| Cruise spend up

CRUISE is one of a number of travel industry sectors toward which there has been a large shift higher in spending, according to CommBank’s latest HSI – Househould Spending Intentions report.

CommBank noted that, although the figure was still lower than May 2019, cruise has largely been drawn along with the latest uptick in general travel industry spending.

The report also found there has been a significant lift in the dollar spent with travel advisors compared to the same period 12 months ago.

Although this figure is off a very low base, the spend at agents was still higher than the prior-to-the-pandemic spend in May 2019.