The number of passengers carried by Norwegian Cruise Line rose significantly in 2023 over the previous year. After falling sharply to around 232 thousand in 2021 due to the impact of the coronavirus (COVID-19) pandemic, the number of passengers reached 2.7 million in 2023, the second-highest figure reported by the company to date.
Has Norwegian Cruise Line recovered from the impact of COVID-19?
With the increase in the number of passengers in 2023 came a rebound in the company’s earnings. That year, Norwegian Cruise Line's revenue worldwide amounted to over eight billion U.S. dollars, exceeding pre-pandemic levels. Meanwhile, Norwegian Cruise Line’s net income turned positive in 2023, following three years of net losses after the onset of the health crisis.
What are the leading cruise companies worldwide?
Norwegian Cruise Line is among the major players in the global cruise industry, holding the highest market share after Carnival Corporation and Royal Caribbean. In 2023, Carnival Corporation's revenue worldwide surpassed 21 billion U.S. dollars, recovering from the impact of COVID-19. That year, Royal Caribbean Cruises' global revenue also surpassed pre-pandemic figures, reaching nearly 14 billion U.S. dollars.
Number of passengers carried by Norwegian Cruise Line Holdings Ltd. worldwide from 2011 to 2023
(in 1,000s)
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Norwegian Cruise Line. (February 28, 2024). Number of passengers carried by Norwegian Cruise Line Holdings Ltd. worldwide from 2011 to 2023 (in 1,000s) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/576934/norwegian-cruise-lines-passengers-carried/
Norwegian Cruise Line. "Number of passengers carried by Norwegian Cruise Line Holdings Ltd. worldwide from 2011 to 2023 (in 1,000s)." Chart. February 28, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/576934/norwegian-cruise-lines-passengers-carried/
Norwegian Cruise Line. (2024). Number of passengers carried by Norwegian Cruise Line Holdings Ltd. worldwide from 2011 to 2023 (in 1,000s). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/576934/norwegian-cruise-lines-passengers-carried/
Norwegian Cruise Line. "Number of Passengers Carried by Norwegian Cruise Line Holdings Ltd. Worldwide from 2011 to 2023 (in 1,000s)." Statista, Statista Inc., 28 Feb 2024, https://www.statista.com/statistics/576934/norwegian-cruise-lines-passengers-carried/
Norwegian Cruise Line, Number of passengers carried by Norwegian Cruise Line Holdings Ltd. worldwide from 2011 to 2023 (in 1,000s) Statista, https://www.statista.com/statistics/576934/norwegian-cruise-lines-passengers-carried/ (last visited November 22, 2024)
Number of passengers carried by Norwegian Cruise Line Holdings Ltd. worldwide from 2011 to 2023 (in 1,000s) [Graph], Norwegian Cruise Line, February 28, 2024. [Online]. Available: https://www.statista.com/statistics/576934/norwegian-cruise-lines-passengers-carried/