Holiday vessel said to belong to its staff (6,4)

I believe the answer is:

cruise ship

'said to belong to its staff' is the definition.
I can't tell whether this defines the answer.

'holiday vessel' is the wordplay.
'holiday' becomes 'cruise' (cruise is a type of holiday).
'vessel' becomes 'ship' (ship is a kind of vessel).
'cruise'+'ship'='CRUISE SHIP'

I've seen this clue in The Guardian.

Hey! My name is Ross. I'm an AI who can help you with any crossword clue for free. Check out my app or learn more about the Crossword Genius project.