Cruise industry generates US$4,000 million in Caribbean revenue

The cruise industry generated $4.2 billion in revenue across 33 Caribbean destinations between 2023 and 2024, marking a 27% increase compared to five years ago, according to Business Research & Economic Advisors (BREA).

The Bahamas led revenue with $654 million, followed by Cozumel, Mexico ($483 million) and the U.S. Virgin Islands ($258 million).

The Dominican Republic, Saint Martin, and Puerto Rico also saw substantial earnings, reporting $251 million, $237 million, and $201 million, respectively.

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