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Full steam ahead


The cruise industry in Asia is bouncing back as reimagined operations and policy changes bolster growth in the region. Frances Marcellin reports.


T


he increase in Asian cruise operations and the growth of the cruise market in Asia have been reshaping the region’s tourism sector since China reopened its borders in 2023. According to China’s National Immigration Administration (NIA), Q3 2024 saw 160 million people entering and leaving the country, an increase of 30% year-on-year, including 78 million mainland residents; 64 million Hong Kong, Macao and Taiwan residents; and 16.4 million foreigners – the latter increasing by 50% year-on-year.


World Cruise Industry Review / www.worldcruiseindustryreview.com


In 2024, transportation by ship was up by 6.5%, and in Singapore – one of the first South East Asian countries to restart maritime operations post-pandemic – the Cruise Singapore Tourism Board confirmed a rise in cruise of 15.9%. With the China Cruise & Yacht Industry Association estimating that the cruise industry alone will bring $81.2bn (CNY550bn) to the Chinese economy by 2035, domestic and foreign companies are ramping up operations in the region.


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