Download This PaperCruiseLiners in the Time of COVID
Five Shades of Emerging Business Cases, Eliva Press (Nov 2021), ISBN: 978-1-63648-395-5
7 Pages Posted: 19 Apr 2021 Last revised: 17 Nov 2021
Date Written: April 15, 2021
Abstract
In this article, we discuss how the Cruise Industry had to voluntarily shut-down due to the outbreak of COVIDPandemic. We begin by studying the complex logistics the cruise-liners had to employ to disembark redundant crew members to various ports around the world. Then we highlight the dilemma and paradox involved in letting off the crew but not the ships for sustainable operations. Finally, we narrate how the industry survived on surplus cash to conduct bare minimum runaway operations and future challenges they might face from the tourism sector, even after vaccinated drive.
Keywords: Cruise Tourism, COVID-19, Pandemic, Asset-Paradox
JEL Classification: I18, L83, L91
Suggested Citation: Suggested Citation