December 8, 2023
English TKP News

The cruise industry recovers in Miami

After the pandemic, tourists fill the hotels near the airport

Companies like Carnival Cruise Line, Royal Caribbean, Silversea Cruises, American Queen Voyages, Mystic Cruises, Crystal Cruises, Disney Cruises, Regent Seven Seas, Compagnie du Ponant, and Norwegian are industry leaders with voyages that traverse the Bahamas, Belize, Jamaica, Cancun, Virgin Islands, as well as Miami and Florida.

“High season has already started with high rates and full occupancy,” says a Miami-based hotelier.

On the other hand, the shipping companies take into account the current situation in Yucatan, which promotes its port as an ideal place for the mooring of cruise ships thanks to the strategy that Governor Mauricio Vila Dosal has devised. The objective is to promote the reactivation of the sector through the Secretary of State Tourism Promotion (Sefotur).

Growth is accelerating as Miami-Dade commissioners have authorized the construction of the new Cruise Terminal G at the Port of Miami, with County funds, which will be leased for 36 years with three seven-year extensions to Royal Caribbean Group.

This contract will include ships from Royal Caribbean International and Celebrity Cruises. The county will invest up to $325 million in capital improvements for both Terminal G and portions of Pier 10, the terminal shared with MSC Cruises due for completion in October 2028. The deal calls for Royal Caribbean Group to repay the county 47% of project costs with interest and issuance costs.

Miami-Dade County expects the new terminal to generate $2.8 billion in economic development for the county over the next 50 years and create 12,000 cruise-related jobs.

Likewise, Royal Caribbean agreed that it will more than double its annual passenger movements, that is, a minimum of 600,000 annual passenger movements during the construction of Terminal G and provide 1.5 million annual passenger movements once it is completed in 2027.

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