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NYC Cruise Economic Impact Study

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    NYCruise Economic Impact Study

    2012

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    2011 NYCruise Economic Impact Study

    Economic Impact

    Key Results

    Total economic impact of New York Citys cruise industry in 2012 was $196.3 million

    Passengers and crew spent an estimated $121.5 million while ashore in 2012

    Embarking Passengers: $99.5 million Transit Passengers: $3.2 million Crew: $18.8 million

    Overall, average spending per passenger & crew was $207 Highest among all continental US ports (2nd only to Honolulu)

    Passengers with an overnight stay spent an average of $462 during their two-nightstay, an increase of 5% over 2011

    $205 for lodging $91 for food & beverage

    NYCruise 2012 Economic Impact Study

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    2011 NYCruise Economic Impact Study

    Cruise Passengers

    Total passenger arrivals increased by 32% from 2009-2012

    NYCruise 2012 Economic Impact Study

    445,718

    582,979632,923

    587,727

    0

    100,000

    200,000

    300,000

    400,000

    500,000

    600,000

    700,000

    2009 2010 2011 2012

    Number of Embarking and Transit Cruise Passengers

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    2011 NYCruise Economic Impact Study

    Ship Calls

    Total ship calls increased by 39% from 2009 to 2012

    181

    241267

    251

    0

    50

    100

    150

    200

    250

    300

    2009 2010 2011 2012

    Combined Ship Calls at Manhattan andBrooklyn Cruise Terminals

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    2011 NYCruise Economic Impact Study

    Passenger Spending

    Total spending by passengers and crew increased by 30% from 2009 to 2012 to$121.5 million

    93.8

    144.6 149.8

    121.5

    0

    20

    40

    60

    80

    100

    120

    140

    160

    2009 2010 2011 2012

    Passengers and Crew Spending

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    2011 NYCruise Economic Impact Study

    Estimated Passenger Spending

    Category Overnight stay No overnight stay Total

    F&B at Restaurants & Bar $18,232,758 $1,529,329 $19,762,087

    Taxis/Ground Transport $6,081,778 $636,129 $6,717,907

    Watches & Jewelry $2,172,444 $288,363 $2,461,807

    Clothing $8,264,264 $709,950 $8,974,214

    Entertainment/Night Clubs/Casinos $5,560,612 $542,123 $6,102,735

    Parking $967,117 $24,799 $991,916

    Other Purchases $3,425,804 $1,339,159 $4,764,963

    Accommodations $41,216,102 - $41,216,102

    Tours $4,911,210 $1,348,963 $6,260,173

    TOTALS $93,142,578 $6,418,817 $99,561,395

    Pre- and Post- cruise stays: $93.1 million No overnight stay: $6.4 million

    Spending by embarking passengers was overwhelminglydominated by those with pre- and post-cruise overnight stays.

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    Estimated Passenger Spending

    Transit passengers were estimated to have spent an average of $167 perpassenger and a total of $3.2 million

    97% of transit passengers were estimated to have disembarked and visited NYC

    Category Transit

    F&B at Restaurants & Bar $298,276

    Taxis/Ground Transport $161,251

    Watches & Jewelry $219,484

    Clothing $663,787

    Entertainment/Night Clubs/Casinos $38,674Museums $79,570

    Other Purchases $338,506

    Tours $1,351,611

    TOTALS $3,151,160

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    Crew Onshore Expenditures

    Crew were estimated to spend an average of $199 per crew member and atotal of $18.8 million

    An estimated 90,439 crew visited NYC throughout 2012

    Category Crew

    F&B at Restaurants & Bar $2,514,566

    Taxis/Ground Transport $947,710

    Watches & Jewelry $640,986

    Clothing $4,899,985

    Entertainment/Night Clubs/Casinos $335,212Other Purchases $8,538,899

    Tours $929,713

    TOTALS $18,807,061

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    Embarking Passenger Demographics

    Passengers from outside NYC and thetri-state area continue to represent themajority of passengers

    43% of NYC embarking cruisepassengers reside in Tri-State Area

    Non-USResident 8%

    New York City

    16%

    Other States49%

    Other NY, NJ &CT 27%

    Residence of NYC Cruise Passengers

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    Length & Frequency of Passenger Visits

    Only 13% reported this was their first visit to NYC

    53% reported this was their eighth or more visit

    35% of cruise parties did pre- and/or post- stays in NYC

    First Visit

    13%

    Second orThird Visit

    15%

    Fourth or FifthVisit12%

    Sixth orSeventh Visit

    7%

    Eighth orHigher Visit

    53%

    Number of Previous Visits to NYC

    One Day41%

    Two Days31%

    Three Days16%

    Four Days6%

    Five Days6%

    Length of Overnight Stay Prior toor After Cruise

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    Passenger Satisfaction

    Attribute Satisfied

    Overall Visit 93%

    Variety of Things to See and Do 93%

    Overall Shopping Experience 92%

    Guided Tour 100%

    Terminal Facilities 98%

    Overall, 93% of embarking passengers were satisfied with their overall visitto New York City

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    Survey Overview

    Survey period: August through October, 2012

    Number of surveys returned

    Passengers: 2,325 Crew: 514

    Cruise ships surveyed:

    Caribbean Princess Carnival Glory Carnival Miracle Veendam Norwegian Gem Norwegian Jewel

    Crystal Symphony Queen Mary 2 Disney Magic AidaLuna Arcadia

    Business Research & Economic Advisors (BREA) conducted the study

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    Contact Information

    Visit: www.nycruise.com

    Email or Call: Ian Fried at [email protected] or 212.312.3523

    NYCruise 2012 Economic Impact Study

    http://www.nycruise.com/mailto:[email protected]:[email protected]://www.nycruise.com/

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