to grow 4.5% from 2024, which is slower than the 7.7% rise last year and 42% growth in 2023, according to the industry group. Publicly traded companies in the space include Carnival (CCL), Norwegian Cruise Line (NCLH) and Royal Caribbean (RCL).