16 | CHART 3 TOP EUROPEAN DESTINATIONS SOLD FOR RIVER CRUISES TRENDS IN THE RIVER CRUISE SEGMENT Germany France Netherlands Hungary Austria Spain and Portugal Switzerland The Czech Republic (Czechia) Italy Croatia Romania United Kingdom Bulgaria Serbia Russia 0% 10% 90% 80% 70% 60% 50% 40% 30% 20% 8 https://www.travelmarketreport.com/articles/France-Drops-Remaining-COVID-19-Requirements-for-Travel Usually, clients don’t ask for a specific destination; they ask for a specific river (which then gives them several destinations) The sudden rise in popularity of France as a river cruise destination could be because it was only in August 2022 that the country dropped all COVID-19 restrictions for travelers 8 Across advisors, the most popular river cruises being sold in North America are for the Danube and Rhine. One advisor said, Germany is the most preferred cruise destination. Hungary and the Netherlands retain their share from las year, while the popularity of France jumps from 21% in 2022 to 72% in 2023. 2022 2023