This is an iHeart Podcast.
Bloomberg Audio Studios, podcasts, radio, news.
With Fourth of July around the corner, the summer travel season is well underway.
That usually brings a travel spike.
But this year, projections are actually down in the US,
with would-be domestic vacationers concerned about the state of the economy and international tourists turning elsewhere in the midst of geopolitical tension and economic uncertainty.
But not all travel projections are down.
The cruise industry is doing extremely well.
Every single company is doing great.
All the public companies that it is is all hitting kind of record revenue,
record earnings.
That's Red Brown.
He's not a big cruise guy himself, but he does cover the industry for Bloomberg.
You speak to anybody who cruises, they'll defend it to their death.
They love it.
They think it's the best way to travel.
That passion
for cruising is part of the reason why companies like Carnival and Royal Caribbean are expecting strong demand this year.
And to keep up with that demand, they've descended on Galveston, Texas,
an island city of about 50,000 people that will host nearly two million cruisers this year.