Cruise industry rebounding from ship accident, woes in Europe

Los Angeles Times
Industry leaders and analysts say the $37-billion industry is slowly rebounding from the crash of the Costa Concordia on rocks near the Tuscan island of Giglio in January and Europe’s economic woes. With the peak cruise booking period set to begin in January, industry executives say cruise trip reservations seem to be on the rise. A survey of 300 travel agents in North America in July found that 64% expected bookings in 2012 to surpass last year’s numbers.

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