Cruise ship cost analysis: An AHP study on cost components
Diakomihalis, Mihail N.
This paper aims to reveal the factors that influence the cost of cruise
ships of different size which offer different programs. The analytic hierarchy
process (AHP) is the methodology applied in order to evaluate and compare the
cost components. The factors which influence the cost levels after a
brainstorming to the cruise sector experts, are: 1) voyage cost; 2) cost of food
and beverage provision; 3) cost of supplies; 4) administration cost; 5) financial
cost; 6) technical upgrading and lay up cost. Each criterion in the AHP method
is shaped by the significance of its sub-criteria. Results of the study revealed
that technical upgrading and lay up cost is the major drive for the total cost for
the small cruise company (SCC), while financial cost is the most important cost
category for the large cruise company (LCC) and least importance for the small
cruise company (SCC).