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Mar 24, 2009

CNBC original: Cruise Inc.

As news outlets sort through the latest economic news and daily developments on the government bailout front, CNBC takes a bit of a diversion with an original special that profiles the rapidly-growing $30-billion cruise industry. The financial network takes a look at how consumers are encouraged to spend their money on the newest 15-story boats that are a "destination of [their] own." Housed within these floating cities are hotels, shopping malls, casinos and full-service spas where travelers can spend money on everything from "oil paintings to Botox." 
But the cruise business is extremely volatile as bad weather, a late departure, or even a shortage of beer "can mean the difference between profits and loss." The industry also faces major challenges in the weak global economy. 
The special premieres Tuesday at 9 pm, 10 pm and 1 am ET. 
For more click here.

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