![]() ![]() Industry leader Carnival Corporation, which operates nine cruise lines, rose 261 spots to No. Cruise Lines International Association (CLIA), the industry trade and lobby group, forecasts that 31.5 million passengers will embark on cruises in 2023, up 6% from 2019. Īfter screeching to an abrupt halt in 2020 and restarting more than a year later, the cruise industry is now breaking pre-pandemic records for passenger volume and hitting $21 billion in profits, nearly double that of a year ago. Hilton opened 355 new hotels in 2022 (just under one per day, adding more than 58,000 rooms), while Hyatt came out of last year with a record pipeline of about 117,000 rooms worldwide. Last fall, Marriott acquired its 31st brand – the Mexico-based City Express – and, at the end of the year, tallied roughly 199,000 rooms under construction. Collectively, their current narrative is one of expansion, with all the hotel giants touting impressive pipelines of new properties around the world. ![]()
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