Princess Cruises SWOT Analysis, Competitors & USP

Posted in Tourism and Hospitality, Total Reads: 4070

SWOT analysis of Princess Cruises analyses the brand/company with its strengths, weaknesses, opportunities & threats. In Princess Cruises SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.

SWOT Analysis is a proven management framework which enables a brand like Princess Cruises to benchmark its business & performance as compared to the competitors and industry. Princess Cruises is one of the leading brands in the tourism and hospitality sector. The table below also lists the top Princess Cruises competitors and elaborates Princess Cruises market segmentation, target group, positioning & Unique Selling Proposition (USP).

Princess Cruises SWOT, Competitors, Marketing STP & Brand analysis Table
Princess Cruises Brand Analysis
Parent Company

Carnival Corporation

Category

Cruise and Shipping industry

Sector

Tourism and Hospitality

Tagline/ Slogan

Come back new

USP

Part of world’s leading cruise operator group

Princess Cruises STP
Segment

Vacation goers, casual tourists

Target Group

The high income group which like to enjoy luxury

Positioning

Best hospitality, cuisine and entertainment in the world

Princess Cruises SWOT Analysis
Strengths

Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Princess Cruises. Strengths are:

1. Third largest cruise line in the world

2. Carries 1.7 million guests each year to destinations across the globe

3. 18 ship fleet offers a range of sizes and amenities

4. Destinations include lot of countries and destinations like the Caribbean, Europe, South America, Australia etc,

5. It allows guests to visit many countries in a single vacation

6. It has high customer satisfaction

7. Excellent brand recognition due to very strong parent brand

Weaknesses

Here are the weaknesses in the Princess Cruises SWOT Analysis:

1. Intense competition 
2. Very less service differentiation
3. Accidental cases have affected the business in the past

Opportunities

Following are the Opportunities in Princess Cruises SWOT Analysis:

1. Rising demand of cruise services across the world
2. Low penetration in Asia
3. Joint venture with small players to increase market share

Threats

The threats in the SWOT Analysis of Princess Cruises are as mentioned:

1. Change in tax regulation could hurt parent brand carnival Corporation 
2. New environmental regulations could reduce company’s profits
3. Accidents could affect business and brand image

Princess Cruises Competition
Competitors

Below are the top 3 Princess Cruises competitors:

1. Star Cruise Line
2. Royal Caribbean Cruise Line
3. MSC Cruise


The brandguide table above concludes the Princess Cruises SWOT analysis along with its marketing and brand parameters.

Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry. Browse marketing analysis of more brands and companies similar to Princess Cruises. The BrandGuide section covers SWOT Analysis, USP, STP & Competition of more than 6000 brands from over 20 categories.

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