Marketplace In Miami
9:00 am
Sat January 26, 2013

You No Longer Have To Be Rich To Cruise

MAINSTREAM VACATION? Once the pursuit of the filthy rich, vacation cruising is now with easy reach of the middle class.
MAINSTREAM VACATION? Once the pursuit of the filthy rich, vacation cruising is now with easy reach of the middle class.
Credit Marketplace

 

   Marketplace Morning Report wraps ups its week in Miami with a look at the cruise industry and an interview with Adam Goldstein, president of the cruise line, Royal Caribbean.

Once the pastime of the very wealthy, cruising has become a mainstream vacation, Goldstein tells MMR host Jeremy Hobson, and the U. S. is the biggest "source market" for the cruise industry, even though the growth rate of other source markets is greater.

What does that say about the New American Dream here and elsewhere?

Tags: