Cruise Demand Expected To Outweigh Supply: Analysts

Demand for cruise travel is poised to rise significantly in the next year due to vaccine availability and people not having travelled during the pandemic, analysts at investment bank UBS predict. The report cites "pent-up demand for leisure travel generally" and anticipates seven per cent of capacity being used in Q1. By the third quarter, it expects to see growth and by Q2 2022, capacity could reach 75 per cent. UBS also expects that demand for cruise travel will outweigh the available supply of cruise tickets.

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