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A feasibility study is underway to ascertain whether Guyana could effectively secure a place in the cruise tourism industry.According to Cabinet Secretary,Nike Air Max Flair Ireland, Dr. Roger Luncheon, Government is in the process of procuring a consultant to conduct the required study which will also examine the need for terminal development at the various ports.This project, Dr. Luncheon said,Adidas Superstar Nere Scontate, will attract a cost of US$80,Scarpe Adidas Stan Smith Saldi, 000.His disclosure came at his weekly post-Cabinet press briefing at Office of the President yesterday.And although the general approach is to have open-tendering for suchCruise tourism captured by www.traveldailynews.asiaprojects,Air Max 98 Ireland, Dr. Luncheon was however unwilling yesterday to categorically state whether an invitation has been extended to foreign consultants.? He however noted that “it is assumed in the expression of interest that is being sought that anyone who is interested, regardless of geography, can indeed respond.”The cruise ship industry is reportedly the fastest growing segment in the travel industry around the world. Reports suggest that since 1980 the average annual growth rate in the number of cruise passengers worldwide has been 8.4 per cent.According to statistics from the Florida-Caribbean Cruise Association (FCCA), the Caribbean region is recognised as the preferred cruise destination accounting for 41 per cent of all itineraries. FCCA has further outlined that consumer interest in cruising continues to be strong despite downward pressure on travel in general due to the economy and fuel costs.The body has also noted that “all over the world,Scarpe Adidas Nmd r2, but especially in the Caribbean region, one can observe that local governments (are) investing large amounts of money in high quality infrastructures to attend the colossal ships and thousands (of) passengers’ arrivals.”Research has also shown that the cruise industry has the potential to provide economic benefits which understandably will include spending by cruise passengers and crew as well as marketing and tour operations.? Additional income is usually also possible from the expenditures of cruise lines for goods and services necessary for cruise operations,Scarpe Adidas Stan Smith Scontate Nere, which adds to the spending by the cruise lines for port services and their expenditures maintenance.However, research by FCCA has noted that accommodation of large cruise ships into port requires a great deal of initial capital investment in infrastructure as well as maintenance costs.? And in light of the fact that the cruise ship industry has the potential to grow larger, FCCA has noted that further investment may be required.Research by FCCA has also been able to ascertain that the downside to certain tourism scenarios with high infrastructure or environmental costs that cater to rapid growth may in fact result in a stagnation of or even a decline in a country’s Gross Domestic Product.