Cozumel cruise industry generated more than 400 million dollars

The Cozumel cruise industry has generated over $400 million in less than two years. In contrast, floating hotels have left approximately $483 million on the island.

According to Business Research & Economic Advisors (BREA), Cozumel earned $483 million between 2023 and so far this year as a result of the cruise industry. During an Association of Cruises of Florida and the Caribbean conference held in Saint Martin, it was reported that Cozumel is the second-best cruise destination in the Caribbean Sea, only behind the Bahamas, which generated around $654 million during the same period.

Cozumel outperformed the United States Virgin Islands ($258 million), Dominican Republic (251 million dollars), Saint Martin (237 million dollars), Puerto Rico (201 million dollars), Jamaica (197 million dollars), Costa Maya, Mexico (187 million dollars), Honduras (180 million dollars), Cayman Islands (161 million dollars), and Aruba (133 million dollars).

In general, the cruise industry in the Caribbean Sea set a record between 2023 and so far this year, generating more than $4.2 billion across 33 destinations, representing a 27 percent increase compared to a measurement made five years ago.

These cruise ports received approximately 29.4 million passengers between 2023 and so far this year. Each tourist spent an average of $104.36.

In addition, 3.9 million cruise crew members arrived, with expenditures totaling around $229.5 million. Ship lines also invested around $968.3 million in the destinations, averaging $29.3 million per location.

The floating hotel industry created a total of 94,027 jobs between 2023 and this year, with salaries amounting to approximately $1.27 billion (19 percent more than in 2018).

At the national level, Cozumel is also Mexico’s primary cruise destination, according to the Integral Port Administration of Quintana Roo.

By September 29th, Cozumel had received over 906 floating hotels, marking a 10.2 percent increase compared to the same period last year.

Source: Por Esto