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Investing in Great Lakes Cruise Industry: Duluth’s Promising Payoffs

Duluth's investments in the Great Lakes cruise industry are projected to have a significant economic impact of over $8 million annually. The city aims to enhance its cruise offerings and become a key player in this emerging industry.

by Mark Eisenberg
Thu, Feb 22, 2024 10:14pm
in Business
• 2 mins read
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Investing in Great Lakes Cruise Industry: Duluth's Promising Payoffs | FinOracle

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Duluth Bolsters Great Lakes Cruise Industry with $8 Million Potential Boost to Economy

Investing in the Great Lakes cruise industry appears to be a promising avenue for Duluth, as economic impacts are projected to increase to $8 million or more annually. This highlights the significant potential for payoffs from Duluth’s investments and support in this sector. Despite Duluth’s position as the world’s most inland port with ocean access, more than 4,000 cruise ship passengers already visit annually, contributing nearly $600,000 to the local economy.

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