Royal Caribbean Cruise Lines 2001 Annual Report Download - page 14

Download and view the complete annual report

Please find page 14 of the 2001 Royal Caribbean Cruise Lines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 56

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56

12 Royal Caribbean Cruises Ltd.
ATTRACTIVE DEMOGRAPHICS
The Baby Boom is the engine driving the cruise industry’s long-term demographics
53 percent of cruisers are Baby Boomers. The average age of cruisers in the U.S.
market is 50, according to Cruise Lines International Associations biannual market
study. The first of the 79.3 million Americans from the Baby Boom (1946-1964)
reached age 55 in 2001. By 2010, there will be 41 million people aged 50 to 59 twice
as many as there were in 1990. And the Baby Boomers command an average household
income of almost $60,000. CLIA identified a significant group of vacationers who
would definitely or probably” take a cruise in the next five years 43.5 million people.
Nearly half of a target population of 140 million people (68.3 million) are “interested”
in cruising, and those prospects have an average household income of $60,400.
43.5million
definitely or probably’ will cruise