7b Cruise Overview memo
COMMISSION AGENDA MEMORANDUM Item No. 7b BRIEFING ITEM Date of Meeting February 27, 2018 DATE: January 25, 2018 TO: Executive Director Stephen P. Metruck FROM: Stephanie Jones Stebbins, Managing Director Maritime Division Michael McLaughlin, Director Cruise Operations SUBJECT: Cruise Overview EXECUTIVE SUMMARY Staff will brief commission on Maritime Cruise business highlighting growth in the industry, our record season in 2017, forward-looking market demand for Alaska cruising, cruise economic impact, Port Valet Program (flight check in and luggage service), and a look ahead of the 2018 cruise season. Background The Port of Seattle's continued success as a homeport supporting the Alaska cruise market is an important component of the Ports economic impact to the region as well, as important to industry's continued growth. The opportunities for Seattle are significant. This briefing will include discussion on the following items. The overall cruise industry growth and Alaska market growth Year over year passenger growth Overview of 2017 cruise season Economic Impacts Port Valet (flight check in and luggage service) Cruise Connections event held January 19, 2018 Look ahead at 2018 and beyond ADDITIONAL BACKGROUND Current capacity includes two terminals with three berths total with cruise ships scheduled in the harbor from mid-April to mid-October. Cruise ships are in the harbor every day of the week except Wednesday and Thursday. Continued growth is limited by current berth availability in Seattle and Alaska. ATTACHMENTS TO THIS BRIEFING Presentation slides. Template revised September 22, 2016. COMMISSION AGENDA Briefing Item No. _7b___ Page 2 of 2 Meeting Date: February 27, 2018 PREVIOUS COMMISSION ACTIONS OR BRIEFINGS April 11, 2017 The Commission authorized the Cruise Luggage Valet Program- 2017 Cruise Season August 11, 2015 The Commission authorized the Bell Street Cruise Terminal Lease Agreement with Norwegian Cruise Line Holdings June 23, 2015 The Commission was briefed on Cruise Industry Trends Template revised September 22, 2016.
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