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Cabo Cruise Ships To Increase 37% in 2015

Date Published:

It’s a familiar sight to see the massive cruise ships at anchor just off Medano beach, sometimes two or even three of them can be there at any one time.

There can be no doubt that the worldwide market for cruising is growing at an astonishing rate with Cabo San Lucas gaining a significant share of that market (cruising Mexico’s west coast accounts for 8% of the global cruising market and every ship stops at Cabo).

In 2014, Cabo San Lucas hosted 268,000 passengers sailing on 129 ships, up 58% and 93%, respectively, from 2013. That number is set to soar in 2015 with forecasts of 460,000 passengers sailing on 177 ships, up 72% and 37%, respectively, from 2014.

There can be no doubt that these passengers represent a significant boost to the local economy. The last informal figures from the tourist board suggested that each passenger was worth $35 in spending power to local businesses. However, a recent study in Australia has suggested that this may well be significantly lower than the real spend. In this study, conducted by Cruise Lines International Association (CLIA), they tracked the spending by cruise tourists both in the ports they embarked/disembarked and in the ports they stopped. Whilst the most was spent in ports of embarkation, the study showed that passengers spent between $156 and $204 per person per day in each destination port of the cruise. The figure depended on the demographic of the cruise ships themselves, from basic cruises to luxury liners, however the difference was not significantly higher at the top end.

On this basis, it could suggest that 2015 could potentially see an injection of  $71,760,000.00 from cruise ship visitors alone!

That’s a lot of tacos and pacific amigos…and represents a massive opportunity for local businesses to tap into this lucrative market.

Perhaps this study may spark some interest in the Los Cabos Tourist Board to conduct a similar study and attempt to quantify this important market.

The 2015 cruise schedule is available here.

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