The cruise industry is showing signs of recovery and growth with younger travelers driving demand.

From Yahoo Finance: 2025-04-09 12:05:00

The cruise industry shows signs of recovery with 35.7 million passengers expected in 2024, a 6% increase over 2019. Major cruise lines benefit from a successful 2024 wave season, projecting a return to pre-COVID passenger levels by 2023-2027. Younger travelers are driving growth, with the global cruise market expected to reach $7.67 billion by 2022.

Exane BNP Paribas analysts express optimism for the cruise industry, anticipating steady net yield growth in 2025-2026. New revenue drivers like private islands boost industry profits, with potential for market share gains in the $2 trillion global vacation market. Digital innovations enhance onboard experiences, contributing to industry earnings growth.

World Kinect Corporation (WKC) ranks 12th among the best cruise stocks to buy according to hedge funds. The company provides fuel and services for marine, aviation, and land transportation industries, including cruise lines. WKC’s fiscal Q4 2024 adjusted EPS exceeded estimates, with strong operating cash flow and shareholder returns. Analysts forecast a 29.08% upside potential for WKC with a median price target of $24.79.



Read more at Yahoo Finance: Among the Best Cruise Stocks to Buy According to Hedge Funds