Carnival Corp, Royal Caribbean Cruises and Norwegian Cruise Line Holdings are the three dominant players in the cruise industry. Together, they made almost $ 6 billion in profits and over 70% of the cruise market in 2018.
With the demand for cruises expected to grow this year, the three companies will continue to fight for new customers.
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But Carnival, Royal Caribbean and Norwegian are not identical. Each operates on a different scale that is reflected in their financial notions and market capitalizations.
This is how the cruise industry's three largest companies cross.