2013 ECONOMIC IMPACT STUDY - NYCruise · 2017-02-03 · Ship Calls • Total ship calls increased...

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2013 ECONOMIC IMPACT STUDY

Economic Impact

Key Results

• Total economic impact of New York City’s cruise industry in 2013 was $229.5 million

• Passengers and crew spent an estimated $141.2 million while ashore in 2013• Embarking Passengers: $118.9 million• Transit Passengers: $3.6 million• Crew: $18.7 million

• On a per passenger spending basis, passengers & crew spent on average $227.60• Highest among all continental US ports (2nd only to Honolulu)

• Passengers with an overnight stay spent an average of $437 during their two-night stay

• $190 for lodging• $76 for food & beverage

NYCruise 2013 Economic Impact Study

Cruise Passengers• Total passenger arrivals increased by 39% from 2009-2013

NYCruise 2013 Economic Impact StudyNYCruise 2013 Economic Impact Study

Ship Calls• Total ship calls increased by 17% from 2009 to 2013• New mega ships including the Carnival Splendor and the Norwegian Breakaway,

have 3,000+ and 4,000+ passenger capacity and combined had over 70 ship calls in 2013

NYCruise 2013 Economic Impact StudyNYCruise 2013 Economic Impact Study

Passenger Spending• Total spending by passengers and crew increased by 51% from 2009 to 2013 to

$141.2 million

NYCruise 2013 Economic Impact StudyNYCruise 2013 Economic Impact Study

Estimated Passenger Spending

Category Overnight stay No overnight stay TotalF&B at Restaurants & Bar $19,738,902 $1,510,062 $21,248,964

Taxis/Ground Transport $7,476,769 $1,086,987 $8,563,756

Watches & Jewelry $3,994,027 $161,845 $4,155,872

Clothing $11,063,368 $1,181,538 $12,244,906

Entertainment/Night Clubs/Casinos $7,207,437 $222,276 $7,429,713

Parking $385,147 $309,096 $694,243

Museums & Galleries $4,284,307 $507,608 $2,309,489

Other Purchases $4,280,866 $376,481 $4,657,347

Accommodations $49,080,213 - $49,080,213

Tours $5,316,231 $670,316 $5,896,547

TOTALS $112,827,268 $6,025,669 $118,852,937

• Pre- and Post- cruise stays: $112.8 million• No overnight stay: $6.0 million

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

NYCruise 2013 Economic Impact StudyNYCruise 2013 Economic Impact Study

Estimated Passenger SpendingTransit passengers were estimated to have spent an average of $184 per passenger and a total of $3.6 million

• 98% of transit passengers were estimated to have disembarked and visited NYC

Category TransitF&B at Restaurants & Bar $382,625

Taxis/Ground Transport $178,504

Watches & Jewelry $290,282

Clothing $857,592

Entertainment/Night Clubs/Casinos $60,815

Museums $79,445

Other Purchases $507,121

Tours $1,219,038

TOTALS $3,575,423

NYCruise 2013 Economic Impact StudyNYCruise 2013 Economic Impact Study

Crew Onshore ExpendituresCrew were estimated to spend an average of $208 per crew member and a total of $18.7 million

• 89,948 crew members visited NYC throughout 2013

Category CrewF&B at Restaurants & Bar $2,263,856

Taxis/Ground Transport $870,787

Watches & Jewelry $550,617

Clothing $5,333,332

Entertainment/Night Clubs/Casinos $132,224

Other Purchases $8,805,145

Tours $786,146

TOTALS $18,742,105

NYCruise 2013 Economic Impact StudyNYCruise 2013 Economic Impact Study

Embarking Passenger Demographics

• Passengers from outside NYC and the tri-state area continue to represent the majority of passengers

• 37% of NYC embarking cruise passengers reside in Tri-State Area

• 88% increase in international passengers from 2012

New York City 11%

Non-US Resident 15%

Other States48%

Other NY, NJ & CT 26%

Residence of NYC Cruise Passengers

NYCruise 2013 Economic Impact Study

Length & Frequency of Passenger Visits• Only 14% reported this was their first visit to NYC

• 35% reported this was their eighth or more visit

• 43% of cruise parties did pre- and/or post- stays in NYC

First Visit18%

Second or Third Visit

20%

Fourth or Fifth Visit16%

Sixth or Seventh Visit

11%

Eighth or Higher Visit

35%

Number of Previous Visits to NYC

One Day41%

Two Days26%

Three Days17%

Four Days8%

Five Days8%

Length of Overnight Stay Prior to or After Cruise

NYCruise 2013 Economic Impact Study

Reasons for Cruising from NYC

Most Popular Reasons:

1. Close to Home

2. Destination Offered

3. Specific Cruise Ships

Destination Offered from NYC

25%Directed by Travel

Agent2%

Wanted to Visit NYC8%Close to Residence

26%

Cruise Ship or Line24%

Other10%

NYCruise 2013 Economic Impact Study

Passenger Satisfaction

Attribute Satisfied

Overall Visit 96%

Variety of Things to See and Do 98%

Overall Shopping Experience 95%

Guided Tour 91%

Overall, 96% of embarking passengers were satisfied with their overall visit to New York City

NYCruise 2013 Economic Impact Study

Survey Overview

• Survey period: September through December, 2013

• Number of surveys returned– Passengers: 3,515– Crew: 476

• Cruise ships surveyed:– Caribbean Princess– Emerald Princess– Carnival Glory– Carnival Splendor – Norwegian Breakaway– Norwegian Gem– Crystal Symphony– Queen Mary 2– Seven Seas Navigator– AidaBella– AidaLuna

• Business Research & Economic Advisors (BREA) conducted the study

NYCruise 2013 Economic Impact Study

Contact Information

Visit: www.nycruise.com

Email or Call: Ian Fried at ifried@nycedc.com or 212.312.3523

NYCruise 2013 Economic Impact Study